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Sleepy Eye, Minnesota Demographics & Population 2026

Very AffordableHome value to income ratio of 2.2x is exceptionally low

During the 2020–2024 ACS period, Sleepy Eye, Minnesota had a total population of 3,444, the 199th largest city in Minnesota, with a median household income of $66,911, which is 25% lower than the state average. The poverty rate is 7.8%.

Data vintage: U.S. Census Bureau ACS 2020–2024 5-Year Estimates · refreshed July 2026 · Methodology & source notes

Key Takeaways

Sleepy Eye Quick Facts

Population 3,444
Median Household Income $66,911
Median Home Value $147,600
Poverty Rate 7.8%
Unemployment Rate 2.7%
Median Age 40.1 years
Homeownership Rate 78.2%
Affordability Ratio 2.2x
Bachelor's Degree or Higher 19.1%
High School Graduation Rate 94.3%
Diversity Index 35/100
Population 3,444 199th of 914
Median Income $66,911 average
Poverty Rate 7.8% 38% lower than national
Median Home Value $147,600 below average

How Sleepy Eye Changed

Change from the 2019–2023 ACS period to 2020–2024. These are rolling five-year estimates, not year-over-year measurements.

Metric2019–20232020–2024Change
Population3,4383,444+0.2%
Median household income$64,811$66,911+3.2%
Median home value$138,500$147,600+6.6%

How Sleepy Eye Compares

Economy & Housing

Household Income Distribution

Under $25K 18.6%
$25K-$50K 15.8%
$50K-$100K 36.9%
$100K+ 28.6%
Detailed income brackets
Under $10K
3.4%
$10K-$15K
4.0%
$15K-$20K
4.9%
$20K-$25K
6.3%
$25K-$30K
1.0%
$30K-$35K
1.8%
$35K-$40K
4.2%
$40K-$45K
6.9%
$45K-$50K
1.9%
$50K-$60K
6.4%
$60K-$75K
16.2%
$75K-$100K
14.3%
$100K-$125K
10.4%
$125K-$150K
8.8%
$150K-$200K
4.9%
$200K+
4.5%

Employment

2.7% Unemployment Rate State: 4.1%|National: 5.2%
69.8% Labor Force Participation

Housing Overview

Owner 78.2%
Renter 21.8%
Affordability Index Very Affordable
2.2x home value to income ratio
Median gross rent $782/mo 14.0% of median household income annually

People & Demographics

Diversity Index

35out of 100
Low Diversity

A less diverse community where one racial or ethnic group represents a large majority.

State average: 41 | National average: 61

Education

Sleepy Eye Rankings in Minnesota

#199 Population of 914
#483 Median Income of 887
#478 Education of 914
#556 Home Value of 870

Other Cities in Brown County

CityPopulationMedian IncomePovertyHome Value
New Ulm 14,056 $64,449 9.2% $204,200
Springfield 2,125 $59,434 11.8% $122,300
Hanska 380 $70,000 13.2% $89,500
Comfrey 338 $61,875 13.3% $96,300
Searles 201 $80,625 1.0% $191,100
Evan 89 $51,250 12.4% $54,000
Essig 76 N/A 31.6% $160,900
Cobden 12 N/A 0.0% N/A

Cities Similar to Sleepy Eye

These cities in the same state have comparable population and economic profiles.

CityPopulationMedian IncomeHome ValueBachelor's+Poverty
Annandale3,399$65,583$251,80023.4%8.9%
Two Harbors3,567$65,625$206,80022.0%11.7%
Jackson3,287$70,223$128,50031.3%11.8%
Blue Earth3,165$66,771$143,60023.6%10.8%
Montgomery3,434$79,432$234,70017.0%5.8%

Population Overview

Sleepy Eye is a small community located in Minnesota, within Brown County. The total population is 3,444. It ranks as the 199th most populous out of 914 Census-designated places in Minnesota.

Age Demographics

The median age in Sleepy Eye is 40.1 years. This is 3% higher than the state median of 38.8 years.

Economy, Income & Housing

The median household income in Sleepy Eye is $66,911. This is 25% lower than the state median of $89,062. It is also 17% lower than the national median of $80,734. The poverty rate stands at 7.8%. This is 17% lower than the state poverty rate of 9.3%. The unemployment rate is 2.7%. This is 33% lower than the state rate of 4.1%. The median home value is $147,600. Housing costs are 55% lower than the state median of $329,300. With a home-value-to-income ratio of just 2.2x, Sleepy Eye is one of the most affordable housing markets in the area. 78.2% of occupied housing units are owner-occupied. This homeownership rate is 8% higher than the state average of 72.2%.

Race & Ethnicity

The largest racial or ethnic group in Sleepy Eye is White (non-Hispanic), making up 78.5% of the population. Hispanic or Latino residents account for 17.3%. The Black or African American population (0.3%) is well below the state average of 7.0%. The Hispanic or Latino population is significantly higher than the state average (17.3% vs 6.4%). The Asian population (0.2%) is well below the state average of 5.1%.

Education

19.1% of residents aged 25 and older hold a bachelor's degree or higher. This is 51% lower than the state rate of 39.4%. Nationally, 35.7% of adults hold at least a bachelor's degree. The high school graduation rate (or equivalent) is 94.3%.

Data Sources & Methodology

All demographic data for Sleepy Eye, Minnesota is sourced from the U.S. Census Bureau's American Community Survey (ACS) 2020–2024 5-Year Estimates. The ACS collects data from approximately 3.5 million households annually and pools five years of responses so that even small communities can be measured, though the margin of error widens as the population falls. Comparisons are made against Minnesota state averages and national averages calculated from the same dataset. Rankings reflect the city's position among all 914 Census-designated places in Minnesota. Read more about how these figures are produced on our methodology page, or visit data.census.gov for official data.

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Frequently Asked Questions

What is the population of Sleepy Eye, Minnesota?

Sleepy Eye, Minnesota has a population of 3,444 according to the most recent U.S. Census ACS 5-Year Estimates.

What is the median household income in Sleepy Eye, MN?

The median household income in Sleepy Eye is $66,911, which is 17% lower than the national median of $80,734.

What is the poverty rate in Sleepy Eye, MN?

The poverty rate in Sleepy Eye is 7.8%. This means approximately 259 residents live below the federal poverty line.

What is the racial makeup of Sleepy Eye, Minnesota?

Sleepy Eye's population is 78.5% White, 0.3% Black, 17.3% Hispanic/Latino, and 0.2% Asian.

What is the median home value in Sleepy Eye, MN?

The median home value in Sleepy Eye is $147,600. The home-value-to-income ratio is 2.2x.

How educated is Sleepy Eye, Minnesota?

19.1% of adults (25+) in Sleepy Eye hold a bachelor's degree or higher, and 3.9% hold a graduate or professional degree.