Living in Sheridan Lake, Colorado
Cost of living, income, home prices, rent and demographics of Sheridan Lake · Census data 2020–2024
Sheridan Lake has 61 residents with a median age of 32.9. The median household income is $41,406 (57% lower than the Colorado median), the median home value is $86,700.
Sheridan Lake is a small town, so Census survey estimates have wide margins of error. Treat percentages as approximate.
Sheridan Lake at a glance
- Population
- 61
- Median age
- 32.9State: 37.7
- Median household income
- $41,406State: $95,470
- Median home value
- $86,700State: $539,400
- Homeowners
- 32%
- Bachelor's degree or higher
- 31.3%
- Average commute
- 24 min
Is Sheridan Lake a good place to live?
Pros: Home values 84% lower than the state median; an average commute of 24 minutes; a poverty rate of 3.3%.
Cons: Median household income 57% lower than the Colorado median.
The weather is best in May–June and September–October.
Cost of living in Sheridan Lake
Housing is the biggest part of the cost of living. In Sheridan Lake the median home value is $86,700, 74% lower than the U.S. median. Renters pay a median of — per month. Homeowners with a mortgage pay — a month in housing costs.
Sheridan Lake median household income
The median household income in Sheridan Lake is $41,406 and the income per person is $26,308. 3.3% of residents live below the poverty line (Colorado: 9.4%).
Housing in Sheridan Lake: homes for sale and rent
- Housing units
- 34
- Owner-occupied
- 32%
- Renter-occupied
- 68%
- Vacant
- 26.5%Includes seasonal homes
- Median year built
- 1963
- Average household size
- 2.44
Sheridan Lake demographics
- Population
- 61
- Median age
- 32.9
- Under 18
- 19.7%
- 65 and older
- 6.6%
- Households
- 25
- Foreign-born
- 0%
- Veterans
- 4.1%Adults 18+
Hispanic or Latino can be of any race. Population history of Sheridan Lake ›
Education in Sheridan Lake
31.3% of adults 25 and older in Sheridan Lake have a bachelor's degree or higher (Colorado: 45.7%), and 20.8% have a graduate or professional degree.
Jobs and commute in Sheridan Lake
- Unemployment rate
- 0%State: 4.6%
- Average commute
- 24 minState: 25 min
- Work from home
- 0%
- Drive alone
- 91.2%
- Public transit
- 0%
- Walk to work
- 8.8%
- Homes with broadband
- 100%
Sheridan Lake vs nearby towns
| Town | Population | Median income | Home value | Rent |
|---|---|---|---|---|
| Sheridan Lake | 61 | $41,406 | $86,700 | — |
| Cheyenne Wells | 979 | $72,759 | $173,100 | $943 |
| Eads | 677 | $59,479 | $135,200 | $800 |
| Granada | 447 | $49,250 | $115,300 | $754 |
| Tribune | 758 | $80,263 | $112,500 | $786 |
| Holly | 665 | $33,750 | $99,800 | $330 |
| Wiley | 422 | $60,114 | $140,300 | $950 |
| Lamar | 7,611 | $53,188 | $152,900 | $858 |
| Weskan | 171 | $71,250 | $150,000 | $675 |
More for people moving to Sheridan Lake
Sheridan Lake ZIP code ›Weather and climate ›Living in Sheridan Lake: FAQ
What is the median household income in Sheridan Lake, CO?
The median household income in Sheridan Lake is $41,406, 57% lower than the Colorado median of $95,470 (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
What is the average home price in Sheridan Lake?
The median home value in Sheridan Lake is $86,700, compared with $539,400 in Colorado.
Is Sheridan Lake, CO a good place to live?
Pluses: home values 84% lower than the state median; an average commute of 24 minutes; a poverty rate of 3.3%. Minuses: median household income 57% lower than the Colorado median.
What is the median age in Sheridan Lake?
The median age in Sheridan Lake is 32.9 years (Colorado: 37.7).
How long is the commute in Sheridan Lake?
The average commute to work in Sheridan Lake is 24 minutes; 0% of workers work from home.
What is the unemployment rate in Sheridan Lake?
The unemployment rate in Sheridan Lake is 0% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is Sheridan Lake?
31.3% of adults in Sheridan Lake have a bachelor's degree or higher.
Source: U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024 (margins of error apply, especially in small towns). Figures are in 2024 dollars.
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