Living in Sheridan, Indiana
Cost of living, income, home prices, rent and demographics of Sheridan · Census data 2020–2024
Sheridan has 3,205 residents with a median age of 39.8. The median household income is $66,534 (8% lower than the Indiana median), the median home value is $195,600, the median rent is $726/month.
Sheridan at a glance
- Population
- 3,205
- Median age
- 39.8State: 38.1
- Median household income
- $66,534State: $71,957
- Median home value
- $195,600State: $218,200
- Median rent
- $726/moState: $1,062
- Homeowners
- 65%
- Bachelor's degree or higher
- 23.7%
- Average commute
- 27 min
Is Sheridan a good place to live?
Pros: Home values 10% lower than the state median; a poverty rate of 3%.
Cons: Median household income 8% lower than the Indiana median; an average commute of 27 minutes; unemployment of 5.9%.
The weather is best in May–June and August–September.
Cost of living in Sheridan
Housing is the biggest part of the cost of living. In Sheridan the median home value is $195,600, 41% lower than the U.S. median. Renters pay a median of $726 per month, which is 22.8% of household income. Homeowners with a mortgage pay $1,372 a month in housing costs.
Sheridan median household income
The median household income in Sheridan is $66,534 and the income per person is $32,826. 3% of residents live below the poverty line (Indiana: 12.3%).
Housing in Sheridan: homes for sale and rent
- Housing units
- 1,441
- Owner-occupied
- 65%
- Renter-occupied
- 35%
- Vacant
- 4.3%Includes seasonal homes
- Median year built
- 1981
- Average household size
- 2.28
Sheridan demographics
- Population
- 3,205
- Median age
- 39.8
- Under 18
- 20%
- 65 and older
- 16.2%
- Households
- 1,379
- Foreign-born
- 1.1%
- Veterans
- 5.8%Adults 18+
Hispanic or Latino can be of any race. Population history of Sheridan ›
Education in Sheridan
23.7% of adults 25 and older in Sheridan have a bachelor's degree or higher (Indiana: 29.5%), and 4.5% have a graduate or professional degree.
Jobs and commute in Sheridan
- Unemployment rate
- 5.9%State: 4.3%
- Average commute
- 27 minState: 24 min
- Work from home
- 6.5%
- Drive alone
- 67.4%
- Public transit
- 0.6%
- Walk to work
- 0%
- Homes with broadband
- 92%
Sheridan vs nearby towns
| Town | Population | Median income | Home value | Rent |
|---|---|---|---|---|
| Sheridan | 3,205 | $66,534 | $195,600 | $726 |
| Hortonville | 229 | $71,518 | $280,400 | $1,080 |
| Westfield | 54,677 | $122,789 | $425,700 | $1,667 |
| Cicero | 5,509 | $66,934 | $282,100 | $737 |
| Arcadia | 1,556 | $66,901 | $182,900 | $971 |
| Atlanta | 816 | $69,286 | $148,400 | $1,134 |
| Kempton | 225 | $52,500 | $118,800 | $808 |
| Kirklin | 920 | $56,458 | $102,500 | $955 |
| Goldsmith | 279 | $160,439 | $291,200 | — |
More for people moving to Sheridan
Sheridan ZIP code ›Weather and climate ›Living in Sheridan: FAQ
What is the median household income in Sheridan, IN?
The median household income in Sheridan is $66,534, 8% lower than the Indiana median of $71,957 (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
What is the average home price in Sheridan?
The median home value in Sheridan is $195,600, compared with $218,200 in Indiana.
How much is rent in Sheridan?
The median gross rent in Sheridan is $726 per month, about 22.8% of household income.
Is Sheridan, IN a good place to live?
Pluses: home values 10% lower than the state median; a poverty rate of 3%. Minuses: median household income 8% lower than the Indiana median; an average commute of 27 minutes; unemployment of 5.9%.
What is the median age in Sheridan?
The median age in Sheridan is 39.8 years (Indiana: 38.1).
How long is the commute in Sheridan?
The average commute to work in Sheridan is 27 minutes; 6.5% of workers work from home.
What is the unemployment rate in Sheridan?
The unemployment rate in Sheridan is 5.9% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is Sheridan?
23.7% of adults in Sheridan 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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