Living in Sheridan, Montana
Cost of living, income, home prices, rent and demographics of Sheridan · Census data 2020–2024
Sheridan has 869 residents with a median age of 58.9. The median household income is $87,321 (20% higher than the Montana median), the median home value is $318,400, the median rent is $888/month.
Sheridan is a small town, so Census survey estimates have wide margins of error. Treat percentages as approximate.
Sheridan at a glance
- Population
- 869
- Median age
- 58.9State: 40.4
- Median household income
- $87,321State: $72,509
- Median home value
- $318,400State: $375,800
- Median rent
- $888/moState: $1,081
- Homeowners
- 87.7%
- Bachelor's degree or higher
- 25.5%
- Average commute
- 21 min
Is Sheridan a good place to live?
Pros: Median household income 20% higher than the Montana median; home values 15% lower than the state median; unemployment of 2.8%; a poverty rate of 3.5%.
Cons: An average commute of 21 minutes.
The weather is best in June to September.
Cost of living in Sheridan
Housing is the biggest part of the cost of living. In Sheridan the median home value is $318,400, 4% lower than the U.S. median. Renters pay a median of $888 per month, which is 21.9% of household income. Homeowners with a mortgage pay $1,094 a month in housing costs.
Sheridan median household income
The median household income in Sheridan is $87,321 and the income per person is $41,552. 3.5% of residents live below the poverty line (Montana: 11.5%).
Housing in Sheridan: homes for sale and rent
- Housing units
- 390
- Owner-occupied
- 87.7%
- Renter-occupied
- 12.3%
- Vacant
- 8.5%Includes seasonal homes
- Median year built
- 1973
- Average household size
- 2.35
Sheridan demographics
- Population
- 869
- Median age
- 58.9
- Under 18
- 11.3%
- 65 and older
- 34.2%
- Households
- 357
- Foreign-born
- 3.7%
- Veterans
- 9.5%Adults 18+
Hispanic or Latino can be of any race. Population history of Sheridan ›
Education in Sheridan
25.5% of adults 25 and older in Sheridan have a bachelor's degree or higher (Montana: 35.2%), and 8.9% have a graduate or professional degree.
Jobs and commute in Sheridan
- Unemployment rate
- 2.8%State: 3.6%
- Average commute
- 21 minState: 19 min
- Work from home
- 5.9%
- Drive alone
- 70%
- Public transit
- 0%
- Walk to work
- 3.5%
- Homes with broadband
- 80.4%
Sheridan vs nearby towns
| Town | Population | Median income | Home value | Rent |
|---|---|---|---|---|
| Sheridan | 869 | $87,321 | $318,400 | $888 |
| Brandon | 115 | $110,577 | $452,800 | — |
| Twin Bridges | 201 | $57,188 | $236,800 | $981 |
| Virginia City | 129 | $61,875 | $351,900 | — |
| Ennis | 777 | $69,650 | $402,500 | $854 |
| Dillon | 4,085 | $61,134 | $256,700 | $864 |
| Rader Creek | 310 | $100,691 | $463,200 | — |
More for people moving to Sheridan
Sheridan ZIP code ›Weather and climate ›Living in Sheridan: FAQ
What is the median household income in Sheridan, MT?
The median household income in Sheridan is $87,321, 20% higher than the Montana median of $72,509 (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 $318,400, compared with $375,800 in Montana.
How much is rent in Sheridan?
The median gross rent in Sheridan is $888 per month, about 21.9% of household income.
Is Sheridan, MT a good place to live?
Pluses: median household income 20% higher than the Montana median; home values 15% lower than the state median; unemployment of 2.8%; a poverty rate of 3.5%. Minuses: an average commute of 21 minutes.
What is the median age in Sheridan?
The median age in Sheridan is 58.9 years (Montana: 40.4).
How long is the commute in Sheridan?
The average commute to work in Sheridan is 21 minutes; 5.9% of workers work from home.
What is the unemployment rate in Sheridan?
The unemployment rate in Sheridan is 2.8% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is Sheridan?
25.5% 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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