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Sheridan, Illinois

Last updated: 2024 BLS data · Page refreshed:

City Profile — Demographics, Income, Education & Housing
Data: U.S. Census Bureau, American Community Survey 2024 5-Year Estimates
2,519
Population
$85,250
Median Income
$186,400
Home Value
36.1
Median Age

Demographics

Sheridan has a population of 2,519 with a median age of 36.1. Here is the racial and ethnic breakdown of the population:

White
49.0%
Black
42.1%
Hispanic
8.7%
Demographic Value
Total Population2,519
Median Age36.1
White49.0%
Black or African American42.1%
Hispanic or Latino8.7%
Sheridan, Illinois — racial composition (Census ACS 2024)Donut chart of 3 segments totaling 100.White: 49.1%Black: 42.2%Hispanic/Latino: 8.7%2,519PopulationWhiteWhite49.1%BlackBlack42.2%Hispanic/LatinoHispanic/Latino8.7%

Income & Economy

The median household income in Sheridan is $85,250, which is 5.8% above the national median of $80,610. The per capita income is $18,471. The poverty rate is 10.9%.

$85,250
Median Household Income
$18,471
Per Capita Income
10.9%
Poverty Rate

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Education

In Sheridan, 70.6% of residents age 25+ have a high school diploma or higher, and 4.9% hold a bachelor's degree or higher (1.5% with a graduate or professional degree).

HS Diploma+
70.6%
Bachelor's+
4.9%
Graduate+
1.5%
Education Level % of Adults (25+)
High School Diploma or Higher70.6%
Bachelor's Degree or Higher4.9%
Graduate or Professional Degree1.5%

Housing

The median home value in Sheridan is $186,400, below the national median of $303,400. The median monthly rent is $1,070. The homeownership rate is 78.8%.

$186,400
Median Home Value
$1,070/mo
Median Rent
78.8%
Homeownership Rate
Housing Metric Value
Median Home Value$186,400
Median Monthly Rent$1,070
Homeownership Rate78.8%

Salaries in Illinois

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Frequently Asked Questions

What is the population of Sheridan, Illinois?
The population of Sheridan, Illinois is 2,519 according to U.S. Census Bureau ACS 2024 5-Year Estimates.
What is the median household income in Sheridan, Illinois?
The median household income in Sheridan, Illinois is $85,250. This is 5.8% above the national median of $80,610.
What is the median home value in Sheridan, Illinois?
The median home value in Sheridan, Illinois is $186,400. The median monthly rent is $1,070.
What percentage of people in Sheridan have a college degree?
In Sheridan, Illinois, 4.9% of adults age 25 and older hold a bachelor's degree or higher, and 70.6% have a high school diploma or higher.
Is Sheridan, Illinois an affordable place to live?
The home price-to-income ratio in Sheridan, Illinois is 2.2x (median home value $186,400 vs. median income $85,250), making it relatively affordable by that measure. A ratio under 4.0 is generally considered affordable.

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