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Sheridan, Indiana

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
3,205
Population
$66,534
Median Income
$195,600
Home Value
39.8
Median Age

Demographics

Sheridan has a population of 3,205 with a median age of 39.8. Here is the racial and ethnic breakdown of the population:

White
97.9%
Hispanic
2.9%
Demographic Value
Total Population3,205
Median Age39.8
White97.9%
Black or African American0.2%
Asian0.2%
Hispanic or Latino2.9%
Sheridan, Indiana — racial composition (Census ACS 2024)Donut chart of 3 segments totaling 101.White: 96.7%Hispanic/Latino: 2.9%Other: 0.4%3,205PopulationWhiteWhite96.7%Hispanic/LatinoHispanic/Latino2.9%OtherOther0.4%

Income & Economy

The median household income in Sheridan is $66,534, which is 17.5% below the national median of $80,610. The per capita income is $32,826. The poverty rate is 3.0%.

$66,534
Median Household Income
$32,826
Per Capita Income
3.0%
Poverty Rate

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Education

In Sheridan, 91.5% of residents age 25+ have a high school diploma or higher, and 23.7% hold a bachelor's degree or higher (4.5% with a graduate or professional degree).

HS Diploma+
91.5%
Bachelor's+
23.7%
Graduate+
4.5%
Education Level % of Adults (25+)
High School Diploma or Higher91.5%
Bachelor's Degree or Higher23.7%
Graduate or Professional Degree4.5%

Housing

The median home value in Sheridan is $195,600, below the national median of $303,400. The median monthly rent is $726. The homeownership rate is 65.0%.

$195,600
Median Home Value
$726/mo
Median Rent
65.0%
Homeownership Rate
Housing Metric Value
Median Home Value$195,600
Median Monthly Rent$726
Homeownership Rate65.0%
Vacancy Rate4.3%

Salaries in Indiana

Explore salary data for popular occupations in Indiana:

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Other Cities in Indiana

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Frequently Asked Questions

What is the population of Sheridan, Indiana?
The population of Sheridan, Indiana is 3,205 according to U.S. Census Bureau ACS 2024 5-Year Estimates.
What is the median household income in Sheridan, Indiana?
The median household income in Sheridan, Indiana is $66,534. This is 17.5% below the national median of $80,610.
What is the median home value in Sheridan, Indiana?
The median home value in Sheridan, Indiana is $195,600. The median monthly rent is $726.
What percentage of people in Sheridan have a college degree?
In Sheridan, Indiana, 23.7% of adults age 25 and older hold a bachelor's degree or higher, and 91.5% have a high school diploma or higher.
Is Sheridan, Indiana an affordable place to live?
The home price-to-income ratio in Sheridan, Indiana is 2.9x (median home value $195,600 vs. median income $66,534), making it relatively affordable by that measure. A ratio under 4.0 is generally considered affordable.

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