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Sherrard, 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
691
Population
$98,750
Median Income
$150,200
Home Value
42.9
Median Age

Demographics

Sherrard has a population of 691 with a median age of 42.9. Here is the racial and ethnic breakdown of the population:

White
91.3%
Hispanic
6.9%
Other
1.8%
Demographic Value
Total Population691
Median Age42.9
White91.3%
Hispanic or Latino6.9%
Other / Two or More Races1.8%
Sherrard, Illinois — racial composition (Census ACS 2024)Donut chart of 3 segments totaling 100.White: 91.3%Hispanic/Latino: 6.9%Other: 1.8%691PopulationWhiteWhite91.3%Hispanic/LatinoHispanic/Latino6.9%OtherOther1.8%

Income & Economy

The median household income in Sherrard is $98,750, which is 22.5% above the national median of $80,610. The per capita income is $43,375. The poverty rate is 9.3%.

$98,750
Median Household Income
$43,375
Per Capita Income
9.3%
Poverty Rate

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Education

In Sherrard, 93.6% of residents age 25+ have a high school diploma or higher, and 17.2% hold a bachelor's degree or higher (9.6% with a graduate or professional degree).

HS Diploma+
93.6%
Bachelor's+
17.2%
Graduate+
9.6%
Education Level % of Adults (25+)
High School Diploma or Higher93.6%
Bachelor's Degree or Higher17.2%
Graduate or Professional Degree9.6%

Housing

The median home value in Sherrard is $150,200, below the national median of $303,400. The median monthly rent is $850. The homeownership rate is 92.6%.

$150,200
Median Home Value
$850/mo
Median Rent
92.6%
Homeownership Rate
Housing Metric Value
Median Home Value$150,200
Median Monthly Rent$850
Homeownership Rate92.6%
Vacancy Rate6.3%

Salaries in Illinois

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Frequently Asked Questions

What is the population of Sherrard, Illinois?
The population of Sherrard, Illinois is 691 according to U.S. Census Bureau ACS 2024 5-Year Estimates.
What is the median household income in Sherrard, Illinois?
The median household income in Sherrard, Illinois is $98,750. This is 22.5% above the national median of $80,610.
What is the median home value in Sherrard, Illinois?
The median home value in Sherrard, Illinois is $150,200. The median monthly rent is $850.
What percentage of people in Sherrard have a college degree?
In Sherrard, Illinois, 17.2% of adults age 25 and older hold a bachelor's degree or higher, and 93.6% have a high school diploma or higher.
Is Sherrard, Illinois an affordable place to live?
The home price-to-income ratio in Sherrard, Illinois is 1.5x (median home value $150,200 vs. median income $98,750), making it relatively affordable by that measure. A ratio under 4.0 is generally considered affordable.

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