Sheridan, IL demographics:
population, income, and more

Total population
2,519
-3.5% year-over-year change
Median household income
$85,250/yr
16.4% year-over-year change
Housing units
415
-3.9% year-over-year change

Sheridan population

How many people live in Sheridan

Sheridan is home to 2,519 residents, according to the most recent Census data. Gender-wise, 82.5% of Sheridan locals are male, and 17.5% are female.

Total population
2,519
-3.5% year-over-year change
Gender ratio
Male
82.5%
2,079
Female
17.5%
440
Value Percent YoY change
Male 2,079 82.5% -2.8%
Female 440 17.5% -6.6%
A higher population often means more rental variety and livelier areas. The gender balance—how many men live here compared to women—can reveal a lot about the community and the lifestyles of its residents. Use this info to get a sense of the area's pace and personality.

Age demographics

The median age in Sheridan is 36, with the population distributed as follows: about 5.1% are children under 15, then 10.1% are in the 15 to 24 age group. Adults between 25 and 44 make up 53.8% of the population, while another 24.1% fall into the 45 to 64 bracket. Finally, around 6.9% are 65 or older.

Median age
36.1
Age breakdown
Under 15
5.1%
15 to 24
10.1%
25 to 44
53.8%
45 to 64
24.1%
Over 65
6.9%
Value Percent YoY change
Under 15 129 5.1% -27.5%
15 to 24 254 10.1% -24.2%
25 to 44 1,356 53.8% -3.3%
45 to 64 607 24.1% 10.4%
Over 65 173 6.9% 19.3%
The age composition helps you get insight into who lives in the area. A younger population might mean a more active, fast-paced vibe, while an older one could suggest a quieter, slower lifestyle. If there's a balanced makeup, you’re likely to find a variety of services, housing types, and community spaces that cater to different life stages.

Racial makeup

In Sheridan, 98.4% of the population are US-born citizens, while 1% have gained naturalized citizenship. At the same time, 0.6% of residents are non-citizens. There’s also a share of 6.6% that includes residents with two or more races.

Citizenship
U.S.-born citizens
98.4%
Non-U.S.-born citizens
1%
Non-citizens
0.6%
Value Percent YoY change
U.S.-born citizens 2,479 98.4% -4.7%
Non-U.S.-born citizens 24 1% 166.7%
Non-citizens 16 0.6% N/A
Racial breakdown
White
49%
Black or African American
42.1%
American Indian and Alaska Native
0.4%
Asian
0%
Native Hawaiian and other Pacific Islander
0%
Two or more races
6.6%
Other
1.9%
Value Percent
White 1,234 49%
Black or African American 1,061 42.1%
American Indian and Alaska Native 9 0.4%
Two or more races 167 6.6%
Other 48 1.9%

Households in Sheridan

A peek inside Sheridan households

Sheridan has 415 households, with an average of 2 members in each. Of these, 61.4% are families, while the remaining 38.6% are made up of individuals living alone or with non-relatives, such as roommates.

Households stats

Total households
415
-2.6% year-over-year change
Average people per household
2
Non-family households
160
Family households
255
Value Percent YoY change
Non-family households 160 38.6% -0.6%
Family households 255 61.4% -3.8%
The mix between family and non-family households gives a glimpse into daily life. A higher percentage of families might mean more parks and schools, while more non-family setups can mean flexible housing and diverse living styles. For renters, this can signal what kinds of homes are common and can help you figure out if the area matches your lifestyle.

Housing in Sheridan

The housing landscape of Sheridan

Sheridan's housing consists of 415 units, with 94% being detached single-family homes ideal for those wanting space.

Housing units
415
-3.9% year-over-year change
Housing types
Value Percent
1 unit, detached 390 94%
2 units 25 6%
Homes built since 2020
0
% year-over-year change

The age of buildings in Sheridan

In Sheridan, the median construction year is 1956. About 35.9% of homes were built before the 1940s, with another 3.1% going up by 1949. Most development happened in the second half of the 20th century.

Construction year breakdown by decade
Value Percent YoY change
Built in 1939 or earlier 149 35.9% -3.2%
Built between 1940 and 1949 13 3.1% -27.8%
Built between 1950 and 1959 78 18.8% -2.5%
Built between 1960 and 1969 51 12.3% 54.5%
Built between 1970 and 1979 22 5.3% -29.0%
Built between 1980 and 1989 66 15.9% -13.2%
Built between 1990 and 1999 30 7.2% -9.1%
Built between 2000 and 2009 6 1.4% -14.3%
As a renter, knowing when homes were built helps you understand the potential condition and design of rental units. Newer builds may have more contemporary layouts, while older homes can offer character or larger lots, depending on the area.

Sheridan occupancy rates

Out of the 415 occupied housing units in Sheridan, 78.8% are owner-occupied, while 21.2% are lived in by tenants.

Occupied housing units
415
-2.6% year-over-year change
Occupancy breakdown
Renter occupied
88
Owner occupied
327
Value Percent YoY
change
Renter occupied 88 21.2% -2.2%
Owner occupied 327 78.8% -2.7%
Unoccupied housing units
0.0%
Unoccupied housing units refer to homes that are currently without residents—whether they're waiting for renters or owners, used seasonally, or simply unclaimed. A higher share of empty homes may mean more housing availability, while a low number can reflect a tighter market with more competition. This, along with the renter-vs.-owner mix, helps paint a clearer picture of what types of housing and services are likely to be available in the area.

Sheridan housing costs

Housing costs in Sheridan come to a median of $1,257 per month, while tenants specifically pay a median gross rent of $1,070.

Median housing costs per month
$1,257/month
This figure sums up typical monthly housing costs for all households in the area. If you own, it includes mortgage payments in addition to property taxes, insurance and HOA fees. If you rent, it accounts for rent plus extras like utilities. It’s useful for seeing how local living expenses stack up compared to other places.
Median gross rent in Sheridan
$1,070/month
Gross rent gives a more complete look at what renters actually pay, including not just base rent, but also utilities and fees. It’s a key number for evaluating rental affordability in your area of interest and understanding how it compares to nearby locations.

Education in Sheridan

Sheridan education at a glance

About 59.6% of the population in Sheridan went to high school, while 26.5% pursued college studies. Another 3.9% earned an associate degree and 3% hold a bachelor’s. Meanwhile, 1.4% went even further, earning a master’s or doctorate.

Education level
Value Percent YoY change
No high school 129 5.5% 4.0%
High school diploma 1,387 59.6% -6.7%
College diploma 617 26.5% 9.6%
Associate degree 91 3.9% -27.2%
Bachelor's degree 71 3% 65.1%
Graduate degree 33 1.4% 43.5%
A community’s education mix can offer insights into the local economy and housing market. Higher levels of education often align with more job opportunities and stable incomes, which can increase demand for homes and influence both rent prices and rental availability.

Income in Sheridan

How much people earn in Sheridan

The average annual household income in Sheridan was $89,957 in 2024, the most recent annual data available, according to the U.S. Census Bureau. This marked a +14.4% change from the previous year. At the same time, the median income stood at $85,250, reflecting a +16.4% shift over the same period.

Average household income in Sheridan
$89,957/year
14.4% year-over-year change
Median household income in Sheridan
$85,250/year
16.4% year-over-year change

Sheridan income by age

In Sheridan, households led by residents aged 25 to 44 — usually in the early to mid stages of their careers — have a median income of $67,396. Those with someone between 45 and 64 in charge, often well established professionally, earn $85,886 overall. Overall, 88.9% of the locals in this community live above the poverty line.

Income breakdown by age
Value YoY change
25 - 44 $67,396 3.9%
45 - 64 $85,886 3.5%
Over 65 $69,375 9.2%
Above poverty level
778
Below poverty level
97
Value Percent YoY
change
Above poverty level 778 88.9% -0.3%
Below poverty level 97 11.1% -39.4%

Average renter income in Sheridan

To get a better sense of what renters earn on average in Sheridan, their median household income was $34,688 according to 2022 Census data. In addition, the rent-to-income ratio in the area, at 37%, shows what portion of their earnings goes toward housing expenses.

Renter median household income
$34,688
Rent-to-income ratio
37%
Understanding the rent-to-income ratio can help renters gauge if local housing costs align with their earnings. A ratio under 30% usually signals affordability, while exceeding this mark means rent is taking a larger-than-recommended bite out of income. That could make it harder for you to cover other costs like transportation, healthcare, or child care.

Employment in Sheridan

Workforce and job types in Sheridan

The job market in Sheridan is powered by 475 working residents, spread across a range of industries and roles. 60.2% of the working population are employed in professional or administrative positions, while 39.8% are in hands-on or service-based jobs. Also, 7.4% run their own businesses, 72.8% are employed by private companies, and 15.8% work in the public sector.

Workforce demographics

Working population
475
0.6% year-over-year change
White collar
286
Blue collar
189
Value Percent YoY change
White collar 286 60.2% 5.9%
Blue collar 189 39.8% -6.4%
Employer type
Self employees
7.4%
Private companies
72.8%
Governmental workers
15.8%
Not for profit companies
4%
Value Percent YoY change
Self employees 35 7.4% 12.9%
Private companies 346 72.8% -4.2%
Governmental workers 75 15.8% 33.9%
Not for profit companies 19 4% -20.8%
Unemployment rate
8.0%
7.9% year-over-year change

Available workforce

The unemployment rate in Sheridan stands at 8%, representing the share of the workforce currently without a job and actively looking for one.

For renters, the unemployment rate helps paint a picture of job security and financial stability in the area. Rates around 4% to 5% are considered typical. A lower-than-average rate might suggest strong job prospects and a thriving local economy, while a higher rate could hint at fewer opportunities—both useful to consider when planning a move.

Transportation in Sheridan

How people get around in Sheridan

Commuting methods vary: 87.3% of residents travel by personal vehicle and 0.9% prefer to walk, while the remaining share relies on public transit or on two wheelers to get from A to B.

Means of transportation
Value Percent YoY change
Car 405 87.3% -1.7%
Walk 4 0.9% 33.3%
Understanding how locals get to work can help you plan your own routine. High car usage might mean you’ll need a vehicle, while strong public transit or walkability could save you the hassle. Commute times also play a big role in quality of life—shorter trips can give you more time for the things you enjoy.

What is the median and average household income in Sheridan by zipcode?

Zipcode Population Number of households Median income Average income
60551 5,058 1,546 $86,786 $110,197

Explore more communities

FAQs about Sheridan demographics 

What is the total population of Sheridan?

Sheridan has a total population of 2,519 residents, according to the latest release from the U.S. Census Bureau: the 2019-2023 American Community Survey (ACS) 5-year estimates. This figure changed by -3.5% compared to a year ago.

What is the gender ratio in Sheridan?

The gender ratio in Sheridan is as follows:
  • 82.5% males (2,079 residents)
  • 17.5% females (440 residents)

What is the median age in Sheridan?

The median age in Sheridan is 36.1.

What is the age distribution of the population in Sheridan?

The age distribution in Sheridan is as follows:
  • Under 15: 5.1% (129 residents)
  • Ages 15-24: 10.1% (254 residents)
  • Ages 25-44: 53.8% (1,356 residents)
  • Ages 45-64: 24.1% (607 residents)
  • Over 65: 6.9% (173 residents)

What is the racial and ethnic makeup of Sheridan?

The racial and ethnic makeup of Sheridan is as follows:
  • White: 49% (1,234 residents)
  • Black or African American: 42.1% (1,061 residents)
  • American Indian and Alaska Native: 0.4% (9 residents)
  • Asian: 0% (0 residents)
  • Native Hawaiian and Other Pacific Islander: 0% (0 residents)
  • Two or More Races: 6.6% (167 residents)
  • Other: 1.9% (48 residents)

What percentage of the population in Sheridan are U.S.-born citizens?

U.S.-born citizens represent 98.4% of the population in Sheridan.

How many housing units are there in Sheridan?

There are 415 housing units in Sheridan, reflecting a -3.9% change compared to the previous year, according to the latest data from the U.S. Census Bureau.

How many households are in Sheridan and what is the average household size?

Sheridan has a total of 415 households, with an average of 2 people in each.

What is the median household income in Sheridan?

Sheridan has a median household income of $85,250, representing a +16.4% shift from the previous year, according to the U.S. Census Bureau.

What is the employment rate and job market overview for Sheridan?

The employment rate is 92% in Sheridan, with a workforce of 475 residents. Here’s a detailed breakdown of the local job market:

Job types:
  • White-collar workers: 60.2% (286 residents)
  • Blue-collar workers: 39.8% (189 residents)

Places of employment:
  • Self-employed: 7.4% (35 residents)
  • Private companies: 72.8% (346 residents)
  • Governmental workers: 15.8% (75 residents)
  • Not-for-profit companies: 4% (19 residents)

Data source & methodology

The demographic data on this page was sourced from the latest U.S. Census Bureau release—the 2019–2023 American Community Survey (ACS) 5-year estimates.

The information, issued annually, is compiled and published by the Point2Homes Research Team as soon as new data becomes available.

No representation, guarantee, or warranty is made concerning the accuracy or completeness of modified or aggregated information for particular areas.

Page last updated: September 2025