Sheridan, AR
Population 5,063 · Arkansas
About Sheridan, AR
Sheridan is a small town located in Arkansas with a population of 5,063 residents according to the latest US Census Bureau American Community Survey data. The median household income is $61,025 per year, which is 19% below the national median of $75,149. The median age of 38.5 years is close to the US median age of 38.9 years.
Housing Market Overview
The housing market in Sheridan features a median home value of $182,300, which is 26% below the national median of $244,900. This positions Sheridan in a moderately priced market relative to the rest of the country. Median monthly rent is $757, 35% below the national average of $1,163/month. Of the 2,333 total housing units, 64% are owner-occupied (1,300 units) and 36% are renter-occupied (734 units). The balanced mix of owners and renters indicates a diverse housing market.
Economy & Employment
The local economy in Sheridan shows an unemployment rate of 3.6%, which is lower than the national rate of 3.7%, indicating a relatively strong job market. The poverty rate stands at 16.3%, above the national average of 12.4%. Workers in Sheridan have an average one-way commute time of 29.6 minutes.
Education & Demographics
24.3% of Sheridan residents aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. This is in line with national trends in educational attainment. The community's demographic composition includes 1.8% White, 1.1% Hispanic or Latino, 0.1% Black or African American, and 0.2% Asian residents, with 0.2% of the population being foreign-born.
Cost of Living in Sheridan, AR
Compared to national averages, Sheridan has a median household income of $61,025 (19% below the national median of $75,149). Home values average $182,300, which is 26% below the national median. Monthly rent at $757 is 35% below the US average of $1,163. Within Arkansas, Sheridan's income is 17% above the state average of $52,241, and home values are 45% above the state median of $125,457.
Why Live in Sheridan, AR?
Sheridan offers affordable housing with a median home value of $182,300, below the US average of $244,900, and rent that’s lower than the national average at $757/month, and a strong job market with an unemployment rate of just 3.6%.
Potential considerations include median household income ($61,025) that falls below the national average. However, Sheridan’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Sheridan has a population of 5,063 with a median age of 38.5 years. Compare Sheridan with other cities to see how it stacks up, or explore all cities in Arkansas.
Similar Cities Near Sheridan
Cities in Arkansas with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Cherokee Village | 5,078 | $35,244 | $86,800 | Compare |
| Barling | 4,919 | $52,009 | $125,200 | Compare |
| Warren | 5,342 | $35,064 | $86,400 | Compare |
| Crossett | 4,719 | $42,792 | $101,200 | Compare |
| Walnut Ridge | 5,440 | $47,612 | $104,500 | Compare |
| White Hall | 5,520 | $84,304 | $207,100 | Compare |
| Shannon Hills | 4,557 | $69,413 | $175,200 | Compare |
| Mena | 5,605 | $50,875 | $114,200 | Compare |
Demographics
Racial & Ethnic Composition
Economy & Education
Housing
Other Cities in Arkansas
Data source: US Census Bureau ACS 5-Year Estimates. Last updated: 2026-04-05.
Compare Sheridan With Other Cities
Frequently Asked Questions about Sheridan
What is the population of Sheridan, AR?
The population of Sheridan, AR is 5,063 according to the latest US Census Bureau American Community Survey estimates. This makes it a small town in Arkansas.
What is the median household income in Sheridan?
The median household income in Sheridan, AR is $61,025 per year, which is 19% below the national median of $75,149.
What is the median home value in Sheridan?
The median home value in Sheridan, AR is $182,300, which is 26% below the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Sheridan?
The median monthly rent in Sheridan, AR is $757, which is 35% below the national average of $1,163/month.
What is the unemployment rate in Sheridan?
The unemployment rate in Sheridan, AR is 3.6%, compared to the national average of 3.7%. This lower-than-average rate suggests a relatively healthy local job market.
Is Sheridan, AR a good place to live?
Sheridan offers a moderate cost of living, affordable housing, and a strong job market. With a population of 5,063 and a median age of 38.5, the city appeals to a broad range of residents.
How educated is Sheridan, AR?
24.3% of residents in Sheridan aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. The educational profile reflects the area's industry mix and employment landscape.
What is the cost of living in Sheridan?
Key cost-of-living indicators for Sheridan, AR: median home value is $182,300 (26% below national), median rent is $757/month, and median household income is $61,025. The home-value-to-income ratio is 3.0x, indicating relatively affordable housing relative to local incomes.
What is the poverty rate in Sheridan?
The poverty rate in Sheridan, AR is 16.3%, compared to the national average of 12.4%. Residents and prospective movers should be aware of the economic challenges facing parts of this community.
How diverse is Sheridan, AR?
Sheridan's population is 1.8% White, 1.1% Hispanic or Latino, 0.1% Black or African American, 0.2% Asian, and 3.9% two or more races. 0.2% of residents are foreign-born.