Sheridan, CO
Population 6,031 · Colorado
About Sheridan, CO
Sheridan is a small town located in Colorado with a population of 6,031 residents according to the latest US Census Bureau American Community Survey data. The median household income is $58,571 per year, which is 22% below the national median of $75,149. The median age of 35.1 years is notably younger the US median age of 38.9 years, indicating a younger, often more dynamic population base.
Housing Market Overview
The housing market in Sheridan features a median home value of $360,900, which is 47% above 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 $1,595, 37% above the national average of $1,163/month. Of the 2,542 total housing units, 56% are owner-occupied (1,353 units) and 44% are renter-occupied (1,057 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 13.8%, which is significantly above the national rate of 3.7%, suggesting economic challenges in the area. The poverty rate stands at 13.5%, above the national average of 12.4%. Workers in Sheridan have an average one-way commute time of 25.3 minutes.
Education & Demographics
19.4% of Sheridan residents aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. The lower educational attainment rate may reflect the area's industry mix, with more employment in trades, manufacturing, or agricultural sectors. The community's demographic composition includes 34.1% White, 8.6% Hispanic or Latino, 0.9% Black or African American, and 8.2% Asian residents, with 11.7% of the population being foreign-born.
Cost of Living in Sheridan, CO
Compared to national averages, Sheridan has a median household income of $58,571 (22% below the national median of $75,149). Home values average $360,900, which is 47% above the national median. Monthly rent at $1,595 is 37% above the US average of $1,163. Within Colorado, Sheridan's income is 34% below the state average of $88,514, and home values are 21% below the state median of $457,127.
Why Live in Sheridan, CO?
Potential considerations include median household income ($58,571) 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 6,031 with a median age of 35.1 years. Compare Sheridan with other cities to see how it stacks up, or explore all cities in Colorado.
Similar Cities Near Sheridan
Cities in Colorado with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Avon | 6,057 | $85,364 | $689,000 | Compare |
| Estes Park | 5,879 | $73,313 | $634,200 | Compare |
| Gleneagle | 6,207 | $137,105 | $570,700 | Compare |
| Eaton | 5,832 | $106,146 | $448,800 | Compare |
| Salida | 5,786 | $69,773 | $583,400 | Compare |
| Cherry Hills Village | 6,366 | $250,001 | $2,000,001 | Compare |
| Stratmoor | 6,396 | $62,759 | $276,000 | Compare |
| Dacono | 6,419 | $99,389 | $448,200 | Compare |
Demographics
Racial & Ethnic Composition
Economy & Education
Housing
Other Cities in Colorado
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, CO?
The population of Sheridan, CO is 6,031 according to the latest US Census Bureau American Community Survey estimates. This makes it a small town in Colorado.
What is the median household income in Sheridan?
The median household income in Sheridan, CO is $58,571 per year, which is 22% below the national median of $75,149.
What is the median home value in Sheridan?
The median home value in Sheridan, CO is $360,900, which is 47% above 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, CO is $1,595, which is 37% above the national average of $1,163/month.
What is the unemployment rate in Sheridan?
The unemployment rate in Sheridan, CO is 13.8%, compared to the national average of 3.7%. Job seekers may want to research the dominant industries in the area.
Is Sheridan, CO a good place to live?
Sheridan offers a moderate cost of living, a competitive housing market, and growing employment opportunities. With a population of 6,031 and a median age of 35.1, the city appeals to a broad range of residents.
How educated is Sheridan, CO?
19.4% 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, CO: median home value is $360,900 (47% above national), median rent is $1,595/month, and median household income is $58,571. The home-value-to-income ratio is 6.2x, which suggests housing may be stretched relative to local earnings.
What is the poverty rate in Sheridan?
The poverty rate in Sheridan, CO is 13.5%, 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, CO?
Sheridan's population is 34.1% White, 8.6% Hispanic or Latino, 0.9% Black or African American, 8.2% Asian, and 3.6% two or more races. 11.7% of residents are foreign-born.