Sheridan, IL
Population 2,610 · Illinois
About Sheridan, IL
Sheridan is a small community in Illinois with a population of 2,610 residents. The median household income is $73,214 per year, which is above the national average. The median age in Sheridan is 35 years.
Housing in Sheridan has a median home value of $183,200 and median monthly rent of $964. Of the 432 total housing units, the majority are owner-occupied, with 336 owner-occupied and 90 renter-occupied units.
The unemployment rate in Sheridan is 7.5% and the poverty rate is 16.8%. 3.1% of residents hold a bachelor's degree or higher. The average commute time is 44.2 minutes.
Cost of Living in Sheridan, IL
Compared to national averages, Sheridan has a median household income of $73,214 (3% below the national median of $75,149). Home values average $183,200, which is 25% below the national median. Monthly rent at $964 is 17% below the US average of $1,163. Within Illinois, Sheridan's income is 2% below the state average of $75,072, and home values are 11% above the state median of $165,779.
Why Live in Sheridan, IL?
Sheridan offers affordable housing with a median home value of $183,200, below the US average of $244,900, and rent that’s lower than the national average at $964/month.
Potential considerations include median household income ($73,214) 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 2,610 with a median age of 35 years. Compare Sheridan with other cities to see how it stacks up, or explore all cities in Illinois.
Similar Cities Near Sheridan
Cities in Illinois with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Marquette Heights | 2,613 | $77,386 | $121,600 | Compare |
| Rockdale | 2,598 | $56,799 | $183,500 | Compare |
| Petersburg | 2,590 | $59,850 | $174,800 | Compare |
| Round Lake Heights | 2,585 | $75,556 | $196,100 | Compare |
| Davis Junction | 2,656 | $103,615 | $198,200 | Compare |
| Rushville | 2,668 | $57,589 | $91,000 | Compare |
| Trenton | 2,673 | $80,227 | $179,200 | Compare |
| Galva | 2,543 | $55,446 | $77,800 | Compare |
Demographics
Racial & Ethnic Composition
Economy & Education
Housing
Other Cities in Illinois
Data source: US Census Bureau ACS 5-Year Estimates. Last updated: 2026-04-05.
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Frequently Asked Questions about Sheridan
What is the population of Sheridan, IL?
The population of Sheridan, IL is 2,610 according to the latest Census data.
What is the median household income in Sheridan?
The median household income in Sheridan, IL is $73,214 per year.
What is the median home value in Sheridan?
The median home value in Sheridan, IL is $183,200.
What is the average rent in Sheridan?
The median monthly rent in Sheridan, IL is $964.
What is the unemployment rate in Sheridan?
The unemployment rate in Sheridan, IL is 7.5%.