Sheridan, IN
Population 3,355 · Indiana
About Sheridan, IN
Sheridan is a small community in Indiana with a population of 3,355 residents. The median household income is $65,104 per year, which is near the national average. The median age in Sheridan is 40.8 years.
Housing in Sheridan has a median home value of $177,200 and median monthly rent of $788. Of the 1,498 total housing units, the majority are owner-occupied, with 890 owner-occupied and 480 renter-occupied units.
The unemployment rate in Sheridan is 7.1% and the poverty rate is 3.6%. 22.3% of residents hold a bachelor's degree or higher. The average commute time is 26 minutes.
Cost of Living in Sheridan, IN
Compared to national averages, Sheridan has a median household income of $65,104 (13% below the national median of $75,149). Home values average $177,200, which is 28% below the national median. Monthly rent at $788 is 32% below the US average of $1,163. Within Indiana, Sheridan's income is 6% below the state average of $69,330, and home values are 8% above the state median of $163,409.
Why Live in Sheridan, IN?
Sheridan offers affordable housing with a median home value of $177,200, below the US average of $244,900, and rent that’s lower than the national average at $788/month, and a low poverty rate of 3.6%, better than the national average.
Potential considerations include median household income ($65,104) 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 3,355 with a median age of 40.8 years. Compare Sheridan with other cities to see how it stacks up, or explore all cities in Indiana.
Similar Cities Near Sheridan
Cities in Indiana with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Ossian | 3,342 | $67,641 | $184,000 | Compare |
| Newburgh | 3,370 | $72,431 | $216,300 | Compare |
| Fort Branch | 3,412 | $62,500 | $181,900 | Compare |
| Melody Hill | 3,435 | $90,561 | $192,000 | Compare |
| Paoli | 3,274 | $45,926 | $134,300 | Compare |
| Union City | 3,477 | $37,202 | $80,100 | Compare |
| Syracuse | 3,232 | $63,894 | $173,800 | Compare |
| Roselawn | 3,231 | $80,061 | $185,200 | Compare |
Demographics
Racial & Ethnic Composition
Economy & Education
Housing
Other Cities in Indiana
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, IN?
The population of Sheridan, IN is 3,355 according to the latest Census data.
What is the median household income in Sheridan?
The median household income in Sheridan, IN is $65,104 per year.
What is the median home value in Sheridan?
The median home value in Sheridan, IN is $177,200.
What is the average rent in Sheridan?
The median monthly rent in Sheridan, IN is $788.
What is the unemployment rate in Sheridan?
The unemployment rate in Sheridan, IN is 7.1%.