Sheridan, WY
Population 19,035 · Wyoming
About Sheridan, WY
Sheridan is a mid-sized city located in Wyoming with a population of 19,035 residents according to the latest US Census Bureau American Community Survey data. The median household income is $61,598 per year, which is 18% below the national median of $75,149. The median age of 39.7 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 $295,300, which is 21% 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 $933, 20% below the national average of $1,163/month. Of the 8,945 total housing units, 62% are owner-occupied (5,238 units) and 38% are renter-occupied (3,214 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 3.2%, which is lower than the national rate of 3.7%, indicating a relatively strong job market. The poverty rate stands at 11.8%, below the national average of 12.4%, reflecting generally favorable economic conditions. Workers in Sheridan have an average one-way commute time of 12.3 minutes, one of the shorter commutes in the region.
Education & Demographics
34.8% 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 4.6% White, 2.1% Hispanic or Latino, 0.4% Black or African American, and 1.2% Asian residents, with 2.3% of the population being foreign-born.
How Sheridan Ranks in Wyoming
Cost of Living in Sheridan, WY
Compared to national averages, Sheridan has a median household income of $61,598 (18% below the national median of $75,149). Home values average $295,300, which is 21% above the national median. Monthly rent at $933 is 20% below the US average of $1,163. Within Wyoming, Sheridan's income is 23% below the state average of $80,049, and home values are 2% below the state median of $302,372.
Why Live in Sheridan, WY?
Sheridan offers rent that’s lower than the national average at $933/month, and a strong job market with an unemployment rate of just 3.2%, and a well-educated community where 34.8% of residents hold a bachelor’s degree or higher. Additionally, the city features a low poverty rate of 11.8%, better than the national average, and short commute times averaging just 12.3 minutes.
Potential considerations include median household income ($61,598) 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 19,035 with a median age of 39.7 years. Compare Sheridan with other cities to see how it stacks up, or explore all cities in Wyoming.
Similar Cities Near Sheridan
Cities in Wyoming with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Rock Springs | 23,229 | $73,307 | $245,600 | Compare |
| Evanston | 11,803 | $76,569 | $236,400 | Compare |
| Green River | 11,679 | $85,399 | $255,600 | Compare |
| Riverton | 10,803 | $56,280 | $204,900 | Compare |
| Jackson | 10,746 | $112,609 | $1,228,700 | Compare |
| Cody | 10,121 | $68,676 | $357,300 | Compare |
| Rawlins | 8,217 | $69,912 | $205,900 | Compare |
| Lander | 7,565 | $71,601 | $321,800 | Compare |
Demographics
Racial & Ethnic Composition
Economy & Education
Housing
Other Cities in Wyoming
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, WY?
The population of Sheridan, WY is 19,035 according to the latest US Census Bureau American Community Survey estimates. This makes it a mid-sized city in Wyoming.
What is the median household income in Sheridan?
The median household income in Sheridan, WY is $61,598 per year, which is 18% below the national median of $75,149.
What is the median home value in Sheridan?
The median home value in Sheridan, WY is $295,300, which is 21% 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, WY is $933, which is 20% below the national average of $1,163/month.
What is the unemployment rate in Sheridan?
The unemployment rate in Sheridan, WY is 3.2%, compared to the national average of 3.7%. This lower-than-average rate suggests a relatively healthy local job market.
Is Sheridan, WY a good place to live?
Sheridan offers a moderate cost of living, a competitive housing market, and a strong job market. With a population of 19,035 and a median age of 39.7, the city appeals to a broad range of residents.
How educated is Sheridan, WY?
34.8% of residents in Sheridan aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. This above-average educational attainment often reflects a knowledge-based local economy.
What is the cost of living in Sheridan?
Key cost-of-living indicators for Sheridan, WY: median home value is $295,300 (21% above national), median rent is $933/month, and median household income is $61,598. The home-value-to-income ratio is 4.8x, a moderate figure by national standards.
What is the poverty rate in Sheridan?
The poverty rate in Sheridan, WY is 11.8%, compared to the national average of 12.4%. This below-average poverty rate reflects generally favorable economic conditions in the community.
How diverse is Sheridan, WY?
Sheridan's population is 4.6% White, 2.1% Hispanic or Latino, 0.4% Black or African American, 1.2% Asian, and 0.7% two or more races. 2.3% of residents are foreign-born.