Median Income
$71,667
household / year
Median Home Value
$162,600
owner-occupied
Median Rent
$970
gross / month
Cost of Living
95
national avg = 100

Is Sheridan, IL a Good Place to Live?

Sheridan is a small town of 2,694 in Illinois, with a median household income of $71,667 and a 6.4% unemployment rate. Its cost of living index is 95 (US average = 100), which is 5% below the national average.

Strengths: Sheridan stands out for an affordable cost of living, below-average home prices, solid school ratings (B-).

Trade-offs: Potential downsides include longer commutes, an elevated unemployment rate. Whether Sheridan is right for you depends on your priorities — the full breakdown is below.

All Sheridan city data on this page comes from official government sources — the US Census Bureau, FBI, NCES, BEA, and NOAA — updated annually.

Cost of Living

Index: 95.4

Sheridan's overall cost of living index is 95.4, where 100 represents the US national average. Living in Sheridan costs roughly 5% less than the average American city.

Metric Sheridan, IL National Avg
Median Home Value $162,600 $244,900
Median Monthly Rent $970 $1,163
Homeownership Rate 79.8% 65.9%
Median Household Income $71,667 $74,755

Crime & Safety

Very Safe

Sheridan's violent crime rate is 96.6 per 100,000 residents — 75% lower than the national average of ~380 per 100,000.

Violent Crime
96.6 /100k
Property Crime
653.4 /100k

Vertical marker = national average. Source: FBI UCR Program.

Schools & Education

Sheridan is served primarily by Serena CUSD 2. The student-to-teacher ratio is 12.0:1 (better than the national average of ~16:1).

Metric Sheridan, IL National Avg
School District Serena CUSD 2
Elementary Schools 2
Middle Schools 1
High Schools 1
Student/Teacher Ratio 12.0:1 16:1
Bachelor's Degree or Higher 3.7% 35.4%
High School Diploma or Higher 73.2% 91.1%

Weather & Climate

Sheridan sees average highs of 31.4°F in January and 84.0°F in July, with 42.4 inches of annual precipitation and 25.0 inches of snow per year.

MetricSheridan, IL
Average High — January31.4°F
Average High — July84.0°F
Annual Precipitation42.4"
Annual Snowfall25.0"

Demographics

MetricSheridan, ILNational Avg
Population2,694
Median Age33.538.9
Unemployment Rate6.4%3.7%
Avg Commute Time42.8 min26 min
White (non-Hispanic)59.2%59.3%
Black or African American34.2%13.6%
Hispanic or Latino4.5%18.9%
Asian0.0%6.3%
Under 1810.7%22.2%
65 and over3.7%16.8%

Nearby Cities

ZIP Codes in Sheridan

Sheridan, IL is covered by 1 ZIP code:

Sheridan vs Other Cities

Frequently Asked Questions

Sheridan's cost of living index is 95, where 100 is the national average. That makes Sheridan roughly 5% less expensive than a typical US city — a meaningful affordability advantage. The median home price is $162,600 and median rent is $970/month.
Sheridan's violent crime rate is 96.6 per 100,000 residents — the national average is ~380 per 100,000. Property crime is 653.4 per 100,000 (national avg ~2,100). Data from the FBI Uniform Crime Reporting Program.
Public schools in Sheridan are operated by Serena CUSD 2. The district has 2 elementary, 1 middle, and 1 high schools. The student-to-teacher ratio is 12.0:1. 3.7% of adults 25+ hold a bachelor's degree or higher.
Sheridan, IL has a population of 2,694, a median household income of $71,667, and an unemployment rate of 6.4%. Whether it's right for you depends on your priorities — use the compare tool above to stack it against another city you're considering.
Sheridan averages 31.4°F in January and 84.0°F in July. Annual rainfall is 42.4 inches with about 25.0 inches of snow per year. Based on NOAA 30-year climate normals (1991–2020).
Sheridan, IL is covered by 1 ZIP code: 60551.
The population of Sheridan, Illinois is 2,694 with a median age of 33.5. Source: US Census ACS 5-Year Estimates.
Key numbers for living in Sheridan: cost of living index 95 (100 = US average), median home $162,600, median household income $71,667, crime index 28 (100 = US average, lower is safer), schools rated B-. Whether these are benefits or drawbacks depends on where you're coming from — compare Sheridan side by side with your current city to see the trade-offs.