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: 95.4Sheridan'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 SafeSheridan's violent crime rate is 96.6 per 100,000 residents — 75% lower than the national average of ~380 per 100,000.
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.
| Metric | Sheridan, IL |
|---|---|
| Average High — January | 31.4°F |
| Average High — July | 84.0°F |
| Annual Precipitation | 42.4" |
| Annual Snowfall | 25.0" |
Demographics
| Metric | Sheridan, IL | National Avg |
|---|---|---|
| Population | 2,694 | — |
| Median Age | 33.5 | 38.9 |
| Unemployment Rate | 6.4% | 3.7% |
| Avg Commute Time | 42.8 min | 26 min |
| White (non-Hispanic) | 59.2% | 59.3% |
| Black or African American | 34.2% | 13.6% |
| Hispanic or Latino | 4.5% | 18.9% |
| Asian | 0.0% | 6.3% |
| Under 18 | 10.7% | 22.2% |
| 65 and over | 3.7% | 16.8% |
Nearby Cities
ZIP Codes in Sheridan
Sheridan, IL is covered by 1 ZIP code: