Median Income
$81,696
household / year
Median Home Value
$134,600
owner-occupied
Median Rent
$775
gross / month
Cost of Living
89
national avg = 100

Is Sherrard, IL a Good Place to Live?

Sherrard is a small town of 766 in Illinois, with a median household income of $81,696 and a 5.7% unemployment rate. Its cost of living index is 89 (US average = 100), which is 11% below the national average.

Strengths: Sherrard stands out for an affordable cost of living, below-average home prices, short average commutes.

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

All Sherrard 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: 89.3

Sherrard's overall cost of living index is 89.3, where 100 represents the US national average. Living in Sherrard costs roughly 11% less than the average American city.

Metric Sherrard, IL National Avg
Median Home Value $134,600 $244,900
Median Monthly Rent $775 $1,163
Homeownership Rate 86.7% 65.9%
Median Household Income $81,696 $74,755

Crime & Safety

Crime data for Sherrard is not currently available from the FBI's Uniform Crime Reporting program. Not all local agencies report to the UCR each year.

Schools & Education

Sherrard is served primarily by Sherrard CUSD 200. The student-to-teacher ratio is 13.9:1 (better than the national average of ~16:1).

Metric Sherrard, IL National Avg
School District Sherrard CUSD 200 —
Elementary Schools 2 —
Middle Schools 2 —
High Schools 1 —
Student/Teacher Ratio 13.9:1 16:1
Bachelor's Degree or Higher 14.0% 35.4%
High School Diploma or Higher 96.9% 91.1%

Weather & Climate

Sherrard sees average highs of 31.8°F in January and 86.1°F in July, with 38.9 inches of annual precipitation and 36.1 inches of snow per year.

MetricSherrard, IL
Average High — January31.8°F
Average High — July86.1°F
Annual Precipitation38.9"
Annual Snowfall36.1"

Demographics

MetricSherrard, ILNational Avg
Population766—
Median Age40.338.9
Unemployment Rate5.7%3.7%
Avg Commute Time25.1 min26 min
White (non-Hispanic)92.4%59.3%
Black or African American0.0%13.6%
Hispanic or Latino6.5%18.9%
Asian0.0%6.3%
Under 1820.0%22.2%
65 and over12.7%16.8%

Nearby Cities

Sherrard vs Other Cities

Frequently Asked Questions

Sherrard's cost of living index is 89, where 100 is the national average. That makes Sherrard roughly 11% less expensive than a typical US city — a meaningful affordability advantage. The median home price is $134,600 and median rent is $775/month.
Crime data for Sherrard is not available in the current FBI UCR reporting year. Not all jurisdictions submit data annually.
Public schools in Sherrard are operated by Sherrard CUSD 200. The district has 2 elementary, 2 middle, and 1 high schools. The student-to-teacher ratio is 13.9:1. 14.0% of adults 25+ hold a bachelor's degree or higher.
Sherrard, IL has a population of 766, a median household income of $81,696, and an unemployment rate of 5.7%. It offers below-average costs of living, which stretches take-home pay further than in most American cities. Whether it's right for you depends on your priorities — use the compare tool above to stack it against another city you're considering.
Sherrard averages 31.8°F in January and 86.1°F in July. Annual rainfall is 38.9 inches with about 36.1 inches of snow per year. Based on NOAA 30-year climate normals (1991–2020).
The population of Sherrard, Illinois is 766 with a median age of 40.3. Source: US Census ACS 5-Year Estimates.
Key numbers for living in Sherrard: cost of living index 89 (100 = US average), median home $134,600, median household income $81,696, schools rated C+. Whether these are benefits or drawbacks depends on where you're coming from — compare Sherrard side by side with your current city to see the trade-offs.