Sheridan, IL population, income and ZIP codes

Sheridan village is a small town in Illinois, with 2,610 residents counted in the Census American Community Survey 2019-2023 ACS 5-year estimates, which places it #453 of 1,462 ranked by population — larger than 69% of them. The median age here is 35 years against 39.1 nationally, a slightly younger profile than the country as a whole. At this population the ACS sample is small, so the margin of error around every dollar figure below is wide — treat the numbers as a band, not a point, and expect them to move between annual releases without the place itself changing.

Households in Sheridan village earn a median of $73,214 a year, 6.8% below the national figure of $78,538 and within a couple of points of the $74,244 median for the 698 Illinois cities we cover. This figure covers the household, not the worker: two people on ordinary wages at one address outrank a single professional in the same table. Poverty reaches 16.8% of residents here, above the 12.4% national rate.

The typical owner-occupied home in Sheridan village is valued at $183,200, 39.6% below the national figure and within a couple of points of the $179,100 peer median, while median gross rent runs $964 a month, 31.4% below the national figure, or roughly $11,568 across a full year. A household on the local median income would put about 15.8% of gross pay toward that rent against the federal 30% cost-burden threshold, so renting here is cheap relative to what people here earn. The home-price-to-income ratio works out to 2.5×, against roughly 3.9× nationally, so buying is easier here than in the average US market. 78.9% of occupied homes are owner-occupied versus 65% nationally, so the market leans toward owners. Gross rent folds in the utilities a tenant pays separately, so it is closer to the real monthly outlay than a headline rent figure.

Every value on this page is published directly by the Census for this area — nothing is modelled or interpolated. Small-area estimates still carry wider margins of error than state or national figures, so check the linked ACS tables before relying on them for lending, appraisal or legal work.