Michigan · Census place 73100
Sheridan village, MI
Quick answer
Sheridan village has 816 residents, ranking #474 of 745 places in Michigan. Median household income is $56,786, the median home is worth $140,600 and median gross rent runs $777 a month.
- Population
- 816Sheridan village residents
- Median household income
- $56,786Past 12 months, inflation adjusted
- Median home value
- $140,600Owner-occupied units
- Median gross rent
- $777Rent plus utilities, monthly
- Median age
- 36.7 yrsAll residents
- Homeownership rate
- 85.9%Owner-occupied households
What the numbers mean in Sheridan village
Housing cost measured against local earnings.
A household earning the Sheridan village median would spend about 16.4% of gross income on the median rent. The 30% mark is the federal threshold for cost burden, so anything above it signals a stretched rental market. The median home costs 2.5× the median household income; nationally that ratio sits near 4.5×. Poverty affects 6.6% of residents and 85.9% of households own their home.
Source: US Census Bureau, ACS 2019-2023 5-year estimates · rates as published for 2019-2023 ACS 5-year
Compare with nearby places
Places of similar size in Michigan.
- Merrill village 825
- Grawn CDP 824
- Springport village 822
- Hopkins village 794
- Climax village 790
- Port Sanilac village 787
- Elkton village 775
Keep going
More Michigan coverage.