Sheridan is a small-sized city located in the state of Arkansas. The city has a population of 5,023 residents. According to the most recent Census, 95% of Sheridan residents are White, 2% Black and 0% Asian.
Whether you’re relocating to a new town to be closer to family, friends or for a new job, living in Sheridan could be a positive experience compared to other cities in Arkansas if you know where to look. Don't forget to determine what matters most to you in a neighborhood. Consider factors such as safety, proximity to work or school, access to amenities (like parks, fitness facilities, grocery stores, restaurants), public transportation options, community atmosphere and the overall vibe you're looking for. Finding the best places to live in Sheridan and nearby areas is a much easier task when you can rely on information and data from the livability score, which includes amenities, health & safety, education and other important metrics.
Using data and statistics Sheridan has received a livability score of 67/100. This score is ranked in the 67th percentile when compared to all other cities. Based on the rankings for each individual category, Sheridan has been rewarded with high marks for cost of living (A-) and housing (A+). There are some categories that Sheridan does not rank well for, including: amenities (F). It might be worth taking a closer look to figure out why.
When contemplating a move, job prospects often top the list of priorities. In Sheridan, the outlook for new employment is notably brighter than in many other areas. The low unemployment rate of 0.8% points to a surge in job opportunities, the potential for higher wages, enhanced workforce productivity and increased economic growth. These favorable conditions bode well for individuals seeking career advancement and financial stability, making this area an appealing destination for those prioritizing professional opportunities and economic prosperity.
Finding affordable real estate and housing in Sheridan can be tricky. Having said that, this area might be the place to get the best of both worlds. Based on factors like home/rental affordability and appreciation rates, this area has received an above average score in the housing category. A healthy real estate market can lead to wealth appreciation for property owners, as rising property values can contribute to homeowners' equity, financial stability and the ability to build long-term wealth.
Assuming that Sheridan meets all of your requirements like low crime rates, good schools and great local amenities, the next most important item to examine is the affordability of real estate in Sheridan. Everything else becomes a lot less important if it turns out that home prices in Sheridan are simply unattainable. Median real estate prices in Sheridan come in at $285,567, which is 36.7% higher than the Arkansas average. The home price to income ratio compares the median home prices to the median household income. In Sheridan, the home price to income ratio is 4.1, which is 24.2% higher than the Arkansas average.
| Statistic | Sheridan | Arkansas | National |
| Average one way commute | 22min | 22min | 26min |
| Workers who drive to work | 67.7% | 82.7% | 76.4% |
| Workers who carpool | 25.8% | 10.8% | 9.3% |
| Workers who take public transit | 0.0% | 0.4% | 5.1% |
| Workers who bicycle | 0.0% | 0.2% | 0.6% |
| Workers who walk | 0.0% | 1.7% | 2.8% |
| Working from home | 6.2% | 3.2% | 4.6% |
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