Sheridan 72 Excellent
Sheridan Livability #280 ranked city in Illinois#5,488 ranked city in the USARanks better than 81% of areas

Pros and Cons of Living in Sheridan

PROS
  • Cost Of Living

    Everyday cost of living expenses like goods and services, housing, groceries, transportation, health care and utilities are far below the national average.

  • Crime

    This area boasts a crime rate that is far below the national average, making it a very safe place to live. These crime statistics encompass both property and violent offenses.

  • Employment

    With higher than average median household income, income per capita and lower unemployment rates, this area scores extremely well in the employment category.

  • Housing

    Impressive scores in the housing category characterize this area, potentially attributed to the availability of affordable housing, strong appreciation rates and high home values.

  • Health & Safety

    Accessible health facilities like hospitals, doctors offices, clinics and nursing homes as well as good air quality are all factors that have led to a high score in this category.

CONS
  • Amenities

    The majority of amenities will be difficult to reach within a short walk, often requiring residents to use a vehicle or public transportation for access.

  • Commute

    Low commute scores could be due to limited access to public transit in this area, as well as longer-than-average work commute times for residents.

  • Schools

    The low schools score might be a result of factors like lower than average education levels, lackluster reading and math scores and the inaccessibility of local elementary and high schools.

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What's it like Living in Sheridan?

Sheridan, Illinois is a small-sized city with a population of 2,829 inhabitants. Sheridan is known to be an ethnically diverse city. The two most common races are White (59%) and Black or African American (38%). Sheridan is very likely to be a great place to live for singles as only 20%, of the population (over fifteen) are classified as married. Something to be aware of when living in Sheridan are the above average commute times. If you're looking for a short commute to work, this might not be the right area for you. With one way commute time of 35 minutes, this comes in much higher than the national average of 26 minutes.

Without the right tools, moving to any new city can be very stressful and challenging. Living in Sheridan, Illinois could be a positive experience for anyone who puts in the effort to do the research required. When searching for a new neighborhood, several key items should be considered. Safety is paramount, ensuring a secure environment for you and your family. Proximity to workplaces or schools reduces commuting time and enhances convenience. Access to amenities like parks, grocery stores and healthcare facilities contributes to a comfortable lifestyle. Reliable public transportation options promote easy mobility. A strong sense of community fosters social connections and a welcoming atmosphere. 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 crime, commute, education, housing and other important metrics.

Sheridan, IL receives 69 out of 100 for its livability score; this results in a ranking of #323 in Illinois and #6,851 in the USA. There are nine total categories that generate the livability score. Sheridan scores well for crime (A-), cost of living (A), employment (A-) and housing (A) On a less positive note, Sheridan does not have favorable scores for the following: amenities (F) and education (F). If we take a look at the data, we can find out why.

The Sheridan unemployment rate of 1.32% has continued to decrease over the years and is now well below the national average. The result could lead to reduced poverty and inequality in the area, higher wages and increased economic growth. This is a positive sign in the overall health of the local economy.

A robust real estate market serves as a crucial economic indicator, reflecting the local area's strength, stability and the confidence of its residents. Sheridan excels in the housing sector, scoring high marks based on factors such as median home and rental prices, appreciation rates and home affordability. These calculations suggest that the apartment rental and real estate market in the region is exceptionally healthy, highlighting the area's economic vitality and attractiveness to potential homebuyers and renters.

Certain items on your wish list like shopping, restaurants, nightlife, parks and proximity to public transportation are all important things to look for. Having said that, perhaps the most important metric to consider when contemplating a move to Sheridan is real estate affordability. The median home price for Sheridan homes is $156,400, which is 10.5% lower than the Illinois average. If we take a closer look at the affordability of homes in Sheridan, we’ll see that the home price to income ratio is 2.2, which is 26.7% lower than the Illinois average.

Best Places to Live in and Around Sheridan

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How Do You Rate The Livability In Sheridan?

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Compare Sheridan, IL Livability

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      Sheridan transportation information

      Statistic Sheridan Illinois National
      Average one way commute35min29min26min
      Workers who drive to work90.7%73.4%76.4%
      Workers who carpool2.7%8.3%9.3%
      Workers who take public transit0.0%9.2%5.1%
      Workers who bicycle0.0%0.6%0.6%
      Workers who walk0.5%3.1%2.8%
      Working from home5.5%4.4%4.6%
      Source: The Sheridan, IL data and statistics displayed above are derived from the United States Census Bureau American Community Survey (ACS).