Sheridan 73 Excellent
Sheridan Livability #294 ranked city in Illinois#5,636 ranked city in the USARanks better than 80% of areas
Is This the Right Place for You? Local Insights Report
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Local Insights Report

Pros and Cons of Living in Sheridan

PROS
  • Cost Of Living 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 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 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 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 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 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 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 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.

What's it like Living in Sheridan?

Sheridan, Illinois is a small city with a population of 2,894 inhabitants. Sheridan is mostly populated by White (59%) and Black or African American (38%) ethnic groups. All the single ladies and all the single fellas might want to take notice as only 20% of the Sheridan population is 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.

Are you trying to ascertain if living in Sheridan is the right fit for your lifestyle? To ensure a great experience before relocating to any new city in Illinois, you will probably want to make sure that you check all of the most important boxes. Several key factors deserve attention. For one, safety is paramount, ensuring that your new area is low in crime is key. Proximity to workplaces or schools minimizes commute times and fosters convenience. Access to essential amenities like parks, grocery stores, food, fitness, shops and healthcare facilities enhances daily life. Efficient public transportation options provide mobility and connectivity. The sense of community creates a welcoming and supportive environment. Lastly, the overall atmosphere, encompassing the vibe, aesthetics, and lifestyle offerings, contributes to a fulfilling living experience. Considering these elements helps identify the ideal neighborhood for your needs and preferences. 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, crime, health & safety, employment, housing and other important metrics.

Sheridan, IL receives 72 out of 100 for its livability score; this results in a ranking of #280 in Illinois and #5,488 in the USA. If we consider each of the categories on their own, we see that Sheridan ranks well for crime (A), cost of living (A+), employment (A) and housing (A+). There are some categories that Sheridan ranks poorly for, including: amenities (F) and education (F). It might be worth taking a closer look to determine why.

The Sheridan unemployment rate of 1.4% 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.

For home buyers, real estate will be the largest purchase they will ever make and it will also be their most valuable asset. For renters, the monthly rent paid on their Sheridan apartments will most likely be their largest expense. Based on tangible metrics like home and rental affordability and appreciation rates, housing in this area has received a score that is well above the average of every other US city. A thriving real estate market can also generate strong local economic activity and job creation.

There are many factors that go into deciding if an area is the right fit for your lifestyle. Certain “must haves” like low crime, great schools and nearby amenities are all at the top of most people's lists. But before even considering if those options are attainable, we'll need to know if the real estate in Sheridan is actually affordable. The median home price for Sheridan homes is $279,242, which is 9.5% 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 2.6, which is 25.7% lower than the Illinois average.

Best Places to Live in and Around 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) and include 2026 modeled data developed using proprietary methodologies.