Sheridan, MI

Full City Profile · Michigan · Montcalm County County

3.7 /5.0
B+ Good
816 Population 742/sq mi density
$56,786 Median Income $28,515 per capita
$140,600 Home Value $302,348 Zillow
$777 Median Rent 42.5% income on rent
47°F Avg Temperature
B+
Overall
3.7 / 5.0
Good overall score based on economy, affordability, safety and education
A
Economy
4.0 / 5.0
$56,786 median income, 2.7% unemployment
A+
Affordability
5.0 / 5.0
$140,600 home value, $777/mo rent
C
Education
2.2 / 5.0
14.7% bachelor's degree or higher

Sheridan, MI

At a Glance

Median Income
$56,786
24% below
$28,515 per capita
Home Value
$140,600
50% below
Zillow: $302,348
Median Rent
$777/mo
33% below
42.5% of income on rent
Bachelor's Degree+
14.7%
56% below
92.4% high school+
Unemployment
2.7%
25% below
4.5% poverty rate
Obesity Rate
42.3%
32% above
18.9% smoking rate
Avg Temperature
47°F

How Sheridan Compares to the U.S. Average

Each bar shows Sheridan's value as a percentage of the national average (100% = U.S. avg)

Income
76%
Home Value
50%
Rent
67%
Poverty
36%
Bachelor's
44%
Unemployment
75%
Thin vertical line = U.S. national average (100%)

Is Sheridan a Good Place to Live?

B+
3.7 / 5.0 - Good
Based on economy, affordability, safety, and education metrics compared to national averages.

Economy & Jobs

Sheridan residents earn a median household income of $56,786 , which is 24% below the national average of $75,149. Per capita income is $28,515. The unemployment rate stands at 2.7% (25% below the U.S. rate of 3.6%). 4.5% of residents live below the poverty line. The area is home to 1,086 business establishments, including 93 restaurants.

Housing & Cost of Living

The median home value in Sheridan is $140,600 , 50% below the national median of $281,900. Zillow estimates the typical home at $302,348. Median rent is $777/month, with 42.5% of renters spending more than 30% of income on housing. The cost of living index is 96.2 (100 = national average). The median home was built in 1959.

Education

14.7% of adults in Sheridan hold a bachelor's degree or higher (56% below the national average). 92.4% have completed high school. Local schools score 4.7/10 in standardized testing.

Climate & Weather

Sheridan has an average annual temperature of 47°F (8°C). Winters average 22°F in January while summers reach 70°F in July. Annual precipitation totals 36.6 inches.

Data Overview

People

Population816
Median Age36.7 yrs
Density742/mi²
Male / Female52% / 48%
Foreign Born0.0%
Veterans8.9%

Economy

A
Median Income$56,786
Per Capita$28,515
Unemployment2.7%
Poverty4.5%
County GDP$2,158M
Avg Weekly Wage$909

Housing

A+
Home Value$140,600
Rent$777
Ownership85.9%
Zillow$302,348
Housing Units375
Rent Burden42.5%

Health

Obesity42.3%
Diabetes10.3%
Smoking18.9%
Heart Disease6.1%
Premature Death8,730/100K

Climate

Avg Temp47°F
Rain36.6 in/yr
Elevation840 ft

Education

C
Bachelor's+14.7%
High School+92.4%
Graduate+3.7%
School Score4.7/10

Community

2024 VoteR 69% / D 30%
Commute28 min
Broadband74.4%
Internet Speed149 Mbps
EV Stations2
Libraries8

Did You Know?

The median home in Sheridan was built in 1959.
The nearest airport is Gerald R Ford International (32 miles).
The Gini coefficient (income inequality) is 0.396 (U.S. avg: 0.490).
Natural hazard risk is rated "Relatively Low" by FEMA.
16.1% of the population has a disability.
Average internet download speed is 149 Mbps.
The county recorded 15 fatal vehicle crashes.