Sheridan 65 Good
Sheridan Livability #172 ranked city in Colorado#12,301 ranked city in the USARanks better than 58% of areas

Pros and Cons of Living in Sheridan

PROS
  • Commute

    The high commute score in this area could imply easy access to public transportation, as well as shorter-than-average commute times to your workplace.

  • 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.

  • 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.

CONS
  • Crime

    Reporting high crime rates per 100,000 people, this area may be perceived as an unsafe place to reside. These statistics encompass both violent and property crime rates.

  • Ratings

    Through surveys and polls, AreaVibes obtained feedback from local residents in the area, and the results did not indicate a favorable outlook on factors like local amenities and the safety of the area.

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What's it like Living in Sheridan?

Located in the state of Colorado, Sheridan is a small city with a population of 6,072 people. At 70%, the majority of the Sheridan population is White; this is followed by 6% Black and 4% Asian. Additionally, more than a quarter of the population of Sheridan are of Hispanic or Latino origin, and 21% of the population also speak Spanish. All the single ladies and all the single fellas might want to take notice as only 40% of the Sheridan population is married. On a daily basis, the typical American spends approximately 26 minutes on their one-way work commute. Reduced travel times not only contributes to increased overall happiness, but also affords more opportunities to cherish moments with family and friends. If you're living in Sheridan, your commute time will align closely with the national average, spanning a one-way duration of approximately 25 minutes.

If you’re considering moving to any new city, it could be a very daunting task. However, it could also be a great experience if you are willing to get to know the area before actually living in Sheridan, Colorado. When searching for a new neighborhood, several key items should be considered. Safety is of utmost importance, ensuring a secure environment with low crime. Proximity to your workplace or school helps reduce commuting time and offers convenience. Access to amenities such as parks, grocery stores, and healthcare facilities enhances your daily life. Public transportation options contribute to easy mobility. A sense of community fosters a supportive and engaging environment. Lastly, the overall atmosphere should align with your desired lifestyle, ensuring a fulfilling living experience. Considering these items will guide you towards finding the perfect neighborhood that fits all your needs. The best areas in Sheridan and in surrounding cities are easier to find when you are able to make informed decisions. Using data from crime, cost of living, employment, housing, you will see a detailed breakdown of the most important information as well as comparisons to the Colorado and national averages.

With a livability score of 63/100, Sheridan is ranked #13,722 in the United States and #207 in Colorado. If we take a closer look at each of the categories individually, we see that Sheridan ranks well for cost of living (B) and housing (A-). The bad news for Sheridan, there are some categories for which it does not score well, this includes: crime (F) and education (D).

Real estate represents the most substantial investment for homebuyers, constituting their most valuable asset. Renters, on the other hand, typically see their monthly rent as their most significant expense. The Sheridan market earns a high score in the housing category, surpassing the national average in factors like home and rental affordability and appreciation rates. This robust real estate market not only benefits individual homeowners and renters but also spurs vigorous local economic activity and job growth, solidifying its significance in driving the region's prosperity and financial well-being.

Sheridan real estate prices and overall affordability will play a huge role in determining if the area is the right fit for you. Of course there are probably some other items on your “wish list”, but even before they are considered, let’s take a look at the home prices and affordability in Sheridan. Median real estate prices in Sheridan come in at $262,300, which is 0.9% lower than the Colorado 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 5.7, which is 35.7% higher than the Colorado average.

Best Places to Live in and Around Sheridan

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Compare Sheridan, CO Livability

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      Sheridan transportation information

      Statistic Sheridan Colorado National
      Average one way commute25min25min26min
      Workers who drive to work81.1%75.2%76.4%
      Workers who carpool7.8%9.3%9.3%
      Workers who take public transit4.2%3.1%5.1%
      Workers who bicycle0.4%1.3%0.6%
      Workers who walk1.6%3.0%2.8%
      Working from home3.0%7.0%4.6%
      Source: The Sheridan, CO data and statistics displayed above are derived from the United States Census Bureau American Community Survey (ACS).