| Index | Sheridan | Indiana | National |
| Average Test Scores | 50% | 46% | 48% |
| Student/Teacher ratio | 15:1 | 22:1 | 16:1 |
| Total public schools | 4 | 1,755 | 79,221 |
| Total private schools | n/a | 675 | 24,874 |
| Total post-secondary schools | n/a | 141 | 7,963 |
| Index | Sheridan | Indiana | National |
| Completed 8th grade | 80.8% | 84.6% | 84.3% |
| Completed high school | 80.2% | 82.9% | 83.0% |
| Completed some college | 45.2% | 53.8% | 59.4% |
| Completed associate degree | 20.6% | 33.0% | 38.5% |
| Completed bachelors | 14.0% | 24.6% | 30.3% |
| Completed masters | 3.9% | 8.9% | 11.5% |
| Completed professional degree | 0.3% | 2.4% | 3.3% |
| Completed doctorate | 0.0% | 1.0% | 1.3% |
There are a total of 4 public schools, n/a private schools and n/a post-secondary schools in Sheridan. Using the proficiency score averages, the average test scores for Sheridan, IN schools is 50%. The average student to teacher ratio is 15:1. In Sheridan, IN, an average of 80.8% of students have completed 8th grade and an average of 80.2% have completed high school.
| City | Population | Avg. Test Scores | National Avg. |
| Zionsville, IN | 28,035 | 77% | 61.3% |
| Whitestown, IN | 8,842 | 75% | 56.3% |
| Carmel, IN | 99,130 | 74% | 54.3% |
| Westfield, IN | 41,652 | 70% | 46.5% |
| Fishers, IN | 93,488 | 67% | 39.5% |
| Sheridan, IN | 3,454 | 50% | 4.5% |
| City | Population | Avg. Test Scores | National Avg. |
| Ringgold, GA | 3,454 | 54% | 13.2% |
| Heflin, AL | 3,453 | 51% | 6.3% |
| Pawhuska, OK | 3,456 | 24% | 50.8% |
| Zumbrota, MN | 3,452 | 61% | 26.6% |
| Gravette, AR | 3,456 | 57% | 19.1% |
| Sheridan, IN | 3,454 | 50% | 4.5% |
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