Sheridan, Indiana
2026 Edition · 10 cards · data as of Oct 30, 2026
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Population
Growing. Up 10.2% since 2020.
5,746
people, the 116th-largest of Indiana's cities and towns.
Census Population Estimates, 2025. Rank among Indiana's cities and towns computed by the Almanac. Sources: Census Population Estimates
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The workday
8 in 10 jobs here go to people who live somewhere else.
84.0%
of 830 jobs located in Sheridan are filled by in-commuters.
Census LEHD LODES, 2023. Sources: Census LEHD LODES
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Rent
Median rent is up 40% since the 2005–2009 survey, before inflation.
$726
a month. Indiana's median is $1,062.
Census ACS 5-year, 2020-2024 (latest), with earlier 5-year windows. Sources: Census ACS 5-year
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The seam
Cross one tract line and median rent doubles.
A $1,703 gap between neighbors, the sharpest rent edge between adjacent tracts in Hamilton County.
- $1,575 Tract 1103.01
- $3,278 Tract 1109.09
Census ACS 5-year, 2020-2024, adjacent tracts compared by the Almanac. Tract estimates carry wide margins of error. Sources: Census ACS 5-year
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Room to build
Local wages can carry more rent than the median charged today.
$1,037–$1,556
is the monthly rent range local workforce wages support.
- $726 median
Supportable rent computed by the Almanac from 2023 source wage data. Median rent: Census ACS 5-year, 2020-2024. Sources: Computed by the Almanac, Census ACS 5-year
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Building
58% of the housing here was built before 2000.
- 527 homes permitted in ten years, 2016–2025
- 4% of those were in multifamily buildings
- 58% of all homes were built before 2000
Census Building Permits Survey, 2016–2025; Census ACS 5-year, 2020-2024. Sources: Census Building Permits Survey, Census ACS 5-year
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Units needed
Closing the gap would add 0.6% to the 1,441 homes here.
8
is the estimated number of missing housing units; all three estimates agree.
Range computed by the Almanac from 2023 jobs and household data, using three demand models: 1% of jobs located here, 1% of renter households, and a rate by town size applied to renters. The low end is the lowest of the three and the high end the highest. It is an estimate, not a count. Sources: Computed by the Almanac
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Home value
A median home costs 10% less than Indiana's.
$195,600
median home value in Sheridan.
- $195,600 Sheridan
- $218,200 Indiana
- $332,700 U.S.
Census ACS 5-year, 2020-2024. Sources: Census ACS 5-year