Sheridan, AR Profile: Facts & Data

The primary coordinate point for Sheridan is located at latitude 34.307 and longitude -92.4013 in Grant County. The formal boundaries for the City of Sheridan encompass a land area of 12.14 sq. miles and a water area of 0 sq. miles. Grant County is in the Central time zone (GMT -6). The elevation is 276 feet.

The City of Sheridan has a C1 Census Class Code which indicates an active incorporated place that does not serve as a county subdivision equivalent. It also has a Functional Status Code of "A" which identifies an active government providing primary general-purpose functions.

Sheridan, AR Data & Demographics (As of July 1, 2022)

POPULATION
Total Population	4,847 (100%)
Population in Households	4,736 (97.7%)
Population in Families	3,893 (80.3%)
Population in Group Quarters¹	111 ( 2.3%)
Population Density	398
Diversity Index²	23


INCOME
Median Household Income	$62,485
Average Household Income	$85,313
% of Income for Mortgage⁴	15%
Per Capita Income	$34,010
Wealth Index⁵	69

HOUSING
Total HU (Housing Units)	2,163 (100%)
Owner Occupied HU	1,381 (63.8%)
Renter Occupied HU	558 (25.8%)
Vacant Housing Units	223 (10.3%)
Median Home Value	$174,644
Average Home Value	$196,708
Housing Affordability Index³	183

HOUSEHOLDS
Total Households	1,940
Average Household Size	2.44
Family Households	1,320
Average Family Size	3.00

NOTES

Group Quarters - a place where people live or stay in a group living arrangement. Includes college residents halls, nursing facilities, military barracks, and correctional facilities.
The Diversity Index is a scale of 0 to 100 that represents the likelihood that two persons, chosen at random from the same area, belong to different races or ethnic groups. If an area's entire population belongs to one race AND one ethnic group, then the area has zero diversity. An area's diversity index increases to 100 when the population is evenly divided into two or more race/ethnic groups.
The Housing Affordability Index base is 100 and represents a balance point where a resident with a median household income can normally qualify to purchase a median price home. Values above 100 indicate increased affordability, while values below 100 indicate decreased affordability.
The % of Income for Mortgage quantifies the percentage of median household income dedicated to mortgage payments on a home priced at the median value (assuming a 30-year mortgage and a 20% down payment).
The Wealth Index is based on a number of indicators of affluence including average household income and average net worth, but it also includes the value of material possessions and resources. It represents the wealth of the area relative to the national level. Values above or below 100 represent above-average wealth or below-average wealth compared to the national level.

Sheridan, AR - Peer Comparisons by Rank and Percentile

The table below compares Sheridan to the other 625 incorporated cities, towns and CDPs in Arkansas by rank and percentile using July 1, 2022 data. The location Ranked # 1 has the highest value. A location that ranks higher than 75% of its peers would be in the 75th percentile of the peer group.

GROWTH RATE / YEAR	2020-2022	2022-2027
Population	-0.66%	-0.35%
Households	-0.45%	-0.31%
Families		-0.35%
Median Household Income		4.07%
Per Capita Income		2.80%
Owner Occupied HU		-0.28%

Variable Description	Rank	Percentile
Total Population	# 72	89th
Population Density	# 250	60th
Median Household Income	# 84	87th
Housing Affordability Index	# 316	51st
Per Capita Income	# 86	86th
Diversity Index	# 456	27th

Sheridan, AR Profile: Facts & Data

Sheridan, Arkansas - Basic Facts

Sheridan, AR Data & Demographics (As of July 1, 2022)

POPULATION

INCOME

HOUSING

HOUSEHOLDS

GROWTH RATE / YEAR

Sheridan, AR - Peer Comparisons by Rank and Percentile

Sheridan, AR - Most Popular Things to Do

Use HTL Address Research for a Arkansas Address and get...

Quick & Easy Ways to...

Arkansas Census Data Comparison Tool

Grant County