Sheridan, NY Economy


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Sheridan, NY is a small town located in Upstate New York. It offers a quiet and peaceful atmosphere for those looking to escape the hustle and bustle of big cities. The cost of living in Sheridan is affordable with 2 bedroom rent averaging $830/month compared to the US average $1,430/month and grocery costs being 96 relative to the US index of 100. The town boasts several local businesses such as the Sheridan Taproom offering craft beers and delicious food, The Town Cafe serving breakfast and lunch dishes, Bistro One Nine for dinner entrees, and Sweet Frog yogurt shop. Additionally, Sheridan also has several outdoor activities including hiking trails, camping sites, swimming spots, fishing opportunities and much more.

Sheridan has an unemployment rate of 7.4%. The US average is 6.0%.

Sheridan has seen the job market decrease by -1.1% over the last year. Future job growth over the next ten years is predicted to be 12.7%, which is lower than the US average of 33.5%.

Tax Rates for Sheridan
- The Sales Tax Rate for Sheridan is 8.0%. The US average is 7.3%.
- The Income Tax Rate for Sheridan is 6.5%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.

Income and Salaries for Sheridan
- The average income of a Sheridan resident is $27,804 a year. The US average is $28,555 a year.
- The Median household income of a Sheridan resident is $75,167 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomySheridan, New YorkUnited States
  7.46
  -6.9%-6.2%
  12.7%33.5%
  8.0%6.2%
  6.2%4.6%
  $37,776$37,638
  $75,167$69,021
  $89,135$85,028
  Population by Occupation
  0.8%1.2%
  0.6%0.5%
  8.3%6.8%
  15.8%10.0%
  4.4%2.5%
  6.5%11.0%
  6.3%4.8%
  1.9%0.8%
  0.7%1.9%
  4.2%4.7%
  1.4%1.9%
  1.9%7.6%
  0.0%0.1%
  6.6%4.2%
  11.2%9.3%
  16.1%14.0%
  2.6%2.1%
  4.2%7.0%
  2.0%4.8%
  4.5%4.7%
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