Sheridan, CA Economy


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Sheridan, CA is a small town situated in Northern California. It is located close to major cities like Sacramento and San Francisco, making it an ideal destination for people who want to experience city life without being too far away from their rural home. Sheridan has a diverse population and numerous businesses, shops, restaurants, and entertainment venues that cater to locals and tourists alike. The cost of living in Sheridan is slightly higher compared to other places in California due to its proximity to big cities; however, local businesses such as the historic Elkhorn Saloon and the popular Wildcat Pizza ensure that residents have access to quality services at reasonable prices. 2 Bedroom rent in Sheridan is $2,160 while the US 2 Bedroom Rent is $1,430 which reflects the potential higher costs associated with living in this area due to its location near larger cities. In addition, grocery items in Sheridan are more expensive than those found across the US given its Grocery Cost Index of 105 versus 100 elsewhere.

Sheridan has an unemployment rate of 5.5%. The US average is 6.0%.

Sheridan has seen the job market increase by 1.4% over the last year. Future job growth over the next ten years is predicted to be 36.7%, which is higher than the US average of 33.5%.

Tax Rates for Sheridan
- The Sales Tax Rate for Sheridan is 7.3%. The US average is 7.3%.
- The Income Tax Rate for Sheridan is 9.3%. 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 $18,223 a year. The US average is $28,555 a year.
- The Median household income of a Sheridan resident is $64,783 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomySheridan, CaliforniaUnited States
  5.56
  -6.2%-6.2%
  36.7%33.5%
  7.3%6.2%
  8.0%4.6%
  $24,441$37,638
  $64,783$69,021
  $93,456$85,028
  Population by Occupation
  8.7%1.2%
  0.0%0.5%
  10.3%6.8%
  14.5%10.0%
  0.0%2.5%
  6.7%11.0%
  1.5%4.8%
  0.0%0.8%
  0.0%1.9%
  15.6%4.7%
  0.0%1.9%
  0.0%7.6%
  0.0%0.1%
  0.0%4.2%
  3.8%9.3%
  9.5%14.0%
  0.0%2.1%
  29.5%7.0%
  0.0%4.8%
  0.0%4.7%
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