Sheridan, IL is an attractive and affordable small town located in LaSalle County. It has a population of just under 2,000 people, making it the perfect size for families looking to escape the hustle and bustle of a large city. The cost of rent for two bedrooms is around $1,520 which is slightly higher than the US average of $1,430. Grocery costs are also lower than the national average with an index rating of 98 versus 100 in the US. Local companies include Reuter's Automotive Service Center, The Fancy Fox Boutique, and Dunn's Auto Care Inc. Each business adds to the charm and stability of Sheridan by providing goods and services that meet the needs of locals.
Sheridan has an unemployment rate of 7.3%. The US average is 6.0%.
Sheridan has seen the job market increase by 0.6% over the last year. Future job growth over the next ten years is predicted to be 20.0%, which is lower than the US average of 33.5%.
Tax Rates for Sheridan
- The Sales Tax Rate for Sheridan is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Sheridan is 5.0%. 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 $11,035 a year. The US average is $28,555 a year.
- The Median household income of a Sheridan resident is $73,029 a year. The US average is $69,021 a year.