Sheridan, TX is a small town located in Fort Bend County with an estimated population of 77475. The two bedroom rent in Sheridan is $910, which is lower than the US average of $1,430. This makes Sheridan an affordable place to live for those looking to relocate or invest in property. Cost of living also remains relatively low compared to the US average; according to the Grocery Cost Index, the index for Sheridan is 94 as opposed to 100 in the US.
The local economy in Sheridan is mainly driven by its agricultural sector, but has seen some growth from other industries such as manufacturing. Popular companies in the area include Cops Monitoring Inc., Satterfield & Pontikes Construction LLC., and LSP Transportation & Logistics LLC., all of which offer competitive salaries and benefits packages. With its affordable housing and cost of living options, Sheridan provides residents with plenty of opportunities without breaking their budget.
Sheridan (zip 77475) has an unemployment rate of 6.0%. The US average is 6.0%.
Sheridan (zip 77475) has seen the job market decrease by -4.1% over the last year. Future job growth over the next ten years is predicted to be 29.2%, which is lower than the US average of 33.5%.
Tax Rates for Sheridan (zip 77475)
- The Sales Tax Rate for Sheridan (zip 77475) is 7.3%. The US average is 7.3%.
- The Income Tax Rate for Sheridan (zip 77475) is 0.0%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.
Income and Salaries for Sheridan (zip 77475)
- The average income of a Sheridan (zip 77475) resident is $34,329 a year. The US average is $37,638 a year.
- The Median household income of a Sheridan (zip 77475) resident is $53,607 a year. The US average is $69,021 a year.