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Cost of Living in Sheridan County, WY

Population 32,055 · Census ACS 2020–2024 5-year estimates

Median rent$939
Median home value$394,900
Median household income$71,388

The median rent in Sheridan County, WY is $939/month, 5% lower than the Wyoming median and 34% lower than the U.S. median. The median home value is $394,900, 19% higher than the national median. Households earn a median of $71,388 a year, 6% lower than the state median.

Affordability

Rent as a share of median income: 15.8%
Income needed for median rent (30% rule): $37,560/yr
Home price-to-income ratio: 5.5×
Est. mortgage on the median home (20% down, 6.5% for 30 yrs, principal + interest): $1,997/mo

Run your own numbers: mortgage calculator · hourly to salary

Sheridan County vs. Wyoming vs. U.S.

Sheridan CountyWyomingU.S.
Median rent$939$992$1,413
Median home value$394,900$309,700$332,700
Median household income$71,388$76,176$80,734
Homeownership rate70.7%71.8%65.2%
Bachelor's degree or higher31.1%30.6%35.7%
Poverty rate10.2%10.5%12.5%
Unemployment rate2.2%3.7%5.2%
Work from home9.5%9.4%15.1%
Median age42.739.138.9

FAQ

What is the average rent in Sheridan County, WY?

The median gross rent in Sheridan County, WY is $939 per month (ACS 2020–2024 5-year estimate).

How much do I need to earn to live in Sheridan County, WY?

Using the common 30% rule, renting a median-priced home takes about $37,560 a year in gross income.

Is Sheridan County, WY expensive to live in?

Rent there is 34% lower than the U.S. median, and the median home costs about 5.5 times the median household income.

Other counties in Wyoming

Laramie County, WYRent $1,160 · Income $80,173Natrona County, WYRent $1,016 · Income $72,156Campbell County, WYRent $1,009 · Income $89,869Sweetwater County, WYRent $911 · Income $75,034Fremont County, WYRent $898 · Income $64,904Albany County, WYRent $931 · Income $61,917

Counties with a similar cost of living

Peach County, GARent $940 · Income $71,293Marshall County, INRent $938 · Income $71,808Essex County, NYRent $934 · Income $71,661Marshall County, TNRent $946 · Income $71,049Erie County, OHRent $933 · Income $71,993Franklin County, TXRent $936 · Income $72,360

Source: U.S. Census Bureau, American Community Survey 5-year estimates. Estimates have margins of error, especially for smaller places. This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.

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