Sheridan County, Montana
Income Data
At a Glance
How Sheridan County Compares
Detailed Income Statistics
Data Story
About Household Income in Sheridan County, Montana
Sheridan approaches the national baseline
Sheridan County's median household income of $63,654 is 14.9% below the U.S. median of $74,755, yet it remains stronger than many rural communities nationwide. The county's per capita income of $41,202 shows solid earning capacity relative to population.
Mid-range for Montana
Sheridan's $63,654 slightly exceeds Montana's state average of $62,295 by 2.2%, signaling a relatively balanced local economy. The county avoids the severe income constraints facing eastern Montana's most isolated areas.
Sheridan ranks solidly among peers
Sheridan's $63,654 places it sixth in this eight-county comparison, ahead of Roosevelt ($53,125), Rosebud ($56,430), Sanders ($54,035), and Silver Bow ($57,504). Only Ravalli and Stillwater counties command noticeably higher household incomes.
Excellent housing affordability
Sheridan's rent-to-income ratio of 14.1% ranks among Montana's best, and its median home value of just $111,600 makes homeownership highly accessible. Combined, these factors mean housing costs pose minimal burden on household finances.
Build equity through homeownership
Sheridan's low housing costs—both rent and purchase price—create an exceptional opportunity for wealth building through property ownership. Households can use savings from affordable housing to fund retirement accounts, education investments, or additional income-generating assets.
Frequently Asked Questions
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Income Comparison Calculator
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County median: $63,654 per year
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vs. State Average
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vs. National Median
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Compare RatesData: U.S. Census Bureau, American Community Survey (ACS) 5-Year Estimates (2019-2023) — Informational only. Not financial or legal advice.