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Sheridan Lake town, Colorado Demographics & Population 2026

Very AffordableHome value to income ratio of 1.7x is exceptionally low

As of 2026, Sheridan Lake town, Colorado has a total population of 58, the 440th largest city in Colorado, with a median household income of $39,063, which is 58% lower than the state average. The poverty rate is 24.1%.

Key Takeaways

Sheridan Lake town Quick Facts

Population 58
Median Household Income $39,063
Median Home Value $65,000
Poverty Rate 24.1%
Unemployment Rate 0.0%
Median Age 29.5 years
Homeownership Rate 33.3%
Affordability Ratio 1.7x
Bachelor's Degree or Higher 22.2%
High School Graduation Rate 100.0%
Diversity Index 35/100
Population 58 440th of 471
Median Income $39,063 bottom 10%
Poverty Rate 24.1% 94% higher national
Median Home Value $65,000 bottom 10%

How Sheridan Lake town Compares

Economy & Housing

Employment

0.0% Unemployment Rate State: 4.5% | National: 5.2%
77.8% Labor Force Participation

Housing Overview

Owner 33.3%
Renter 66.7%
Affordability Index Very Affordable
1.7x home value to income ratio

People & Demographics

Diversity Index

35out of 100
Low Diversity

A less diverse community where one racial or ethnic group represents a large majority.

State average: 51 | National average: 60

Education

Sheridan Lake town Rankings in Colorado

#440 Population of 471
#380 Median Income of 471
#305 Education of 471
#410 Home Value of 471

Cities Similar to Sheridan Lake town

These cities in the same state have comparable population and economic profiles.

CityPopulationMedian IncomeHome ValueBachelor's+Poverty
Saddle Ridge CDP58N/A$817,3000.0%77.6%
Gardner CDP59N/AN/A0.0%0.0%
Moffat town57N/AN/A51.8%24.6%
Hartman town63N/A$36,40010.9%60.3%
Paoli town65N/A$187,5009.4%49.2%

Population Overview

Sheridan Lake town is a small community located in Colorado. The total population is 58. It ranks as the 440th most populous out of 471 cities and towns in Colorado.

Age Demographics

The median age in Sheridan Lake town is 29.5 years. This is 21% lower than the state median of 37.5 years. With 37.9% of the population under 18, Sheridan Lake town has a notably young demographic profile, suggesting a family-oriented community.

Economy, Income & Housing

The median household income in Sheridan Lake town is $39,063. This is 58% lower than the state median of $92,470. Compared to the national median of $78,538, household income here is 50% lower. The poverty rate stands at 24.1%. This is 157% higher than the state poverty rate of 9.4%. With more than one in five residents living below the poverty line, economic hardship is a significant challenge for the community. The unemployment rate is 0.0%. This is 100% lower than the state rate of 4.5%. The median home value is $65,000. Housing costs are 87% lower than the state median of $502,200. With a home-value-to-income ratio of just 1.7x, Sheridan Lake town is one of the most affordable housing markets in the area. 33.3% of occupied housing units are owner-occupied. This homeownership rate is 50% lower than the state average of 66.3%.

Race & Ethnicity

The largest racial or ethnic group in Sheridan Lake town is White (non-Hispanic), making up 77.6% of the population. Hispanic or Latino residents account for 22.4%.

Education

22.2% of residents aged 25 and older hold a bachelor's degree or higher. This is 50% lower than the state rate of 44.7%. Nationally, 35.0% of adults hold at least a bachelor's degree. The high school graduation rate (or equivalent) is 100.0%. Notably, 22.2% of adults hold a graduate or professional degree, indicating a highly educated workforce.

Data Sources & Methodology

All demographic data for Sheridan Lake town, Colorado is sourced from the U.S. Census Bureau's American Community Survey (ACS) 5-Year Estimates (2019-2023). The ACS collects data from approximately 3.5 million households annually, providing reliable estimates for communities of all sizes. Comparisons are made against Colorado state averages and national averages calculated from the same dataset. Rankings reflect the city's position among all 471 Census-designated places in Colorado. For official data, visit data.census.gov.

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Frequently Asked Questions

What is the population of Sheridan Lake town, Colorado?

Sheridan Lake town, Colorado has a population of 58 according to the most recent U.S. Census ACS 5-Year Estimates.

What is the median household income in Sheridan Lake town, CO?

The median household income in Sheridan Lake town is $39,063, which is 50% lower the national median of $78,538.

What is the poverty rate in Sheridan Lake town, CO?

The poverty rate in Sheridan Lake town is 24.1%. This means approximately 14 residents live below the federal poverty line.

What is the racial makeup of Sheridan Lake town, Colorado?

Sheridan Lake town's population is 77.6% White, 0.0% Black, 22.4% Hispanic/Latino, and 0.0% Asian.

What is the median home value in Sheridan Lake town, CO?

The median home value in Sheridan Lake town is $65,000. The home-value-to-income ratio is 1.7x.

How educated is Sheridan Lake town, Colorado?

22.2% of adults (25+) in Sheridan Lake town hold a bachelor's degree or higher, and 22.2% hold a graduate or professional degree.