Race & Ethnicity
Age Breakdown
Key Indicators
| Median Age | 49.5 yrs |
|---|---|
| Avg HH Size | 2.55 |
| Below Poverty | 3.3% ▼ 67% below avg |
| College Grads | 36.5% ≈ Avg |
| Unemployment | 2.2% ▼ 56% below avg |
| No HS Diploma | 26 (1.4%) |
| HS Graduate | 600 (31.5%) |
| Some College | 288 (15.1%) |
| Associates | 295 (15.5%) |
| Bachelors | 229 (12%) |
| Graduate Degree | 466 (24.5%) |
Education
Housing Tenure
Home Value Distribution
Financials
| Median HH Income | $96,295 ▲ 26% above avg |
|---|---|
| Median Home Value | $223,300 ▼ 20% below avg |
| Home/Income Ratio | 2.3x (nat avg ~3.5x) |
| Median Rent | $769/mo |
| Total Housing Units | 1,146 |
| Vacant Units | 123 |
Income Distribution
How People Get to Work
Commute Time
Year Built
Sherrard is a city in Illinois, located in Mercer County. The city spans 1 ZIP code and is home to approximately 2,610 residents. It is a mature city, with a median age of 49.5 years.
Economically, Sherrard is a middle-income community. The median household income of $96,295 is above the national average. Approximately 3.3% of residents live below the poverty line. The unemployment rate is 2.2%, well below the national average.
The real estate market in Sherrard is an affordable housing market. Median home values stand at $223,300, which is below the national average. Renters typically pay around $769 per month. Homeownership is high at 92.5%, typical of suburban and family-oriented communities.
The population of Sherrard is moderately educated. 36.5% of adults hold a bachelor's degree or higher — near the national average. The community is primarily White (94.64%).
Sherrard, IL offers residents above-average earning potential within Illinois.
| ZIP | Population | Median Income | Median Home | Median Rent | Unemp. | College | Owner Occ. |
|---|---|---|---|---|---|---|---|
| 61281 | 2,610 | $96,295 | $223,300 | $769 | 2.2% | 36.5% | 92.5% |