Cost of Living in Sheridan County, Kansas
At a Glance
Rent burden measured as median gross rent as a percentage of renter household income (Census ACS B25071)
These figures are county medians, not a personal budget. Use them to frame rent, ownership, and income tradeoffs, then account for household size, commute, financing, insurance, taxes, debt, and local availability before making a decision.
How Sheridan County Compares
Median monthly rent comparison
Detailed Housing Stats
National Ranking
Affordability Rank
Sheridan County ranks #653 of 3,142 counties for affordability (top 21%)
Sourced county brief
Sheridan County Official GRAPI Estimated at 22.5 Percent
Sheridan County's official GRAPI, defined as the median gross rent as a percentage of household income for renter-occupied units, was estimated at 22.5%. This is 2.1 percentage points below the Kansas unweighted county mean official GRAPI of 24.6%. The median gross rent in the county was $689 per month, which is $113 lower than the state unweighted county mean of $802. For homeowners, the median home value was $167,200, exceeding the state unweighted county mean of $138,825. Median selected monthly owner costs for all owner-occupied units were $755, compared to the state unweighted county mean of $861. The median renter-household income in the county was $37,292. These statistics represent the 2020-2024 ACS 5-year period and offer a view of housing expenditures without indicating future market directions. See ACS table B25071 for the underlying estimate.
Source record
- U.S. Census Bureau ACS 2020-2024 5-Year Estimates — B25064 Median Gross Rent
- U.S. Census Bureau ACS 2020-2024 5-Year Estimates — B25071 GRAPI
- U.S. Census Bureau ACS 2020-2024 5-Year Estimates — B25077 Median Home Value
- U.S. Census Bureau ACS 2020-2024 5-Year Estimates — B25088 Selected Monthly Owner Costs
- U.S. Census Bureau ACS 2020-2024 5-Year Estimates — B25119 Household Income by Tenure
Data version acs5-2020-2024 · Method cost-brief-v1
Cost of Living Advisory: Sheridan County
Affordability Verdict
ACS B25071 estimates median gross rent at 22.5% of renter household income in Sheridan County, which is below the 30% affordability benchmark. This is a median percentage among renter-occupied units, not the share of households above a threshold.
Rent vs. Own
Median gross rent is $689 per month; median selected monthly owner costs are $755. These ACS medians describe different tenure groups and are not a personalized rent-versus-buy calculation.
Income Needed
Using the common 30% budgeting benchmark, $27,560 in annual gross income would allocate 30% to the county's median gross rent. This is a reproducible illustration, not evidence that a particular household can afford housing.
Regional Context
The Kansas unweighted mean of county median rents is $802 per month. Sheridan County's $689 median is 14.1% below that comparison value.
Data version acs5-2020-2024 · Method cost-advisory-v2
Affordability Calculator
See how your income compares to housing costs in Sheridan County
Rent Burden
11.2%
of gross income
Max Housing (28% Rule)
$1,721
per month
Owner Cost Burden
12.3%
of gross income
You can likely afford the median home in Sheridan County
Median home value is $167,200. Estimated monthly cost: $1,335 vs. your max of $1,721.
Rent Affordability Guide
Income Needed Calculator
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Based on the 30% rule for rent and 28% rule for housing costs (mortgage + owner costs). Mortgage estimate assumes 20% down, 7.2% interest, 30-year fixed.
Frequently Asked Questions
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See Today's RatesData: U.S. Census Bureau, American Community Survey (ACS) 5-Year Estimates (2020-2024). Data is informational only and is not personalized financial advice.
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