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Sheridan Lake

Learn about the people, housing, costs and businesses in Sheridan Lake, Colorado

Median Home$161,500
Median Rent$800/month
Population52
Leading IndustriesEducation · Transportation · Professional Services3% education
Young Adults27% of residentsnear the national average
Homeowners68% of occupied units
NotableHighly Educated23% hold a bachelor's degree · top 23% nationally
NotableAffordable Market$162k median home · lower cost than 69% of the country
Sheridan Lake
CO

Frequently Asked Questions

What are today's mortgage rates in Sheridan Lake?

As of today, the 30-year fixed mortgage rate for Sheridan Lake is approximately 6.919% (6.956% APR). Rates vary based on your credit score, loan type, down payment, and other factors. Safe Rate updates rates daily using live investor pricing.

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What is the median home price in Sheridan Lake?

The median home value in Sheridan Lake is $162k. The median monthly rent is $800. Annual property taxes average $939. Home values are based on U.S. Census Bureau American Community Survey estimates.

How much income do you need to buy a home in Sheridan Lake?

Based on a typical all-in ownership cost of $733/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $31k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Sheridan Lake is $59k/year.

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What industries drive the economy in Sheridan Lake?

The largest employment sectors in Sheridan Lake are public administration (24%) and healthcare (12%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.