Everything You Should Know Before Moving to Sheridan Lake, CO
Considering a move to Sheridan Lake, CO? This small town of just 55 residents offers affordable living, with median home prices around $72,000 and average rents at $650. Residents enjoy low crime rates (violent crime at 70 per 100K), short 15-minute commutes, and a tight-knit rural community. The area is known for its sunny weather, quiet surroundings, and a local school with small class sizes—ideal for those seeking peace and affordability in Colorado’s eastern plains.
Demographics - Sheridan Lake, CO
Demographics - Sheridan Lake, CO
Sheridan Lake is a small, close-knit community of just 55 people, where the median age is 45 and the population is predominantly White. With a population density of 146 per square mile and a slight male majority, this rural town offers a quiet, neighborly atmosphere. Only 3% of residents are non-English speakers, reflecting a relatively homogenous cultural makeup.
Population:
55
Density:
146 per sq mi
Median Age:
45
Gender Ratio:
110 males per 100 females
Non-English Speakers Percentage:
3%
Ethnic Composition
White:
92%
Black:
0%
Asian:
0%
Others:
8%
Cost Of Living
What is the average cost of living in Sheridan Lake, CO?
The cost of living in Sheridan Lake is notably low, with a median home value of $72,000 and average rents around $650 per month. Utilities and everyday expenses remain below national averages, making it an affordable choice for families and retirees. State taxes are consistent at 4.4%, further supporting the town's budget-friendly appeal.
Median House Value:
$72,000
Gross Rent:
$650
Monthly Electricity Charges:
$110
Auto Insurance:
$1,220
House Owner Cost With Mortgage:
$800
House Owner Cost Without Mortgage:
$320
State Taxes:
Low:
4.4%
|
High:
4.4%
Cost Of Living Index:
82.5
Grocery:
95.0
Housing:
46.0
Utilities:
92.0
Transportation:
83.0
Health Care:
85.0
Miscellaneous:
90.0
Crime
Is Sheridan Lake, CO a safe place to live?
Sheridan Lake experiences very low crime, with a violent crime rate of just 70 per 100,000 residents and property crime at 350 per 100,000. The chance of experiencing a violent crime is about 1 in 1,429, contributing to a safe and secure environment. Residents can feel confident in the town's overall safety.
Violent Crimes Per 100k:
70
Property Crimes Per 100k:
350
Crime Index:
420
Chance Of Violent Crime:
1 in 1,429
Chance Of Property Crime:
1 in 286
Weather
What is the weather like in Sheridan Lake, CO year-round?
Sheridan Lake enjoys a sunny climate, with 70% of days filled with sunshine and moderate rainfall averaging 15.5 inches annually. Winters are cold with lows around 15°F, while summers are warm, reaching up to 92°F. Seasonal transitions offer a pleasant mix of cool springs and crisp autumns, ideal for those who appreciate clear skies and rural surroundings.
Winter
Min:
15°F
Max:
45°F
Spring
Min:
35°F
Max:
68°F
Summer
Min:
58°F
Max:
92°F
Fall
Min:
38°F
Max:
72°F
Average Rainfall Inches:
15.5 inches
Sunny Days Percentage:
70%
Neighbors
Local households in Sheridan Lake typically earn a median income of $46,000, with a poverty rate of 14.5% and unemployment at a low 4%. Commutes are short, averaging just 15 minutes, and 92% of adults have at least a high school diploma. The community values education and offers a peaceful, small-town lifestyle without public transportation.
Median Income:
$36,000
Household Income:
$46,000
Family Income:
$58,000
Per Capita Income:
$21,500
Income Male:
$37,000
Income Female:
$29,000
Poverty Rate:
14.5%
Non English Speakers:
3%
Rent:
$650
Unemployment Rate:
4.0%
Public Transport Usage:
0%
Commute Time:
15.0 minutes
Education
High School or Higher:
92%
Bachelors or More:
20%
Education
How are the schools in Sheridan Lake, CO?
Education in Sheridan Lake centers around Plainview School, a small public institution with a student-teacher ratio of 6.5, providing personalized attention for its 45 students. While there are no private schools locally, higher education is accessible at Lamar Community College, located 54 miles away. The community places value on accessible, small-scale education for families.
Public Schools
Name:
Plainview School
Street:
13997 County Rd 71.2
Phone:
719-729-3331
Students:
45
Student Teacher Ratio:
6.5
Colleges
Name:
Lamar Community College
City:
Lamar
State:
CO
Distance:
54 miles
Students:
1,000
Healthcare
Residents have access to nearby essential medical care at the Kiowa County Hospital District, a critical access facility that provides emergency services. With 0.9 physicians per 1,000 people and 90% health insurance coverage, basic healthcare needs are met locally. The healthcare index indicates reliable, if limited, medical services in the area.
Major Hospitals
Name:
Kiowa County Hospital District
Address:
1208 Luther St, Eads, CO 81036
Phone:
(719) 438-5401
Type:
Critical Access
Emergency Services:
Yes
Physicians Per 1000:
0.9
Health Insurance Coverage:
90%
Health Care Index:
70.0
Housing Market
What is the housing market like in Sheridan Lake, CO?
The Sheridan Lake housing market is affordable, with a median home price of $72,000 and a high owner-occupancy rate of 78%. Rental options are limited but reasonably priced, and the area has seen mild home appreciation at 4.2% over the past year. Low foreclosure and vacancy rates reflect a stable and settled community.
Median Home Price:
$72,000
Average Rent For 2 Bedroom:
$650
Owner Occupied Rate:
78%
Rental Vacancy Rate:
8.5%
Home Appreciation Rate (1yr):
4.2%
New Construction Rate:
0.5%
Foreclosure Rate:
0.3%
DMV Information
Sheridan Lake residents can access DMV services through the Colorado Division of Motor Vehicles located in nearby Eads. The office provides standard vehicle and licensing services, and more information can be found on the state DMV website. This ensures convenient access for essential driving and registration needs.
State:
Colorado
Department:
Colorado Division of Motor Vehicles
Address:
431 Main St, Eads, CO 81036
Phone:
719-438-5421
Website:
Disclaimer: The information provided on this page is based on publicly available sources including AccuWeather, U.S. Census Bureau, local government data, and third-party partners such as Neustar. While we strive to ensure accuracy, all data is provided “as is” and should be independently verified before making any decisions. Movers.com makes no guarantees regarding the completeness or reliability of the information.