Sheridan County, Wyoming: commercial real estate data.
Sheridan County, Wyoming has a population of 32,055 across 2,524 square miles, up 6.7 percent since the 2020 census base. County output reached $2.31 bn in 2024, 2,670 establishments operate here, and the SBA record carries 80 7(a) approvals worth $50.8 m.
122 sourced county values · tier FULL · 11 sections
Sheridan County
How many people live in Sheridan County
- Population32,055
- Households13,845
- Average household size2.32
- Median household income$71,388
- Median age42.7
- Median gross rent$939 per month
- Median owner-occupied home value$394,900
- Home value to household income5.5 times
- Annual rent as a share of median income15.8 percent
- Adults 25 and over with a bachelor degree or higher31.1 percent
- Adults 25 and over with a graduate degree11.5 percent
- Adults 25 and over22,866
- Population under 186,839
- Share under 1821.3 percent
- Population 65 and over7,180
- Share 65 and over22.4 percent
- Working age population, 18 to 6418,036
- Civilian labor force16,278
- Unemployment rate2.2 percent
- Labor force participation, adults 18 and over64.6 percent
- Rank by population among Wyoming counties7th of 23
- Rank by population among US county-equivalents1421st
Sheridan County is the 7th largest of 23 Wyoming counties by population. A median home costs 5.5 times median household income, which is a stretched ownership market and usually shows up as rental demand. Residents 65 and over outnumber those under 18, at 22.4 percent against 21.3 percent, which points demand at health care, services and single storey product rather than schools.
US Census Bureau, American Community Survey 5-Year Estimates, 2020-2024 5-year.
Sheridan County
Is Sheridan County growing
- Population change since the 2020 census base6.65 percent
- Census 2020 base population30,922
- Births, 2024307
- Deaths, 2024306
- Natural change, 20241
- Net domestic migration, 2024325
- Net international migration, 202473
- Total net migration, 2024398
- Cumulative net domestic migration, 2021 to 20242,028
- Rank by growth among US county-equivalents333rd
The county has grown 6.65 percent since the 2020 census base. Migration contributed more to 2024 change than births over deaths, so demand here follows people arriving rather than families forming.
US Census Bureau, Population Estimates Program, Vintage 2024, Vintage 2024, estimates 2020 to 2024.
Sheridan County
Where people moving to Sheridan County come from
- Tax returns filed by households arriving1,042
- People arriving, from those returns1,870
- Adjusted gross income arriving$124.7 m
- Net adjusted gross income movement$0
- Average income of an arriving household$119,666
- Largest single originSheridan County Non-migrants (12,891 households)
- Largest single destination (12,891 households)
| Origin | Households | People | Adjusted gross income |
|---|---|---|---|
| Sheridan County Non-migrants | 12,891 | 25,580 | $1.34 bn |
| Other flows - Different State | 729 | 1,325 | $99.2 m |
| Other flows - West | 420 | 768 | $41.8 m |
| Other flows - Midwest | 140 | 257 | $44.7 m |
| Other flows - South | 138 | 256 | $9.6 m |
| Other flows - Same State | 99 | 179 | $7.5 m |
| Campbell County | 40 | 71 | $4.1 m |
| Johnson County | 37 | 70 | $1.6 m |
The largest single source of arrivals is Sheridan County Non-migrants, which is the catchment a retail or multifamily study should look at first.
US Internal Revenue Service, Statistics of Income county migration flows, 2021 to 2022 filing years.
Sheridan County
What the Sheridan County economy runs on
- County GDP, 2024$2.31 bn
- County GDP, 2023$2.16 bn
- GDP change, 2023 to 20247.2 percent
- GDP change over five years61.6 percent
- Rank by GDP among Wyoming counties7th
- Rank by GDP among US county-equivalents1169th
- GDP per resident$72,185
Output grew 7.2 percent in the latest year and 61.6 percent over five, which is the trend line a lender will read behind any single year figure.
US Bureau of Economic Analysis, Regional, table CAGDP2, CAGDP2, through 2024.
Sheridan County
Who employs people in Sheridan County
- Covered employment, annual average14,406
- Establishments reporting1,749
- Average annual pay$56,893
- Average weekly wage$1,094
- Sector 44-45, employment1,739
- Sector 44-45, average annual pay$38,955
- Sector 62, employment1,466
- Sector 62, average annual pay$41,772
- Sector 23, employment1,431
- Sector 23, average annual pay$63,159
- Sector 72, employment1,334
- Sector 72, average annual pay$24,678
- Sector 31-33, employment929
- Sector 54, employment818
| Sector | Employment | Establishments | Average annual pay |
|---|---|---|---|
| Sector 44-45 | 1,739 | 146 | $38,955 |
| Sector 62 | 1,466 | 234 | $41,772 |
| Sector 23 | 1,431 | 217 | $63,159 |
| Sector 72 | 1,334 | 108 | $24,678 |
| Sector 31-33 | 929 | 43 | $56,758 |
| Sector 54 | 818 | 263 | $80,578 |
| Sector 81 | 504 | 103 | $34,375 |
| Sector 52 | 466 | 86 | $93,564 |
The largest sector is the biggest private employer group at 1,739 jobs, 12.1 percent of covered employment. Average pay per job sits below median household income, so households here typically need more than one earner.
US Bureau of Labor Statistics, Quarterly Census of Employment and Wages, 2024 annual averages.
Sheridan County
What businesses operate in Sheridan County
- Establishments, all industries2,670
- Employment at those establishments14,285
- Annual payroll$804.0 m
- Establishments per 1,000 residents83.3
These are counts of establishments physically operating in the county, not listings, so they are the supply side a feasibility study measures demand against.
US Census Bureau, County Business Patterns, 2023.
Sheridan County
What is being built in Sheridan County
- Housing units authorised by permit, 2024323
- Declared construction value permitted$85.5 m
- Single family units authorised193
- Multifamily units authorised130
- Multifamily share of units40.2 percent
- Average declared value per unit$264,586
- Units authorised per 1,000 households23.3
Multifamily is 40.2 percent of units authorised, so the pipeline is being built for renters rather than buyers.
US Census Bureau, Building Permits Survey, 2024 annual.
Sheridan County
How much SBA lending happens in Sheridan County
- 7(a) approvals recorded80
- 7(a) gross approval dollars$50.8 m
- Average 7(a) approval$635,038
- Median 7(a) approval$200,000
- 10th percentile approval$46,500
- 90th percentile approval$2,060,000
- Largest single approval$5,000,000
- Jobs reported supported, 7(a)692
- Jobs per approval8.7
- Distinct 7(a) lenders active33
- Distinct industries receiving approvals43
- Median 7(a) term120 months
- Share of loans on real estate terms, 240 months or longer1.3 percent
- Loans on real estate terms1
- Loans on working capital terms, 120 months or shorter78
- Franchise loans5
- Franchise share of approvals6.3 percent
- Leading industry by approval countAll Other Professional, Scientific, and Technical Services (6)
- Most active lenderNortheast Bank (13)
- 504 approvals recorded43
- 504 gross approval dollars$23.1 m
- Average 504 approval$537,837
- Median 504 approval$357,000
- Distinct CDCs active3
- 504 jobs per approval6.4
- 504 jobs per million dollars approved12.0
- Most active CDCMountain West Small Business Finance (25)
- 7(a) share of SBA approvals65.0 percent
- Combined SBA approval dollars$73.9 m
The average approval of $635,038 sits well above the median of $200,000, so a small number of large deals is pulling the mean up. The median is the better guide to what a typical borrower here actually gets. Only 1.3 percent of approvals run on real estate terms, so SBA credit here is mostly working capital and equipment rather than property acquisition.
US Small Business Administration, 7(a) FOIA release, FY2020 to FY2026 year to date, as of 2026-06-30. US Small Business Administration, 504 FOIA release, FY2010 to FY2026 year to date, as of 2026-06-30.
Sheridan County
Do SBA loans in Sheridan County get paid back
- Loans with a final outcome recorded15
- Paid in full10
- Charged off5
- Charge off rate on resolved loans33.3 percent
- Status: Cancelled26
- Status: Charged off5
- Status: Paid in full10
- Status: Exempt from disclosure37
- Status: Committed, not yet disbursed2
Of the 15 loans that have reached a final outcome, 33.3 percent were charged off. This is computed only over resolved loans, because a loan still running has not yet succeeded or failed and counting it either way would be wrong.
US Small Business Administration, 7(a) FOIA release, FY2020 to FY2026 year to date, as of 2026-06-30.
Sheridan County
Which parts of Sheridan County get the lending
- Places in the county with recorded lending5
- Sheridan, approvals75
- ESTES PARK, approvals2
- SUWANEE, approvals1
- RANCHESTER, approvals1
- Banner, approvals1
| Place | Approvals | Gross approval dollars |
|---|---|---|
| Sheridan | 75 | $49,551,100 |
| ESTES PARK | 2 | $595,400 |
| SUWANEE | 1 | $451,500 |
| RANCHESTER | 1 | $80,000 |
| Banner | 1 | $125,000 |
Sheridan accounts for 75 approvals against 2 in ESTES PARK. County level figures average over that gap, which is why a site decision is made at the submarket rather than the county.
US Small Business Administration, 7(a) FOIA release, FY2020 to FY2026 year to date, as of 2026-06-30.
Sheridan County
How big is Sheridan County
- Land area2,524 sq mi
- Rank by land area among Wyoming counties17th of 23
- Width, east to west93.3 mi
- Height, north to south30.7 mi
- Geographies sharing a boundary3
- Residents per square mile of land13
- Establishments per square mile1.06
US Census Bureau county boundary geometry, TIGER, adjacency computed from shared boundary vertices, TIGER county boundaries. US Census Bureau, American Community Survey 5-Year Estimates, 2020-2024 5-year. US Census Bureau, County Business Patterns, 2023.
Coverage
What this page does not hold.
Every item below could be filled with a plausible figure. None of them is. On a page a lender may read, a number that cannot be traced is worse than an absence, so the absences are named.
- No NFIP communities are listed for this county in the FEMA Community Status Book.
- Flood zone record counts are not held. The flood coverage export has not landed, so no count is shown rather than an estimated one.
- Traffic counts resolve in the platform, not in this dataset, so no AADT figure is printed here.
- Zoning is in build. Parcel level zoning is not published on this page.
Feasibility studies
When a Sheridan County site needs a document a lender will accept.
The same data layer behind this page is the one the studies are written from. A study for a Sheridan County site starts with the figures you are reading, carrying the same source and period into the credit file.
- Population32,055
- Households13,845
- Average household size2.32
- Median household income$71,388
- Median age42.7
Common questions
Sheridan County questions, answered from the record.
How many people live in Sheridan County, Wyoming?
32,055, in 13,845 households, ranking 7th of 23 Wyoming counties. Source: US Census Bureau, American Community Survey 5-Year Estimates, 2020-2024 5-year.
Is Sheridan County growing?
The population has grown 6.65 percent since the 2020 census base. In 2024 there were 307 births against 306 deaths, with net migration of 398. Source: US Census Bureau, Population Estimates Program, Vintage 2024, Vintage 2024, estimates 2020 to 2024.
What is the median household income in Sheridan County?
$71,388. The median owner-occupied home is valued at $394,900, which is 5.5 times income, and median gross rent is $939 per month. Source: US Census Bureau, American Community Survey 5-Year Estimates, 2020-2024 5-year.
How many businesses are there in Sheridan County?
2,670 establishments, employing 14,285 people with an annual payroll of $804.0 m. These are establishments physically operating in the county, not listings. Source: US Census Bureau, County Business Patterns, 2023.
What is the average wage in Sheridan County?
Average annual pay is $56,893, or $1,094 a week, across 14,406 covered jobs. Source: US Bureau of Labor Statistics, Quarterly Census of Employment and Wages, 2024 annual averages.
How much SBA lending happens in Sheridan County?
80 7(a) approvals totalling $50.8 m since FY2020, across 33 lenders, with a median approval of $200,000, plus 43 504 approvals worth $23.1 m. These are approvals recorded in the release, not loans disbursed.
Do SBA loans in Sheridan County get paid back?
Of the 15 loans that have reached a final outcome, 10 were paid in full and 5 charged off, a charge off rate of 33.3 percent. Loans still running are excluded, because they have not yet succeeded or failed.
What is being built in Sheridan County?
323 housing units were authorised by permit in 2024, with a declared construction value of $85.5 m. Multifamily was 40.2 percent of units. Source: US Census Bureau, Building Permits Survey, 2024 annual.
What is the radon zone for Sheridan County?
Zone 1, a predicted average indoor radon screening level greater than 4 pCi/L. Source: US EPA, Map of Radon Zones, county spreadsheet, 2024-05 publication, EPA 402/A-16/001.
Where do people moving to Sheridan County come from?
The largest single origin is Sheridan County Non-migrants, with 12,891 households. Arriving households report an average income of $119,666 against null for those leaving. Source: US Internal Revenue Service, Statistics of Income county migration flows, 2021 to 2022 filing years.
Are traffic counts available for Sheridan County on this page?
No. Annual average daily traffic resolves in the platform rather than in this dataset, so no AADT figure is printed here. It is a gap we know about rather than a figure we estimated.
Is zoning published for Sheridan County?
Not yet. The zoning layer is in build. Nothing on this page presents parcel level zoning, and where a statutory framework applies it is marked as the statewide frame with confirm locally attached.