HomeIllinoisMercer CountySherrard village
Sherrard village, Illinois: commercial real estate data.
Sherrard village is a Census village of 691 people across 0.93 square miles of land, in Mercer County. Median household income is $98,750, 92.6 percent of occupied homes are owned, and the SBA record carries 1 7(a) approvals to borrowers here worth $10,000.
70 sourced place values · tier FULL · 8 sections · underlined figures are computed by MMCG Analytics, not published by the agency
Sherrard
What Sherrard is
- Census place typevillage
- Land area0.93 sq mi
- Water area0.23 sq mi
- Population per square mile of land745 plus or minus 176
- County holding the largest share of its areaMercer County, 100.0 percent
US Census Bureau, cartographic boundary file, places, 2024 vintage. US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Sherrard
How many people live in Sherrard
- Population691 plus or minus 163
- Median age42.9
- Population under 18125 plus or minus 42
- Share under 1818.1 percent plus or minus 4.3
- Population 65 and over105 plus or minus 27
- Share 65 and over15.2 percent
- Households284 plus or minus 65
- Family households187 plus or minus 52
- Share of households that are families65.8 percent
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Sherrard
Income and work in Sherrard
- Median household income$98,750 plus or minus $20,832
- Per capita income$43,375
- Civilian labor force400 plus or minus 96
- Employed380 plus or minus 88
- Unemployed20 plus or minus 21
- Unemployment rate5.0 percent plus or minus 5.1
- Adults 25 and over488 plus or minus 112
- Adults 25 and over with a high school diploma or higher93.6 percent plus or minus 27.7
- Adults 25 and over with a bachelor degree or higher17.2 percent plus or minus 5.5
- Adults 25 and over with a graduate degree9.6 percent plus or minus 4.9
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Sherrard
Housing in Sherrard
- Housing units303 plus or minus 68
- Occupied units284 plus or minus 65
- Vacant units19 plus or minus 17
- Vacancy rate6.3 percent plus or minus 5.4
- Owner occupied263 plus or minus 63
- Renter occupied21 plus or minus 16
- Ownership rate92.6 percent
- Median owner-occupied home value$150,200
- Median gross rent, monthly$850
- Annual rent as a share of median income10.3 percent plus or minus 2.2
- Single family units295 plus or minus 69
- Share single family97.4 percent
- Units in buildings of two or more6 plus or minus 14
- Share in buildings of two or more2.0 percent plus or minus 4.7
- Mobile homes2 plus or minus 3
- Median year structure built1962
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Sherrard
How Sherrard gets to work
- Workers 16 and over who commute318 plus or minus 69
- Commuting under 15 minutes24 plus or minus 23
- Share commuting under 15 minutes7.5 percent plus or minus 6.9
- Commuting 30 minutes or more120 plus or minus 44
- Share commuting 30 minutes or more37.7 percent plus or minus 11.0
- Drove alone80.8 percent
- Carpooled7.9 percent plus or minus 5.0
- Public transport0.0 percent
- Walked0.8 percent plus or minus 1.4
- Worked from home10.4 percent plus or minus 7.8
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Sherrard
SBA loans in Sherrard (7(a))
- Approvals1
- Gross approval$10,000
- Average approval$10,000
- Median approval$10,000
- Ninetieth percentile approval$10,000
- Largest approval$10,000
- Jobs supported4
- Jobs per approval4.0
- Loans with a final outcome1
- Paid in full1
- Charged off0
- Median term120 months
- Share on real estate terms of 20 years or more0.0 percent
- Share to franchises0.0 percent
- Distinct lenders1
- Distinct industries by NAICS1
A charge-off rate is not published here. only 1 resolved loans, too few to publish a rate, and a rate over that few outcomes would move several points on one loan.
US Small Business Administration, 7(a) FOIA release, FY2020 to FY2026 year to date, as of 2026-06-30.
Sherrard
Flood risk in Sherrard
- Listed NFIP communities1
- Of those, participating0
- NFIP community number171262
- Currently effective map date04/19/10
This community carries no Community Rating System class, so no CRS premium discount applies to it.
FEMA, National Flood Insurance Program Community Status Book, Community Status Book, as retrieved.
Mercer County, not Sherrard
Mercer County context, not Sherrard figures
These are Mercer County figures. There is no place level equivalent published for any of them, so they are shown as the county backdrop and never as Sherrard measurements.
- Establishments in Mercer County258
- Employment at those establishments, Mercer County2,200
- Covered employment, Mercer County2,968
- Average annual pay, Mercer County$43,706
- Average weekly wage, Mercer County$840
- Housing units permitted, Mercer County16
- Of those, single family, Mercer County16
- County product, 2024, Mercer County$589,642,000
- County product change over the prior year, Mercer County7.2 percent
- Average income of an arriving household, Mercer County$53,796
Every figure in this section is published for Mercer County as a whole and is not a measurement of Sherrard. It is here because a county backdrop is what a credit committee reads a place against, and it is labelled so that it can never be quoted as the place's own.
US Census Bureau, County Business Patterns, 2023. US Bureau of Labor Statistics, Quarterly Census of Employment and Wages, 2024 annual averages. US Census Bureau, Building Permits Survey, 2024 annual. US Bureau of Economic Analysis, Regional, table CAGDP2, CAGDP2, through 2024. US Internal Revenue Service, Statistics of Income county migration flows, 2021 to 2022 filing years.
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.
- Parcel level detail, zoning and flood zone at an address are resolved in the platform, not on this page.
SBA figures count approvals to borrowers whose address is in the place. They are not approvals for projects inside the place boundary: the tape records a borrower city and a project county, and those can differ.
Common questions
Sherrard questions, answered from the record.
How many people live in Sherrard, Illinois?
691, in 284 households. Sherrard village covers 0.93 square miles of land, which is 745 people per square mile. Source: US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
What county is Sherrard in?
Mercer County, which holds 100.0 percent of the place by area. Source: US Census Bureau, cartographic boundary file, places, 2024 vintage.
What is the median household income in Sherrard?
$98,750. The median owner-occupied home is valued at $150,200. Median gross rent is $850 per month. Source: US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
How much SBA lending goes to Sherrard businesses?
1 7(a) approvals totalling $10,000, across 1 lenders, median approval $10,000. These count approvals to borrowers whose address is in Sherrard, not projects sited inside the place boundary, and they are approvals recorded in the release rather than loans disbursed.
Do SBA loans to Sherrard borrowers get paid back?
No rate is published for Sherrard. only 1 resolved loans, too few to publish a rate, and a percentage over that few outcomes would move several points on a single loan. The counts are shown instead.
Is Sherrard in the National Flood Insurance Program?
It is listed but not shown as participating. Sherrard appears in the FEMA Community Status Book as community 171262, with no Community Rating System class, so no CRS discount applies. Whether a specific parcel sits in a mapped special flood hazard area is an address level question the platform answers.
Are the county figures on this page Sherrard figures?
No, and they are labelled so. County Business Patterns, QCEW, the Building Permits Survey, BEA product and IRS migration are published for Mercer County as a whole and there is no place level equivalent. They appear in one clearly marked section as context and are never presented as measurements of Sherrard.
Is zoning published for Sherrard?
Not yet. The zoning layer is in build. Nothing on this page presents parcel level zoning.
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