Sheridan County, Montana: commercial real estate data.
Sheridan County, Montana had an estimated 3,448 residents on July 1, 2024, down 2.7 percent since the 2020 census base of 3,542, across 1,677 square miles. County output reached $240.8 m in 2024, 152 establishments operate here, and the SBA record carries 2 7(a) approvals worth $475,000 since FY2020.
Underlined figures are computed by MMCG Analytics, not published by the agency.
Sheridan County
How many people live in Sheridan County
- Population, American Community Survey 2020-20243,669
- Households1,476
- Average household size2.49
- Median household income$70,147
- Median age43.1
- Median gross rent$746 per month
- Median owner-occupied home value$124,000
- Home value to household income1.8 times
- Annual rent as a share of median income12.8 percent
- Adults 25 and over with a bachelor degree or higher26.2 percent
- Adults 25 and over with a graduate degree6.6 percent
- Adults 25 and over2,625
- Population under 18802
- Share under 1821.9 percent
- Population 65 and over833
- Share 65 and over22.7 percent
- Working age population, 18 to 642,034
- Civilian labor force1,848
- Unemployment rate2.1 percent
- Labor force participation, adults 18 and over64.5 percent
- Rank by population among Montana counties40th of 56
- Rank by population among US county-equivalents, Puerto Rico included2989th of 3,222
Sheridan County is the 40th largest of 56 Montana counties by population. A median home costs 1.8 times median household income, which is affordable by national standards. Residents 65 and over outnumber those under 18, at 22.7 percent against 21.9 percent, which points demand at health care, services and single story product rather than schools.
US Census Bureau, American Community Survey 5-Year Estimates, 2020-2024 5-year.
Sheridan County
Is Sheridan County's population growing?
- Population, July 1, 20243,448
- Census 2020 base population3,542
- Population change since the 2020 census base-2.65 percent
- Population change, 2023 to 2024-42
- Births, 202434
- Deaths, 202475
- Natural change, 2024-41
- Net domestic migration, 2024-5
- Net international migration, 20243
- Total net migration, 2024-2
- Cumulative net domestic migration, 2021 to 20246
- Rank by growth among US county-equivalents2672nd of 3,144
The county has lost 2.65 percent of its population since the 2020 census base. The population fell in 2024 from both sources: deaths exceeded births and more people left than moved in.
US Census Bureau, Population Estimates Program, Vintage 2024, Vintage 2024, estimates 2020 to 2024.
Sheridan County
Where are people moving to Sheridan County from?
- Tax returns filed by households arriving82
- People arriving, from those returns164
- Tax returns filed by households leaving63
- Net household movement19
- Adjusted gross income arriving$5.0 m
- Net adjusted gross income movement$946,000
- Average income of an arriving household$61,280
- Average income of a leaving household$64,746
| Origin | Households | People | Adjusted gross income |
|---|
Households arriving report $3,466 less average income than households leaving, which drains spending power even where headcount holds up.
US Internal Revenue Service, Statistics of Income county migration flows, 2021 to 2022 filing years.
Sheridan County
What is the Sheridan County economy?
- County GDP, 2024$240.8 m
- County GDP, 2023$206.9 m
- GDP change, 2023 to 202416.4 percent
- GDP change over five years26.1 percent
- Rank by GDP among the Montana areas BEA publishes38th of 56
- Rank by GDP among the US county areas BEA publishes2817th of 3,127
- GDP per resident$65,638
Output grew 16.4 percent in the latest year and 26.1 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
Employment by industry in Sheridan County
- Covered employment, annual average1,276
- Establishments reporting224
- Average annual pay$48,594
- Average weekly wage$935
- Retail trade, employment162
- Retail trade, average annual pay$32,604
- Wholesale trade, employment108
- Wholesale trade, average annual pay$62,140
- Finance and insurance, employment56
- Finance and insurance, average annual pay$54,869
- Other services, except public administration, employment44
- Other services, except public administration, average annual pay$16,274
- Agriculture, forestry, fishing and hunting, employment42
- Mining, quarrying, and oil and gas extraction, employment37
| Sector | Employment | Establishments | Average annual pay |
|---|---|---|---|
| Retail trade | 162 | 20 | $32,604 |
| Wholesale trade | 108 | 15 | $62,140 |
| Finance and insurance | 56 | 13 | $54,869 |
| Other services, except public administration | 44 | 18 | $16,274 |
| Agriculture, forestry, fishing and hunting | 42 | 20 | $68,225 |
| Mining, quarrying, and oil and gas extraction | 37 | 17 | $60,153 |
| Real estate and rental and leasing | 30 | 4 | $76,325 |
| Professional, scientific and technical services | 26 | 12 | $61,276 |
Retail trade is the largest private sector at 162 jobs, 12.7 percent of covered employment.
US Bureau of Labor Statistics, Quarterly Census of Employment and Wages, 2024 annual averages.
Sheridan County
How many businesses are in Sheridan County?
- Establishments, all industries152
- Employment at those establishments832
- Annual payroll$36.9 m
- Establishments per 1,000 residents41.4
These are counts of establishments physically operating in the county, not listings, so they are the supply side a feasibility study measures demand against. County Business Patterns counts private establishments with paid employees in March 2023, while the Quarterly Census of Employment and Wages above counts every unemployment-insured employer, public ones included, as a 2024 annual average, so the two establishment and employment counts differ.
US Census Bureau, County Business Patterns, 2023.
Sheridan County
Building permits in Sheridan County
- Housing units authorized by permit, 20240
- Declared construction value permitted$0
- Single family units authorized0
- Multifamily units authorized0
No residential units were authorized by permit in 2024. In a small county this is common and is not by itself a sign of distress, but it does mean there is no recent residential pipeline to read demand from.
US Census Bureau, Building Permits Survey, 2024 annual.
Sheridan County
SBA loans in Sheridan County (7(a) and 504)
- 7(a) approvals recorded2
- 7(a) gross approval dollars$475,000
- Average 7(a) approval$237,500
- Median 7(a) approval$237,500
- Largest single approval$300,000
- Jobs reported supported, 7(a)8
- Jobs per approval4.0
- Distinct 7(a) lenders active2
- Distinct industries receiving approvals2
- Median 7(a) term210 months
- Share of loans on real estate terms, 240 months or longer50.0 percent
- Loans on real estate terms1
- Loans on working capital terms, 120 months or shorter1
- Franchise loans0
- Franchise share of approvals0.0 percent
US Small Business Administration, 7(a) FOIA release, FY2020 to FY2026 year to date, as of 2026-06-30.
Sheridan County
SBA loan default and charge-off rates in Sheridan County
Do SBA loans in Sheridan County get paid back?
- Loans with a final outcome recorded0
- Paid in full0
- Charged off0
- Status: Exempt from disclosure2
Only 0 loans have reached a final outcome, fewer than the 30 a charge-off rate needs, so no rate is published.
Compare against the national and state SBA charge-off rates, computed the same way over resolved loans only.
US Small Business Administration, 7(a) FOIA release, FY2020 to FY2026 year to date, as of 2026-06-30.
Sheridan County
SBA lending by place in Sheridan County
- Borrower cities with recorded lending2
- Antelope, approvals1
- Westby, approvals1
| Borrower city | Approvals | Gross approval dollars |
|---|---|---|
| Antelope | 1 | $300,000 |
| Westby | 1 | $175,000 |
US Small Business Administration, 7(a) FOIA release, FY2020 to FY2026 year to date, as of 2026-06-30.
Sheridan County
How large is Sheridan County?
- Land area1,677 sq mi
- Rank by land area among Montana counties41st of 56
- Width, east to west46.1 mi
- Height, north to south42.2 mi
- Geographies sharing a boundary4
- Residents per square mile of land2
- Establishments per square mile0.09
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.
Sheridan County
Flood risk in Sheridan County
- Communities in the county in the NFIP Community Status Book1
- Of those, participating in the NFIP1
- NFIP participation rate100.0 percent
- Communities carrying a CRS class0
- Radon levels in Sheridan County, EPA zone predicted average indoor radon screening level greater than 4 pCi/LZone 1
The EPA places Sheridan County in radon zone 1, a predicted average indoor radon screening level greater than 4 pCi/L. The zone is a screening prediction for the county and does not substitute for a test at an address. 100.0 percent of the county's listed communities participate in the National Flood Insurance Program, per Federal Emergency Management Agency, NFIP Community Status Book (OpenFEMA), as of 2026-09-26.
Federal Emergency Management Agency, NFIP Community Status Book (OpenFEMA), as of 2026-09-26. US EPA, Map of Radon Zones, county spreadsheet, 2024-05 publication, EPA 402/A-16/001.
Coverage
What this page does not hold.
Traffic counts, zoning and the flood zone at an address are not on this page; they resolve at the address in the platform. How this page was built →
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.
- Population, American Community Survey 2020-20243,669
- Households1,476
- Average household size2.49
- Median household income$70,147
- Median age43.1
Common questions
Sheridan County questions, answered from the record.
How many people live in Sheridan County, Montana?
The Census Bureau estimates 3,448 residents on July 1, 2024 (US Census Bureau, Population Estimates Program, Vintage 2024). The American Community Survey 2020-2024 five-year estimate is 3,669, in 1,476 households, ranking 40th of 56 Montana counties. Source: US Census Bureau, American Community Survey 5-Year Estimates, 2020-2024 5-year.
Is Sheridan County's population growing?
The population has fallen 2.65 percent since the 2020 census base of 3,542, to 3,448 on July 1, 2024. In 2024 there were 34 births against 75 deaths, with net migration of -2. Source: US Census Bureau, Population Estimates Program, Vintage 2024, Vintage 2024, estimates 2020 to 2024.
What is the median household income in Sheridan County?
$70,147. The median owner-occupied home is valued at $124,000, which is 1.8 times income, and median gross rent is $746 per month. Source: US Census Bureau, American Community Survey 5-Year Estimates, 2020-2024 5-year.
How many businesses are in Sheridan County?
152 establishments, employing 832 people with an annual payroll of $36.9 m. These are establishments physically operating in the county, not listings. Source: US Census Bureau, County Business Patterns, 2023.
What is employment by industry in Sheridan County?
Retail trade is the largest private sector at 162 jobs, 12.7 percent of covered employment. Covered employment averages 1,276 jobs at an average annual pay of $48,594, or $935 a week. Source: US Bureau of Labor Statistics, Quarterly Census of Employment and Wages, 2024 annual averages.
How much SBA lending happens in Sheridan County?
2 7(a) approvals totaling $475,000 since FY2020, across 2 lenders, with a median approval of $237,500. These are approvals recorded in the release, not loans disbursed.
How many building permits were issued in Sheridan County?
No residential units were authorized by permit in 2024. 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.
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?
No. Nothing on this page presents parcel level zoning, and where a statutory framework applies it is marked as the statewide frame, to be confirmed locally.
Sheridan County
Cities and places in Sheridan.
8 Census places lie wholly or partly in Sheridan County. All 8 carry enough published place level data for a page of their own and are linked.
| Place | Type | Population | SBA 7(a) approvals, projects in this county | Lies in |
|---|---|---|---|---|
| Plentywood | city | 1,654 | None recorded | Wholly in this county |
| Westby | town | 290 | 1 | Wholly in this county |
| Medicine Lake | town | 213 | None recorded | Wholly in this county |
| Outlook | town | 51 | None recorded | Wholly in this county |
| Homestead | CDP | 27 | None recorded | Wholly in this county |
| Reserve | CDP | 19 | None recorded | Wholly in this county |
| Redstone | CDP | 4 | None recorded | Wholly in this county |
| Antelope | CDP | 0 | 1 | Wholly in this county |
Nearby