Sheridan County, Wyoming: commercial real estate data.
Sheridan County, Wyoming had an estimated 32,978 residents on July 1, 2024, up 6.6 percent since the 2020 census base of 30,922, across 2,524 square miles. 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 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 2020-202432,055
- 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-equivalents, Puerto Rico included1421st of 3,222
Sheridan County is the 7th largest of 23 Wyoming counties by population. A median home costs 5.5 times median household income, which is severely unaffordable by national standards. 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 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, 202432,978
- Census 2020 base population30,922
- Population change since the 2020 census base6.65 percent
- Population change, 2023 to 2024397
- 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 of 3,144
The county has grown 6.65 percent since the 2020 census base. The population grew in 2024 from both sources: births exceeded deaths and more people moved in than left.
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 arriving1,042
- People arriving, from those returns1,870
- Tax returns filed by households leaving826
- Net household movement216
- Adjusted gross income arriving$124.7 m
- Net adjusted gross income movement$73.5 m
- Average income of an arriving household$119,666
- Average income of a leaving household$61,962
- Largest single originCampbell County (40 households)
- Largest single destinationJohnson County (43 households)
| Origin | Households | People | Adjusted gross income |
|---|---|---|---|
| Campbell County | 40 | 71 | $4.1 m |
| Johnson County | 37 | 70 | $1.6 m |
| Albany County | 31 | 43 | $1.3 m |
| Natrona County | 31 | 49 | $2.1 m |
| Yellowstone County | 28 | 48 | $2.8 m |
| Laramie County | 27 | 54 | $4.3 m |
| Maricopa County | 20 | 33 | $894,000 |
Households arriving report $57,704 more average income than households leaving, so the migration is raising local spending power rather than just moving it around. The largest single source of arrivals is Campbell County, 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 is the Sheridan County economy?
- 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 the Wyoming areas BEA publishes7th of 23
- Rank by GDP among the US county areas BEA publishes1169th of 3,127
- 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
Employment by industry in Sheridan County
- Covered employment, annual average14,406
- Establishments reporting1,749
- Average annual pay$56,893
- Average weekly wage$1,094
- Retail trade, employment1,739
- Retail trade, average annual pay$38,955
- Health care and social assistance, employment1,466
- Health care and social assistance, average annual pay$41,772
- Construction, employment1,431
- Construction, average annual pay$63,159
- Accommodation and food services, employment1,334
- Accommodation and food services, average annual pay$24,678
- Manufacturing, employment929
- Professional, scientific and technical services, employment818
| Sector | Employment | Establishments | Average annual pay |
|---|---|---|---|
| Retail trade | 1,739 | 146 | $38,955 |
| Health care and social assistance | 1,466 | 234 | $41,772 |
| Construction | 1,431 | 217 | $63,159 |
| Accommodation and food services | 1,334 | 108 | $24,678 |
| Manufacturing | 929 | 43 | $56,758 |
| Professional, scientific and technical services | 818 | 263 | $80,578 |
| Other services, except public administration | 504 | 103 | $34,375 |
| Finance and insurance | 466 | 86 | $93,564 |
Retail trade is the largest private sector at 1,739 jobs, 12.1 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 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. 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, 2024323
- Declared construction value permitted$85.5 m
- Single family units authorized193
- Multifamily units authorized130
- Multifamily share of units40.2 percent
- Average declared value per unit$264,586
- Units authorized per 1,000 households23.3
Multifamily is 40.2 percent of units authorized, so the pipeline is being built for renters rather than buyers.
US Census Bureau, Building Permits Survey, 2024 annual.
Sheridan County
SBA loans in Sheridan County (7(a) and 504)
- 7(a) approvals recorded80
- 7(a) gross approval dollars$50.8 m
- Average 7(a) approval$635,038
- Median 7(a) approval$198,000
- 10th percentile approval$46,250
- 90th percentile approval$1,700,000
- 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
- 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)
- Combined SBA approval dollars, 7(a) FY2020 to FY2026 and 504 FY2010 to FY2026$73.9 m
The average approval of $635,038 sits well above the median of $198,000, pulled up by a few larger deals, so the median is the better guide to what a typical borrower here 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
SBA loan default and charge-off rates in Sheridan County
Do SBA loans in Sheridan County get paid back?
- Loans with a final outcome recorded15
- Paid in full10
- Charged off5
- Status: Cancelled26
- Status: Charged off5
- Status: Paid in full10
- Status: Exempt from disclosure37
- Status: Committed, not yet disbursed2
Only 15 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 lending5
- Sheridan, approvals75
- Estes Park, approvals2
- Suwanee, approvals1
- Banner, approvals1
- Ranchester, approvals1
| Borrower city | Approvals | Gross approval dollars |
|---|---|---|
| Sheridan | 75 | $49,551,100 |
| Estes Park | 2 | $595,400 |
| Suwanee | 1 | $451,500 |
| Banner | 1 | $125,000 |
| Ranchester | 1 | $80,000 |
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 large 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 boundary5
- 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.
Sheridan County
Flood risk in Sheridan County
- Participation of the county's own NFIP community Sheridan County, unincorporated areasParticipating, community 560047
- Communities in the county in the NFIP Community Status Book5
- Of those, participating in the NFIP5
- NFIP participation rate100.0 percent
- Best Community Rating System class in the county A lower CRS class is a larger flood insurance premium discount.Class 10
- Communities carrying a CRS class1
- Radon levels in Sheridan County, EPA zone predicted average indoor radon screening level greater than 4 pCi/LZone 1
The county's own community in the status book, unincorporated Sheridan County (community 560047), participates in the National Flood Insurance Program and carries no Community Rating System class, so no CRS premium discount applies there. 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. The best Community Rating System class among the county's communities is 10, which carries a flood insurance premium discount for policies written in that community. 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 2020-202432,055
- 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?
The Census Bureau estimates 32,978 residents on July 1, 2024 (US Census Bureau, Population Estimates Program, Vintage 2024). The American Community Survey 2020-2024 five-year estimate is 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's population growing?
The population has grown 6.65 percent since the 2020 census base of 30,922, to 32,978 on July 1, 2024. 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 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 employment by industry in Sheridan County?
Retail trade is the largest private sector at 1,739 jobs, 12.1 percent of covered employment. Covered employment averages 14,406 jobs at an average annual pay of $56,893, or $1,094 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?
80 7(a) approvals totaling $50.8 m since FY2020, across 33 lenders, with a median approval of $198,000, plus 43 504 approvals worth $23.1 m since FY2010. These are approvals recorded in the release, not loans disbursed.
How many building permits were issued in Sheridan County?
323 housing units were authorized 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 Campbell County, with 40 households. Arriving households report an average income of $119,666 against $61,962 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?
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.
9 Census places lie wholly or partly in Sheridan County. All 9 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 |
|---|---|---|---|---|
| Sheridan | city | 19,285 | 75 | Wholly in this county |
| Ranchester | town | 1,277 | 1 | Wholly in this county |
| Story | CDP | 1,054 | None recorded | Wholly in this county |
| Dayton | town | 992 | None recorded | Wholly in this county |
| Powder Horn | CDP | 702 | None recorded | Wholly in this county |
| Parkman | CDP | 389 | None recorded | Wholly in this county |
| Big Horn | CDP | 259 | None recorded | Wholly in this county |
| Clearmont | town | 104 | None recorded | Wholly in this county |
| Arvada | CDP | 10 | None recorded | Wholly in this county |
A further 4 of the county's 80 SBA 7(a) approvals are to borrowers in cities that match no Census place in Sheridan County, the largest being Estes Park (2), Suwanee (1), Banner (1). Those are postal cities, unincorporated areas and cities outside the county, so no place row claims them; they are counted in the county total above.
Nearby