Housing data for Sheridan Charter Township, MI

Sheridan Charter Township, MI has an estimated 2,535 residents and 984 homes (US Census Bureau, 2020–2024 American Community Survey).

It is a township in Newaygo County.

8.7% of households rent.

The median gross rent is $1,016 a month.

Figures last updated on .

Residents
2,535 (±41)
Housing units
984 (±89)
Households that rent
8.7%
Median gross rent
$1,016
Residents since 2015–2019
−8.4%

What stands out in Sheridan Charter Township

Households that moved in since 2020: 9.7% (±4.2 points) in Sheridan Charter Township, lower than in Newaygo County (17.6%).

Homes built before 1980: 69.8% (±12.0 points) in Sheridan Charter Township, higher than in Newaygo County (53.3%).

Average commute: 21.4 minutes (±2.5) in Sheridan Charter Township, lower than in Newaygo County (30.6 minutes).

Households without a vehicle: 2.4% (±1.7 points) in Sheridan Charter Township, lower than in Newaygo County (4.7%).

Housing in Sheridan Charter Township at a glance

  • Median rent: $1,016 median gross rent a month (Small sample: wide margin of error)
  • Rent burden: 24.1% of renters pay 30% or more of income (Small sample: wide margin of error)
  • Renters and owners: 8.7% of households rent (Small sample: wide margin of error)
  • Income and affordability: $76,042 median household income
  • Home values: $183,300 median home value
  • Homeowner costs: $1,406 median monthly cost with a mortgage
  • Property taxes: $2,375 median real estate taxes a year
  • Types of homes: 0.0% of homes are in buildings of 5 or more units
  • Bedrooms: 75.0% of homes have 3 or more bedrooms
  • Age of homes: 69.8% of homes were built before 1980
  • Vacancy rate: 0.0% rental vacancy rate (Small sample: wide margin of error)
  • Heating fuel: 55.0% heat with utility gas
  • Commute and cars: 21.4 minutes average trip to work
  • Growth: −8.4% residents since 2015–2019
  • How long people stay: 9.7% moved in since 2020
  • Crowding and facilities: 0.6% of homes have more than 1 person per room (Small sample: wide margin of error)

Sheridan Charter Township against Newaygo County, its state and the nation

Estimate (90% margin of error)
Sheridan Charter TownshipNewaygo CountyMichiganUnited States
Residents2,535 (±41)50,792 (exact)10,077,761 (exact)334,922,499
Housing units984 (±89)24,931 (±72)4,622,236 (±795)143,775,355
Households that rent8.7% (±5.2 points)13.5% (±1.3 points)26.8% (±0.2 points)34.8%
Median gross rent$1,016 (±$180)$904 (±$61)$1,129 (±$4)$1,413
Median household income$76,042 (±$15,074)$63,304 (±$2,643)$72,875 (±$293)$80,734
Median home value$183,300 (±$11,656)$186,700 (±$7,057)$231,600 (±$642)$332,700
Median real estate taxes (a year)$2,375 (±$271)$2,055 (±$95)$2,904 (±$9)$3,119
Built before 198069.8% (±12.0 points)53.3% (±2.7 points)62.1% (±0.2 points)49.7%
Average commute21.4 minutes (±2.5)30.6 minutes (±1.2)24.2 minutes (±0.1)26.4 minutes
Households with broadband90.0% (±5.9 points)83.8% (±1.4 points)90.5% (±0.1 points)91.0%
Median age of residents38.6 years (±5.5)42.7 years (±0.4)40.2 years (±0.1)38.9 years

Sheridan Charter Township covers 32.9 square miles of land, about 77 residents per square mile (Census Bureau Gazetteer).

How Sheridan Charter Township has changed since 2015–2019

2015–2019 and 2020–2024 American Community Survey 5-year estimates
2015–20192020–2024Amount of changeVerdict
Residents2,767 (±356)2,535 (±41)−8.4%Not a measurable change
Housing units1,118 (±89)984 (±89)−12.0%Measurable decrease
Median gross rent$836 (±$66)$1,016 (±$180)+21.5%No measurable change after inflation
Median home value$155,500 (±$15,431)$183,300 (±$11,656)+17.9%No measurable change after inflation
Median household income$70,547 (±$5,547)$76,042 (±$15,074)+7.8%No measurable change after inflation
Median owner cost with a mortgage$1,191 (±$95)$1,406 (±$100)+18.1%No measurable change after inflation
Median real estate taxes$2,148 (±$169)$2,375 (±$271)+10.6%No measurable change after inflation
Households that rent7.7% (±3.7 points)8.7% (±5.2 points)+1.0 percentage pointsNot a measurable change
Rental vacancy rate5.8% (±8.8 points)0.0% (±30.0 points)−5.8 percentage pointsNot a measurable change

The Census Bureau publishes 2015–2019 dollars in 2019 dollars and 2020–2024 dollars in 2024 dollars.

Prices (the CPI-U, US Bureau of Labor Statistics) rose 22.7% between 2019 and 2024, so a dollar figure’s verdict compares the two after raising the earlier one by that much, using the Census Bureau’s test for a difference.

The two periods do not overlap, as the Census Bureau recommends for 5-year estimates.

ZIP codes in Sheridan Charter Township

ZIP Code Tabulation Areas that cover this place (2020–2024 estimates)
ZIP codeShare of the ZIP’s land in this placeResidentsMedian gross rentMedian home valueMedian household income
4941227%12,097$790$197,900$66,741

A ZIP code is a mail route rather than a boundary, so the Census Bureau publishes figures for ZIP Code Tabulation Areas built from census blocks; the share column says how much of each one’s land lies in this place.

Places near Sheridan Charter Township

Nearest places with Census figures, by straight-line distance
PlaceDistanceMedian gross rentMedian home valueHouseholds that rent
Fremont3.4 mi$730$194,70029.5%
Holton Township5.3 mi$1,115$186,3009.7%
Bridgeton Township5.6 mi—$183,1004.2%
Garfield Township (Newaygo County)6.2 mi$1,125$250,7005.6%
Dayton Township (Newaygo County)6.7 mi$979$251,90010.7%
Cedar Creek Township (Muskegon County)7.9 mi$820$224,6008.2%
Greenwood Township (Oceana County)8.0 mi$775$186,50013.6%
Ashland Township8.5 mi$993$179,8007.2%

Places in Michigan most like Sheridan Charter Township

PlaceMedian gross rentMedian home valueMedian household incomeHouseholds that rent
Sherman Township (Mason County)$1,133$177,100$75,50012.7%
Eckford Township$1,045$205,700$82,5007.6%
Pewamo$960$189,400$72,50011.7%
Bethany Township$875$172,400$80,4617.7%
Girard Township$1,018$242,400$77,91710.1%
Watertown Township (Sanilac County)$984$175,100$72,75010.6%

Matched on rent, home value, income, the share who rent, the age of the homes, the share in apartment buildings and the commute, each measured against the spread across Michigan.

HUD Fair Market Rent for Sheridan Charter Township, fiscal year 2027

Newaygo County, MI, dollars a month
Studio1 bedroom2 bedrooms3 bedrooms4 bedrooms
$733$786$1,028$1,423$1,445

HUD income limits for Sheridan Charter Township, fiscal year 2026

Newaygo County, MI, annual household income
Household sizeExtremely low (30%)Very low (50%)Low (80%)
1 person$17,600$29,300$46,850
2 people$21,640$33,450$53,550
3 people$27,320$37,650$60,250
4 people$33,000$41,800$66,900
5 people$38,680$45,150$72,300
6 people$44,360$48,500$77,650
7 people$50,040$51,850$83,000
8 people$55,200$55,200$88,350

These are the limits HUD sets for its housing programs in the Newaygo County, MI, where HUD’s median family income for fiscal year 2026 is $79,300.

A program can use its own limits; tax-credit and local programs often do.

Survey years: 2020–2024 (American Community Survey 5-year estimates), compared with 2015–2019.

Margins of error are at the 90% confidence level.

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Questions about Sheridan Charter Township

What is the median household income in Sheridan Charter Township?

The median household income in Sheridan Charter Township is $76,042 (±$15,074) a year (2020–2024 American Community Survey).

What is the average home value in Sheridan Charter Township, MI?

The Census Bureau publishes the median: $183,300 (±$11,656) for owner-occupied homes in Sheridan Charter Township (2020–2024 American Community Survey).

What is the average mortgage payment in Sheridan Charter Township?

The Census Bureau publishes total owner costs rather than the mortgage alone: the median for owners with a mortgage in Sheridan Charter Township, MI is $1,406 (±$100) a month, including taxes, insurance and utilities.

How much are property taxes in Sheridan Charter Township?

The median real estate tax paid by homeowners in Sheridan Charter Township, MI is $2,375 (±$271) a year (2020–2024 American Community Survey).

How many homes are in Sheridan Charter Township?

Sheridan Charter Township, MI has an estimated 984 (±89) housing units, occupied and vacant (2020–2024 American Community Survey).

What is the most common home size in Sheridan Charter Township?

The most common size is 3 bedrooms, 45.3% of homes in Sheridan Charter Township, MI.

Is Sheridan Charter Township growing?

In Sheridan Charter Township, the number of residents went from 2,767 in 2015–2019 to 2,535 in 2020–2024 (−8.4%), not a measurable change.

What ZIP codes are in Sheridan Charter Township?

The ZIP code that covers Sheridan Charter Township is 49412.

What is the median rent in ZIP code 49412?

The median gross rent in ZIP Code Tabulation Area 49412 is $790 (±$121) a month (2020–2024 American Community Survey).

Sources

To check these figures in the Census Bureau’s own API, request the variables below from the 2024 ACS 5-year data profile (acs/acs5/profile) for Sheridan charter township, Newaygo County, Michigan (county subdivision:73120, in state:26 county:123).

Each estimate (E or PE) has a margin of error beside it (M or PM).

The 2015–2019 figures are B01003_001E, B01003_001M, B25064_001E, B25064_001M from the 2019 release.

The API needs a free key.

Request a Census API key.

DP05_0001E, DP05_0001M, DP04_0001E, DP04_0001M, DP04_0047PE, DP04_0047PM, DP04_0134E, DP04_0134M, DP03_0062E, DP03_0062M, DP04_0089E, DP04_0089M

This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.

Figures are published by the US Census Bureau, HUD, the Bureau of Labor Statistics and the FBI; Seayora reproduces them and does not adjust them, except where a sentence says it compares dollar figures after inflation. They describe the whole place, not any one building or street, and are not an appraisal, a rent determination, a tax bill, a safety rating or legal advice.

Figures last updated on .

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