Sherrard, IL 61281 has a population of approximately 2,358 and experiences a population change rate of -9.83%. The population density is 61.1 / sq mi .
Sherrard, IL 61281 has a population of approximately 2,358 and experiences a population change rate of -9.83%. The population density is 61.1 / sq mi .
The median household income for Sherrard, IL 61281 is $73,083, with 965 households and an average household size of 2.48.
The median value of a home in Sherrard, IL 61281 is $204,500 with an appreciation rate of 8.30%. 82.74% of housing in the state is owned while 8.30% is rented.
The cost of living in Sherrard, IL 61281 is 91.6 %.
The unemployment rate in Sherrard, IL 61281 is 4.10%, and recent job growth is at -0.69%. Future job growth is projected at 29.01%.
The sales tax rate in Sherrard, IL 61281 is 7.25%, while the income tax rate is 4.95% .
School expenditures in Sherrard, IL 61281 are $14,843, and the school ratio is 12.1:1.
The average high temperature in July is 84.8 degrees, with an average low temperature in January of 14.5 degrees. The average rainfall is approximately 37.2 inches per year, with 27.8 inches of snow per year.