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The total population of Sherrard is estimated to be 766 with 433 males (56.53%) and 333 females (43.47%). There are 100 less females than males in Sherrard.
The median household income in Sherrard was $80,489 in 2021, which marked an an increase of 8,796(12.27%) from $71,693 in 2020. This income is 107.89% of the U.S. median household income of $74,606 (all incomes in 2022 inflation-adjusted dollars).
Per the latest American Community Survey by the Census Bureau, Sherrard sees its highest median household income among householders in the age group of 25 to 44 years old, at $93,229. Overall, the median household income for the village of Sherrard stands at $80,489.
In Sherrard, the median income for all workers aged 15 years and older, regardless of work hours, was $44,752 for males and $26,777 for females. However, when specifically considering full-time, year-round workers within the same age group, the median income was $58,910 for males and $41,773 for females.
In Sherrard, population is primarily represented by White households, reporting a median income of $78,366.
In 2022, the population of Sherrard was 690, a 0.43% decrease year-by-year from 2021. Previously, in 2021, Sherrard's population was 693, a decline of 0.00% compared to a population of 693 in 2020.
The median age in Sherrard, IL is 42.1, as per 2021 ACS 5-Year Estimates. Of the total population, 10.58% were under the age of 15, 24.93% aged 15 to 29, 47.68% aged 30 to 64, 16.09% aged 65 to 84, and 0.72% were 85 years of age and older.
Racial distribution of Sherrard population: 90% are White, 6.38% are some other race and 3.62% are multiracial.