Sheridan County, WY at a glance
Median household income
$71,388$5,949 per month · U.S. Census Bureau ACS 5-YearHow much rent can you afford in Sheridan County, WY?
HUD’s fair market rent for each size, against what a typical household here earns. Change the income to see yours.
How much is rent in Sheridan County, WY? By bedroom, 2026
HUD's fiscal 2026 Fair Market Rents for Sheridan County, WY, with the income each one takes if rent stays under 30% of it.
| Unit Size | Monthly Rent | Annual Rent | 30% Rule Min. Income | % of Median Income |
|---|---|---|---|---|
| Studio / Efficiency | $855 | $10,260 | $34,200 | 14.4% |
| 1-Bedroom Apartment | $860 | $10,320 | $34,400 | 14.5% |
| 2-Bedroom ApartmentBenchmark | $1,129 | $13,548 | $45,160 | 19% |
| 3-Bedroom Home | $1,354 | $16,248 | $54,160 | 22.8% |
| 4-Bedroom Home | $1,891 | $22,692 | $75,640 | 31.8% |
Rent in Sheridan County, WY, with the wage each unit needs →
What a typical income covers in Sheridan County, WY
The 50/30/20 rule applied to the local median of $71,388 a year ($5,949 a month before tax).
What $71,388 leaves after Wyoming taxes
Federal income tax, Social Security, Medicare and Wyoming tax on the local median income. Change the salary to see yours.
Rent, jobs and pay in Wyoming
Living in Sheridan County, WY: common questions
What is the median household income in Sheridan County, WY?
According to the latest U.S. Census Bureau ACS 5-Year survey, the median household income in Sheridan County, WY is $71,388 per year (approximately $5,949 per month).
What is the average rent in Sheridan County, WY?
The closest official figure is HUD's Fair Market Rent for 2026: $855 for a studio, $860 for one bedroom, $1,129 for two, $1,354 for three and $1,891 for four, utilities included.
It is not an average of listings. HUD sets it at the rent 40% of recent movers paid or less for a standard unit, so a new lease on a nicer place will usually cost more.
Is Sheridan County, WY expensive to live in?
Prices there run 7.3% below the U.S. average. BEA's regional price parity for Wyoming is 92.7, where the U.S. is 100. Rent moves the number most: housing is where places differ, while goods cost about the same everywhere.
How much do you need to earn to comfortably afford rent in Sheridan County, WY?
To keep a $1,129 two-bedroom under 30% of gross income, a household needs about $45,160 a year, or $3,763 a month. That is 63% of what the typical household in Sheridan County, WY earns.
How much do you need to live comfortably in Sheridan County, WY?
On the local median income of $71,388 ($5,949 a month before tax), the 50/30/20 rule leaves $2,975 a month for needs like rent, utilities and groceries, $1,785 for everything else and $1,190 for savings or debt. A two-bedroom at $1,129 takes 38% of the needs share.
How much is the electric bill in Sheridan County, WY?
Homes in Wyoming paid 15.2¢ per kWh on average (EIA). At 900 kWh a month, a typical use, that is about $137. Your bill depends mostly on heating and cooling.