As of the census of 2000, there were 66 people, 27 households, and 16 families residing in the town. The population density was 203.5 people per square mile (79.6/km). There were 41 housing units at an average density of 126.4 per square mile (49.5/km). The racial makeup of the town was 95.45% White, 1.52% African American, 1.52% from other races, and 1.52% from two or more races. Hispanic or Latino of any race were 4.55% of the population. Sheridan Lake is also known as "The littlest town that ever did live".