The 1994–95 Southern Football League season was the 92nd in the history of the league, an English football competition.
Hednesford Town won the Premier Division and earned promotion to the Football Conference. Solihull Borough, Sittingbourne, Trowbridge Town and Corby Town were relegated to the Midland and Southern Divisions, whilst Newport, Salisbury City, Ilkeston Town and Baldock Town were promoted to the Premier Division, the former two as champions.
The clubs finishing bottom of the Midland and Southern Divisions, Armitage and Burnham, were relegated to level eight leagues.
The Premier Division consisted of 22 clubs, including 17 clubs from the previous season and five new clubs:
| Competition: | Southern Football League Premier Division |
| Season: | 1994–95 |
| Winners: | Hednesford Town |
| Promoted: | Hednesford Town |
| Relegated: | Corby Town Sittingbourne Solihull Borough Trowbridge Town |
| Matches: | 462 |
| Total Goals: | 1361 |
| Prevseason: | 1993–94 |
| Nextseason: | 1995–96 |
The Midland Division consisted of 22 clubs, including 17 clubs from the previous season and five new clubs:
| Competition: | Southern Football League Midland Division |
| Season: | 1994–95 |
| Winners: | Newport |
| Promoted: | Ilkeston Town Newport |
| Relegated: | Armitage 90 |
| Matches: | 462 |
| Total Goals: | 1516 |
| Prevseason: | 1993–94 |
| Nextseason: | 1995–96 |
The Southern Division consisted of 22 clubs, including 17 clubs from the previous season and five new clubs:
| Competition: | Southern Football League Southern Division |
| Season: | 1994–95 |
| Winners: | Salisbury City |
| Promoted: | Baldock Town Salisbury City |
| Relegated: | Burnham |
| Matches: | 462 |
| Total Goals: | 1477 |
| Prevseason: | 1993–94 |
| Nextseason: | 1995–96 |