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Sherman, Mississippi

Last updated: 2024 BLS data · Page refreshed:

City Profile — Demographics, Income, Education & Housing
Data: U.S. Census Bureau, American Community Survey 2024 5-Year Estimates
545
Population
$52,404
Median Income
$158,900
Home Value
34.5
Median Age

Demographics

Sherman has a population of 545 with a median age of 34.5. Here is the racial and ethnic breakdown of the population:

White
83.3%
Black
12.3%
Other
3.7%
Hispanic
0.7%
Demographic Value
Total Population545
Median Age34.5
White83.3%
Black or African American12.3%
Hispanic or Latino0.7%
Other / Two or More Races3.7%
Sherman, Mississippi — racial composition (Census ACS 2024)Donut chart of 4 segments totaling 100.White: 83.3%Black: 12.3%Other: 3.7%Other: 0.7%545PopulationWhiteWhite83.3%BlackBlack12.3%OtherOther3.7%OtherOther0.7%

Income & Economy

The median household income in Sherman is $52,404, which is 35.0% below the national median of $80,610. The per capita income is $28,140. The poverty rate is 22.8%.

$52,404
Median Household Income
$28,140
Per Capita Income
22.8%
Poverty Rate

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Education

In Sherman, 92.3% of residents age 25+ have a high school diploma or higher, and 14.2% hold a bachelor's degree or higher (4.4% with a graduate or professional degree).

HS Diploma+
92.3%
Bachelor's+
14.2%
Graduate+
4.4%
Education Level % of Adults (25+)
High School Diploma or Higher92.3%
Bachelor's Degree or Higher14.2%
Graduate or Professional Degree4.4%

Housing

The median home value in Sherman is $158,900, below the national median of $303,400. The median monthly rent is $982. The homeownership rate is 58.1%.

$158,900
Median Home Value
$982/mo
Median Rent
58.1%
Homeownership Rate
Housing Metric Value
Median Home Value$158,900
Median Monthly Rent$982
Homeownership Rate58.1%
Vacancy Rate16.5%

Salaries in Mississippi

Explore salary data for popular occupations in Mississippi:

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Other Cities in Mississippi

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Frequently Asked Questions

What is the population of Sherman, Mississippi?
The population of Sherman, Mississippi is 545 according to U.S. Census Bureau ACS 2024 5-Year Estimates.
What is the median household income in Sherman, Mississippi?
The median household income in Sherman, Mississippi is $52,404. This is 35.0% below the national median of $80,610.
What is the median home value in Sherman, Mississippi?
The median home value in Sherman, Mississippi is $158,900. The median monthly rent is $982.
What percentage of people in Sherman have a college degree?
In Sherman, Mississippi, 14.2% of adults age 25 and older hold a bachelor's degree or higher, and 92.3% have a high school diploma or higher.
Is Sherman, Mississippi an affordable place to live?
The home price-to-income ratio in Sherman, Mississippi is 3.0x (median home value $158,900 vs. median income $52,404), making it relatively affordable by that measure. A ratio under 4.0 is generally considered affordable.

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