Last updated: 2024 BLS data · Page refreshed:
Sherman has a population of 46,397 with a median age of 35.3. Here is the racial and ethnic breakdown of the population:
| Demographic | Value |
|---|---|
| Total Population | 46,397 |
| Median Age | 35.3 |
| White | 67.2% |
| Black or African American | 9.5% |
| Asian | 2.5% |
| Hispanic or Latino | 21.2% |
The median household income in Sherman is $58,859, which is 27.0% below the national median of $80,610. The per capita income is $33,342. The poverty rate is 12.7%.
The unemployment rate in Sherman is 3.7%, compared to the national rate of 4.1%.
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In Sherman, 88.8% of residents age 25+ have a high school diploma or higher, and 24.2% hold a bachelor's degree or higher (8.8% with a graduate or professional degree).
| Education Level | % of Adults (25+) |
|---|---|
| High School Diploma or Higher | 88.8% |
| Bachelor's Degree or Higher | 24.2% |
| Graduate or Professional Degree | 8.8% |
The median home value in Sherman is $243,500, below the national median of $303,400. The median monthly rent is $1,324. The homeownership rate is 52.7%.
| Housing Metric | Value |
|---|---|
| Median Home Value | $243,500 |
| Median Monthly Rent | $1,324 |
| Homeownership Rate | 52.7% |
| Vacancy Rate | 7.8% |
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