Sherman, MS demographics:
population, income, and more

Total population
545
5.8% year-over-year change
Median household income
$52,404/yr
-9.6% year-over-year change
Housing units
243
-2.8% year-over-year change

Sherman population

How many people live in Sherman

Sherman is home to 545 residents, according to the most recent Census data. Gender-wise, 39.1% of Sherman locals are male, and 60.9% are female.

Total population
545
5.8% year-over-year change
Gender ratio
Male
39.1%
213
Female
60.9%
332
Value Percent YoY change
Male 213 39.1% -0.5%
Female 332 60.9% 10.3%
A higher population often means more rental variety and livelier areas. The gender balance—how many men live here compared to women—can reveal a lot about the community and the lifestyles of its residents. Use this info to get a sense of the area's pace and personality.

Age demographics

The median age in Sherman is 34, with the population distributed as follows: about 21.1% are children under 15, then 11.9% are in the 15 to 24 age group. Adults between 25 and 44 make up 23.7% of the population, while another 27.7% fall into the 45 to 64 bracket. Finally, around 15.6% are 65 or older.

Median age
34.5
Age breakdown
Under 15
21.1%
15 to 24
11.9%
25 to 44
23.7%
45 to 64
27.7%
Over 65
15.6%
Value Percent YoY change
Under 15 115 21.1% 25.0%
15 to 24 65 11.9% 16.1%
25 to 44 129 23.7% 26.5%
45 to 64 151 27.7% -10.7%
Over 65 85 15.6% -11.5%
The age composition helps you get insight into who lives in the area. A younger population might mean a more active, fast-paced vibe, while an older one could suggest a quieter, slower lifestyle. If there's a balanced makeup, you’re likely to find a variety of services, housing types, and community spaces that cater to different life stages.

Racial makeup

In Sherman, 99.6% of the population are US-born citizens, while 0.2% have gained naturalized citizenship. At the same time, 0.2% of residents are non-citizens. There’s also a share of 4.4% that includes residents with two or more races.

Citizenship
U.S.-born citizens
99.6%
Non-U.S.-born citizens
0.2%
Non-citizens
0.2%
Value Percent YoY change
U.S.-born citizens 543 99.6% 6.5%
Non-U.S.-born citizens 1 0.2% -75.0%
Non-citizens 1 0.2% 0.0%
Racial breakdown
White
83.3%
Black or African American
12.3%
American Indian and Alaska Native
0%
Asian
0%
Native Hawaiian and other Pacific Islander
0%
Two or more races
4.4%
Other
0%
Value Percent
White 454 83.3%
Black or African American 67 12.3%
Two or more races 24 4.4%

Households in Sherman

A peek inside Sherman households

Sherman has 203 households, with an average of 3 members in each. Of these, 74.9% are families, while the remaining 25.1% are made up of individuals living alone or with non-relatives, such as roommates.

Households stats

Total households
203
-3.8% year-over-year change
Average people per household
3
Non-family households
51
Family households
152
Value Percent YoY change
Non-family households 51 25.1% -35.4%
Family households 152 74.9% 15.2%
The mix between family and non-family households gives a glimpse into daily life. A higher percentage of families might mean more parks and schools, while more non-family setups can mean flexible housing and diverse living styles. For renters, this can signal what kinds of homes are common and can help you figure out if the area matches your lifestyle.

Housing in Sherman

The housing landscape of Sherman

Sherman's housing consists of 243 units, with 68.7% being detached single-family homes ideal for those wanting space. Then there are the multifamily buildings in the area, and for those seeking flexibility, non-traditional options like mobile homes account for 9.5% of the housing landscape.

Housing units
243
-2.8% year-over-year change
Housing types
Value Percent
1 unit, detached 167 68.7%
2 units 19 7.8%
3 or 4 units 16 6.6%
10 to 19 units 3 1.2%
20 to 49 units 6 2.5%
50 or more units 9 3.7%
Mobile home 23 9.5%
Homes built since 2020
3
0.0% year-over-year change

The age of buildings in Sherman

In Sherman, the median construction year is 1984. Most development happened in the second half of the 20th century. Then, 17.3% of homes were added from 2000 to 2009, 3.3% between 2010 and 2019, and 1.2% are part of the newest wave of development.

Construction year breakdown by decade
Value Percent YoY change
Built in 1939 or earlier 34 14% 13.3%
Built between 1950 and 1959 8 3.3% -50.0%
Built between 1960 and 1969 35 14.4% -14.6%
Built between 1970 and 1979 28 11.5% -24.3%
Built between 1980 and 1989 40 16.5% -14.9%
Built between 1990 and 1999 45 18.5% 21.6%
Built between 2000 and 2009 42 17.3% 40.0%
Built between 2010 and 2019 8 3.3% -11.1%
Built in 2020 or later 3 1.2% 0.0%
As a renter, knowing when homes were built helps you understand the potential condition and design of rental units. Newer builds may have more contemporary layouts, while older homes can offer character or larger lots, depending on the area.

Sherman occupancy rates

Out of the 203 occupied housing units in Sherman, 58.1% are owner-occupied, while 41.9% are lived in by tenants. Meanwhile, 16.5% of all homes on the local market sit vacant.

Occupied housing units
203
-3.8% year-over-year change
Occupancy breakdown
Renter occupied
85
Owner occupied
118
Value Percent YoY
change
Renter occupied 85 41.9% 13.3%
Owner occupied 118 58.1% -13.2%
Unoccupied housing units
16.5%
Unoccupied housing units refer to homes that are currently without residents—whether they're waiting for renters or owners, used seasonally, or simply unclaimed. A higher share of empty homes may mean more housing availability, while a low number can reflect a tighter market with more competition. This, along with the renter-vs.-owner mix, helps paint a clearer picture of what types of housing and services are likely to be available in the area.

Sherman housing costs

Housing costs in Sherman come to a median of $886 per month, while tenants specifically pay a median gross rent of $982.

Median housing costs per month
$886/month
This figure sums up typical monthly housing costs for all households in the area. If you own, it includes mortgage payments in addition to property taxes, insurance and HOA fees. If you rent, it accounts for rent plus extras like utilities. It’s useful for seeing how local living expenses stack up compared to other places.
Median gross rent in Sherman
$982/month
Gross rent gives a more complete look at what renters actually pay, including not just base rent, but also utilities and fees. It’s a key number for evaluating rental affordability in your area of interest and understanding how it compares to nearby locations.

Education in Sherman

Sherman education at a glance

About 51.2% of the population in Sherman went to high school, while 16.4% pursued college studies. Another 17.6% earned an associate degree and 9.5% hold a bachelor’s. Meanwhile, 3.8% went even further, earning a master’s or doctorate.

Education level
Value Percent YoY change
No high school 6 1.4% -25.0%
High school diploma 215 51.2% 16.9%
College diploma 69 16.4% -27.4%
Associate degree 74 17.6% 10.4%
Bachelor's degree 40 9.5% -13.0%
Graduate degree 16 3.8% 23.1%
A community’s education mix can offer insights into the local economy and housing market. Higher levels of education often align with more job opportunities and stable incomes, which can increase demand for homes and influence both rent prices and rental availability.

Income in Sherman

How much people earn in Sherman

The average annual household income in Sherman was $72,302 in 2024, the most recent annual data available, according to the U.S. Census Bureau. This marked a +0.8% change from the previous year. At the same time, the median income stood at $52,404, reflecting a -9.6% shift over the same period.

Average household income in Sherman
$72,302/year
0.8% year-over-year change
Median household income in Sherman
$52,404/year
-9.6% year-over-year change

Sherman income by age

In Sherman, households led by residents aged 25 to 44 — usually in the early to mid stages of their careers — have a median income of $48,036. Those with someone between 45 and 64 in charge, often well established professionally, earn $54,063 overall. Overall, 78.5% of the locals in this community live above the poverty line.

Income breakdown by age
Value YoY change
25 - 44 $48,036 -0.1%
45 - 64 $54,063 -36.9%
Over 65 $71,364 7.7%
Above poverty level
421
Below poverty level
115
Value Percent YoY
change
Above poverty level 421 78.5% -5.0%
Below poverty level 115 21.5% 71.6%

Average renter income in Sherman

To get a better sense of what renters earn on average in Sherman, their median household income was $23,977 according to 2022 Census data. In addition, the rent-to-income ratio in the area, at 49.1%, shows what portion of their earnings goes toward housing expenses.

Renter median household income
$23,977
Rent-to-income ratio
49.1%
Understanding the rent-to-income ratio can help renters gauge if local housing costs align with their earnings. A ratio under 30% usually signals affordability, while exceeding this mark means rent is taking a larger-than-recommended bite out of income. That could make it harder for you to cover other costs like transportation, healthcare, or child care.

Employment in Sherman

Workforce and job types in Sherman

The job market in Sherman is powered by 259 working residents, spread across a range of industries and roles. 73.4% of the working population are employed in professional or administrative positions, while 26.6% are in hands-on or service-based jobs. Also, 5.4% run their own businesses, 62.6% are employed by private companies, and 23.9% work in the public sector.

Workforce demographics

Working population
259
2.4% year-over-year change
White collar
190
Blue collar
69
Value Percent YoY change
White collar 190 73.4% 8.0%
Blue collar 69 26.6% -10.4%
Employer type
Self employees
5.4%
Private companies
62.6%
Governmental workers
23.9%
Not for profit companies
8.1%
Value Percent YoY change
Self employees 14 5.4% 27.3%
Private companies 162 62.6% -9.0%
Governmental workers 62 23.9% 34.8%
Not for profit companies 21 8.1% 16.7%
Unemployment rate
6.2%
6.2% year-over-year change

Available workforce

The unemployment rate in Sherman stands at 6.2%, representing the share of the workforce currently without a job and actively looking for one.

For renters, the unemployment rate helps paint a picture of job security and financial stability in the area. Rates around 4% to 5% are considered typical. A lower-than-average rate might suggest strong job prospects and a thriving local economy, while a higher rate could hint at fewer opportunities—both useful to consider when planning a move.

Transportation in Sherman

How people get around in Sherman

Means of transportation
Value Percent YoY change
Car 251 100% 2.5%
Understanding how locals get to work can help you plan your own routine. High car usage might mean you’ll need a vehicle, while strong public transit or walkability could save you the hassle. Commute times also play a big role in quality of life—shorter trips can give you more time for the things you enjoy.

What is the median and average household income in Sherman by zipcode?

Zipcode Population Number of households Median income Average income
38869 259 98 $62,955 $76,547

Explore more communities

FAQs about Sherman demographics 

What is the total population of Sherman?

Sherman has a total population of 545 residents, according to the latest release from the U.S. Census Bureau: the 2019-2023 American Community Survey (ACS) 5-year estimates. This figure changed by +5.8% compared to a year ago.

What is the gender ratio in Sherman?

The gender ratio in Sherman is as follows:
  • 39.1% males (213 residents)
  • 60.9% females (332 residents)

What is the median age in Sherman?

The median age in Sherman is 34.5.

What is the age distribution of the population in Sherman?

The age distribution in Sherman is as follows:
  • Under 15: 21.1% (115 residents)
  • Ages 15-24: 11.9% (65 residents)
  • Ages 25-44: 23.7% (129 residents)
  • Ages 45-64: 27.7% (151 residents)
  • Over 65: 15.6% (85 residents)

What is the racial and ethnic makeup of Sherman?

The racial and ethnic makeup of Sherman is as follows:
  • White: 83.3% (454 residents)
  • Black or African American: 12.3% (67 residents)
  • American Indian and Alaska Native: 0% (0 residents)
  • Asian: 0% (0 residents)
  • Native Hawaiian and Other Pacific Islander: 0% (0 residents)
  • Two or More Races: 4.4% (24 residents)
  • Other: 0% (0 residents)

What percentage of the population in Sherman are U.S.-born citizens?

U.S.-born citizens represent 99.6% of the population in Sherman.

How many housing units are there in Sherman?

There are 243 housing units in Sherman, reflecting a -2.8% change compared to the previous year, according to the latest data from the U.S. Census Bureau.

How many households are in Sherman and what is the average household size?

Sherman has a total of 203 households, with an average of 3 people in each.

What is the median household income in Sherman?

Sherman has a median household income of $52,404, representing a -9.6% shift from the previous year, according to the U.S. Census Bureau.

What is the employment rate and job market overview for Sherman?

The employment rate is 93.8% in Sherman, with a workforce of 259 residents. Here’s a detailed breakdown of the local job market:

Job types:
  • White-collar workers: 73.4% (190 residents)
  • Blue-collar workers: 26.6% (69 residents)

Places of employment:
  • Self-employed: 5.4% (14 residents)
  • Private companies: 62.6% (162 residents)
  • Governmental workers: 23.9% (62 residents)
  • Not-for-profit companies: 8.1% (21 residents)

Data source & methodology

The demographic data on this page was sourced from the latest U.S. Census Bureau release—the 2019–2023 American Community Survey (ACS) 5-year estimates.

The information, issued annually, is compiled and published by the Point2Homes Research Team as soon as new data becomes available.

No representation, guarantee, or warranty is made concerning the accuracy or completeness of modified or aggregated information for particular areas.

Page last updated: September 2025