Sherrill, IA
Population 185 · Iowa
About Sherrill, IA
Sherrill is a small community located in Iowa with a population of 185 residents according to the latest US Census Bureau American Community Survey data. The median household income is $91,250 per year, which is 21% above the national median of $75,149. The median age of 44.6 years is notably older the US median age of 38.9 years, suggesting a more established community with a higher proportion of long-term residents.
Housing Market Overview
The housing market in Sherrill features a median home value of $214,700, which is 12% below the national median of $244,900. This positions Sherrill in a moderately priced market relative to the rest of the country. Median monthly rent is $825, 29% below the national average of $1,163/month. Of the 81 total housing units, 86% are owner-occupied (64 units) and 14% are renter-occupied (10 units). The high homeownership rate suggests a stable, established residential community.
Economy & Employment
The local economy in Sherrill shows an unemployment rate of 0.0%, which is lower than the national rate of 3.7%, indicating a relatively strong job market. The poverty rate stands at 6.5%, below the national average of 12.4%, reflecting generally favorable economic conditions. Workers in Sherrill have an average one-way commute time of 28.5 minutes.
Education & Demographics
16.0% of Sherrill residents aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. The lower educational attainment rate may reflect the area's industry mix, with more employment in trades, manufacturing, or agricultural sectors. The community's demographic composition includes 0.0% White, 1.1% Hispanic or Latino, 0.0% Black or African American, and 0.0% Asian residents, with 0.0% of the population being foreign-born.
Cost of Living in Sherrill, IA
Compared to national averages, Sherrill has a median household income of $91,250 (21% above the national median of $75,149). Home values average $214,700, which is 12% below the national median. Monthly rent at $825 is 29% below the US average of $1,163. Within Iowa, Sherrill's income is 34% above the state average of $67,947, and home values are 62% above the state median of $132,237.
Why Live in Sherrill, IA?
Sherrill offers a strong local economy with a median household income of $91,250, well above the national average, and affordable housing with a median home value of $214,700, below the US average of $244,900, and rent that’s lower than the national average at $825/month. Additionally, the city features a strong job market with an unemployment rate of just 0.0%, and a low poverty rate of 6.5%, better than the national average.
Sherrill has a population of 185 with a median age of 44.6 years. Compare Sherrill with other cities to see how it stacks up, or explore all cities in Iowa.
Similar Cities Near Sherrill
Cities in Iowa with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Bentley | 185 | $0 | $188,800 | Compare |
| Fostoria | 184 | $83,125 | $150,900 | Compare |
| Reasnor | 184 | $71,250 | $92,900 | Compare |
| St. Lucas | 186 | $75,000 | $112,500 | Compare |
| Woden | 184 | $52,083 | $72,100 | Compare |
| Mount Auburn | 183 | $76,250 | $109,400 | Compare |
| Oakland Acres | 187 | $111,250 | $248,800 | Compare |
| Woolstock | 183 | $87,857 | $84,500 | Compare |
Demographics
Racial & Ethnic Composition
Economy & Education
Housing
Other Cities in Iowa
Data source: US Census Bureau ACS 5-Year Estimates. Last updated: 2026-04-05.
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Frequently Asked Questions about Sherrill
What is the population of Sherrill, IA?
The population of Sherrill, IA is 185 according to the latest US Census Bureau American Community Survey estimates. This makes it a small community in Iowa.
What is the median household income in Sherrill?
The median household income in Sherrill, IA is $91,250 per year, which is 21% above the national median of $75,149.
What is the median home value in Sherrill?
The median home value in Sherrill, IA is $214,700, which is 12% below the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Sherrill?
The median monthly rent in Sherrill, IA is $825, which is 29% below the national average of $1,163/month.
What is the unemployment rate in Sherrill?
The unemployment rate in Sherrill, IA is 0.0%, compared to the national average of 3.7%. This lower-than-average rate suggests a relatively healthy local job market.
Is Sherrill, IA a good place to live?
Sherrill offers above-average incomes, affordable housing, and a strong job market. With a population of 185 and a median age of 44.6, the city appeals to a broad range of residents.
How educated is Sherrill, IA?
16.0% of residents in Sherrill aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. The educational profile reflects the area's industry mix and employment landscape.
What is the cost of living in Sherrill?
Key cost-of-living indicators for Sherrill, IA: median home value is $214,700 (12% below national), median rent is $825/month, and median household income is $91,250. The home-value-to-income ratio is 2.4x, indicating relatively affordable housing relative to local incomes.
What is the poverty rate in Sherrill?
The poverty rate in Sherrill, IA is 6.5%, compared to the national average of 12.4%. This below-average poverty rate reflects generally favorable economic conditions in the community.
How diverse is Sherrill, IA?
Sherrill's population is 0.0% White, 1.1% Hispanic or Latino, 0.0% Black or African American, 0.0% Asian, and 0.0% two or more races. 0.0% of residents are foreign-born.