Sherman, TX
Population 45,036 · Texas
About Sherman, TX
Sherman is a mid-sized city in Texas with a population of 45,036 residents. The median household income is $60,935 per year, which is near the national average. The median age in Sherman is 35.5 years.
Housing in Sherman has a median home value of $219,300 and median monthly rent of $1,177. Of the 18,987 total housing units, the majority are owner-occupied, with 9,230 owner-occupied and 8,188 renter-occupied units.
The unemployment rate in Sherman is 3.3% and the poverty rate is 11.9%. 23.1% of residents hold a bachelor's degree or higher. The average commute time is 24.1 minutes.
Cost of Living in Sherman, TX
Compared to national averages, Sherman has a median household income of $60,935 (19% below the national median of $75,149). Home values average $219,300, which is 10% below the national median. Monthly rent at $1,177 is 1% above the US average of $1,163. Within Texas, Sherman's income is 16% below the state average of $72,726, and home values are 4% above the state median of $211,769.
Why Live in Sherman, TX?
Sherman offers affordable housing with a median home value of $219,300, below the US average of $244,900, and a strong job market with an unemployment rate of just 3.3%, and a low poverty rate of 11.9%, better than the national average. Additionally, the city features short commute times averaging just 24.1 minutes.
Potential considerations include median household income ($60,935) that falls below the national average. However, Sherman’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Sherman has a population of 45,036 with a median age of 35.5 years. Compare Sherman with other cities to see how it stacks up, or explore all cities in Texas.
Similar Cities Near Sherman
Cities in Texas with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| The Colony | 44,916 | $111,090 | $355,100 | Compare |
| Keller | 45,598 | $172,654 | $557,700 | Compare |
| Haltom City | 45,681 | $56,156 | $194,600 | Compare |
| Waxahachie | 43,591 | $82,449 | $307,900 | Compare |
| Channelview | 43,536 | $65,775 | $186,300 | Compare |
| Huntsville | 46,917 | $45,401 | $225,800 | Compare |
| Schertz | 43,128 | $96,633 | $292,100 | Compare |
| Coppell | 42,029 | $139,227 | $525,300 | Compare |
Demographics
Racial & Ethnic Composition
Economy & Education
Housing
Other Cities in Texas
Data source: US Census Bureau ACS 5-Year Estimates. Last updated: 2026-04-05.
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Frequently Asked Questions about Sherman
What is the population of Sherman, TX?
The population of Sherman, TX is 45,036 according to the latest Census data.
What is the median household income in Sherman?
The median household income in Sherman, TX is $60,935 per year.
What is the median home value in Sherman?
The median home value in Sherman, TX is $219,300.
What is the average rent in Sherman?
The median monthly rent in Sherman, TX is $1,177.
What is the unemployment rate in Sherman?
The unemployment rate in Sherman, TX is 3.3%.