Sherman

Population: 515
Median household income: $57,969
Median home value: $151,900

Located in Pontotoc County, Mississippi, Sherman is a community with a population of 515. The median household income of $57,969 is above the Pontotoc County median ($52,741).

From 2019 to 2023, Sherman's population declined 36.1% from 806 to 515, while its median home value rose 50.4% from $101,000 to $151,900.

72.8% of homes are single-family detached houses. The typical home was built around 1980.

Demographics

ACS 2019–2023

Population: 515
Median age: 49.9 yrs
Median household income: $57,969
Median home value: $151,900
Median gross rent: $679
Housing units: 250
Homeownership rate: 64.5%
Bachelor's degree or higher: 15.8%
Unemployment rate: 5.9%

Trends

ACS 5-year · 2019–2023

Population

806515

Median household income

$23,472$57,969

Median home value

$101,000$151,900

Median gross rent

$563$679

Year	Population	Median household income	Median home value	Median gross rent
2019	806	$23,472	$101,000	$563
2020	616	$31,625	$112,000	$658
2021	602	$41,688	$115,700	$842
2022	646	$45,234	$144,400	$908
2023	515	$57,969	$151,900	$679

Each year is a US Census Bureau ACS 5-year estimate ending that year.

Age distribution

Under 510.9%

5 to 178.9%

18 to 248.9%

25 to 3411.1%

35 to 448.7%

45 to 5410.1%

55 to 6422.7%

65 to 746.2%

75 and over12.4%

	Count	Share
Under 5	56	10.9%
5 to 17	46	8.9%
18 to 24	46	8.9%
25 to 34	57	11.1%
35 to 44	45	8.7%
45 to 54	52	10.1%
55 to 64	117	22.7%
65 to 74	32	6.2%
75 and over	64	12.4%

Race & ethnicity

	Count	Share
White (non-Hispanic)	450	87.4%
Black or African American	45	8.7%
American Indian & Alaska Native	0	0.0%
Asian	0	0.0%
Native Hawaiian & Pacific Islander	0	0.0%
Some other race	0	0.0%
Two or more races	15	2.9%
Hispanic or Latino (any race)	5	1.0%

Educational attainment (age 25+)

No high school diploma18.0%

High school graduate26.4%

Some college or associate's39.8%

Bachelor's degree12.3%

Graduate or professional degree3.5%

	Count	Share
No high school diploma	66	18.0%
High school graduate	97	26.4%
Some college or associate's	146	39.8%
Bachelor's degree	45	12.3%
Graduate or professional degree	13	3.5%

Commute to work

Mean travel time to work: 22 min

Drove alone90.4%

Carpooled8.0%

Public transit0.0%

Walked1.6%

Bicycle0.0%

Worked from home0.0%

Other means0.0%

How workers get to work

	Count	Share
Drove alone	225	90.4%
Carpooled	20	8.0%
Public transit	0	0.0%
Walked	4	1.6%
Bicycle	0	0.0%
Worked from home	0	0.0%
Other means	0	0.0%

Travel time

	Count	Share
Under 15 min	36	14.5%
15 to 29 min	140	56.2%
30 to 44 min	53	21.3%
45 to 59 min	18	7.2%
60+ min	2	0.8%

Households

Average household size: 2.44
Poverty rate: 14.0% (72 of 515)

	Count	Share
Family households	132	62.6%
Nonfamily households	79	37.4%

Housing

Median year structure built: 1980

Occupancy

	Count	Share
Occupied	211	84.4%
Vacant	39	15.6%

Tenure (of occupied units)

	Count	Share
Owner-occupied	136	64.5%
Renter-occupied	75	35.5%

1-unit, detached72.8%

1-unit, attached0.8%

2 to 4 units10.0%

5 to 19 units0.0%

20 or more units10.0%

Mobile home & other6.4%

Units in structure

	Count	Share
1-unit, detached	182	72.8%
1-unit, attached	2	0.8%
2 to 4 units	25	10.0%
5 to 19 units	0	0.0%
20 or more units	25	10.0%
Mobile home & other	16	6.4%

Geography

Place GEOID: 2867200
Type (LSAD): 43
Land area: 1.74 sq mi
Water area: 0 sq mi
Center point: 34.3612, -88.8387