Sherman

Population: 45,036
Median household income: $60,935
Median home value: $219,300

Located in Grayson County, Texas, Sherman is a community with a population of 45,036. At $60,935, its median household income sits below Grayson County's $70,455.

Between 2019 and 2023, Sherman's population grew 6.1% from 42,432 to 45,036, while its median home value rose 73.8% from $126,200 to $219,300.

The typical home was built around 1978. 11.9% of residents live below the poverty line.

Demographics

ACS 2019–2023

Population: 45,036
Median age: 35.5 yrs
Median household income: $60,935
Median home value: $219,300
Median gross rent: $1,177
Housing units: 18,987
Homeownership rate: 53.0%
Bachelor's degree or higher: 23.1%
Unemployment rate: 3.3%

Trends

ACS 5-year · 2019–2023

Population

42,43245,036

Median household income

$47,397$60,935

Median home value

$126,200$219,300

Median gross rent

$880$1,177

Year	Population	Median household income	Median home value	Median gross rent
2019	42,432	$47,397	$126,200	$880
2020	43,239	$50,627	$131,300	$902
2021	43,273	$53,536	$157,900	$1,017
2022	44,052	$58,020	$197,400	$1,109
2023	45,036	$60,935	$219,300	$1,177

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

Age distribution

Under 57.5%

5 to 1717.1%

18 to 249.7%

25 to 3415.3%

35 to 4410.9%

45 to 5411.2%

55 to 6413.1%

65 to 749.8%

75 and over5.5%

	Count	Share
Under 5	3,378	7.5%
5 to 17	7,706	17.1%
18 to 24	4,346	9.7%
25 to 34	6,906	15.3%
35 to 44	4,894	10.9%
45 to 54	5,051	11.2%
55 to 64	5,904	13.1%
65 to 74	4,394	9.8%
75 and over	2,457	5.5%

Race & ethnicity

	Count	Share
White (non-Hispanic)	27,355	60.7%
Black or African American	4,324	9.6%
American Indian & Alaska Native	104	0.2%
Asian	799	1.8%
Native Hawaiian & Pacific Islander	42	0.1%
Some other race	427	0.9%
Two or more races	1,919	4.3%
Hispanic or Latino (any race)	10,066	22.4%

Educational attainment (age 25+)

No high school diploma10.0%

High school graduate30.4%

Some college or associate's36.4%

Bachelor's degree14.4%

Graduate or professional degree8.7%

	Count	Share
No high school diploma	2,964	10.0%
High school graduate	9,008	30.4%
Some college or associate's	10,790	36.4%
Bachelor's degree	4,256	14.4%
Graduate or professional degree	2,588	8.7%

Commute to work

Mean travel time to work: 24 min

Drove alone78.9%

Carpooled7.4%

Public transit0.3%

Walked1.7%

Bicycle0.1%

Worked from home9.9%

Other means1.6%

How workers get to work

	Count	Share
Drove alone	16,989	78.9%
Carpooled	1,594	7.4%
Public transit	61	0.3%
Walked	368	1.7%
Bicycle	21	0.1%
Worked from home	2,134	9.9%
Other means	352	1.6%

Travel time

	Count	Share
Under 15 min	8,465	43.7%
15 to 29 min	5,824	30.0%
30 to 44 min	2,215	11.4%
45 to 59 min	981	5.1%
60+ min	1,900	9.8%

Households

Average household size: 2.49
Poverty rate: 11.9% (5,140 of 43,188)

	Count	Share
Family households	11,017	63.3%
Nonfamily households	6,401	36.7%

Housing

Median year structure built: 1978

Occupancy

	Count	Share
Occupied	17,418	91.7%
Vacant	1,569	8.3%

Tenure (of occupied units)

	Count	Share
Owner-occupied	9,230	53.0%
Renter-occupied	8,188	47.0%

1-unit, detached66.9%

1-unit, attached2.1%

2 to 4 units8.3%

5 to 19 units16.0%

20 or more units5.1%

Mobile home & other1.7%

Units in structure

	Count	Share
1-unit, detached	12,702	66.9%
1-unit, attached	402	2.1%
2 to 4 units	1,570	8.3%
5 to 19 units	3,030	16.0%
20 or more units	963	5.1%
Mobile home & other	320	1.7%

Geography

Place GEOID: 4867496
Type (LSAD): 25
Land area: 46 sq mi
Water area: 0.08 sq mi
Center point: 33.6286, -96.6267