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CITY · 2020 ACS

Sherman

Mississippi · 600 residents · 1.741 sq mi
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The short version

Sherman has notably lower household income than the US average, with a median household income of $31,625. Population has held roughly steady since 2000. 12% of adults hold a bachelor's degree or higher, below the national rate of 33%. Median home value has risen by half since 2000, reaching $112,000. The poverty rate of 29.2% is well above the national figure. Households here earn about 32% less than the Mississippi median.

At a glance
Lower income
below the US median
US median: $66,278
Mid-age
median age 37.4
US median: 38.8
Less educated
12% hold a bachelor's degree
US average: 33%
Stable housing
home values roughly flat, inflation adjusted
US median home: $265,253
Section 01

Population & growth

Total population
600
+9%since 2000
from 548 in 2000
1990 – 2025
Population density
345 / sq mi
+9%since 2000
from 315 / sq mi in 2000
US average: 280
Median age
37.4
+2%since 2000
from 36.6 in 2000
US average: 38.8
Population, 1990 – 2024
3314605907208491990201020202024Sherman
2024545
1990201020202024
Section 02

Income & economy

Median household income
$31,625
−3%inflation adjusted, since 2000
from $21,667 in 2000
US average: $66,278
1990 – 2024
Per capita income
$26,323
+133%since 2000
from $11,301 in 2000
US average: $35,364
Households earning $100K+
18.3%
+17.2 ptssince 2009
from 1.1% in 2009
US average: 43.9%
Poverty rate
29.2%
+8.3 ptssince 2000
from 20.9% in 2000
US average: 12.8%
Workforce by industry, 2020
Retail trade21.2%
US avg: 10%
Wholesale trade14.9%
US avg: 6.7%
Information7.5%
US avg: 11.1%
Transportation & warehousing5.8%
US avg: 2.5%
Other services4.6%
US avg: 6.6%
Public administration4.1%
US avg: 4.7%
Agriculture, forestry, fishing0.8%
US avg: 1.7%
Construction0.8%
US avg: 1.2%
Finance & insurance0.8%
US avg: 5.5%
Professional, scientific, technical0.8%
US avg: 4.7%
Manufacturing0%
US avg: 0.5%
Education & health services0%
US avg: 0.8%
Arts, entertainment, food0%
US avg: 2%
BARS: THIS PLACE · TICKS: US AVERAGE
Section 03

Housing

Median home value
$112,000
+18%inflation adjusted, since 2000
from $62,900 in 2000
US average: $265,253
1990 – 2024
Median gross rent
$658
+39%inflation adjusted, since 2000
from $316 in 2000
US average: $1,124
Owner-occupied
61.8%
−3.0 ptssince 2000
from 64.7% in 2000
38.2% rent
Afford Score
3.5
+22%since 2000
from 2.9 in 2000
1990 – 2024
RELATED:See current rent listings in Sherman on RentDataNow
Section 04

Race & ethnicity

2000
White, non-Hispanic83%(455)
Black16.1%(88)
Hispanic / Latino0.4%(2)
Asian0%(0)
Other0%
Diversity Score34.6%(190)
2020
White, non-Hispanic68.2%(409)
Black22.7%(136)
Hispanic / Latino3%(18)
Asian0.8%(5)
Other0.3%(2)
Diversity Score53.4%(320)
Diversity Score
53
+54%since 2000
from 35 in 2000
1990 – 2024
Section 05

Education

Bachelor's degree or higher
12.0%
+0.5 ptssince 2000
from 11.5% in 2000
US average: 32.9%
High school or higher
73.2%
−4.7 ptssince 2000
from 77.9% in 2000
US average: 88.5%
Graduate degree
1.0%
−0.4 ptssince 2000
from 1.4% in 2000
US average: 12.7%
Section 06

Commute & transportation

Average commute
21.1 min
+115%since 2000
from 9.8 min in 2000
US average: 26.9
Drive alone to work
92.1%
+5.0 ptssince 2009
from 87.2% in 2009
US average: 75.1%
No vehicle available
4.3%
−2.9 ptssince 2009
from 7.2% in 2009
US average: 8.4%
Section 07

Work & employment

Unemployment rate
0.4%
+0.4 ptssince 2011
from 0.0% in 2011
US average: 5.4%
Labor force participation
54.5%
−6.4 ptssince 2011
from 60.9% in 2011
US average: 63.4%
Management & professional
19.5%
−54.8 ptssince 2009
from 74.3% in 2009
US average: 39.3%
Section 08

People & community

Male
39.0%
+7.7 ptssince 2009
from 31.3% in 2009
Female
61.0%
−7.7 ptssince 2009
from 68.7% in 2009
Foreign born
0.0%
Unchangedsince 2009
from 0.0% in 2009
US average: 13.5%
Uninsured
8.8%
−72.3 ptssince 2013
from 81.1% in 2013
US average: 8.8%
Drill deeper

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Head to head

Compare Sherman to nearby cities

SHERMAN VS
Tupelo
Income$66,257+110%
Home value$212,800+90%
Population38,087+5501%
SEE FULL COMPARISON →
SHERMAN VS
Booneville
Income$50,879+61%
Home value$136,700+22%
Population9,257+1261%
SEE FULL COMPARISON →
SHERMAN VS
Oxford
Income$64,451+104%
Home value$385,700+244%
Population26,773+3837%
SEE FULL COMPARISON →
SHERMAN VS
Corinth
Income$44,226+40%
Home value$177,100+58%
Population14,345+2010%
SEE FULL COMPARISON →
Frequently asked

How many people live in Sherman, Mississippi?

Sherman, Mississippi has about 600 residents according to the 2020 American Community Survey.

What is the median household income in Sherman, Mississippi?

The typical household in Sherman, Mississippi earns about $31,625 a year. Half of households make more than that, and half make less.

Is Sherman, Mississippi expensive?

In Sherman, Mississippi, the median home is worth about $112,000, and the typical rent is about $658 a month.

How educated are people in Sherman, Mississippi?

About 12.0% of adults age 25 and over in Sherman, Mississippi hold a bachelor's degree or higher.

What is the poverty rate in Sherman, Mississippi?

About 29.2% of people in Sherman, Mississippi live below the federal poverty line.

Has Sherman, Mississippi grown since 1990?

Yes, Sherman, Mississippi has grown since 1990. The population has added about 113 residents, a change of about 23 percent over that period.

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DATA: US CENSUS BUREAU ACS 5-YEAR + DECENNIAL CENSUS · UPDATED 2024

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