Sherman, TX Profile: Facts & Data

Advertisement

Sherman Local Links & Resources:
Hotels | Resources | ALL Sherman Content

Also See: Sherman, TX ZIP Codes & ZIP Code Maps | Local Area Photos

Sherman, Texas - Basic Facts

The City of Sherman had a population of 42,168 as of July 1, 2019. Sherman ranks in the upper quartile for Diversity Index when compared to the other cities, towns and Census Designated Places (CDPs) in Texas. See peer rankings below.

The primary coordinate point for Sherman is located at latitude 33.6357 and longitude -96.6089 in Grayson County. The formal boundaries for the City of Sherman encompass a land area of 43.95 sq. miles and a water area of 0.08 sq. miles. Grayson County is in the Central time zone (GMT -6). The elevation is 735 feet.

The City of Sherman (GNIS ID: 2411888) has a C1 Census Class Code which indicates an active incorporated place that does not serve as a county subdivision equivalent. It also has a Functional Status Code of "A" which identifies an active government providing primary general-purpose functions.

Texas is one of 20 states where Census County Divisions (CCDs) are used for statistical tracking of subdivisions within each county. The City of Sherman is located within East Grayson Division of Grayson County.


Jump to... (On This Page!)
  1. Sherman 2019 Demographic Data
  2. Growth Rates for Sherman (Historical & 5-Year Forecast)
  3. Peer Comparisons (Rank and Percentile)
  1. Neighborhoods Demographics (Home Values, Household Income, etc.)
  2. Texas Research Tools (Easy Tools & Current Data)
  3. Texas Data Comparison Tool - 2019 Demographics

Sherman, TX - Most Popular Things to Do

Also See: Nearby Photos | Nearby Hotels | Driving Directions

Use HTL Address Research for a Texas Address and get...

Boundary Maps, Demographic Data, School Zones Review maps and data for the neighborhood, city, county, ZIP Code, and school zone. July 1, 2019, data includes home values, household income, percentage of homes owned, rented or vacant, etc.


Advertisement

Sherman, TX Data & Demographics (As of July 1, 2019)

HOUSING AFFORDABILITY INDEX

Sherman, TX Housing Affordability Index is 166
State of Texas Housing Affordability Index is 132
The Housing Affordability Index base is 100 and represents a balance point where a resident with a median household income can normally qualify to purchase a median price home. Values above 100 indicate increased affordability, while values below 100 indicate decreased affordability.

WEALTH INDEX

Sherman, TX Wealth Index is 60
State of Texas Wealth Index is 94
The Wealth Index is based on a number of indicators of affluence including average household income and average net worth, but it also includes the value of material possessions and resources. It represents the wealth of the area relative to the national level. Values above or below 100 represent above-average wealth or below-average wealth compared to the national level.

These new demographic attributes are availiable for cities, Counties, ZIP Codes and even neighborhoods (Census Blocks) when you search by a specific Texas address.

See our:

  1. New 2-Minute Introduction and Concise Guide to Big Data which will help you make the most effective use of HomeTownLocator Tools.
  2. References & Data Sources page for more information about methodology and sources of data.

POPULATION

Total Population 42,168
Population in Households 40,790
Population in Familes 32,331
Population in Group Qrtrs 1,378
Population Density 959
Diversity Index1 70
 

INCOME

Median Household Income $48,993
Average Household Income $65,549
Per Capita Income $25,292
Wealth Index3 60

HOUSING

Total Housing Units 17,548 (100%)
Owner Occupied HU 8,564 (48.8%)
Renter Occupied HU 7,499 (42.7%)
Vacant Housing Units 1,485 ( 8.5%)
Median Home Value $130,210
Housing Affordability Index2 166
 

HOUSEHOLDS

Total Households 16,063
Average Household Size 2.54
Family Households 10,231
Average Family Size 3
NOTES
  1. The Diversity Index is a scale of 0 to 100 that represents the likelihood that two persons, chosen at random from the same area, belong to different race or ethnic groups. If an area's entire population belongs to one race AND one ethnic group, then the area has zero diversity. An area's diversity index increases to 100 when the population is evenly divided into two or more race/ethnic groups.
  2. The Housing Affordability Index base is 100 and represents a balance point where a resident with a median household income can normally qualify to purchase a median price home. Values above 100 indicate increased affordability, while values below 100 indicate decreased affordability.
  3. The Wealth Index is based on a number of indicators of affluence including average household income and average net worth, but it also includes the value of material possessions and resources. It represents the wealth of the area relative to the national level. Values above or below 100 represent above-average wealth or below-average wealth compared to the national level.

GROWTH RATE / YEAR

2010-2019 2019-2024
Population 0.98% 0.87%
Households 0.88% 0.85%
Families 0.87% 0.77%
Median Household Income   2.02%
Per Capita Income   2.19%

Sherman, TX - Peer Comparisons by Rank and Percentile

The table below compares Sherman to the other 1,746 incorporated cities, towns and CDPs in Texas by rank and percentile using July 1, 2019 data. The location Ranked # 1 has the highest value. A location that ranks higher than 75% of its peers would be in the 75th percentile of the peer group.

Variable Description Rank Percentile
Total Population # 85 95th
Population Density # 754 57th
Diversity Index # 310 82nd
Median Household Income # 903 48th
Per Capita Income # 815 53rd

Additional comparisons and rankings can be made with a VERY EASY TO USE Texas Census Data Comparison Tool.

Quick & Easy Ways to...

  1. Get Current Demographic Data for Cities, Towns, and ZIP Codes
  2. View Boundary Maps, for Cities, Towns, and ZIP Codes
  3. Locate Physical, Cultural, and Historical Features

Texas Census Data Comparison Tool

Compare Texas July 1, 2019 Data
Data:
Locations:
Highest or Lowest:
Results:
Advertisement