Download
Share
Contents
Save
The total population of Sherman is estimated to be 4,120 with 1,882 males (45.68%) and 2,238 females (54.32%). There are 356 more females than males in Sherman.
The median household income in Sherman was $143,221 in 2021, which marked an an increase of 3,582(2.57%) from $139,639 in 2020. This income is 191.97% of the U.S. median household income of $74,606 (all incomes in 2022 inflation-adjusted dollars).
Per the latest American Community Survey by the Census Bureau, Sherman sees its highest median household income among householders in the age group of 45 to 64 years old, at $170,965. Overall, the median household income for the village of Sherman stands at $143,221.
In Sherman, the median income for all workers aged 15 years and older, regardless of work hours, was $74,846 for males and $61,515 for females. However, when specifically considering full-time, year-round workers within the same age group, the median income was $91,298 for males and $84,769 for females.
In Sherman, population is primarily represented by White households, reporting a median income of $138,852.
In 2022, the population of Sherman was 4,625, a 0.56% decrease year-by-year from 2021. Previously, in 2021, Sherman's population was 4,651, a decline of 0.39% compared to a population of 4,669 in 2020.
The median age in Sherman, IL is 46.3, as per 2021 ACS 5-Year Estimates. Of the total population, 14.01% were under the age of 15, 16.72% aged 15 to 29, 47.35% aged 30 to 64, 18.76% aged 65 to 84, and 3.15% were 85 years of age and older.
Racial distribution of Sherman population: 92.17% are White, 6.55% are Black or African American and 1.28% are multiracial.