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The total population of Sherman is estimated to be 44,052 with 21,534 males (48.88%) and 22,518 females (51.12%). There are 984 more females than males in Sherman.
The median household income in Sherman was $57,868 in 2021, which marked an an increase of 500(0.87%) from $57,368 in 2020. This income is 77.56% 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 $69,606. Overall, the median household income for the city of Sherman stands at $57,868.
In Sherman, the median income for all workers aged 15 years and older, regardless of work hours, was $39,365 for males and $26,082 for females. However, when specifically considering full-time, year-round workers within the same age group, the median income was $49,925 for males and $41,750 for females.
In Sherman, the demographic landscape is diverse, spanning 6 distinct racial categories among households. Among these, Some Other Race households have the highest median household income at $97,743, while Black or African American households represent the opposite end with the lowest median household income of $43,425.
In 2022, the population of Sherman was 45,264, a 0.47% increase year-by-year from 2021. Previously, in 2021, Sherman's population was 45,052, an increase of 2.52% compared to a population of 43,945 in 2020.
The median age in Sherman, TX is 34.5, as per 2021 ACS 5-Year Estimates. Of the total population, 21.85% were under the age of 15, 21.91% aged 15 to 29, 41.42% aged 30 to 64, 12.39% aged 65 to 84, and 2.42% were 85 years of age and older.
Racial distribution of Sherman population: 76.37% are White, 9.42% are Black or African American, 0.53% are American Indian and Alaska Native, 2.82% are Asian, 0.03% are Native Hawaiian and other Pacific Islander, 3.64% are some other race and 7.19% are multiracial.