Sherman, IL
Full City Profile · Illinois · Sangamon County County
4.0
/5.0
A
Great
4,211
Population
1,341/sq mi density
$147,025
Median Income
$60,210 per capita
$291,300
Home Value
$323,340 Zillow
$1,565
Median Rent
22.8% income on rent
54°F
Avg Temperature
302 sunny days/yr
84
Violent Crime/100K
568 property/100K
A
Overall
4.0 / 5.0
Strong
A+
Economy
5.0 / 5.0
$147,025 median income, 1.8% unemployment
A+
Affordability
5.0 / 5.0
$291,300 home value, $1,565/mo rent
F
Safety
1.0 / 5.0
84 violent crimes/100K
A+
Education
4.8 / 5.0
47.7% bachelor's degree or higher
Income Overview
Median Household Income
$147,025
96% above
US avg: $75,149
Per Capita Income
$60,210
54% above
US avg: $39,052
Unemployment Rate
1.8%
50% below
US avg: 3.6%
Poverty Rate
0.0%
100% below
US avg: 12.4%
Income Comparison: Sherman vs. U.S. Average
Each bar shows Sherman’s value as a percentage of the national average (100% line = U.S. avg)
Median Household
US: $75,149
$147,025
196%
Per Capita
US: $39,052
$60,210
154%
IRS Avg AGI
US: $72,000
$83,001
115%
Avg Weekly Wage
US: $1,432
$1,334
93%
Thin line = U.S. average (100%)
Employment & Commute
Avg Weekly Wage
$1,334
7% below US avg ($1,432)
Mean Commute Time
20 min
26% below US avg (28 min)
Work From Home
16.8%
11% above US avg (15.2%)
Drive Alone
80.8%
10% above US avg (73.2%)
Public Transit
0.0%
100% below US avg (5.0%)
County GDP
$15,669M
County-level GDP (BEA 2024)
How Residents Get to Work
Drive Alone
80.8%
Public Transit
0%
Work From Home
16.8%
Other
2.4%
Average commute time
20 minutes
US avg: 28 min
Business Landscape
Total Establishments
4,970
Restaurants
544
Healthcare
489
Retail
672
Manufacturing
92
Tax & Financial
IRS Avg Adjusted Gross Income
$83,001
15% above US avg ($72,000)
Avg Property Tax
$7,281
108% above US avg ($3,500)
Cost of Living Index
100.0
Below national average (100 = US avg)
Complete Economy Data
Income & Wages
| Median Household Income | $147,025 |
| Per Capita Income | $60,210 |
| IRS Avg Adjusted Gross Income | $83,001 |
| Avg Weekly Wage | $1,334 |
| County GDP | $15,669M |
Hardship Indicators
| Unemployment Rate | 1.8% |
| Poverty Rate | 0.0% |
| Gini Coefficient | 0.460 |
| Cost of Living Index | 100.0 |
Commute
| Mean Commute | 20 minutes |
| Drive Alone | 80.8% |
| Public Transit | 0.0% |
| Work From Home | 16.8% |
Businesses
| Total Establishments | 4,970 |
| Restaurants | 544 |
| Healthcare | 489 |
| Retail | 672 |
| Manufacturing | 92 |
Tax
| IRS Avg AGI | $83,001 |
| Avg Property Tax | $7,281 |
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