Sherman, MS

Full City Profile · Mississippi · Lee County County

3.5 /5.0
B+ Good
515 Population 296/sq mi density
$57,969 Median Income $31,315 per capita
$151,900 Home Value $191,940 Zillow
$679 Median Rent 20.0% income on rent
64°F Avg Temperature
B+
Overall
3.5 / 5.0
Good overall score based on economy, affordability, safety and education
B
Economy
3.2 / 5.0
$57,969 median income, 5.9% unemployment
A+
Affordability
5.0 / 5.0
$151,900 home value, $679/mo rent
C
Education
2.3 / 5.0
15.8% bachelor's degree or higher

Sherman, MS

At a Glance

Median Income
$57,969
23% below
$31,315 per capita
Home Value
$151,900
46% below
Zillow: $191,940
Median Rent
$679/mo
42% below
20.0% of income on rent
Bachelor's Degree+
15.8%
53% below
82.0% high school+
Unemployment
5.9%
64% above
12.1% poverty rate
Obesity Rate
39.0%
21% above
17.6% smoking rate
Avg Temperature
64°F

How Sherman Compares to the U.S. Average

Each bar shows Sherman's value as a percentage of the national average (100% = U.S. avg)

Income
77%
Home Value
54%
Rent
58%
Poverty
98%
Bachelor's
47%
Unemployment
164%
Thin vertical line = U.S. national average (100%)

Is Sherman a Good Place to Live?

B+
3.5 / 5.0 - Good
Based on economy, affordability, safety, and education metrics compared to national averages.

Economy & Jobs

Sherman residents earn a median household income of $57,969 , which is 23% below the national average of $75,149. Per capita income is $31,315. The unemployment rate stands at 5.9% (64% above the U.S. rate of 3.6%). 12.1% of residents live below the poverty line. The area is home to 2,687 business establishments, including 275 restaurants.

Housing & Cost of Living

The median home value in Sherman is $151,900 , 46% below the national median of $281,900. Zillow estimates the typical home at $191,940. Median rent is $679/month, with 20.0% of renters spending more than 30% of income on housing. The cost of living index is 87.0 (100 = national average). The median home was built in 1981.

Education

15.8% of adults in Sherman hold a bachelor's degree or higher (53% below the national average). 82.0% have completed high school. Local schools score 5.1/10 in standardized testing.

Climate & Weather

Sherman has an average annual temperature of 64°F (18°C). Winters average 43°F in January while summers reach 82°F in July. Annual precipitation totals 57.7 inches. Air quality is rated Good with a median AQI of 41.

Data Overview

People

Population515
Median Age49.9 yrs
Density296/mi²
Male / Female42% / 58%
Foreign Born0.6%
Veterans6.1%

Economy

B
Median Income$57,969
Per Capita$31,315
Unemployment5.9%
Poverty12.1%
County GDP$6,477M
Avg Weekly Wage$984

Housing

A+
Home Value$151,900
Rent$679
Ownership64.5%
Zillow$191,940
Housing Units288
Rent Burden20.0%

Health

Obesity39.0%
Diabetes11.9%
Smoking17.6%
Heart Disease5.9%
Premature Death12,357/100K

Climate

Avg Temp64°F
Rain57.7 in/yr
AQI41 (Good)
Elevation369 ft

Education

C
Bachelor's+15.8%
High School+82.0%
Graduate+3.4%
School Score5.1/10

Community

2024 VoteR 69% / D 30%
Commute22 min
Broadband72.5%
Internet Speed47 Mbps
EV Stations1
Libraries3

Did You Know?

The median home in Sherman was built in 1981.
The nearest airport is Tupelo Regional (7 miles).
The Gini coefficient (income inequality) is 0.462 (U.S. avg: 0.490).
Natural hazard risk is rated "Relatively Moderate" by FEMA.
23.7% of the population has a disability.
There are 275 restaurants in the area.
The county recorded 13 fatal vehicle crashes.