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
Income Overview
Median Household Income
$57,969
23% below
US avg: $75,149
Per Capita Income
$31,315
20% below
US avg: $39,052
Unemployment Rate
5.9%
64% above
US avg: 3.6%
Poverty Rate
12.1%
2% 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
$57,969
77%
Per Capita
US: $39,052
$31,315
80%
IRS Avg AGI
US: $72,000
$70,452
98%
Avg Weekly Wage
US: $1,432
$984
69%
Thin line = U.S. average (100%)
Employment & Commute
Avg Weekly Wage
$984
31% below US avg ($1,432)
Mean Commute Time
22 min
19% below US avg (28 min)
Work From Home
0.0%
100% below US avg (15.2%)
Drive Alone
90.4%
23% above US avg (73.2%)
Public Transit
0.0%
100% below US avg (5.0%)
County GDP
$6,477M
County-level GDP (BEA 2024)
How Residents Get to Work
Drive Alone
90.4%
Public Transit
0%
Work From Home
0%
Other
9.6%
Average commute time
22 minutes
US avg: 28 min
Business Landscape
Total Establishments
2,687
Restaurants
275
Healthcare
338
Retail
503
Manufacturing
118
Tax & Financial
IRS Avg Adjusted Gross Income
$70,452
2% below US avg ($72,000)
Avg Property Tax
$4,258
22% above US avg ($3,500)
Cost of Living Index
87.0
Below national average (100 = US avg)
Complete Economy Data
Income & Wages
| Median Household Income | $57,969 |
| Per Capita Income | $31,315 |
| IRS Avg Adjusted Gross Income | $70,452 |
| Avg Weekly Wage | $984 |
| County GDP | $6,477M |
Hardship Indicators
| Unemployment Rate | 5.9% |
| Poverty Rate | 12.1% |
| Gini Coefficient | 0.462 |
| Cost of Living Index | 87.0 |
Commute
| Mean Commute | 22 minutes |
| Drive Alone | 90.4% |
| Public Transit | 0.0% |
| Work From Home | 0.0% |
Businesses
| Total Establishments | 2,687 |
| Restaurants | 275 |
| Healthcare | 338 |
| Retail | 503 |
| Manufacturing | 118 |
Tax
| IRS Avg AGI | $70,452 |
| Avg Property Tax | $4,258 |