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Sherman, MS

Full City Profile · Mississippi · Lee County County

2.9 /5.0
C+ Fair
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
62°F Avg Temperature 301 sunny days/yr
50 Violent Crime/100K 1,670 property/100K
C+
Overall
2.9 / 5.0
Fair overall score based on economy, affordability, safety and education
B+
Economy
3.5 / 5.0
$57,969 median income, 3.9% unemployment
A+
Affordability
5.0 / 5.0
$151,900 home value, $679/mo rent
F
Safety
1.0 / 5.0
50 violent crimes/100K
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
3.9%
8% 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 Rate3.9%
Poverty Rate12.1%
Gini Coefficient0.462
Cost of Living Index87.0

Commute

Mean Commute22 minutes
Drive Alone90.4%
Public Transit0.0%
Work From Home0.0%

Businesses

Total Establishments2,687
Restaurants275
Healthcare338
Retail503
Manufacturing118

Tax

IRS Avg AGI$70,452
Avg Property Tax$4,258