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Sherman, NY

Full City Profile · New York · Chautauqua County County

3.0 /5.0
B Good
639 Population 789/sq mi density
$48,958 Median Income $30,792 per capita
$107,400 Home Value $161,461 Zillow
$543 Median Rent 19.5% income on rent
51°F Avg Temperature 246 sunny days/yr
721 Violent Crime/100K 4,193 property/100K
B
Overall
3.0 / 5.0
Good overall score based on economy, affordability, safety and education
B+
Economy
3.6 / 5.0
$48,958 median income, 1.5% unemployment
A+
Affordability
5.0 / 5.0
$107,400 home value, $543/mo rent
F
Safety
1.0 / 5.0
721 violent crimes/100K (90% above avg)
C
Education
2.3 / 5.0
15.9% bachelor's degree or higher

Housing Overview

Median Home Value
$107,400
62% below
US avg: $281,900
Median Rent
$543/mo
53% below
US avg: $1,163/mo
Homeownership Rate
66.3%
1% above US avg (65.4%)
Total Housing Units
270
Median year built: 1938

Home Value by Source

Census Median
$107,400
Zillow (ZHVI)
$161,461
Census ACS, Zillow ZHVI, Redfin median sale price

Ownership vs. Renting

66.3%
Owner-Occupied
33.7%
Renter-Occupied
66%
34%
US avg: 65.4% owner-occupied

Fair Market Rents (HUD FY2026)

Studio
$1,215/mo
1 Bedroom
$1,315/mo
2 Bedroom
$1,579/mo
3 Bedroom
$1,976/mo
4 Bedroom
$2,193/mo
Census median rent: $543/mo

Affordability & Housing Stock

Rent Burden
19.5%
of renters spending 30%+ of income on housing
37% below US avg (31.0%)
Median Year Built
1938
Average age of housing stock: 88 years
Homeownership Rate
66.3%

Complete Housing Data

Home Values

Census Median Value$107,400
Zillow Home Value (ZHVI)$161,461

Rent

Census Median Rent$543
FMR Studio$1,215
FMR 1-Bedroom$1,315
FMR 2-Bedroom$1,579
FMR 3-Bedroom$1,976
FMR 4-Bedroom$2,193

Market

Ownership & Stock

Owner-Occupied66.3%
Renter-Occupied33.7%
Homeownership Rate66.3%
Total Housing Units270
Median Year Built1938
Rent Burden19.5%