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Sherman town, Mississippi Demographics & Population 2026

As of 2026, Sherman town, Mississippi has a total population of 515, the 267th largest city in Mississippi, with a median household income of $57,969, which is 6% higher than the state average. The poverty rate is 14.0%.

Sherman town Quick Facts

Population 515
Median Household Income $57,969
Median Home Value $151,900
Poverty Rate 14.0%
Unemployment Rate 5.9%
Median Age 49.9 years
Homeownership Rate 64.5%
Affordability Ratio 2.6x
Bachelor's Degree or Higher 15.8%
High School Graduation Rate 82.0%
Diversity Index 23/100
Population 515 267th of 419
Median Income $57,969 top 30%
Poverty Rate 14.0% 12% higher national
Median Home Value $151,900 top 30%

How Sherman town Compares

Economy & Housing

Employment

5.9% Unemployment Rate State: 6.0% | National: 5.2%
65.1% Labor Force Participation

Housing Overview

Owner 64.5%
Renter 35.6%
Affordability Index Very Affordable
2.6x home value to income ratio

People & Demographics

Diversity Index

23out of 100
Very Low Diversity

A less diverse community where one racial or ethnic group represents a large majority.

State average: 55 | National average: 60

Education

Sherman town Rankings in Mississippi

#267 Population of 419
#99 Median Income of 419
#226 Education of 419
#97 Home Value of 419

Cities Similar to Sherman town

These cities in the same state have comparable population and economic profiles.

CityPopulationMedian IncomeHome ValueBachelor's+Poverty
Lakeview CDP516N/A$320,00011.0%11.4%
North Tunica CDP507N/AN/A11.1%53.4%
Hermanville CDP527N/A$26,40013.4%0.8%
White Oak CDP533N/AN/A3.3%70.2%
Standing Pine CDP539$57,532$82,4000.0%8.7%

Population Overview

Sherman town is a small community located in Mississippi. The total population is 515. It ranks as the 267th most populous out of 419 cities and towns in Mississippi.

Age Demographics

The median age in Sherman town is 49.9 years. This is 30% higher than the state median of 38.4 years. 12.4% of residents are 75 or older, suggesting a significant retirement-age population with implications for healthcare services and senior housing.

Economy, Income & Housing

The median household income in Sherman town is $57,969. This is 6% higher than the state median of $54,915. Compared to the national median of $78,538, household income here is 26% lower. The poverty rate stands at 14.0%. This is 27% lower than the state poverty rate of 19.1%. The unemployment rate is 5.9%. The median home value is $151,900. Housing costs are 6% lower than the state median of $161,400. With a home-value-to-income ratio of just 2.6x, Sherman town is one of the most affordable housing markets in the area. 64.5% of occupied housing units are owner-occupied. This homeownership rate is 7% lower than the state average of 69.5%.

Race & Ethnicity

Sherman town has a predominantly White (non-Hispanic) population, comprising 87.4% of all residents. Black or African American residents account for 8.7%. The White (non-Hispanic) population is significantly higher than the state average (87.4% vs 55.4%). The Black or African American population (8.7%) is well below the state average of 36.9%. The Hispanic or Latino population (1.0%) is well below the state average of 3.6%.

Education

15.8% of residents aged 25 and older hold a bachelor's degree or higher. This is 35% lower than the state rate of 24.2%. Nationally, 35.0% of adults hold at least a bachelor's degree. The high school graduation rate (or equivalent) is 82.0%.

Data Sources & Methodology

All demographic data for Sherman town, Mississippi is sourced from the U.S. Census Bureau's American Community Survey (ACS) 5-Year Estimates (2019-2023). The ACS collects data from approximately 3.5 million households annually, providing reliable estimates for communities of all sizes. Comparisons are made against Mississippi state averages and national averages calculated from the same dataset. Rankings reflect the city's position among all 419 Census-designated places in Mississippi. For official data, visit data.census.gov.

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Frequently Asked Questions

What is the population of Sherman town, Mississippi?

Sherman town, Mississippi has a population of 515 according to the most recent U.S. Census ACS 5-Year Estimates.

What is the median household income in Sherman town, MS?

The median household income in Sherman town is $57,969, which is 26% lower the national median of $78,538.

What is the poverty rate in Sherman town, MS?

The poverty rate in Sherman town is 14.0%. This means approximately 72 residents live below the federal poverty line.

What is the racial makeup of Sherman town, Mississippi?

Sherman town's population is 87.4% White, 8.7% Black, 1.0% Hispanic/Latino, and 0.0% Asian.

What is the median home value in Sherman town, MS?

The median home value in Sherman town is $151,900. The home-value-to-income ratio is 2.6x.

How educated is Sherman town, Mississippi?

15.8% of adults (25+) in Sherman town hold a bachelor's degree or higher, and 3.5% hold a graduate or professional degree.