Sherman, Mississippi Demographics & Population 2026
During the 2020–2024 ACS period, Sherman, Mississippi had a total population of 545, the 255th largest town in Mississippi, with a median household income of $52,404, which is 7% lower than the state average. The poverty rate is 22.8%.
Data vintage: U.S. Census Bureau ACS 2020–2024 5-Year Estimates · refreshed July 2026 · Methodology & source notes
Sherman Quick Facts
How Sherman Changed
Change from the 2019–2023 ACS period to 2020–2024. These are rolling five-year estimates, not year-over-year measurements.
| Metric | 2019–2023 | 2020–2024 | Change |
|---|---|---|---|
| Population | 515 | 545 | +5.8% |
| Median household income | $57,969 | $52,404 | -9.6% |
| Median home value | $151,900 | $158,900 | +4.6% |
How Sherman Compares
Median Household Income
Median Home Value
Economy & Housing
Household Income Distribution
Detailed income brackets
Employment
Housing Overview
People & Demographics
Age Distribution
Race & Ethnicity
Diversity Index
A less diverse community where one racial or ethnic group represents a large majority.
State average: 56 | National average: 61
Education
Educational Attainment (Adults 25+)
Sherman Rankings in Mississippi
Explore Mississippi Rankings
Other Cities in Lee County
| City | Population | Median Income | Poverty | Home Value |
|---|---|---|---|---|
| Tupelo | 37,791 | $66,257 | 15.1% | $212,800 |
| Saltillo | 4,952 | $80,640 | 6.8% | $204,900 |
| Baldwyn | 3,138 | $43,841 | 21.8% | $98,600 |
| Verona | 2,748 | $46,148 | 21.9% | $118,300 |
| Guntown | 2,594 | $95,625 | 9.8% | $210,600 |
| Mooreville | 2,154 | $118,333 | 10.8% | $177,900 |
| Nettleton | 1,853 | $41,842 | 20.8% | $119,900 |
| Shannon | 1,383 | $42,297 | 24.1% | $130,900 |
| Plantersville | 929 | $25,662 | 44.5% | $125,000 |
Cities Similar to Sherman
These cities in the same state have comparable population and economic profiles.
| City | Population | Median Income | Home Value | Bachelor's+ | Poverty |
|---|---|---|---|---|---|
| Shubuta | 553 | $55,000 | $85,700 | 6.2% | 4.9% |
| Wheeler | 524 | N/A | $184,000 | 33.5% | 0.0% |
| Meadville | 535 | $56,472 | $88,000 | 10.0% | 11.1% |
| Benoit | 509 | N/A | $83,100 | 11.7% | 38.3% |
| Lakeview | 596 | N/A | N/A | 13.8% | 10.1% |
A note before these figures: with a population of 545, Sherman's ACS estimates come from a small number of survey responses and carry wide margins of error. Individual percentages below — particularly rates that round to 0% or 100% — are approximations, not precise measurements. See data.census.gov for the published margins of error.
Population Overview
Sherman is a small community located in Mississippi, within Lee County. The total population is 545. It ranks as the 255th most populous out of 420 Census-designated places in Mississippi.
Age Demographics
The median age in Sherman is 34.5 years. This is 11% lower than the state median of 38.6 years. 12.5% 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 is $52,404. This is 7% lower than the state median of $56,447. It is also 35% lower than the national median of $80,734. The poverty rate stands at 22.8%. This is 20% higher than the state poverty rate of 18.9%. With more than one in five residents living below the poverty line, economic hardship is a significant challenge for the community. The unemployment rate is 6.2%. This is 7% higher than the state rate of 5.8%. The median home value is $158,900. Housing costs are 6% lower than the state median of $169,800. The home-value-to-income ratio is 3.0x. 58.1% of occupied housing units are owner-occupied. This homeownership rate is 17% lower than the state average of 70.0%.
Race & Ethnicity
The largest racial or ethnic group in Sherman is White (non-Hispanic), making up 83.3% of the population. Black or African American residents account for 12.3%. The White (non-Hispanic) population is significantly higher than the state average (83.3% vs 55.2%). The Black or African American population (12.3%) is well below the state average of 36.3%. The Hispanic or Latino population (0.7%) is well below the state average of 3.7%.
Education
14.2% of residents aged 25 and older hold a bachelor's degree or higher. This is 43% lower than the state rate of 25.1%. Nationally, 35.7% of adults hold at least a bachelor's degree. The high school graduation rate (or equivalent) is 92.3%.
Data Sources & Methodology
All demographic data for Sherman, Mississippi is sourced from the U.S. Census Bureau's American Community Survey (ACS) 2020–2024 5-Year Estimates. The ACS collects data from approximately 3.5 million households annually and pools five years of responses so that even small communities can be measured, though the margin of error widens as the population falls. Comparisons are made against Mississippi state averages and national averages calculated from the same dataset. Rankings reflect the city's position among all 420 Census-designated places in Mississippi. Read more about how these figures are produced on our methodology page, or visit data.census.gov for official data.
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Frequently Asked Questions
What is the population of Sherman, Mississippi?
Sherman, Mississippi has a population of 545 according to the most recent U.S. Census ACS 5-Year Estimates.
What is the median household income in Sherman, MS?
The median household income in Sherman is $52,404, which is 35% lower than the national median of $80,734.
What is the poverty rate in Sherman, MS?
The poverty rate in Sherman is 22.8%. This means approximately 124 residents live below the federal poverty line.
What is the racial makeup of Sherman, Mississippi?
Sherman's population is 83.3% White, 12.3% Black, 0.7% Hispanic/Latino, and 0.0% Asian.
What is the median home value in Sherman, MS?
The median home value in Sherman is $158,900. The home-value-to-income ratio is 3.0x.
How educated is Sherman, Mississippi?
14.2% of adults (25+) in Sherman hold a bachelor's degree or higher, and 4.4% hold a graduate or professional degree.