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Sherman village, New York Demographics & Population 2026

Very AffordableHome value to income ratio of 2.2x is exceptionally low

As of 2026, Sherman village, New York has a total population of 639, the 983rd largest city in New York, with a median household income of $48,958, which is 42% lower than the state average. The poverty rate is 17.3%.

Key Takeaways

Sherman village Quick Facts

Population 639
Median Household Income $48,958
Median Home Value $107,400
Poverty Rate 17.3%
Unemployment Rate 2.7%
Median Age 40.4 years
Homeownership Rate 66.3%
Affordability Ratio 2.2x
Bachelor's Degree or Higher 16.0%
High School Graduation Rate 94.1%
Diversity Index 22/100
Population 639 983rd of 1,287
Median Income $48,958 bottom 10%
Poverty Rate 17.3% 39% higher national
Median Home Value $107,400 bottom 20%

How Sherman village Compares

Economy & Housing

Employment

2.7% Unemployment Rate State: 6.2% | National: 5.2%
54.2% Labor Force Participation

Housing Overview

Owner 66.3%
Renter 33.7%
Affordability Index Very Affordable
2.2x home value to income ratio

People & Demographics

Diversity Index

22out of 100
Very Low Diversity

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

State average: 65 | National average: 60

Education

Sherman village Rankings in New York

#983 Population of 1,287
#1122 Median Income of 1,287
#1141 Education of 1,287
#1090 Home Value of 1,287

Cities Similar to Sherman village

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

CityPopulationMedian IncomeHome ValueBachelor's+Poverty
Scio CDP641N/A$125,20021.4%24.8%
La Fargeville CDP637N/A$173,90012.6%40.4%
Woodbourne CDP644N/A$245,80010.8%14.4%
Croghan village642$49,583$145,50020.1%17.4%
Glen Park village639$50,227$171,70022.3%39.4%

Population Overview

Sherman village is a small community located in New York. The total population is 639. It ranks as the 983rd most populous out of 1,287 cities and towns in New York.

Age Demographics

The median age in Sherman village is 40.4 years. This is 2% higher than the state median of 39.6 years. 13.9% 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 village is $48,958. This is 42% lower than the state median of $84,578. Compared to the national median of $78,538, household income here is 38% lower. The poverty rate stands at 17.3%. This is 26% higher than the state poverty rate of 13.7%. The unemployment rate is 2.7%. This is 56% lower than the state rate of 6.2%. The median home value is $107,400. Housing costs are 73% lower than the state median of $403,000. With a home-value-to-income ratio of just 2.2x, Sherman village is one of the most affordable housing markets in the area. 66.3% of occupied housing units are owner-occupied. This homeownership rate is 22% higher than the state average of 54.3%.

Race & Ethnicity

Sherman village has a predominantly White (non-Hispanic) population, comprising 87.6% of all residents. Asian residents account for 1.3%. The White (non-Hispanic) population is significantly higher than the state average (87.6% vs 53.4%). The Black or African American population (0.6%) is well below the state average of 13.6%. The Hispanic or Latino population (0.5%) is well below the state average of 19.6%. The Asian population (1.3%) is well below the state average of 8.8%.

Education

16.0% of residents aged 25 and older hold a bachelor's degree or higher. This is 60% lower than the state rate of 39.6%. Nationally, 35.0% of adults hold at least a bachelor's degree. The high school graduation rate (or equivalent) is 94.1%.

Data Sources & Methodology

All demographic data for Sherman village, New York 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 New York state averages and national averages calculated from the same dataset. Rankings reflect the city's position among all 1,287 Census-designated places in New York. For official data, visit data.census.gov.

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Frequently Asked Questions

What is the population of Sherman village, New York?

Sherman village, New York has a population of 639 according to the most recent U.S. Census ACS 5-Year Estimates.

What is the median household income in Sherman village, NY?

The median household income in Sherman village is $48,958, which is 38% lower the national median of $78,538.

What is the poverty rate in Sherman village, NY?

The poverty rate in Sherman village is 17.3%. This means approximately 109 residents live below the federal poverty line.

What is the racial makeup of Sherman village, New York?

Sherman village's population is 87.6% White, 0.6% Black, 0.5% Hispanic/Latino, and 1.3% Asian.

What is the median home value in Sherman village, NY?

The median home value in Sherman village is $107,400. The home-value-to-income ratio is 2.2x.

How educated is Sherman village, New York?

16.0% of adults (25+) in Sherman village hold a bachelor's degree or higher, and 8.0% hold a graduate or professional degree.