Sherman, Texas Demographics & Population 2026
Demographic data: ACS 2020–2024 five-year estimates. Sources and methodology
During the 2020–2024 ACS period, Sherman, Texas had a total population of 46,397, the 79th largest city in Texas, with a median household income of $58,859, which is 25% lower than the state average. The poverty rate is 12.7%.
Sherman Quick Facts
How Sherman Changed
Change from the non-overlapping 2015–2019 ACS period to 2020–2024. Earlier dollar figures are adjusted to 2024 dollars; changes marked “no clear change” are within the combined 90% margins of error.
| Metric | 2015–2019 | 2020–2024 | Change |
|---|---|---|---|
| Population | 42,432 | 46,397 | +9.3% |
| Median household income | $58,332 | $58,859 | No clear change (+0.9%) |
| Median home value¹ | $155,315 | $243,500 | +56.8% |
| Median gross rent | $1,083 | $1,324 | +22.3% |
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
- White: 61.0%
- Black: 9.4%
- Hispanic: 21.2%
- Asian: 2.5%
- Other: 0.8%
Diversity Index
A diverse community with significant representation from multiple racial and ethnic groups.
State average: 67 | National average: 61
Education
Educational Attainment (Adults 25+)
- < High School: 11.2%
- HS Diploma: 30.9%
- Some College: 23.2%
- Associate's: 10.6%
- Bachelor's: 15.3%
- Graduate+: 8.8%
Sherman Rankings in Texas
Explore Texas Rankings
Other Cities in Grayson County
| City | Population | Median Income | Poverty | Home Value |
|---|---|---|---|---|
| Denison | 25,778 | $67,365 | 15.0% | $180,900 |
| Whitesboro | 4,173 | $70,134 | 16.5% | $249,800 |
| Howe | 3,689 | $51,108 | 24.3% | $201,300 |
| Pottsboro | 2,691 | $69,439 | 10.4% | $280,000 |
| Bells | 2,497 | $92,075 | 11.8% | $232,400 |
| Gunter | 2,398 | $120,000 | 2.5% | $547,600 |
| Collinsville | 2,060 | $60,417 | 11.5% | $241,700 |
| Preston | 1,747 | $65,069 | 6.7% | $184,000 |
| Whitewright | 1,659 | $57,692 | 16.8% | $242,000 |
| Southmayd | 1,413 | $86,250 | 16.8% | $164,000 |
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 |
|---|---|---|---|---|---|
| Haltom City | 45,767 | $59,057 | $218,800 | 12.7% | 15.1% |
| Weslaco | 42,229 | $59,551 | $140,000 | 23.2% | 23.2% |
| Channelview | 43,605 | $64,422 | $195,900 | 15.2% | 20.3% |
| Huntsville | 47,864 | $47,529 | $236,600 | 24.3% | 23.9% |
| Galveston | 53,424 | $55,631 | $326,000 | 36.0% | 21.4% |
Population Overview
Sherman is a mid-sized community located in Texas, within Grayson County. The total population is 46,397. It ranks as the 79th most populous out of 1,795 Census-designated places in Texas.
Age Demographics
The median age in Sherman is 35.3 years. This is about the same as the state median of 35.6 years.
Economy, Income & Housing
The median household income in Sherman is $58,859. This is 25% lower than the state median of $78,476. It is also 27% lower than the national median of $80,734. The poverty rate stands at 12.7%. This is 8% lower than the state poverty rate of 13.8%. The unemployment rate is 2.6%. This is 51% lower than the state rate of 5.3%. The median home value is $243,500. Housing costs are 14% lower than the state median of $283,800. The home-value-to-income ratio is 4.1x. 52.7% of occupied housing units are owner-occupied. This homeownership rate is 16% lower than the state average of 62.6%.
Race & Ethnicity
The largest racial or ethnic group in Sherman is White (non-Hispanic), making up 61.0% of the population. Hispanic or Latino residents account for 21.2%. The White (non-Hispanic) population is significantly higher than the state average (61.0% vs 39.1%). The Asian population (2.5%) is well below the state average of 5.5%.
Education
24.2% of residents aged 25 and older hold a bachelor's degree or higher. This is 29% lower than the state rate of 33.8%. Nationally, 35.7% of adults hold at least a bachelor's degree. The high school graduation rate (or equivalent) is 88.8%.
Data Sources & Methodology
All demographic data for Sherman, Texas 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 Texas state averages and national averages calculated from the same dataset. Rankings reflect the city's position among all 1,795 Census-designated places in Texas. 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, Texas?
Sherman, Texas has a population of 46,397 according to the most recent U.S. Census ACS 5-Year Estimates.
What is the median household income in Sherman, TX?
The median household income in Sherman is $58,859, which is 27% lower than the national median of $80,734.
What is the poverty rate in Sherman, TX?
The poverty rate in Sherman is 12.7%. This means approximately 5,630 residents live below the federal poverty line.
What is the racial makeup of Sherman, Texas?
Sherman's population is 61.0% White, 9.4% Black, 21.2% Hispanic/Latino, and 2.5% Asian.
What is the median home value in Sherman, TX?
The median home value in Sherman is $243,500. The home-value-to-income ratio is 4.1x.
How educated is Sherman, Texas?
24.2% of adults (25+) in Sherman hold a bachelor's degree or higher, and 8.8% hold a graduate or professional degree.