Skip to main content

Sherman, Texas Demographics & Population 2026

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%.

Data vintage: U.S. Census Bureau ACS 2020–2024 5-Year Estimates · refreshed July 2026 · Methodology & source notes

Sherman Quick Facts

Population 46,397
Median Household Income $58,859
Median Home Value $243,500
Poverty Rate 12.7%
Unemployment Rate 2.6%
Median Age 35.3 years
Homeownership Rate 52.7%
Affordability Ratio 4.1x
Bachelor's Degree or Higher 24.2%
High School Graduation Rate 88.8%
Diversity Index 57/100
Population 46,397 79th of 1,795
Median Income $58,859 average
Poverty Rate 12.7% 2% higher than national
Median Home Value $243,500 above average

How Sherman Changed

Change from the 2019–2023 ACS period to 2020–2024. These are rolling five-year estimates, not year-over-year measurements.

Metric2019–20232020–2024Change
Population45,03646,397+3.0%
Median household income$60,935$58,859-3.4%
Median home value$219,300$243,500+11.0%

How Sherman Compares

Economy & Housing

Household Income Distribution

Under $25K 14.0%
$25K-$50K 27.1%
$50K-$100K 32.3%
$100K+ 26.6%
Detailed income brackets
Under $10K
3.6%
$10K-$15K
4.6%
$15K-$20K
2.9%
$20K-$25K
2.9%
$25K-$30K
5.5%
$30K-$35K
3.1%
$35K-$40K
4.5%
$40K-$45K
9.3%
$45K-$50K
4.7%
$50K-$60K
9.3%
$60K-$75K
11.6%
$75K-$100K
11.5%
$100K-$125K
10.3%
$125K-$150K
5.9%
$150K-$200K
5.2%
$200K+
5.2%

Employment

2.6% Unemployment Rate State: 5.3%|National: 5.2%
64.0% Labor Force Participation

Housing Overview

Owner 52.7%
Renter 47.3%
Affordability Index Moderate
4.1x home value to income ratio
Median gross rent $1,324/mo 27.0% of median household income annually

People & Demographics

Diversity Index

57out of 100
High Diversity

A diverse community with significant representation from multiple racial and ethnic groups.

State average: 67 | National average: 61

Education

Sherman Rankings in Texas

#79 Population of 1,795
#933 Median Income of 1,546
#575 Education of 1,795
#481 Home Value of 1,542

Other Cities in Grayson County

CityPopulationMedian IncomePovertyHome 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.

CityPopulationMedian IncomeHome ValueBachelor's+Poverty
Haltom City45,767$59,057$218,80012.7%15.1%
Weslaco42,229$59,551$140,00023.2%23.2%
Channelview43,605$64,422$195,90015.2%20.3%
Huntsville47,864$47,529$236,60024.3%23.9%
Galveston53,424$55,631$326,00036.0%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.

Free data download: Get all Texas city and county demographics as CSV. Download Cities CSV | Download Counties CSV

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.