City profile · Mississippi · Census ACS 2023

Sherman, MS

Population, income, housing, safety, climate and schools for Sherman - drawn straight from Census ACS, FBI UCR, NOAA, NCES, HUD and FEMA, refreshed on the 2024–2025 release cycle.

515
Residents
$57,969
Median income
$151,900
Median home
$994
Median rent (state)

Sherman - the verdict

Out of every US city with 1,000+ residents, Sherman places in the 32nd percentile for household income. Source: Census ACS.

32nd
percentile, household income
27th
percentile, home value
19th
percentile, median rent
📝 How we sourced this

Population, income, and housing-cost figures come from the U.S. Census Bureau American Community Survey 5-year estimates (B-series tables). Crime data uses FBI UCR; climate uses NOAA Climate Normals; school counts come from NCES Common Core of Data; permits use the Census Building Permits Survey (BPS). See our methodology page for the full ETL pipeline and OMB / FIPS join keys.

Data Snapshot: Sherman, MS

515 people live in Sherman, Mississippi - a small town by U.S. Census Bureau ACS 2023 estimates. Sherman households earn a median of $57,969 annually, below the median for U.S. cities on this measure, with a poverty rate of 12.1%. Home values in Sherman run a median of $151,900, and the median resident age is 49.9 years. 15.8% of adults here have a bachelor's degree or higher; 61.3% of working-age residents are in the labor force.

In 2024, 23 residential building permits were authorized in Sherman (Building Boom), up 667% from five years earlier, per Census BPS data.

Living costs in Mississippi run below the national norm: the state registers 87.0 on a 100-equals-national-average index (Well Below Average) per BEA Regional Price Parities 2024. HUD Fair Market Rent for a typical two-bedroom in this state is $994 per month. Monthly utility costs average around $223 across Mississippi, per EIA 2023 residential energy estimates. FEMA's National Risk Index rates natural-hazard exposure at 81.3 out of 100 (High).

Population

515 residents

Census ACS 2023 - Mississippi

Median Household Income

$57,969 /yr

Poverty 12.1%

Cost of Living Index (state)

87.0 (US=100)

Well Below Average - BEA RPP 2024, Mississippi average

How does Sherman compare to other US cities?

Here's how Sherman stacks up against the full field of US cities (population 1,000+), computed live from Census and FBI data.

Household income 32% higher than other cities
Home value 27% pricier than other cities
Median rent 19% pricier than other cities

"Safer than" reflects total crime rate from FBI UCR; the others use Census ACS estimates.

How we calculate these percentiles & ranks

Each percentile compares Sherman against every qualifying US city; each in-state rank narrows that to Mississippi only. Full formula and direction notes: methodology.

Mississippi-relative analysis

Median Gross Rent sits close to the middle of Mississippi's city distribution

Among the 395 Mississippi cities PlainCities tracks with reported median gross rent data, Sherman ranks #100 - the 73rd percentile within the state. This is a different, narrower cut than the nationwide percentiles above: it compares Sherman only against its own state's cities, not the full US field.

Median Household Income
#96 of 345
72nd percentile in Mississippi
Median Gross Rent
#100 of 395
73rd percentile in Mississippi
Median Home Value
#95 of 348
73rd percentile in Mississippi
Poverty Rate
#236 of 393
40th percentile in Mississippi
Bachelor's Degree or Higher
#214 of 394
46th percentile in Mississippi

Ranked by raw value (highest first); a higher rank is not automatically "better" for every measure, see each metric's own context above. This is a comparison within Mississippi only, not a livability score. See the methodology for the source and calculation.

32ndIncome percentile

32nd percentile nationally for median household income. Source: Census ACS 2023 / FBI UCR 2023.

How Sherman's home value compares nationally

Median home value vs. every US city (population 1,000+)

$151,900 Among the most affordable more affordable than 73% of 15,600 US cities

$0–$25,000: 5 US cities (0%). Below this entry. $25,000–$50,000: 54 US cities (0%). Below this entry. $50,000–$75,000: 352 US cities (2%). Below this entry. $75,000–$100,000: 1,086 US cities (7%). Below this entry. $100,000–$125,000: 1,516 US cities (10%). Below this entry. $125,000–$150,000: 1,170 US cities (8%). Below this entry. $150,000–$175,000: 1,278 US cities (8%). This entry sits in this band. $175,000–$200,000: 1,229 US cities (8%). Above this entry. $200,000–$225,000: 1,035 US cities (7%). Above this entry. $225,000–$250,000: 976 US cities (6%). Above this entry. $250,000–$275,000: 754 US cities (5%). Above this entry. $275,000–$300,000: 712 US cities (5%). Above this entry. $300,000–$325,000: 521 US cities (3%). Above this entry. $325,000–$350,000: 526 US cities (3%). Above this entry. $350,000–$375,000: 465 US cities (3%). Above this entry. $375,000–$400,000: 393 US cities (3%). Above this entry. $400,000–$425,000: 317 US cities (2%). Above this entry. $425,000–$450,000: 300 US cities (2%). Above this entry. $450,000–$475,000: 307 US cities (2%). Above this entry. $475,000–$500,000: 250 US cities (2%). Above this entry. $500,000–$525,000: 160 US cities (1%). Above this entry. $525,000–$550,000: 156 US cities (1%). Above this entry. $550,000–$575,000: 172 US cities (1%). Above this entry. $575,000–$600,000: 172 US cities (1%). Above this entry. $600,000–$625,000: 163 US cities (1%). Above this entry. $625,000–$650,000: 167 US cities (1%). Above this entry. $650,000–$675,000: 135 US cities (1%). Above this entry. $675,000–$700,000: 101 US cities (1%). Above this entry. $700,000–$725,000: 95 US cities (1%). Above this entry. $725,000–$750,000: 71 US cities (0%). Above this entry. $750,000–$775,000: 65 US cities (0%). Above this entry. $775,000–$800,000: 70 US cities (0%). Above this entry. $800,000–$825,000: 57 US cities (0%). Above this entry. $825,000–$850,000: 67 US cities (0%). Above this entry. $850,000–$875,000: 60 US cities (0%). Above this entry. $875,000–$900,000: 58 US cities (0%). Above this entry. $900,000–$925,000: 47 US cities (0%). Above this entry. $925,000–$950,000: 37 US cities (0%). Above this entry. $950,000–$975,000: 31 US cities (0%). Above this entry. $975,000–$1,000,000: 470 US cities (3%). Above this entry. $1,000,000–$1,025,000: 0 US cities (0%). Above this entry. Sherman $0 $1,025,000 every US city, bucketed by value

Each bar is a $25K-wide band; taller bars hold more US cities. The dashed line + filled bar mark this entry. Hover or tap any bar for its full count, share, and where it sits relative to this entry.

Source U.S. Census Bureau ACS 5-Year Estimates · 2023

Income distribution context

Household income distribution - Sherman, MS Sherman, MS's reported median household income shown against the U.S. national quintile-share pattern (not Sherman, MS-specific quintile data). The Lorenz curve traces the national cumulative income share against cumulative population share, perfect equality is the diagonal; observed inequality bows below. $ Household Income Distribution Sherman, MS median $57,969/yr, vs. U.S. national quintile pattern QUINTILE SHARE OF AGGREGATE INCOME Lowest 20% 3.4% Second 20% 9.2% Middle 20% 15.1% Fourth 20% 23.2% Top 20% 49.1% LORENZ CURVE cumulative income vs. population 100% 0% 100% pop. 0%
Sherman, MS's median household income (Census ACS 5-year estimate) plotted against the U.S. national income-quintile distribution pattern for context; the quintile shares and Lorenz curve are national figures, not computed specifically for Sherman, MS. Diagonal = perfect equality.

Key socioeconomic indicators

Bachelor's degree or higher (adults 25+) 15.8%

Census ACS S1501, educational attainment

Poverty rate (households below FPL) 12.1%

Census ACS S1701, poverty status

Labor force participation (adults 16+) 61.3%

Census ACS S2301, share of working-age residents in the labor force

Population
515
Median Income
$57,969
Median Home Value
$151,900
Median Age
49.9
Poverty Rate
12.1%
Labor force participation
61.3%
Bachelor's Degree+
15.8%

Population Change

Annual U.S. Census Bureau Population Estimates Program (PEP) estimates, 2020–2025

See the fastest-growing cities →
550 residents600 residents650 residents700 residents 202020212022202320242025 600 residents 680 residents ▲ +13.3%
Sherman's Census PEP population estimates, 2020–2025.

Housing Supply

Census Bureau Building Permits Survey (BPS) - annual residential permits authorized

📈 Building Boom
Total Permits (2024)
23
housing units authorized
Single-Family
23
detached homes
Multifamily
0
apartments & condos
Supply Intensity
44.7
permits per 1,000 residents

5-Year Permit Trend (2019–2024)

Year Total
2019 3
2020 3
2021 4
2022 8
2023 8
2024 23

Permit volume increased 667% from 2019 to 2024.

Commute Patterns

How workers travel to work, Census ACS 2023

Drive Alone
90.4%
Carpool
8.0%
Public Transit
0.0%
Walk
1.6%
Work from Home
0.0%

Based on 249 workers 16 and over.

Monthly Utility Costs

State-average estimates for Mississippi - EIA 2023 residential energy data

Electricity
$135
avg/month
Natural Gas
$50
avg/month
Water & Sewer
$38
avg/month
Total Utilities
$223
estimated/month

Estimates reflect Mississippi state averages. Actual costs vary by home size, usage, and local rates. Source: U.S. Energy Information Administration (EIA) 2023.

Living Costs & Risk

Cost of living is a Mississippi state average from BEA; rent and hazard risk are county-level figures from HUD and FEMA for the county Sherman sits in

Cost of Living Index
87.0
Well Below Average
US average = 100 · BEA RPP 2024
Typical 2-BR Rent
$994/mo
HUD Fair Market Rent
County-level FMR estimate
Natural Hazard Risk
81.3 / 100
High
FEMA NRI composite score (county)

Cities of a Similar Size Nationwide

Population-matched peers from other states, closest to Sherman's 515 residents (Census ACS 5-Year 2023).

Cities with a Similar Household Income Nationwide

Median-household-income-matched peers from other states, closest to Sherman's $57,969 (Census ACS 5-Year 2023, table B19013).

Race & Ethnicity Composition

Race and ethnicity - Sherman, MS Race categories sum to one hundred percent per Census methodology. Hispanic or Latino is shown separately as an ethnicity overlay; it cuts across all race categories per OMB Directive 15. Race & Ethnicity Composition Sherman, MS - Census ACS, OMB race + ethnicity categories RACE, sums to 100% 87.4% 8.7% ETHNICITY, Hispanic or Latino (any race) 1.0% White 87.4% Black or African American 8.7% Asian 0.0% American Indian 0.0% Native Hawaiian 0.0% Some other race 0.0% Two or more races 3.9% Per OMB Directive 15: Hispanic/Latino ethnicity is reported separately from the race categories.
Race categories sum to 100%. Hispanic or Latino ethnicity is reported separately and cuts across race per Census/OMB methodology.

City-level race and ethnicity, Census ACS 5-year 2023 (tables B02001, B03001), OMB Directive 15 categories.

How Sherman compares to nearby Mississippi cities

Population + median household income, sourced from Census Bureau ACS 5-year B01001 (population) and B19013 (median household income).

City Population Median Household Income
Sherman (this city) 515 $57,969
Lakeview 516 N/A
Kilmichael 520 $41,333
Lake 523 $37,813
Census ACS 5-year FIPS MS Census BPS 2024 OMB Bulletin 23-01

What do people ask about Sherman, MS?

What is the population of Sherman, MS? +

Sherman, MS counts 515 residents according to U.S. Census Bureau ACS 2023 estimates.

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

The median household income in Sherman is $57,969 per year, based on Census ACS 2023 data.

What is the cost of living in Sherman? +

BEA does not publish a city-level cost-of-living figure for Sherman; the closest available measure is the Mississippi state average, a cost of living index of 87.0 (U.S. average = 100), rated "Well Below Average" based on BEA Regional Price Parities 2024 data. Costs within Mississippi vary by metro area.

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

Homes in Sherman carry a median value of $151,900, according to Census ACS 2023 estimates.

Source: U.S. Census Bureau ACS 5-Year 2023, Census BPS 2024, Census ACS B08301/B08136, U.S. Energy Information Administration (EIA) 2023, BEA Regional Price Parities 2024, HUD Fair Market Rents 2026, FEMA National Risk Index.

Primary sources: Census ACS, FBI UCR, NOAA Climate Normals, NCES.

Citation & verification links Data sourced from the U.S. Census Bureau. See our methodology for details. Retrieved and formatted by PlainCities

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Every figure on PlainCities is rendered directly from Census ACS source data, no number is typed in by an editor. This page draws directly on Census ACS source data, no figure is typed in by an editor. See our editorial standards & corrections policy, the methodology behind these numbers, or report a data error.