Here's what it costs to live in Sherman, Texas, based on the latest US government data. Renters pay a median of $1,324 per month, while the typical home is valued around $243,500. Households earn a median of $58,859 per year, leaving rent at a manageable share of income for many residents. Below: housing costs, local wages by occupation, neighborhoods, climate, jobs and major industries, and healthcare access — all drawn from US Census, BEA, BLS, HUD, EPA, and NOAA data.
Median Household Income
$58,859
Annual · Census ACS
Median Gross Rent
$1,324
Per month · Census ACS
Median Home Value
$243,500
Census ACS
Cost of Living Index
N/A
BEA RPP · US avg = 100
Studio FMR
$1,088
HUD Fair Market Rent
1BR Fair Market Rent
$1,089
HUD FMR
2BR Fair Market Rent
$1,351
HUD FMR
3BR Fair Market Rent
$1,879
HUD FMR
HUD Fair Market Rent = 40th percentile gross rent · FY2024
| Occupation | Median Annual Wage |
|---|---|
| 💻Software Developer | N/A |
| 🏥Registered Nurse | N/A |
| 📚Elementary Teacher | N/A |
| ⚡Electrician | N/A |
| 📊Accountant | N/A |
| 🔧Plumber | N/A |
| ⚕️Nurse Practitioner | N/A |
| 🏗️Civil Engineer | N/A |
| 👔Operations Manager | N/A |
| 📈Market Research Analyst | N/A |
| 🏢Health Services Manager | N/A |
| 🚛Truck Driver | N/A |
| 👨⚕️Physician Assistant | N/A |
| 🩺Surgeon | N/A |
| 🧮Data Scientist | N/A |
| 🖥️Computer Engineer | N/A |
Source: BLS OEWS 2023 (metro-level data)
Population
46,397
Latest estimate
Median Age
35.3 yrs
Census ACS
🌬️
AQI data not available
Source: EPA AirNow
Total Neighborhoods
5
Tracked in our database
Avg Walk Score
N/A
0–100 scale
Avg Median Rent
$1,819
Per month
Avg Home Value
$419,300
Census ACS
Healthcare Score
28.9
poor
Hospitals
3
Doctors per 1,000
1.00
Insurance Coverage
82.6%
What is the cost of living index for Sherman?
The cost of living index for Sherman is not yet available in our database.
What is the median rent in Sherman?
The median gross rent in Sherman is $1,324 per month according to US Census ACS data.
What is the median household income in Sherman?
The median household income in Sherman is $58,859 per year.
What is the median home value in Sherman?
The median home value in Sherman is $243,500 based on the latest Census ACS survey.
How is the air quality in Sherman?
Air quality data for Sherman is not yet available.
What are the taxes like in Sherman?
Tax data for Texas is not yet available.
Data last updated: December 1, 2026 · Sources: US Census ACS, BEA RPP, BLS OEWS, HUD FMR, EPA AirNow, Tax Foundation · Methodology
