Median Age
36 Years
Largest Age Group
25-34 Years
Approximately 15% of Residents
Under 20
27%
Over 65
16%
Avg Rent
$1,046
Population
47,805
Renter Mix
49% Rent
Median Household Income
$54,236
Average: $72,400
Education
9,003
Residents Have a Degree
Job Market
22,794
Workers Employed
Median Age
36 Years
Largest Age Group
25-34 Years
Approximately 15% of Residents
Under 20
27%
Over 65
16%
Housing Distribution
In Sherman, there are roughly the same number of renters and homeowners.
Education Distribution
Review this city's overall education levels.
As of May 2026, the average apartment rent in Sherman, TX is $817 for a studio, $1,044 for one bedroom, $1,235 for two bedrooms, and $1,885 for three bedrooms. Apartment rent in Sherman has decreased by -7.8% in the past year.
The cost of living in Sherman, TX is 8.2% lower than the national average. Generally, housing in Sherman is 16.1% less expensive than the national average, with rent falling between $817 - $1,885. You can expect to pay 7.0% less for groceries, 2.1% more for utilities, and 15.6% less for transportation.
Compare Cities
Explore how walkable, bikeable, drivable, and transit-friendly Sherman, TX is for everyday living.
Somewhat Walkable
Walkability
Exceptionally Drivable
Drivability
Somewhat Bikeable
Bikeability
Public
Grades PK-5
294 Students
Henry W Sory Elementary School
Public
Grades PK-5
548 Students
Public
Grades PK-5
408 Students
Public
Grades PK-5
496 Students
Public
Grades K-5
325 Students
Public
Grades 6-8
818 Students
Public
Grades 6-8
818 Students
Public
Grades 6-8
815 Students
Public
Grades 9-12
2,155 Students
The GreatSchools Rating helps parents compare schools within a state based on a variety of school quality indicators and provides a helpful picture of how effectively each school serves all of its students. Ratings are on a scale of 1 (below average) to 10 (above average) and can include test scores, college readiness, academic progress, advanced courses, equity, discipline and attendance data. We also advise parents to visit schools, consider other information on school performance and programs, and consider family needs as part of the school selection process.
View GreatSchools Rating Methodology
Data provided by
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† Our analysis of utilities, groceries, transportation, healthcare, home prices, and other goods and services is sourced from the Cost of Living Index, a respected benchmark published by the Council for Community and Economic Research (C2ER) that provides a thorough overview of living expenses across different regions.
Rent data is provided by CoStar Group’s Market Trend reports. As the industry leader in commercial real estate information, analytics, and news, CoStar conducts extensive research to produce and maintain a comprehensive database of commercial real estate information. We combine this data with public record to provide the most up-to-date rental information available.
Consumer goods, services, and home prices are sourced from the Cost of Living Index published by the Council for Community and Economic Research (C2ER). The data on this page is updated quarterly. It was last published in February 2026.
Demographic information comes from Neustar and combines detailed address data with U.S. Census and American Community Survey statistics to produce reliable local estimates.