Race & Ethnicity
Age Breakdown
Key Indicators
| Median Age | 59.3 yrs |
|---|---|
| Avg HH Size | 2.19 |
| Below Poverty | 2.9% ▼ 71% below avg |
| College Grads | 68.0% ▲ 76% above avg |
| Unemployment | 4.3% ▼ 12% below avg |
| HS Graduate | 390 (14.5%) |
| Some College | 126 (4.7%) |
| Associates | 347 (12.9%) |
| Bachelors | 150 (5.6%) |
| Graduate Degree | 1,685 (62.5%) |
Education
Housing Tenure
Home Value Distribution
Financials
| Median HH Income | $106,313 ▲ 39% above avg |
|---|---|
| Median Home Value | $518,600 ▲ 86% above avg |
| Home/Income Ratio | 4.9x (nat avg ~3.5x) |
| Median Rent | $1,740/mo |
| Total Housing Units | 1,971 |
| Vacant Units | 362 |
Income Distribution
How People Get to Work
Commute Time
Year Built
Sherman is a city in Connecticut, located in Western Connecticut County. The city spans 1 ZIP code and is home to approximately 3,525 residents. It is an older city, with a median age of 59.3 years.
Economically, Sherman is a upper-middle-income community. The median household income of $106,313 is above the national average. Approximately 2.9% of residents live below the poverty line. The unemployment rate is 4.3%, near the national average.
The real estate market in Sherman is a premium housing market. Median home values stand at $518,600, which is significantly above the national average. Renters typically pay around $1,740 per month. Homeownership is high at 95.8%, typical of suburban and family-oriented communities.
The population of Sherman is highly educated. 68.0% of adults hold a bachelor's degree or higher — significantly above the national average. The community is primarily White (84.4%).
Sherman, CT offers residents above-average earning potential within Connecticut.
| ZIP | Population | Median Income | Median Home | Median Rent | Unemp. | College | Owner Occ. |
|---|---|---|---|---|---|---|---|
| 06784 | 3,525 | $106,313 | $518,600 | $1,740 | 4.3% | 68.0% | 95.8% |