Race & Ethnicity
Age Breakdown
Key Indicators
| Median Age | 41.7 yrs |
|---|---|
| Avg HH Size | 2.71 |
| Below Poverty | 0.6% ▼ 94% below avg |
| College Grads | 55.9% ▲ 44% above avg |
| Unemployment | 2.3% ▼ 53% below avg |
| No HS Diploma | 13 (0.4%) |
| HS Graduate | 575 (16.3%) |
| Some College | 467 (13.3%) |
| Associates | 496 (14.1%) |
| Bachelors | 376 (10.7%) |
| Graduate Degree | 1,592 (45.2%) |
Education
Housing Tenure
Home Value Distribution
Financials
| Median HH Income | $142,155 ▲ 86% above avg |
|---|---|
| Median Home Value | $292,000 ≈ Avg |
| Home/Income Ratio | 2.1x (nat avg ~3.5x) |
| Median Rent | $1,565/mo |
| Total Housing Units | 1,981 |
| Vacant Units | 29 |
Income Distribution
How People Get to Work
Commute Time
Year Built
Sherman is a city in Illinois, located in Sangamon County. The city spans 1 ZIP code and is home to approximately 5,422 residents. It is a middle-aged city, with a median age of 41.7 years.
Economically, Sherman is a upper-middle-income community. The median household income of $142,155 is significantly above the national average. Approximately 0.6% of residents live below the poverty line. The unemployment rate is 2.3%, well below the national average.
The real estate market in Sherman is a mid-range housing market. Median home values stand at $292,000, which is near the national average. Renters typically pay around $1,565 per month. Homeownership is high at 92.2%, typical of suburban and family-oriented communities.
The population of Sherman is well-educated. 55.9% of adults hold a bachelor's degree or higher — above the national average. The community is primarily White (92.11%).
Sherman, IL offers residents above-average earning potential within Illinois.
| ZIP | Population | Median Income | Median Home | Median Rent | Unemp. | College | Owner Occ. |
|---|---|---|---|---|---|---|---|
| 62684 | 5,422 | $142,155 | $292,000 | $1,565 | 2.3% | 55.9% | 92.2% |