Sherman County, Kansas
Income Data
U.S. Census Bureau ACSAt a Glance
Economic Indicators
How Sherman County Compares
Detailed Income Statistics
Income Advisory: Sherman County
Income Verdict
Sherman County has a median household income of $64,444 and per capita income of $46,410 — a gap of $18,034, suggesting a higher share of single-earner or non-family households.
Housing Affordability
With median gross rent at $852/month and a median household income of $64,444, rent consumes approximately 15.9% of monthly income — well within affordable thresholds.
Economic Context
With a median household income of $64,444, residents of Sherman County likely face budget constraints in higher-cost regions but may find cost of living manageable locally. Per capita income of $46,410 reflects a relatively affluent population with substantial individual earning capacity.
Neighbor Context
Sherman County earns approximately 0% above the Kansas state median household income of $64,428, positioning it favorably within the state.
Data Story
About Household Income in Sherman County, Kansas
Sherman County underperforms national income
Sherman County's median household income of $64,444 sits roughly $10,300 below the national median of $74,755. However, the county's per capita income of $46,410 is the highest among the eight-county group, suggesting concentrated wealth or fewer dependents per earner.
Sherman slightly above Kansas median
Sherman County's $64,444 household income edges just 16 dollars above Kansas's state median of $64,428, placing it squarely at the state average. This near-perfect alignment reflects Sherman's position as a representative rural Kansas economy.
Mid-range earner in the region
Sherman County's $64,444 median falls in the middle of the eight-county comparison, above Smith ($57,024) and Sumner ($60,348) but below Sheridan ($70,000) and Stanton ($70,361). The county's strong per capita income suggests fewer multi-earner households than neighboring counties.
Affordable housing supports Sherman families
Sherman's rent-to-income ratio of 15.9% indicates housing remains accessible, with median home values of $126,300 representing a strong value relative to median income. Most Sherman households can comfortably afford housing while maintaining emergency savings and discretionary spending.
Maximize savings on Sherman's incomes
Sherman County households averaging $64,444 should prioritize building emergency funds and retirement accounts given the importance of self-reliance in rural areas. Tax-advantaged savings vehicles and agricultural investment opportunities offer pathways to wealth accumulation.
Frequently Asked Questions
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Income Comparison Calculator
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Your income is above the Sherman County median
County median: $64,444 per year
vs. County Median
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vs. State Average
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vs. National Median
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Income Adequacy
Your monthly income ($5,370) vs. median rent ($852/mo). A ratio of 3.3x or higher means rent is under 30% of income.
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Compare RatesData: U.S. Census Bureau, American Community Survey (ACS) 5-Year Estimates (2019-2023) — Informational only. Not financial or legal advice.