Sherman County, Nebraska

Income Data

-7% vs. Nebraska average
$61,935
Median Household Income
$32,460
Per Capita Income

At a Glance

Median Household Income
$61,935
-7% vs. state avg
Per Capita Income
$32,460
-18% vs. national
Income-to-Housing Ratio
45.9%
income as % of home value
Rank in Nebraska
#60 / 93
by median household income

How Sherman County Compares

Sherman County$61,935
Nebraska Average$66,880
National Median$74,755

Detailed Income Statistics

$61,935
Median Household Income
$32,460
Per Capita Income
$135,000
Median Home Value
45.9%
Income-to-Housing Ratio

Data Story

About Household Income in Sherman County, Nebraska

Sherman edges closer to national earnings

Sherman County's median household income of $61,935 lags the national median of $74,755 by $12,820, or 17%. While this gap is smaller than many rural Nebraska counties, it still reflects limited access to high-wage employment centers.

Moderately positioned statewide

Sherman's $61,935 income ranks below Nebraska's state median of $66,880, placing it in the middle-lower range of county performance. The county outperforms its western rural neighbors but trails more developed eastern counties.

Strong performer among rural northwest

Sherman ($61,935) significantly exceeds neighboring Sioux County ($54,076) and matches Sheridan County ($56,900) closely. This relative strength likely reflects more diversified agriculture and small business activity than its immediate neighbors.

Housing remains affordable here

A 16.8% rent-to-income ratio is nearly ideal for affordability, keeping housing payments well below the 30% threshold. Sherman's median home value of $135,000 is competitive with the region while remaining accessible to working families.

Leverage stable rural economy

Sherman households enjoy stable agricultural and business income with low housing burdens, creating room for wealth-building. Consider diversifying beyond land assets through employer retirement plans and tax-advantaged savings accounts to reduce economic vulnerability.

Frequently Asked Questions

What is the median household income in Sherman County, Nebraska?
The median household income in Sherman County, Nebraska is $61,935, according to U.S. Census Bureau American Community Survey 2019-2023 5-Year Estimates. This represents the midpoint of all household incomes in the county.
How much do people earn in Sherman County?
The per capita income in Sherman County is $32,460, which represents the average income per person across the entire county population. The median household income — which accounts for all earners in a household — is $61,935.
How does Sherman County compare to the Nebraska average?
Sherman County's median household income of $61,935 is lower than the Nebraska state average of $66,880. The per capita income is $32,460, compared to the state average of $36,101.
What is the per capita income in Sherman County, Nebraska?
The per capita income in Sherman County, Nebraska is $32,460, according to U.S. Census Bureau American Community Survey 2019-2023 5-Year Estimates. Per capita income is calculated by dividing total personal income by total population, providing an average income figure per resident.
Is Sherman County a low-income area in Nebraska?
Sherman County's median household income of $61,935 is below the Nebraska average of $66,880. The per capita income of $32,460 is also lower than the state average of $36,101. Lower incomes can reflect the local economic base, rural vs. urban location, and employment opportunities available in the area.
How does Sherman County rank for income in Nebraska?
Sherman County ranks #60 out of 93 counties in Nebraska by median household income (1 = highest). With a median household income of $61,935 and per capita income of $32,460, it falls in the middle third of counties statewide.

Income Comparison Calculator

See how your household income compares in Sherman County

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Your income is above the Sherman County median

County median: $61,935 per year

vs. County Median

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vs. State Average

-7%

vs. National Median

-17%

vs. Sherman County MedianAbout equal
vs. Nebraska Average7% below
vs. National Median17% below

Income Adequacy

Monthly income covers median rent6.0x

Your monthly income ($5,161) vs. median rent ($866/mo). A ratio of 3.3x or higher means rent is under 30% of income.

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Data: U.S. Census Bureau, American Community Survey (ACS) 5-Year Estimates (2019-2023) — Informational only. Not financial or legal advice.