Sherman County, Texas
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 $74,167 and per capita income of $52,788 — a gap of $21,379, suggesting a higher share of single-earner or non-family households.
Housing Affordability
With median gross rent at $881/month and a median household income of $74,167, rent consumes approximately 14.3% of monthly income — well within affordable thresholds.
Economic Context
A median household income of $74,167 suggests moderate-to-strong purchasing power, generally sufficient to cover essentials with room for discretionary spending in most markets. Per capita income of $52,788 reflects a relatively affluent population with substantial individual earning capacity.
Neighbor Context
Sherman County earns approximately 14.6% above the Texas state median household income of $64,737, positioning it favorably within the state.
Data Story
About Household Income in Sherman County, Texas
Nearly at National Income Parity
Sherman County's median household income of $74,167 falls just short of the national median of $74,755 by $588. This near-perfect alignment suggests Sherman households earn at the same level as the typical American family.
Above-Average Earners for Texas
Sherman's $74,167 income exceeds the Texas county average of $64,737 by over $9,400, ranking the county in the upper-middle tier of Texas counties. The per capita income of $52,788 substantially outpaces the state average of $33,197, signaling strong individual earning power.
Strong Position in Regional Context
Sherman ranks among the top earners regionally, trailing only Somervell ($83,382) and Sterling ($78,750) while significantly outpacing Shelby ($50,436) and Starr ($38,182). The county's elevated per capita income suggests a strong, diversified job market supporting higher individual wages.
Excellent Housing Affordability
Sherman's rent-to-income ratio of 14.3% sits comfortably below the 28% affordability threshold, leaving households ample room for other expenses. With a median home value of $125,500 relative to $74,167 household income, homeownership remains achievable without financial strain.
Invest in Your Financial Future
Sherman's strong income and low housing burden create an ideal platform for wealth-building through retirement savings and investments. Maximize contributions to 401(k)s, IRAs, and diversified portfolios to capitalize on years of solid earning potential.
Frequently Asked Questions
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Income Comparison Calculator
See how your household income compares in Sherman County
Your income is above the Sherman County median
County median: $74,167 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 ($6,181) vs. median rent ($881/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.