Living in Sherman, New York
Cost of living, income, home prices, rent and demographics of Sherman · Census data 2020–2024
Sherman has 590 residents with a median age of 36.8. The median household income is $46,346 (46% lower than the New York median), the median home value is $109,500, the median rent is $544/month.
Sherman is a small town, so Census survey estimates have wide margins of error. Treat percentages as approximate.
Sherman at a glance
- Population
- 590
- Median age
- 36.8State: 39.8
- Median household income
- $46,346State: $85,974
- Median home value
- $109,500State: $423,800
- Median rent
- $544/moState: $1,621
- Homeowners
- 71.1%
- Bachelor's degree or higher
- 19.2%
- Average commute
- 22 min
Is Sherman a good place to live?
Pros: Home values 74% lower than the state median; an average commute of 22 minutes; unemployment of 2.9%.
Cons: Median household income 46% lower than the New York median; a poverty rate of 20%.
The weather is best in June to September.
Cost of living in Sherman
Housing is the biggest part of the cost of living. In Sherman the median home value is $109,500, 67% lower than the U.S. median. Renters pay a median of $544 per month, which is 25.2% of household income. Homeowners with a mortgage pay $1,125 a month in housing costs.
Sherman median household income
The median household income in Sherman is $46,346 and the income per person is $30,102. 20% of residents live below the poverty line (New York: 14%).
Housing in Sherman: homes for sale and rent
- Housing units
- 265
- Owner-occupied
- 71.1%
- Renter-occupied
- 28.9%
- Vacant
- 12.5%Includes seasonal homes
- Median year built
- 1938
- Average household size
- 2.54
Sherman demographics
- Population
- 590
- Median age
- 36.8
- Under 18
- 29.7%
- 65 and older
- 22.2%
- Households
- 232
- Foreign-born
- 1%
- Veterans
- 13%Adults 18+
Hispanic or Latino can be of any race. Population history of Sherman ›
Education in Sherman
19.2% of adults 25 and older in Sherman have a bachelor's degree or higher (New York: 40.2%), and 9.5% have a graduate or professional degree.
Jobs and commute in Sherman
- Unemployment rate
- 2.9%State: 6.4%
- Average commute
- 22 minState: 33 min
- Work from home
- 6.6%
- Drive alone
- 74.3%
- Public transit
- 0%
- Walk to work
- 9.7%
- Homes with broadband
- 83.6%
Sherman vs nearby towns
| Town | Population | Median income | Home value | Rent |
|---|---|---|---|---|
| Sherman | 590 | $46,346 | $109,500 | $544 |
| Mayville | 1,268 | $68,611 | $161,400 | $631 |
| Panama | 451 | $60,865 | $105,400 | $785 |
| Ripley | 920 | $52,614 | $112,000 | $642 |
| Bemus Point | 191 | $86,250 | $386,400 | $688 |
| Westfield | 3,185 | $46,774 | $102,600 | $650 |
| Bear Lake | 132 | $38,750 | $70,000 | — |
| Greenfield | 2,051 | $83,343 | $220,500 | $1,013 |
| North East | 4,054 | $68,828 | $167,000 | $769 |
More for people moving to Sherman
Sherman ZIP code ›Weather and climate ›Living in Sherman: FAQ
What is the median household income in Sherman, NY?
The median household income in Sherman is $46,346, 46% lower than the New York median of $85,974 (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
What is the average home price in Sherman?
The median home value in Sherman is $109,500, compared with $423,800 in New York.
How much is rent in Sherman?
The median gross rent in Sherman is $544 per month, about 25.2% of household income.
Is Sherman, NY a good place to live?
Pluses: home values 74% lower than the state median; an average commute of 22 minutes; unemployment of 2.9%. Minuses: median household income 46% lower than the New York median; a poverty rate of 20%.
What is the median age in Sherman?
The median age in Sherman is 36.8 years (New York: 39.8).
How long is the commute in Sherman?
The average commute to work in Sherman is 22 minutes; 6.6% of workers work from home.
What is the unemployment rate in Sherman?
The unemployment rate in Sherman is 2.9% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is Sherman?
19.2% of adults in Sherman have a bachelor's degree or higher.
Source: U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024 (margins of error apply, especially in small towns). Figures are in 2024 dollars.
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