Living in Sherman, South Dakota
Cost of living, income, home prices, rent and demographics of Sherman · Census data 2020–2024
Sherman has 65 residents with a median age of 54.5. The median household income is $72,500 (3% lower than the South Dakota median), the median home value is $90,000, the median rent is $1,375/month.
Sherman is a small town, so Census survey estimates have wide margins of error. Treat percentages as approximate.
Sherman at a glance
- Population
- 65
- Median age
- 54.5State: 38
- Median household income
- $72,500State: $75,081
- Median home value
- $90,000State: $257,400
- Median rent
- $1,375/moState: $946
- Homeowners
- 87.5%
- Bachelor's degree or higher
- 1.9%
- Average commute
- 32 min
Is Sherman a good place to live?
Pros: Home values 65% lower than the state median; a poverty rate of 3.1%.
Cons: Median household income 3% lower than the South Dakota median; an average commute of 32 minutes.
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 $90,000, 73% lower than the U.S. median. Renters pay a median of $1,375 per month. Homeowners with a mortgage pay $1,771 a month in housing costs.
Sherman median household income
The median household income in Sherman is $72,500 and the income per person is $35,300. 3.1% of residents live below the poverty line (South Dakota: 11.9%).
Housing in Sherman: homes for sale and rent
- Housing units
- 32
- Owner-occupied
- 87.5%
- Renter-occupied
- 12.5%
- Vacant
- 0%Includes seasonal homes
- Median year built
- 1980
- Average household size
- 2.03
Sherman demographics
- Population
- 65
- Median age
- 54.5
- Under 18
- 13.8%
- 65 and older
- 20%
- Households
- 32
- Foreign-born
- 0%
- Veterans
- 10.7%Adults 18+
Hispanic or Latino can be of any race. Population history of Sherman ›
Education in Sherman
1.9% of adults 25 and older in Sherman have a bachelor's degree or higher (South Dakota: 31.9%), and 1.9% have a graduate or professional degree.
Jobs and commute in Sherman
- Unemployment rate
- 0%State: 2.9%
- Average commute
- 32 minState: 18 min
- Work from home
- 10.8%
- Drive alone
- 78.4%
- Public transit
- 0%
- Walk to work
- 2.7%
- Homes with broadband
- 75%
Sherman vs nearby towns
| Town | Population | Median income | Home value | Rent |
|---|---|---|---|---|
| Sherman | 65 | $72,500 | $90,000 | $1,375 |
| Garretson | 1,176 | $59,741 | $203,800 | $697 |
| Jasper | 818 | $50,446 | $76,900 | $723 |
| Beaver Creek | 293 | $64,583 | $172,500 | $910 |
| Valley Springs | 996 | $107,222 | $192,600 | $1,028 |
| Brandon | 10,996 | $110,806 | $336,600 | $976 |
| Dell Rapids | 3,905 | $100,170 | $301,700 | $962 |
| Baltic | 1,502 | $107,768 | $254,200 | $1,232 |
| Renner Corner | 279 | $96,050 | $465,600 | — |
More for people moving to Sherman
Sherman ZIP code ›Weather and climate ›Living in Sherman: FAQ
What is the median household income in Sherman, SD?
The median household income in Sherman is $72,500, 3% lower than the South Dakota median of $75,081 (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 $90,000, compared with $257,400 in South Dakota.
How much is rent in Sherman?
The median gross rent in Sherman is $1,375 per month.
Is Sherman, SD a good place to live?
Pluses: home values 65% lower than the state median; a poverty rate of 3.1%. Minuses: median household income 3% lower than the South Dakota median; an average commute of 32 minutes.
What is the median age in Sherman?
The median age in Sherman is 54.5 years (South Dakota: 38).
How long is the commute in Sherman?
The average commute to work in Sherman is 32 minutes; 10.8% of workers work from home.
What is the unemployment rate in Sherman?
The unemployment rate in Sherman is 0% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is Sherman?
1.9% 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.
Last updated: