Sherman, TX
46,397Residents
$58,859Median household income
$1,324/moMedian gross rent
$243,500Median home value
35.3Median age
24%Adults with a bachelor’s degree or higher
53%Homes lived in by their owners
4.1×Home value to household income
Median rent takes about 27% of the median household income in Sherman.
What pay do you need to rent here?
To keep rent at or below 30% of gross pay, you would need about $53,000 a year. In Texas that leaves roughly $3,730 a month after tax. See the full paycheck breakdown for $55,000.
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Source: Census ACS 2024 ACS 5-year, places. Small places carry larger margins of error.