The Town of Sherman had a population of 718 as of July 1, 2021. Sherman ranks in the lower quartile for Diversity Index when compared to the other cities, towns and Census Designated Places (CDPs) in Mississippi. See peer rankings below.
The primary coordinate point for Sherman is located at latitude 34.3593 and longitude -88.8412 in Pontotoc County. The formal boundaries for the Town of Sherman encompass a land area of 1.74 sq. miles and a water area of 0 sq. miles. Pontotoc County is in the Central time zone (GMT -6). The elevation is 361 feet.
While the primary coordinates for Town of Sherman are located in Pontotoc County, it should be noted that the formal boundaries for this community also extend into and Union County.
The Town of Sherman has a C1 Census Class Code which indicates an active incorporated place that does not serve as a county subdivision equivalent. It also has a Functional Status Code of "A" which identifies an active government providing primary general-purpose functions.
|Total Population||718 (100%)|
|Population in Households||718 (100.0%)|
|Population in Families||608 (84.7%)|
|Population in Group Quarters1||0|
|Median Household Income||$36,145|
|Average Household Income||$54,332|
|% of Income for Mortgage4||18%|
|Per Capita Income||$21,572|
|Total HU (Housing Units)||315 (100%)|
|Owner Occupied HU||197 (62.5%)|
|Renter Occupied HU||96 (30.5%)|
|Vacant Housing Units||22 ( 7.0%)|
|Median Home Value||$154,070|
|Average Home Value||$164,975|
|Housing Affordability Index3||153|
|Average Household Size||2.45|
|Average Family Size||3|
GROWTH RATE / YEAR
|Median Household Income||1.1%|
|Per Capita Income||1.91%|
|Owner Occupied HU||0.9%|
The table below compares Sherman to the other 362 incorporated cities, towns and CDPs in Mississippi by rank and percentile using July 1, 2021 data. The location Ranked # 1 has the highest value. A location that ranks higher than 75% of its peers would be in the 75th percentile of the peer group.
|Total Population||# 230||37th|
|Population Density||# 208||43rd|
|Median Household Income||# 201||45th|
|Housing Affordability Index||# 49||14th|
|Per Capita Income||# 144||60th|
|Diversity Index||# 275||24th|
Additional comparisons and rankings can be made with a VERY EASY TO USE Mississippi Census Data Comparison Tool.