Housing data for Sherman Township (Newaygo County), MI
Sherman Township (Newaygo County), MI has an estimated 2,206 residents and 1,022 homes (US Census Bureau, 2020–2024 American Community Survey).
It is a township in Newaygo County.
6.6% of households rent.
The median gross rent is $1,104 a month.
Figures last updated on .
- Residents
- 2,206 (±329)
- Housing units
- 1,022 (±136)
- Households that rent
- 6.6%
- Median gross rent
- $1,104
- Residents since 2015–2019
- +3.7%
What stands out in Sherman Township (Newaygo County)
Households that rent: 6.6% (±3.1 points) in Sherman Township (Newaygo County), lower than in Newaygo County (13.5%).
Median home value: $240,400 (±$37,055) in Sherman Township (Newaygo County), higher than in Newaygo County ($186,700).
Median real estate taxes: $2,661 (±$460) in Sherman Township (Newaygo County), higher than in Newaygo County ($2,055).
Average commute: 24.2 minutes (±3.5) in Sherman Township (Newaygo County), lower than in Newaygo County (30.6 minutes).
- Renters and owners in Sherman Township (Newaygo County)
- Home values in Sherman Township (Newaygo County)
- Property taxes in Sherman Township (Newaygo County)
- Commute and cars in Sherman Township (Newaygo County)
Housing in Sherman Township (Newaygo County) at a glance
- Median rent: $1,104 median gross rent a month (Small sample: wide margin of error)
- Rent by bedrooms: $1,563 median gross rent, 2 bedrooms (Small sample: wide margin of error)
- Rent burden: 39.5% of renters pay 30% or more of income (Small sample: wide margin of error)
- Renters and owners: 6.6% of households rent
- Income and affordability: $67,065 median household income
- Home values: $240,400 median home value
- Homeowner costs: $1,461 median monthly cost with a mortgage
- Property taxes: $2,661 median real estate taxes a year
- Types of homes: 1.4% of homes are in buildings of 5 or more units
- Bedrooms: 63.8% of homes have 3 or more bedrooms
- Age of homes: 48.3% of homes were built before 1980
- Vacancy rate: 0.0% rental vacancy rate (Small sample: wide margin of error)
- Heating fuel: 57.9% heat with utility gas
- Commute and cars: 24.2 minutes average trip to work
- Growth: +3.7% residents since 2015–2019
- How long people stay: 13.1% moved in since 2020
- Crowding and facilities: 0.7% of homes have more than 1 person per room (Small sample: wide margin of error)
Sherman Township (Newaygo County) against Newaygo County, its state and the nation
| Sherman Township (Newaygo County) | Newaygo County | Michigan | United States | |
|---|---|---|---|---|
| Residents | 2,206 (±329) | 50,792 (exact) | 10,077,761 (exact) | 334,922,499 |
| Housing units | 1,022 (±136) | 24,931 (±72) | 4,622,236 (±795) | 143,775,355 |
| Households that rent | 6.6% (±3.1 points) | 13.5% (±1.3 points) | 26.8% (±0.2 points) | 34.8% |
| Median gross rent | $1,104 (±$541) | $904 (±$61) | $1,129 (±$4) | $1,413 |
| Median household income | $67,065 (±$13,766) | $63,304 (±$2,643) | $72,875 (±$293) | $80,734 |
| Median home value | $240,400 (±$37,055) | $186,700 (±$7,057) | $231,600 (±$642) | $332,700 |
| Median real estate taxes (a year) | $2,661 (±$460) | $2,055 (±$95) | $2,904 (±$9) | $3,119 |
| Built before 1980 | 48.3% (±10.2 points) | 53.3% (±2.7 points) | 62.1% (±0.2 points) | 49.7% |
| Average commute | 24.2 minutes (±3.5) | 30.6 minutes (±1.2) | 24.2 minutes (±0.1) | 26.4 minutes |
| Households with broadband | 80.9% (±7.4 points) | 83.8% (±1.4 points) | 90.5% (±0.1 points) | 91.0% |
| Median age of residents | 46.5 years (±8.9) | 42.7 years (±0.4) | 40.2 years (±0.1) | 38.9 years |
Sherman Township (Newaygo County) covers 34.5 square miles of land, about 64 residents per square mile (Census Bureau Gazetteer).
How Sherman Township (Newaygo County) has changed since 2015–2019
| 2015–2019 | 2020–2024 | Amount of change | Verdict | |
|---|---|---|---|---|
| Residents | 2,127 (±220) | 2,206 (±329) | +3.7% | Not a measurable change |
| Housing units | 1,102 (±85) | 1,022 (±136) | −7.3% | Not a measurable change |
| Median gross rent | $746 (±$161) | $1,104 (±$541) | +48.0% | No measurable change after inflation |
| Median home value | $144,000 (±$25,357) | $240,400 (±$37,055) | +66.9% | Up after inflation |
| Median household income | $54,593 (±$4,589) | $67,065 (±$13,766) | +22.8% | No measurable change after inflation |
| Median owner cost with a mortgage | $1,072 (±$83) | $1,461 (±$257) | +36.3% | No measurable change after inflation |
| Median real estate taxes | $1,793 (±$291) | $2,661 (±$460) | +48.4% | No measurable change after inflation |
| Households that rent | 9.8% (±3.3 points) | 6.6% (±3.1 points) | −3.2 percentage points | Not a measurable change |
| Rental vacancy rate | 4.8% (±6.7 points) | 0.0% (±38.8 points) | −4.8 percentage points | Not a measurable change |
The Census Bureau publishes 2015–2019 dollars in 2019 dollars and 2020–2024 dollars in 2024 dollars.
Prices (the CPI-U, US Bureau of Labor Statistics) rose 22.7% between 2019 and 2024, so a dollar figure’s verdict compares the two after raising the earlier one by that much, using the Census Bureau’s test for a difference.
The two periods do not overlap, as the Census Bureau recommends for 5-year estimates.
ZIP codes in Sherman Township (Newaygo County)
| ZIP code | Share of the ZIP’s land in this place | Residents | Median gross rent | Median home value | Median household income |
|---|---|---|---|---|---|
| 49412 | 22% | 12,097 | $790 | $197,900 | $66,741 |
A ZIP code is a mail route rather than a boundary, so the Census Bureau publishes figures for ZIP Code Tabulation Areas built from census blocks; the share column says how much of each one’s land lies in this place.
Places near Sherman Township (Newaygo County)
| Place | Distance | Median gross rent | Median home value | Households that rent |
|---|---|---|---|---|
| White Cloud | 5.3 mi | $831 | $165,900 | 34.4% |
| Fremont | 5.9 mi | $730 | $194,700 | 29.5% |
| Garfield Township (Newaygo County) | 6.2 mi | $1,125 | $250,700 | 5.6% |
| Dayton Township (Newaygo County) | 6.3 mi | $979 | $251,900 | 10.7% |
| Everett Township | 6.6 mi | $819 | $164,200 | 10.4% |
| Lincoln Township (Newaygo County) | 6.8 mi | $1,024 | $162,300 | 12.4% |
| Newaygo | 7.6 mi | $1,040 | $115,200 | 41.7% |
| Denver Township (Newaygo County) | 8.0 mi | $783 | $114,500 | 11.6% |
Places in Michigan most like Sherman Township (Newaygo County)
| Place | Median gross rent | Median home value | Median household income | Households that rent |
|---|---|---|---|---|
| Golden Township | $1,033 | $264,700 | $67,426 | 8.4% |
| Claybanks Township | $1,117 | $275,000 | $68,281 | 11.0% |
| Montcalm Township | $984 | $210,600 | $71,293 | 5.9% |
| Ganges Township | $1,022 | $266,200 | $77,675 | 5.4% |
| Ferrysburg | $1,257 | $239,900 | $70,400 | 9.5% |
| Stambaugh Township | $1,150 | $188,100 | $70,673 | 5.2% |
Matched on rent, home value, income, the share who rent, the age of the homes, the share in apartment buildings and the commute, each measured against the spread across Michigan.
HUD Fair Market Rent for Sherman Township (Newaygo County), fiscal year 2027
| Studio | 1 bedroom | 2 bedrooms | 3 bedrooms | 4 bedrooms |
|---|---|---|---|---|
| $733 | $786 | $1,028 | $1,423 | $1,445 |
HUD income limits for Sherman Township (Newaygo County), fiscal year 2026
| Household size | Extremely low (30%) | Very low (50%) | Low (80%) |
|---|---|---|---|
| 1 person | $17,600 | $29,300 | $46,850 |
| 2 people | $21,640 | $33,450 | $53,550 |
| 3 people | $27,320 | $37,650 | $60,250 |
| 4 people | $33,000 | $41,800 | $66,900 |
| 5 people | $38,680 | $45,150 | $72,300 |
| 6 people | $44,360 | $48,500 | $77,650 |
| 7 people | $50,040 | $51,850 | $83,000 |
| 8 people | $55,200 | $55,200 | $88,350 |
These are the limits HUD sets for its housing programs in the Newaygo County, MI, where HUD’s median family income for fiscal year 2026 is $79,300.
A program can use its own limits; tax-credit and local programs often do.
Survey years: 2020–2024 (American Community Survey 5-year estimates), compared with 2015–2019.
Margins of error are at the 90% confidence level.
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Questions about Sherman Township (Newaygo County)
How many renters are there in Sherman Township (Newaygo County)?
Sherman Township (Newaygo County) has an estimated 54 (±25) renting households, 6.6% of its occupied homes (2020–2024 American Community Survey).
What is the median household income in Sherman Township (Newaygo County)?
The median household income in Sherman Township (Newaygo County) is $67,065 (±$13,766) a year (2020–2024 American Community Survey).
What is the average home value in Sherman Township (Newaygo County), MI?
The Census Bureau publishes the median: $240,400 (±$37,055) for owner-occupied homes in Sherman Township (Newaygo County) (2020–2024 American Community Survey).
What is the average mortgage payment in Sherman Township (Newaygo County)?
The Census Bureau publishes total owner costs rather than the mortgage alone: the median for owners with a mortgage in Sherman Township (Newaygo County), MI is $1,461 (±$257) a month, including taxes, insurance and utilities.
How much are property taxes in Sherman Township (Newaygo County)?
The median real estate tax paid by homeowners in Sherman Township (Newaygo County), MI is $2,661 (±$460) a year (2020–2024 American Community Survey).
How many homes are in Sherman Township (Newaygo County)?
Sherman Township (Newaygo County), MI has an estimated 1,022 (±136) housing units, occupied and vacant (2020–2024 American Community Survey).
Is Sherman Township (Newaygo County) growing?
In Sherman Township (Newaygo County), the number of residents went from 2,127 in 2015–2019 to 2,206 in 2020–2024 (+3.7%), not a measurable change.
What ZIP codes are in Sherman Township (Newaygo County)?
The ZIP code that covers Sherman Township (Newaygo County) is 49412.
What is the median rent in ZIP code 49412?
The median gross rent in ZIP Code Tabulation Area 49412 is $790 (±$121) a month (2020–2024 American Community Survey).
Sources
- Demographic and Housing Estimates (DP05), 2020–2024 ACS 5-year estimates — Sherman township, Newaygo County, Michigan
- Selected Housing Characteristics (DP04), 2020–2024 ACS 5-year estimates — Sherman township, Newaygo County, Michigan
- Selected Economic Characteristics (DP03), 2020–2024 ACS 5-year estimates — Sherman township, Newaygo County, Michigan
- Median Real Estate Taxes Paid by Mortgage Status (B25103), 2020–2024 ACS 5-year estimates — Sherman township, Newaygo County, Michigan
- Selected Social Characteristics (DP02), 2020–2024 ACS 5-year estimates — Sherman township, Newaygo County, Michigan
- Total Population (B01003), 2015–2019 ACS 5-year estimates — Sherman township, Newaygo County, Michigan
- Median Gross Rent (B25064), 2015–2019 ACS 5-year estimates — Sherman township, Newaygo County, Michigan
- HUD Fair Market Rents, fiscal year 2027: Newaygo County, MI
- HUD Income Limits, fiscal year 2026: Newaygo County, MI
- US Census Bureau, American Community Survey 2020–2024 5-year estimates for ZIP Code Tabulation Areas
- Consumer Price Index for All Urban Consumers (CPI-U), US city average, all items, US Bureau of Labor Statistics: annual averages 2019 and 2024
- US Census Bureau, 2024 Gazetteer Files
To check these figures in the Census Bureau’s own API, request the variables below from the 2024 ACS 5-year data profile (acs/acs5/profile) for Sherman township, Newaygo County, Michigan (county subdivision:73260, in state:26 county:123).
Each estimate (E or PE) has a margin of error beside it (M or PM).
The 2015–2019 figures are B01003_001E, B01003_001M, B25064_001E, B25064_001M from the 2019 release.
The API needs a free key.
DP05_0001E, DP05_0001M, DP04_0001E, DP04_0001M, DP04_0047PE, DP04_0047PM, DP04_0134E, DP04_0134M, DP03_0062E, DP03_0062M, DP04_0089E, DP04_0089M
This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.
Figures are published by the US Census Bureau, HUD, the Bureau of Labor Statistics and the FBI; Seayora reproduces them and does not adjust them, except where a sentence says it compares dollar figures after inflation. They describe the whole place, not any one building or street, and are not an appraisal, a rent determination, a tax bill, a safety rating or legal advice.
Figures last updated on .