What percentage of people rent in Sherman, MS?
41.9% (±13.7 points) of the occupied homes in Sherman, MS are rented (2020–2024 American Community Survey).
That is 85 renting households against 118 that own their home.
In Sherman, the share of households that rent went from 48.1% in 2015–2019 to 41.9% in 2020–2024 (−6.2 percentage points), not a measurable change.
Figures last updated on .
- Households that rent
- 41.9% (±13.7 points)
- Renting households
- 85 (±39)
- Median renter income
- $37,250 (±$17,807)
Who rents and who owns in Sherman
| Sherman | Pontotoc County | Mississippi | United States | |
|---|---|---|---|---|
| Renter-occupied share | 41.9% (±13.7 points) | 30.2% (±3.7 points) | 30.0% (±0.4 points) | 34.8% |
| Renting households | 85 (±39) | 3,575 (±470) | 343,643 (±4,301) | 45,017,354 |
| Owning households | 118 (±41) | 8,244 (±482) | 801,788 (±5,929) | 84,210,142 |
| Average renter household size | 2.9 (±0.7) | 2.5 (±0.2) | 2.4 (±0.0) | 2.3 |
| Average owner household size | 2.5 (±0.5) | 2.7 (±0.1) | 2.6 (±0.0) | 2.6 |
| Median renter household income | $37,250 (±$17,807) | $36,789 (±$1,616) | $34,642 (±$649) | $52,966 |
| Median owner household income | $70,909 (±$21,946) | $69,048 (±$9,666) | $69,744 (±$684) | $100,009 |
In Sherman, the renter share is not measurably different from Pontotoc County (30.2%).
It is not measurably different from Mississippi (30.0%).
It is not measurably different from the national figure (34.8%).
In Pontotoc County, Sherman ranks 2 of 6 places with a published estimate, from highest to lowest renter share.
Statewide, it ranks 101 of 335.
Rankings use the estimates alone; where margins of error overlap, neighboring ranks may not truly differ.
How renting in Sherman has changed since 2015–2019
| 2015–2019 | 2020–2024 | Amount of change | Verdict | |
|---|---|---|---|---|
| Households that rent | 48.1% (±12.3 points) | 41.9% (±13.7 points) | −6.2 percentage points | Not a measurable change |
| Median gross rent | $563 (±$184) | $982 (±$170) | +74.4% | Up after inflation |
| Median household income | $23,472 (±$9,960) | $52,404 (±$19,483) | +123.3% | Up after inflation |
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.
Households that rent in places near Sherman
| Place | Distance | Households that rent | Compared with this place |
|---|---|---|---|
| Sherman | — | 41.9% (±13.7 points) | — |
| Blue Springs | 3.3 mi | 37.0% (±17.9 points) | Not measurably different |
| Saltillo | 8.2 mi | 16.5% (±8.5 points) | Lower |
| Tupelo | 8.7 mi | 36.6% (±3.0 points) | Not measurably different |
| Ecru | 11 mi | 24.6% (±10.0 points) | Lower |
| Guntown | 11 mi | 16.6% (±8.0 points) | Lower |
| Pontotoc | 12 mi | 46.2% (±9.6 points) | Not measurably different |
| Verona | 14 mi | 72.7% (±9.5 points) | Higher |
| New Albany | 14 mi | 38.3% (±6.2 points) | Not measurably different |
Nearby places with a measurably lower figure: Saltillo, MS (16.5%), Ecru, MS (24.6%), Guntown, MS (16.6%).
Nearby places with a measurably higher figure: Verona, MS (72.7%).
Distance is measured in a straight line between the Census Bureau’s internal points for each place.
Households that rent across Pontotoc County, place by place
| Rank | Place | Households that rent |
|---|---|---|
| 1 | Pontotoc | 46.2% (±9.6 points) |
| 2 | Sherman | 41.9% (±13.7 points) |
| 3 | Ecru | 24.6% (±10.0 points) |
| 4 | Thaxton | 12.6% (±6.7 points) |
| 5 | Algoma | 10.6% (±8.4 points) |
| 6 | Toccopola | 6.4% (±6.2 points) |
Survey years: 2020–2024 (American Community Survey 5-year estimates), compared with 2015–2019.
Margins of error are at the 90% confidence level.
What you can do on Seayora in Sherman
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Questions about Sherman
How many renters are there in Sherman?
Sherman has an estimated 85 (±39) renting households, 41.9% of its occupied homes (2020–2024 American Community Survey).
Is renting growing in Sherman?
In Sherman, the share of households that rent went from 48.1% in 2015–2019 to 41.9% in 2020–2024 (−6.2 percentage points), not a measurable change.
How big are renting households in Sherman?
A renting household in Sherman has 2.9 people on average, against 2.5 in an owned home.
How much do renters earn in Sherman?
The median renting household in Sherman, MS has an income of $37,250 (±$17,807) a year, against $70,909 for households that own their home.
Sources
- Selected Housing Characteristics (DP04), 2020–2024 ACS 5-year estimates — Sherman town, Mississippi
- Median Household Income by Tenure (B25119), 2020–2024 ACS 5-year estimates — Sherman town, Mississippi
- Selected Housing Characteristics (DP04), 2015–2019 ACS 5-year estimates — Sherman town, Mississippi
- Median Gross Rent (B25064), 2015–2019 ACS 5-year estimates — Sherman town, Mississippi
- Median Household Income (B19013), 2015–2019 ACS 5-year estimates — Sherman town, Mississippi
- Consumer Price Index for All Urban Consumers (CPI-U), US city average, all items, US Bureau of Labor Statistics: annual averages 2019 and 2024
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) and detailed tables (acs/acs5) for Sherman town, Mississippi (place:67200, in state:28).
Each estimate (E or PE) has a margin of error beside it (M or PM).
The 2015–2019 figures are DP04_0047PE, DP04_0047PM, B25064_001E, B25064_001M, B19013_001E, B19013_001M from the 2019 release.
The API needs a free key.
DP04_0047PE, DP04_0047PM, DP04_0047E, DP04_0047M, DP04_0046E, DP04_0046M, DP04_0049E, DP04_0049M, DP04_0048E, DP04_0048M, B25119_003E, B25119_003M, B25119_002E, B25119_002M
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 .
Related
- Housing in Sherman at a glance
- Income and affordability in Sherman
- Home values in Sherman
- Homeowner costs in Sherman
- Types of homes in Sherman
- Bedrooms in Sherman
- Heating fuel in Sherman
- Commute and cars in Sherman
- How long people stay in Sherman
- Mississippi landlord and tenant rules
- Housing across Pontotoc County
- Mississippi places ranked by share of renters
- Housing data for every place in Mississippi