How many renters in Sherman, TX pay more than 30% of their income on rent?
56.5% (±7.0 points) of renting households in Sherman, TX spend 30% or more of their household income on gross rent (2020–2024 American Community Survey).
48.9% spend 35% or more.
The median renting household spends 34.3% of its income on rent.
Figures last updated on .
- Paying 30% or more
- 56.5% (±7.0 points)
- Paying 35% or more
- 48.9% (±5.9 points)
- Median share of income
- 34.3% (±3.3 points)
Rent as a share of income in Sherman
| Share of income spent on rent | Sherman | Grayson County | Texas | United States |
|---|---|---|---|---|
| Less than 15% | 6.6% (±2.7 points) | 8.6% | 11.2% | 12.6% |
| 15% to 19.9% | 11.7% (±3.9 points) | 13.1% | 12.3% | 12.2% |
| 20% to 24.9% | 9.5% (±3.2 points) | 12.3% | 13.2% | 12.6% |
| 25% to 29.9% | 15.8% (±4.9 points) | 14.3% | 11.6% | 11.5% |
| 30% to 34.9% | 7.6% (±3.7 points) | 7.4% | 9.4% | 9.2% |
| 35% or more | 48.9% (±5.9 points) | 44.2% | 42.3% | 41.9% |
Households whose income could not be measured against their rent (for example, those reporting no income) are left out of these shares, as the Census Bureau leaves them out.
Sherman against Grayson County, its state and the nation
| Sherman | Grayson County | Texas | United States | |
|---|---|---|---|---|
| Paying 30% or more | 56.5% (±7.0 points) | 51.6% (±4.0 points) | 51.7% (±0.3 points) | 51.1% |
| Paying 35% or more | 48.9% (±5.9 points) | 44.2% (±3.5 points) | 42.3% (±0.3 points) | 41.9% |
| Median share of income | 34.3% (±3.3 points) | 31.1% (±2.2 points) | 30.9% (±0.2 points) | 30.6% |
| Median renter household income | $47,413 (±$7,982) | $50,455 (±$4,548) | $53,222 (±$285) | $52,966 |
| Median gross rent | $1,324 (±$46) | $1,310 (±$38) | $1,403 (±$4) | $1,413 |
In Sherman, the share of renters paying 30% or more of income is not measurably different from Grayson County (51.6%).
It is not measurably different from Texas (51.7%).
It is not measurably different from the national figure (51.1%).
In Grayson County, Sherman ranks 5 of 16 places with a published estimate, from highest to lowest share of renters paying 30% or more of income.
Statewide, it ranks 424 of 1,366.
Rankings use the estimates alone; where margins of error overlap, neighboring ranks may not truly differ.
Renters paying 30% or more of income in places near Sherman
| Place | Distance | Renters paying 30% or more of income | Compared with this place |
|---|---|---|---|
| Sherman | — | 56.5% (±7.0 points) | — |
| Knollwood | 4.2 mi | 34.2% (±12.6 points) | Lower |
| Southmayd | 4.7 mi | 65.9% (±42.4 points) | Not measurably different |
| Howe | 8.4 mi | 67.1% (±22.7 points) | Not measurably different |
| Denison | 9.9 mi | 51.0% (±7.7 points) | Not measurably different |
| Pottsboro | 10 mi | 42.1% (±22.8 points) | Not measurably different |
| Tom Bean | 11 mi | 27.8% (±19.3 points) | Lower |
| Bells | 12 mi | 59.3% (±21.9 points) | Not measurably different |
| Sadler | 13 mi | 25.5% (±22.7 points) | Lower |
Nearby places with a measurably lower figure: Knollwood, TX (34.2%), Tom Bean, TX (27.8%), Sadler, TX (25.5%).
Distance is measured in a straight line between the Census Bureau’s internal points for each place.
Renters paying 30% or more of income across Grayson County, place by place
| Rank | Place | Renters paying 30% or more of income |
|---|---|---|
| 1 | Howe | 67.1% (±22.7 points) |
| 2 | Preston | 66.0% (±45.3 points) |
| 3 | Southmayd | 65.9% (±42.4 points) |
| 4 | Bells | 59.3% (±21.9 points) |
| 5 | Sherman | 56.5% (±7.0 points) |
| 6 | Tioga | 52.9% (±25.0 points) |
| 7 | Whitewright | 52.4% (±22.9 points) |
| 8 | Denison | 51.0% (±7.7 points) |
| 9 | Collinsville | 43.0% (±18.7 points) |
| 10 | Pottsboro | 42.1% (±22.8 points) |
| 11 | Van Alstyne | 41.7% (±19.2 points) |
Showing 11 of 16 places in Grayson County, ranked from highest to lowest.
Survey years: 2020–2024 (American Community Survey 5-year estimates).
Margins of error are at the 90% confidence level.
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Questions about Sherman
Are renters in Sherman rent-burdened?
56.5% of renting households in Sherman pay 30% or more of their income in gross rent, the share housing researchers usually call rent-burdened (2020–2024 American Community Survey).
What share of income do renters in Sherman spend on rent?
The median renting household in Sherman, TX spends 34.3% (±3.3 points) of its household income on gross rent.
Sources
- Selected Housing Characteristics (DP04), 2020–2024 ACS 5-year estimates — Sherman city, Texas
- Median Gross Rent as a Percentage of Household Income (B25071), 2020–2024 ACS 5-year estimates — Sherman city, Texas
- Median Household Income by Tenure (B25119), 2020–2024 ACS 5-year estimates — Sherman city, Texas
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 city, Texas (place:67496, in state:48).
Each estimate (E or PE) has a margin of error beside it (M or PM).
The API needs a free key.
DP04_0136E, DP04_0136M, DP04_0137PE, DP04_0137PM, DP04_0138PE, DP04_0138PM, DP04_0139PE, DP04_0139PM, DP04_0140PE, DP04_0140PM, DP04_0141PE, DP04_0141PM, DP04_0142PE, DP04_0142PM, B25071_001E, B25071_001M, B25119_003E, B25119_003M
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
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- Median rent in Sherman
- Rent by bedrooms in Sherman
- Renters and owners in Sherman
- Income and affordability in Sherman
- Home values in Sherman
- Homeowner costs in Sherman
- Property taxes in Sherman
- Types of homes in Sherman
- Bedrooms in Sherman
- Age of homes in Sherman
- Vacancy rate in Sherman
- Heating fuel in Sherman
- Commute and cars in Sherman
- Crime reported to police in Sherman
- Population growth in Sherman
- How long people stay in Sherman
- Crowding and facilities in Sherman
- Texas landlord and tenant rules
- Housing across Grayson County
- Texas places ranked by rent burden
- Housing data for every place in Texas