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

Renting households by gross rent as a percentage of household income, 2020–2024
Share of income spent on rentShermanGrayson CountyTexasUnited 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 more48.9% (±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

Estimate (90% margin of error)
ShermanGrayson CountyTexasUnited States
Paying 30% or more56.5% (±7.0 points)51.6% (±4.0 points)51.7% (±0.3 points)51.1%
Paying 35% or more48.9% (±5.9 points)44.2% (±3.5 points)42.3% (±0.3 points)41.9%
Median share of income34.3% (±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

Nearest places with a published estimate, compared with Sherman
PlaceDistanceRenters paying 30% or more of incomeCompared with this place
Sherman—56.5% (±7.0 points)—
Knollwood4.2 mi34.2% (±12.6 points)Lower
Southmayd4.7 mi65.9% (±42.4 points)Not measurably different
Howe8.4 mi67.1% (±22.7 points)Not measurably different
Denison9.9 mi51.0% (±7.7 points)Not measurably different
Pottsboro10 mi42.1% (±22.8 points)Not measurably different
Tom Bean11 mi27.8% (±19.3 points)Lower
Bells12 mi59.3% (±21.9 points)Not measurably different
Sadler13 mi25.5% (±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

RankPlaceRenters paying 30% or more of income
1Howe67.1% (±22.7 points)
2Preston66.0% (±45.3 points)
3Southmayd65.9% (±42.4 points)
4Bells59.3% (±21.9 points)
5Sherman56.5% (±7.0 points)
6Tioga52.9% (±25.0 points)
7Whitewright52.4% (±22.9 points)
8Denison51.0% (±7.7 points)
9Collinsville43.0% (±18.7 points)
10Pottsboro42.1% (±22.8 points)
11Van Alstyne41.7% (±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

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.

Request a Census API 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 .

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