What percentage of people rent in Sherman, TX?

47.3% (±3.3 points) of the occupied homes in Sherman, TX are rented (2020–2024 American Community Survey).

That is 8,663 renting households against 9,641 that own their home.

In Sherman, the share of households that rent went from 46.4% in 2015–2019 to 47.3% in 2020–2024 (+0.9 percentage points), not a measurable change.

Figures last updated on .

Households that rent
47.3% (±3.3 points)
Renting households
8,663 (±687)
Median renter income
$47,413 (±$7,982)

Who rents and who owns in Sherman

Tenure, estimate (90% margin of error)
ShermanGrayson CountyTexasUnited States
Renter-occupied share47.3% (±3.3 points)33.2% (±1.5 points)37.4% (±0.2 points)34.8%
Renting households8,663 (±687)18,353 (±901)4,113,561 (±20,050)45,017,354
Owning households9,641 (±633)36,895 (±888)6,879,255 (±32,101)84,210,142
Average renter household size2.3 (±0.1)2.4 (±0.1)2.4 (±0.0)2.3
Average owner household size2.6 (±0.1)2.6 (±0.1)2.9 (±0.0)2.6
Median renter household income$47,413 (±$7,982)$50,455 (±$4,548)$53,222 (±$285)$52,966
Median owner household income$76,737 (±$5,059)$87,934 (±$4,019)$100,555 (±$369)$100,009

In Sherman, the renter share is higher than in Grayson County (33.2%).

It is also higher than in Texas (37.4%).

It is higher than the national figure (34.8%).

In Grayson County, Sherman ranks 3 of 17 places with a published estimate, from highest to lowest renter share.

Statewide, it ranks 116 of 1,421.

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 and 2020–2024 American Community Survey 5-year estimates
2015–20192020–2024Amount of changeVerdict
Households that rent46.4% (±2.9 points)47.3% (±3.3 points)+0.9 percentage pointsNot a measurable change
Median gross rent$880 (±$23)$1,324 (±$46)+50.5%Up after inflation
Median household income$47,397 (±$3,282)$58,859 (±$6,891)+24.2%No measurable change 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

Nearest places with a published estimate, compared with Sherman
PlaceDistanceHouseholds that rentCompared with this place
Sherman—47.3% (±3.3 points)—
Knollwood4.2 mi68.8% (±10.0 points)Higher
Southmayd4.7 mi9.4% (±7.0 points)Lower
Dorchester7.6 mi2.4% (±11.5 points)Lower
Howe8.4 mi39.1% (±10.8 points)Not measurably different
Denison9.9 mi41.4% (±4.2 points)Lower
Pottsboro10 mi20.5% (±6.3 points)Lower
Tom Bean11 mi31.5% (±12.0 points)Lower
Bells12 mi29.9% (±8.5 points)Lower

Nearby places with a measurably lower figure: Southmayd, TX (9.4%), Dorchester, TX (2.4%), Denison, TX (41.4%).

Nearby places with a measurably higher figure: Knollwood, TX (68.8%).

Distance is measured in a straight line between the Census Bureau’s internal points for each place.

Households that rent across Grayson County, place by place

RankPlaceHouseholds that rent
1Knollwood68.8% (±10.0 points)
2Sadler53.1% (±16.1 points)
3Sherman47.3% (±3.3 points)
4Whitesboro44.0% (±9.9 points)
5Denison41.4% (±4.2 points)
6Collinsville39.4% (±11.0 points)
7Howe39.1% (±10.8 points)
8Tioga34.0% (±12.1 points)
9Whitewright33.7% (±8.7 points)

Showing 9 of 17 places in Grayson County, ranked from highest to lowest.

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 8,663 (±687) renting households, 47.3% of its occupied homes (2020–2024 American Community Survey).

Is renting growing in Sherman?

In Sherman, the share of households that rent went from 46.4% in 2015–2019 to 47.3% in 2020–2024 (+0.9 percentage points), not a measurable change.

How big are renting households in Sherman?

A renting household in Sherman has 2.3 people on average, against 2.6 in an owned home.

How much do renters earn in Sherman?

The median renting household in Sherman, TX has an income of $47,413 (±$7,982) a year, against $76,737 for households that own their home.

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 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.

Request a Census API 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 .

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