Cost Of Living
Everyday cost of living expenses like goods and services, housing, groceries, transportation, health care and utilities are far below the national average.
Housing
Impressive scores in the housing category characterize this area, potentially attributed to the availability of affordable housing, strong appreciation rates and high home values.
Amenities
The majority of amenities will be difficult to reach within a short walk, often requiring residents to use a vehicle or public transportation for access.
Commute
Low commute scores could be due to limited access to public transit in this area, as well as longer-than-average work commute times for residents.
Health & Safety
Subpar air quality and the limited availability of certain health-related facilities such as hospitals, police stations, doctors and pharmacies may have contributed to the low score in this category.
Schools
The low schools score might be a result of factors like lower than average education levels, lackluster reading and math scores and the inaccessibility of local elementary and high schools.
Ratings
Through surveys and polls, AreaVibes obtained feedback from local residents in the area, and the results did not indicate a favorable outlook on factors like local amenities and the safety of the area.
Sherman is a moderately-sized city located in the state of Texas. The city has a population of 43,239 residents. At 78%, the majority of the Sherman population is White; this is followed by 9% Black and 4% Asian. If you're not a fan of traffic congestion and long commute times to work, Sherman is the place to be. Commutes to work here are shorter, with an average one-way commute time taking only 21 minutes, significantly lower than the national average of 26 minutes.
Whether you’re moving to a new town to be closer to family, friends or for a new job, living in Sherman could be a positive experience compared to other cities in Texas if you know where to look. Don't forget to determine what matters most to you in a neighborhood. Consider factors such as safety, proximity to work or school, access to amenities (like parks, fitness facilities, grocery stores, restaurants), public transportation options, community atmosphere and the overall vibe you're looking for. Using the livability score which includes data from categories like crime, commute, education, housing, you can easily compare the best places to live in Sherman and also determine if there are any nearby cities that might be a better match for your lifestyle. You can also compare Sherman to Texas and the national average.
The livability score in Sherman is 59/100 and the city is ranked in the 39th percentile of all cities across America. This score ranks well below the national average. With such a low livability score, it might be worth investigating a little further. Based on the grades for each individual category, Sherman has received high marks for cost of living (A+) and housing (A+). There are some categories that Sherman ranks poorly for, including: amenities (F) and education (D). It might be worth taking a closer look to figure out why.
Unemployment rates can vary significantly among cities, impacting job prospects, wage levels and the overall economic health of an area. In Sherman, the unemployment rate stands at 2.12%, suggesting increased job opportunities and a heightened demand for workers. This scenario can lead to higher wages, as the demand for employees outpaces job availability. Importantly, a low unemployment rate often signifies a robust and flourishing local economy.
Real estate represents the most substantial investment for homebuyers, constituting their most valuable asset. Renters, on the other hand, typically see their monthly rent as their most significant expense. The Sherman market earns a high score in the housing category, surpassing the national average in factors like home and rental affordability and appreciation rates. This robust real estate market not only benefits individual homeowners and renters but also spurs vigorous local economic activity and job growth, solidifying its significance in driving the region's prosperity and financial well-being.
There are many factors that go into deciding if an area is the right fit for your lifestyle. Certain “must haves” like low crime, great schools and nearby amenities are all at the top of most people's lists. But before even considering if those options are attainable, we'll need to know if the real estate in Sherman is actually affordable. Median real estate prices in Sherman come in at $131,300, which is 8% lower than the Texas average. The home price to income ratio compares the median home prices to the median household income. In Sherman, the home price to income ratio is 2.6, which is 0% lower than the Texas average.
| Statistic | Sherman | Texas | National |
| Average one way commute | 21min | 26min | 26min |
| Workers who drive to work | 78.3% | 80.3% | 76.4% |
| Workers who carpool | 10.9% | 10.6% | 9.3% |
| Workers who take public transit | 0.0% | 1.5% | 5.1% |
| Workers who bicycle | 0.2% | 0.3% | 0.6% |
| Workers who walk | 2.2% | 1.6% | 2.8% |
| Working from home | 6.9% | 4.3% | 4.6% |
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