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2024 Compare Cities Economy:
Grand Rapids, MN vs Sherman, TX

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Highlights
- Household income in Sherman, is 4% more than it is in Grand Rapids and is 29% below the National Average.
- Grand Rapids unemployment rate is 6.2%.
- Sherman unemployment rate is 6.0%.

Economy
 Grand Rapids, MNSherman, TXUnited States
 Unemployment Rate6.2%6.0%6.0%
 Recent Job Growth2.3%2.7%1.6%
 Future Job Growth20.5%38.8%33.5%
 Sales Taxes6.9%8.3%6.2%
 Income Taxes7.1%0.0%4.6%
 Income per Cap.$29,738$26,379$37,638
 Household Income$51,498$53,536$69,021
 Family Median Income$75,426$62,302$85,028
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 Est. Households By Income
 Grand Rapids, MNSherman, TXUnited States
 Income Less Than 15K13.0%10.9%9.4%
 Income between 15K and 20K7.3%3.3%3.8%
 Income between 20K and 30K10.1%9.9%8.1%
 Income between 30K and 40K8.3%13.3%8.0%
 Income between 40K and 50K9.9%10.2%7.6%
 Income between 50K and 60K8.1%8.3%7.2%
 Income between 60K and 75K11.1%11.2%9.6%
 Income between 75K and 100K12.5%13.4%12.8%
 Income between 100K and 150K11.9%12.8%16.3%
 Income between 150K and 200K4.5%3.6%7.8%
 Income greater than 200K3.4%3.0%9.5%
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 Population By Occupation
 Grand Rapids, MNSherman, TXUnited States
 Management, business, finance7.3%13.2%16.4%
 Engineering, computers, science3.4%2.6%6.5%
 Community, social services2.0%1.4%1.8%
 Legal2.1%0.3%1.2%
 Education, library7.9%4.5%6.2%
 Arts, design, media, sports, entertainment1.4%1.7%2.0%
 Healthcare practitioners and technology7.0%5.5%6.2%
 Healthcare support4.6%2.8%3.3%
 Firefighters, law enforcement0.9%2.3%2.1%
 Food preparation, serving9.3%7.4%5.4%
 Building maintenance6.4%4.2%3.6%
 Personal care2.6%2.7%2.6%
 Sales, office, administrative support22.4%23.6%20.9%
 Farming, fishing, forestry0.3%0.3%0.6%
 Construction, extraction, maintenance/repair8.5%8.9%8.1%
 Production, transportation, material moving13.8%18.5%13.1%

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Reviews for Grand Rapids    2 Reviews

Over 14 years ago

I have lived in Grand Rapids my entire life. (43 years) I always feel safe here. We don't lock our house when we leave during the day. We only lock it at night. My  More

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Grand Rapids is my hometown being born here in 1961. Here's the long and short of it. I love it in the summer. I hate the winter. Winters are long, gray and hard.   More

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Reviews for Sherman    4 Reviews

I'm a sub in the school system and boy is it an eye opener! A LOT MORE MONEY needs to be spent here. There are so many people with very little education, few good  More

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Over 11 years ago

This is very INACCURATE. You can NOT find a decent house for $79,000 in this area unless it is a mobile home/trailer. I looked for 6 months and could NOT find a house in  More

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Over 16 years ago

Sherman is one of the nicest cities in the U.S. First, the population and the business climate is exploding, with new hotels, a convention center and 7 new banks in the  More

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ZIPS IN GRAND RAPIDS, MINNESOTA
55744
ZIPS IN SHERMAN, TEXAS
75092 75090

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