2025 Compare Cities Economy:
Sherman, TX vs Elgin, TX

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Highlights
- Household income in Elgin, is 46% more than it is in Sherman and is 12% above the National Average.
- Sherman unemployment rate is 6.0%.
- Elgin unemployment rate is 5.7%.
 Sherman, TXElgin, TXUnited States
 Unemployment Rate  Unlock5.7%6.0%
 Recent Job Growth  Unlock3.4%1.6%
 Future Job Growth38.8%  Unlock33.5%
 Sales Taxes8.3%  Unlock6.2%
 Income Taxes  Unlock0.0%4.6%
 Income per Cap.$26,379  Unlock$37,638
 Household Income  Unlock$78,169$69,021
 Family Median Income$62,302  Unlock$85,028
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 Est. Households By Income
 Sherman, TXElgin, TXUnited States
 Income Less Than 15K  Unlock7.4%9.4%
 Income between 15K and 20K3.3%  Unlock3.8%
 Income between 20K and 30K  Unlock4.5%8.1%
 Income between 30K and 40K13.3%  Unlock8.0%
 Income between 40K and 50K  Unlock9.3%7.6%
 Income between 50K and 60K8.3%  Unlock7.2%
 Income between 60K and 75K  Unlock9.4%9.6%
 Income between 75K and 100K13.4%  Unlock12.8%
 Income between 100K and 150K  Unlock18.6%16.3%
 Income between 150K and 200K3.6%  Unlock7.8%
 Income greater than 200K  Unlock3.3%9.5%
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 Population By Occupation
 Sherman, TXElgin, TXUnited States
 Management, business, finance13.2%  Unlock16.4%
 Engineering, computers, science  Unlock4.3%6.5%
 Community, social services1.4%  Unlock1.8%
 Legal  Unlock2.4%1.2%
 Education, library4.5%  Unlock6.2%
 Arts, design, media, sports, entertainment  Unlock2.1%2.0%
 Healthcare practitioners and technology5.5%  Unlock6.2%
 Healthcare support  Unlock6.9%3.3%
 Firefighters, law enforcement2.3%  Unlock2.1%
 Food preparation, serving  Unlock5.0%5.4%
 Building maintenance4.2%  Unlock3.6%
 Personal care  Unlock5.1%2.6%
 Sales, office, administrative support23.6%  Unlock20.9%
 Farming, fishing, forestry  Unlock0.6%0.6%
 Construction, extraction, maintenance/repair8.9%  Unlock8.1%
 Production, transportation, material moving  Unlock16.1%13.1%
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 12 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 17 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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Reviews for Elgin    2 Reviews

Over 10 years ago

We are trying to get a teaching job in Northwest  More

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Over 13 years ago

texas  More

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