Sherman County, TX Economy


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United States / Texas / No Metro Area / Sherman County / Cities / Zip Codes
Sherman, TX County is a great place to live with access to many local businesses and a low cost of living. The two bedroom rent in Sherman, TX County is $830 which is much lower than the US average of $1430. Additionally, the Grocery Cost Index in Sherman, TX County is 91 versus 100 in the US, making it even more affordable to live here. Some of the most popular local companies in Sherman, TX County include Walmart Supercenter for shopping needs and Texoma Community Credit Union for financial services. Overall, Sherman, TX County has an affordable cost of living and provides plenty of opportunities for residents.

Sherman County has an unemployment rate of 3.7%. The US average is 6.0%.

Sherman County has seen the job market decrease by 0.0% over the last year. Future job growth over the next ten years is predicted to be 6.8%, which is lower than the US average of 33.5%.

Tax Rates for Sherman County
- The Sales Tax Rate for Sherman County is 6.3%. The US average is 7.3%.
- The Income Tax Rate for Sherman County is 0.0%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.

Income and Salaries for Sherman County
- The average income of a Sherman County resident is $23,728 a year. The US average is $28,555 a year.
- The Median household income of a Sherman County resident is $55,667 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomySherman, TexasUnited States
  3.76
  -5.2%-6.2%
  6.8%33.5%
  6.3%6.2%
  0.0%4.6%
  $41,413$37,638
  $55,667$69,021
  $62,500$85,028
  Population by Occupation
  23.3%1.2%
  1.6%0.5%
  9.0%6.8%
  4.8%10.0%
  5.6%2.5%
  7.4%11.0%
  6.8%4.8%
  0.3%0.8%
  0.8%1.9%
  4.5%4.7%
  0.0%1.9%
  1.3%7.6%
  0.0%0.1%
  4.4%4.2%
  9.3%9.3%
  3.4%14.0%
  5.8%2.1%
  2.1%7.0%
  3.0%4.8%
  6.7%4.7%
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