Sherman, TX is a vibrant city nestled in Grayson County and located in the North Texas region of the United States. It has an estimated population of 41,223 as of 2019. The cost of living in Sherman is relatively affordable with two bedroom rent costing $1,040 compared to the national average of $1,430 and grocery cost index being 93 compared to 100 nationally.
The city offers great amenities and attractions for residents to enjoy. Popular local companies include Texoma Community Credit Union, Sherman Fire-Rescue Department, and Sherman ISD which are some of the biggest employers in this area. Sherman also boasts multiple cultural institutions such as The Sherman Museum and Heritage Center and Austin College. Additionally, there are numerous shops, restaurants, entertainment venues, parks that offer a range of activities for visitors of all ages.
Sherman (zip 75090) has an unemployment rate of 6.0%. The US average is 6.0%.
Sherman (zip 75090) has seen the job market increase by 2.7% over the last year. Future job growth over the next ten years is predicted to be 38.8%, which is higher than the US average of 33.5%.
Tax Rates for Sherman (zip 75090)
- The Sales Tax Rate for Sherman (zip 75090) is 8.3%. The US average is 7.3%.
- The Income Tax Rate for Sherman (zip 75090) 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 (zip 75090)
- The average income of a Sherman (zip 75090) resident is $17,190 a year. The US average is $28,555 a year.
- The Median household income of a Sherman (zip 75090) resident is $50,290 a year. The US average is $69,021 a year.