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ZipNumbers

South Dakota · Census place 58580

Sherman town, SD

Quick answer

Sherman town has 55 residents, ranking #361 of 485 places in South Dakota. Median household income is $46,875, the median home is worth $91,000 and median gross rent runs $1,125 a month.

Population
55Sherman town residents
Median household income
$46,875Past 12 months, inflation adjusted
Median home value
$91,000Owner-occupied units
Median gross rent
$1,125Rent plus utilities, monthly
Median age
55.3 yrsAll residents
Homeownership rate
85.2%Owner-occupied households

What the numbers mean in Sherman town

Housing cost measured against local earnings.

A household earning the Sherman town median would spend about 28.8% of gross income on the median rent. The 30% mark is the federal threshold for cost burden, so anything above it signals a stretched rental market. The median home costs 1.9× the median household income; nationally that ratio sits near 4.5×. Poverty affects 3.6% of residents and 85.2% of households own their home.

Source: US Census Bureau, ACS 2019-2023 5-year estimates · rates as published for 2019-2023 ACS 5-year

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