Also See Sherman, IL: ZIP Codes & Maps
The Village of Sherman had a population of 4,559 as of July 1, 2023.
The primary coordinate point for Sherman is located at latitude 39.8937 and longitude -89.6048 in Sangamon County. The formal boundaries for the Village of Sherman encompass a land area of 3.19 sq. miles and a water area of 0.05 sq. miles. Sangamon County is in the Central time zone (GMT -6).
The Village of Sherman has a C1 Census Class Code which indicates an active incorporated place that does not serve as a county subdivision equivalent. It also has a Functional Status Code of "A" which identifies an active government providing primary general-purpose functions.
The Village of Sherman is located within Township of Fancy Creek, a minor civil division (MCD) of Sangamon County.
POPULATION | |
---|---|
Total Population | 4,559 (100%) |
Population in Households | 4,400 (96.5%) |
Population in Families | 3,900 (85.5%) |
Population in Group Quarters1 | 159 ( 3.5%) |
Population Density | 1,451 |
Diversity Index2 | 16 |
INCOME | |
Median Household Income | $124,607 |
Average Household Income | $159,031 |
% of Income for Mortgage4 | 14% |
Per Capita Income | $59,624 |
Wealth Index5 | 202 |
Socioeconomic Status Index6 | High (69.0) |
HOUSING | |
---|---|
Total HU (Housing Units) | 1,775 (100%) |
Owner Occupied HU | 1,405 (79.2%) |
Renter Occupied HU | 303 (17.1%) |
Vacant Housing Units | 67 ( 3.8%) |
Median Home Value | $280,764 |
Average Home Value | $349,947 |
Housing Affordability Index3 | 153 |
HOUSEHOLDS | |
Total Households | 1,708 |
Average Household Size | 2.58 |
Family Households | 1,310 |
Average Family Size | 3.00 |
GROWTH RATE / YEAR |
2020-2023 | 2023-2028 |
---|---|---|
Population | -0.78% | -0.42% |
Households | -0.34% | -0.13% |
Families | -0.12% | |
Median Household Income | 2.42% | |
Per Capita Income | 2.58% | |
Owner Occupied HU | 0.18% |
The table below compares Sherman to the other 1,464 incorporated cities, towns and CDPs in Illinois by rank and percentile using July 1, 2023 data. The location Ranked # 1 has the highest value. A location that ranks higher than 75% of its peers would be in the 75th percentile of the peer group.
Variable Description | Rank | Percentile |
---|---|---|
Total Population | # 355 | 76th |
Population Density | # 433 | 70th |
Median Household Income | # 56 | 96th |
Housing Affordability Index | # 831 | 57th |
Per Capita Income | # 81 | 95th |
Diversity Index | # 953 | 35th |
Additional comparisons and rankings can be made with a VERY EASY TO USE Illinois Census Data Comparison Tool.
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