Sherman, IL Employment - Median Household Income, Unemployment Rate

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74%

Income/capita NAT. AVG.

128%

Household income NAT. AVG.

14%

Unemployment NAT. AVG.

Index	Sherman	Illinois	National
Income per capita	$78,096	$47,397	$44,883
Median household income	$185,165	$88,967	$81,333
Median income owner occupied	$194,838	$111,557	$106,172
Median income renter occupied	$92,903	$52,117	$52,080
Median earnings male	$85,234	$60,185	$54,343
Median earnings female	$86,484	$40,368	$38,439
Unemployment rate	4.2%	6.6%	4.9%
Poverty level	0.2%	14.0%	15.1%

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Homes For Sale In Sherman, IL

740 S 1st St

Sherman, IL

7460 Rolling Oaks Dr

Riverton, IL

11 Birch Lake Dr

Sherman, IL

1115 Lost Tree Dr

Sherman, IL

Key findings

The income per capita in Sherman is 74% higher than the national average
The median household income in Sherman is 128% higher than the national average
Male median earnings are 41% higher than female median earnings
The unemployment rate in Sherman is 14% lower than the national average
The poverty level in Sherman is 99% lower than the national average

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am i middle class

$123,430 $185,165 $370,330

City

$59,305 $88,967 $177,934

State

$54,216 $81,333 $162,666

Nation

According to the PEW research center, the middle class is defined as a range from two thirds (2/3) of the median household income to a multiple of two (2) times the median household income. Displayed above are the city, state and national median household income averages. Simply enter your median household income to determine if your income falls into the middle class or if your household income is considered upper or lower class.

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Sherman median earnings by income bracket

Sherman employment by industry

Labour Type	Male	Female
Construction industry	7.3%	7.3%
Manufacturing sector	0.0%	0.0%
Financial & insurance services	2.9%	2.9%
Wholesale & retail services	25.8%	25.8%
Public administration	13.7%	13.7%
Transportation, warehousing & utilities	9.7%	9.7%
Education, health & social services	12.3%	12.3%
Other	25.2%	25.2%

Nearby cities with high median household income

City	Population	Household Income	National Avg.
Leland Grove, IL	1,274	$165,047	102.9%
Spaulding, IL	985	$156,428	92.3%
Lake Petersburg, IL	561	$145,146	78.5%
Rochester, IL	3,914	$139,866	72.0%
Williamsville, IL	1,518	$126,573	55.6%
Sherman, IL	4,619	$185,165	127.7%

Cities with similar population

City	Population	Household Income	National Avg.
Ogallala, NE	4,618	$68,661	15.6%
Heritage Village, CT	4,620	$75,717	6.9%
Whiteville, TN	4,620	$55,189	32.1%
Shelley, ID	4,617	$81,615	0.3%
Millis-Clicquot, MA	4,617	$145,571	79.0%
Sherman, IL	4,619	$185,165	127.7%

Source: The Sherman, IL employment data displayed above is derived from the United States Census Bureau American Community Survey (ACS) and include 2026 modeled data developed using proprietary methodologies.