Sherman, SD Profile: Facts & Data

Sherman, South Dakota - Basic Facts

The Town of Sherman had a population of 94 as of July 1, 2025.

The primary coordinate point for Sherman is located at latitude 43.7591 and longitude -96.4762 in Minnehaha County. The formal boundaries for the Town of Sherman encompass a land area of 0.26 sq. miles and a water area of 0 sq. miles. Minnehaha County is in the Central time zone (GMT -6).

The Town of Sherman has a C5 Census Class Code which indicates an active incorporated place that is independent of any county subdivision and serves as a county subdivision equivalent. It also has a Functional Status Code of "A" which identifies an active government providing primary general-purpose functions.

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Sherman, SD Data & Demographics (As of July 1, 2025)

POPULATION
Total Population	94 (100%)
Population in Households	94 (100.0%)
Population in Families	83 (88.3%)
Population in Group Quarters¹	0
Population Density	366
Diversity Index²	27


INCOME
Median Household Income	$85,599
Average Household Income	$119,810
% of Income for Mortgage⁴	0%
Per Capita Income	$39,512
Wealth Index⁵	103
Socioeconomic Status Index⁶	High (73.6)

HOUSING
Total HU (Housing Units)	38 (100%)
Owner Occupied HU	27 (71.1%)
Renter Occupied HU	4 (10.5%)
Vacant Housing Units	7 (18.4%)
Median Home Value	$380,769
Average Home Value	$443,333
Housing Affordability Index³	0

HOUSEHOLDS
Total Households	31
Average Household Size	3.03
Family Households	23
Average Family Size	4.00

HOUSING

Total HU (Housing Units)

38 (100%)

Owner Occupied HU

27 (71.1%)

Renter Occupied HU

4 (10.5%)

Vacant Housing Units

7 (18.4%)

Median Home Value

$380,769

Average Home Value

$443,333

Housing Affordability Index³

HOUSEHOLDS

Total Households

Average Household Size

3.03

Family Households

Average Family Size

4.00

NOTES

Group Quarters - a place where people live or stay in a group living arrangement. Includes college residents halls, nursing facilities, military barracks, and correctional facilities.
The Diversity Index is a scale of 0 to 100 that represents the likelihood that two persons, chosen at random from the same area, belong to different races or ethnic groups. If an area's entire population belongs to one race AND one ethnic group, then the area has zero diversity. An area's diversity index increases to 100 when the population is evenly divided into two or more race/ethnic groups.
The Housing Affordability Index base is 100 and represents a balance point where a resident with a median household income can normally qualify to purchase a median price home. Values above 100 indicate increased affordability, while values below 100 indicate decreased affordability.
The % of Income for Mortgage quantifies the percentage of median household income dedicated to mortgage payments on a home priced at the median value (assuming a 30-year mortgage and a 20% down payment).
The Wealth Index is based on a number of indicators of affluence including average household income and average net worth, but it also includes the value of material possessions and resources. It represents the wealth of the area relative to the national level. Values above or below 100 represent above-average wealth or below-average wealth compared to the national level.
The Socioeconomic Index ranges from zero (lowest relative status) to 100 (highest relative status). This measure quantifies disparities in social position of an area's inhabitants and is built from a broad range of demographic, housing, and socioeconomic inputs. More information on this measure can be found in Esri's SEI tutorial.

GROWTH RATE / YEAR	2020-2025	2025-2030
Population	2.88%	1.85%
Households	1.96%	2.46%
Families		2.48%
Median Household Income		0.80%
Per Capita Income		1.80%
Owner Occupied HU		3.46%

GROWTH RATE / YEAR

2020-2025

2025-2030

Population

2.88%

1.85%

Households

1.96%

2.46%

Families

2.48%

Median Household Income

0.80%

Per Capita Income

1.80%

Owner Occupied HU

3.46%

Sherman, SD - Peer Comparisons by Rank and Percentile

The table below compares Sherman to the other 485 incorporated cities, towns and CDPs in South Dakota by rank and percentile using July 1, 2025 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	# 331	32nd
Population Density	# 232	52nd
Median Household Income	# 127	74th
Housing Affordability Index	# 100	21st
Per Capita Income	# 217	55th
Diversity Index	# 162	67th

Variable Description

Rank

Percentile

Total Population

# 331

32nd

Population Density

# 232

52nd

Median Household Income

# 127

74th

Housing Affordability Index

# 100

21st

Per Capita Income

# 217

55th

Diversity Index

# 162

67th

South Dakota Census Data Comparison Tool

Sherman, SD Profile: Facts & Data

Sherman, South Dakota - Basic Facts

Sherman, SD Data & Demographics (As of July 1, 2025)

POPULATION

INCOME

HOUSING

HOUSEHOLDS

GROWTH RATE / YEAR

Sherman, SD - Peer Comparisons by Rank and Percentile

Sherman, SD - Most Popular Things to Do

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