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HomeIllinoisSangamon CountySherman village

Sherman village, Illinois: commercial real estate data.

Sherman village is a Census village of 4,386 people across 3.14 square miles of land, in Sangamon County. Median household income is $148,906, 90.2 percent of occupied homes are owned, and the SBA record carries 1 7(a) approvals to borrowers here worth $255,000.

70 sourced place values · tier FULL · 8 sections

Sherman

What Sherman is

  • Census place typevillage
  • Land area3.14 sq mi
  • Water area0.04 sq mi
  • Population per square mile of land1,396
  • County holding the largest share of its areaSangamon County, 100.0 percent

US Census Bureau, cartographic boundary file, places, 2024 vintage. US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.

Sherman

How many people live in Sherman

  • Population4,386
  • Median age45.6
  • Population under 18955 plus or minus 206
  • Share under 1821.8 percent
  • Population 65 and over891
  • Share 65 and over20.3 percent
  • Households1,585
  • Family households1,346
  • Share of households that are families84.9 percent

US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.

Sherman

Income and work in Sherman

  • Median household income$148,906 plus or minus $29,712
  • Per capita income$63,847
  • Civilian labor force2,310
  • Employed2,251
  • Unemployed59 plus or minus 75
  • Unemployment rate2.6 percent plus or minus 3.2
  • Adults 25 and over3,076
  • Adults 25 and over with a high school diploma or higher97.3 percent
  • Adults 25 and over with a bachelor degree or higher49.5 percent
  • Adults 25 and over with a graduate degree21.2 percent plus or minus 7.5

US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.

Sherman

Housing in Sherman

  • Housing units1,619
  • Occupied units1,585
  • Vacant units34 plus or minus 38
  • Vacancy rate2.1 percent plus or minus 2.3
  • Owner occupied1,429
  • Renter occupied156 plus or minus 76
  • Ownership rate90.2 percent
  • Median owner-occupied home value$297,800
  • Median gross rent, monthly$2,041 plus or minus $779
  • Annual rent as a share of median income16.4 percent plus or minus 7.1
  • Single family units1,592
  • Share single family98.3 percent
  • Units in buildings of two or more27 plus or minus 29
  • Share in buildings of two or more1.7 percent plus or minus 1.8
  • Mobile homes0
  • Median year structure built2001

US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.

Sherman

How Sherman gets to work

  • Workers 16 and over who commute1,894
  • Commuting under 15 minutes469 plus or minus 156
  • Share commuting under 15 minutes24.8 percent plus or minus 6.8
  • Commuting 30 minutes or more265 plus or minus 219
  • Share commuting 30 minutes or more14.0 percent plus or minus 11.2
  • Drove alone82.7 percent
  • Carpooled2.2 percent plus or minus 2.0
  • Public transport0.0 percent
  • Walked0.0 percent
  • Worked from home15.1 percent plus or minus 7.2

US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.

Sherman

SBA 7(a) lending to Sherman borrowers

  • Approvals1
  • Gross approval$255,000
  • Average approval$255,000
  • Median approval$255,000
  • Ninetieth percentile approval$255,000
  • Largest approval$255,000
  • Jobs supported32
  • Jobs per approval32.0
  • Loans with a final outcome0
  • Paid in full0
  • Charged off0
  • Median term120 months
  • Share on real estate terms of 20 years or more0.0 percent
  • Share to franchises0.0 percent
  • Distinct lenders1
  • Distinct industries by NAICS1

A charge-off rate is not published here. only 0 resolved loans, too few to publish a rate, and a rate over that few outcomes would move several points on one loan.

US Small Business Administration, 7(a) FOIA release, FY2020 to FY2026 year to date, as of 2026-06-30.

Sherman

Flood programme status in Sherman

  • Listed NFIP communities1
  • Of those, participating1
  • NFIP community number170969
  • Currently effective map date08/02/07

This community carries no Community Rating System class, so no CRS premium discount applies to it.

FEMA, National Flood Insurance Program Community Status Book, Community Status Book, as retrieved.

Sangamon County, not Sherman

Sangamon County context, not Sherman figures

These are Sangamon County figures. There is no place level equivalent published for any of them, so they are shown as the county backdrop and never as Sherman measurements.

  • Establishments in Sangamon County4,925
  • Employment at those establishments, Sangamon County80,005
  • Covered employment, Sangamon County134,376
  • Average annual pay, Sangamon County$69,350
  • Average weekly wage, Sangamon County$1,334
  • Housing units permitted, Sangamon County191
  • Of those, single family, Sangamon County123
  • County product, 2024, Sangamon County$15,668,703,000
  • County product change over the prior year, Sangamon County7.0 percent
  • Average income of an arriving household, Sangamon County$58,644

Every figure in this section is published for Sangamon County as a whole and is not a measurement of Sherman. It is here because a county backdrop is what a credit committee reads a place against, and it is labelled so that it can never be quoted as the place's own.

US Census Bureau, County Business Patterns, 2023. US Bureau of Labor Statistics, Quarterly Census of Employment and Wages, 2024 annual averages. US Census Bureau, Building Permits Survey, 2024 annual. US Bureau of Economic Analysis, Regional, table CAGDP2, CAGDP2, through 2024. US Internal Revenue Service, Statistics of Income county migration flows, 2021 to 2022 filing years.

Coverage

What this page does not hold.

Every item below could be filled with a plausible figure. None of them is. On a page a lender may read, a number that cannot be traced is worse than an absence, so the absences are named.

  • Parcel level detail, zoning and flood zone at an address are resolved in the platform, not on this page.

SBA figures count approvals to borrowers whose address is in the place. They are not approvals for projects inside the place boundary: the tape records a borrower city and a project county, and those can differ.

Common questions

Sherman questions, answered from the record.

How many people live in Sherman, Illinois?

4,386, in 1,585 households. Sherman village covers 3.14 square miles of land, which is 1,396 people per square mile. Source: US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.

What county is Sherman in?

Sangamon County, which holds 100.0 percent of the place by area. Source: US Census Bureau, cartographic boundary file, places, 2024 vintage.

What is the median household income in Sherman?

$148,906. The median owner-occupied home is valued at $297,800. Median gross rent is $2,041 per month. Source: US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.

How much SBA lending goes to Sherman businesses?

1 7(a) approvals totalling $255,000, across 1 lenders, median approval $255,000. These count approvals to borrowers whose address is in Sherman, not projects sited inside the place boundary, and they are approvals recorded in the release rather than loans disbursed.

Do SBA loans to Sherman borrowers get paid back?

No rate is published for Sherman. only 0 resolved loans, too few to publish a rate, and a percentage over that few outcomes would move several points on a single loan. The counts are shown instead.

Is Sherman in the National Flood Insurance Program?

Yes. Sherman appears in the FEMA Community Status Book as community 170969, with no Community Rating System class, so no CRS discount applies. Whether a specific parcel sits in a mapped special flood hazard area is an address level question the platform answers.

Are the county figures on this page Sherman figures?

No, and they are labelled so. County Business Patterns, QCEW, the Building Permits Survey, BEA product and IRS migration are published for Sangamon County as a whole and there is no place level equivalent. They appear in one clearly marked section as context and are never presented as measurements of Sherman.

Is zoning published for Sherman?

Not yet. The zoning layer is in build. Nothing on this page presents parcel level zoning.