HomeIllinoisSangamon CountySherman
Sherman, Illinois: commercial real estate data.
Sherman 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 since FY2020.
Underlined figures are computed by MMCG Analytics, not published by the agency.
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 loans in Sherman (7(a))
- Approvals1
- Gross approval$255,000
- Average approval$255,000
- Median 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
Counted by borrower city: approvals to borrowers whose address is in Sherman, in any county, FY2020 to FY2026. Only 0 loans have reached a final outcome, fewer than the 30 a charge-off rate needs, so no rate is published.
US Small Business Administration, 7(a) FOIA release, FY2020 to FY2026 year to date, as of 2026-06-30.
Sherman
Flood risk in Sherman
- NFIP communityVillage of Sherman
- NFIP community number170969
- Participating in the NFIPYes
- Community Rating System classNone
- Currently effective map date08/02/07
The Village of Sherman participates in the National Flood Insurance Program as community 170969 and carries no Community Rating System class, so no CRS premium discount applies to it.
Federal Emergency Management Agency, NFIP Community Status Book (OpenFEMA), as of 2026-09-26.
Sangamon County, not Sherman
Sangamon County context, not Sherman figures
- Establishments in Sangamon County4,925
- Covered employment, Sangamon County134,376
- Average annual pay, Sangamon County$69,350
- Housing units permitted, Sangamon County191
Every figure in this section is published for Sangamon County as a whole and is not a measurement of Sherman.
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.
Coverage
What this page does not hold.
Parcel detail, zoning and the flood zone at an address are not on this page; they resolve at the address in the platform. How this page was built →
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 totaling $255,000 since FY2020, 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 loans have reached a final outcome, fewer than the 30 a charge-off rate needs, so no rate is published. The counts are shown instead.
Is Sherman in the National Flood Insurance Program?
Yes. Sherman appears in the FEMA Community Status Book as Sherman, village of, 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 labeled 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?
No. Nothing on this page presents parcel level zoning.