Sherman, NM
Comprehensive Demographic, Economic, and Housing Data Profile
Living in Sherman, NM: Quick Facts & Overview
- Population: 925 residents (5 people per sq. mi.)
- Average House Price: $158,940
- Average Household Income: $33,403
Sherman, NM is located in the state of New Mexico. It is home to about 925 people, with around 5 residents living in every square mile.
If you want to buy a house in Sherman, the average price is around $158,940. That makes local housing 31% lower than the New Mexico average of $230,737, and 48% lower than the national average of $308,592.
The average household in Sherman earns about $33,403 a year. This income is 44% lower than the average family in New Mexico ($59,665), and 58% lower than the national average ($78,686).
Population
925
Median Household Income
$33,403
Median Home Value
$158,940
Median Age
53.7 yrs
Household Income Brackets
Racial & Ethnic Demographics
Age Distribution
Educational Attainment
Economic & Labor Indicators
| Individual Median Income | $21,631 |
| Labor Force Participation | 27.0% |
| Unemployment Rate | - |
| Average Commute Time | 19.7 mins |
Housing & Community Metrics
| Home Ownership Rate | 96.4% |
| Median Rent | - |
| Rent Burdened (>30% Income) | - |
| Total Housing Units | 361 |
Additional Census & Housing Profile
Geographic Overview
| County | Grant |
| County FIPS | 35017 |
| Metro Area (CBSA) | Silver City, NM |
| Population Density | 4.6/sq mi |
| Coordinates (lat/lng) | 32.7467, -107.8864 |
| Timezone | America/Denver |
| National Ranking | 5 |
| Incorporated | No |
Household Structure
| Average Family Size | 3.65 |
| Dual Income Families | 38.2% |
Marital Status
| Married | 42.7% |
| Never Married | 12.5% |
| Divorced | 36.2% |
| Widowed | 8.6% |
Gender
| Male | 49.1% |
| Female | 50.9% |
Health & Poverty
| Uninsured Rate (Health) | 7.6% |
| Poverty Rate | 16.0% |
Key Population Groups
| Veterans | 8.9% |
| Disabled Population | 25.4% |
| Limited English Proficiency | - |
All ZIP Codes in Sherman
| ZIP Code | Population | Median Household Income | Median Home Value |
|---|---|---|---|
| 88041 | 925 | $33,403 | $158,940 |
Nearby Cities
| City | Distance | Population |
|---|---|---|
| San Lorenzo, NM | 4.8 miles | 219 |
| Casas Adobes, NM | 5.3 miles | 195 |
| Mimbres, NM | 7.7 miles | 330 |
| Hanover, NM | 12.7 miles | 263 |
| North Hurley, NM | 14.2 miles | 166 |
| Bayard, NM | 14.4 miles | 2,057 |
| Hurley, NM | 14.7 miles | 1,044 |
| Santa Clara, NM | 15.4 miles | 1,809 |
| Arenas Valley, NM | 18.5 miles | 1,247 |
| Rosedale, NM | 20.7 miles | 252 |
| Pinos Altos, NM | 21.2 miles | 113 |
| Hillsboro, NM | 21.6 miles | 150 |
| Silver City, NM | 22.4 miles | 9,536 |
| Little Walnut Village, NM | 23.6 miles | 1,445 |
| Tyrone, NM | 24.3 miles | 814 |
| White Signal, NM | 29.6 miles | 177 |
| Keeler Farm, NM | 30.6 miles | 1,376 |
| Arrey, NM | 33.6 miles | 491 |
| Deming, NM | 34.3 miles | 15,221 |
| Pecan Park, NM | 35.2 miles | 575 |
| Ventura, NM | 36.7 miles | 603 |
| Pulpotio Bareas, NM | 37.1 miles | 221 |
| Caballo, NM | 37.3 miles | 233 |
| La Hacienda, NM | 38.5 miles | 640 |
| Salem, NM | 39.6 miles | 916 |
| Las Palomas, NM | 40.4 miles | 304 |
| Hatch, NM | 42.3 miles | 1,588 |
| Gila, NM | 42.4 miles | 366 |
| Sunshine, NM | 42.7 miles | 524 |
| Williamsburg, NM | 42.7 miles | 466 |
| Cliff, NM | 45.1 miles | 106 |
| Truth or Consequences, NM | 47.4 miles | 6,019 |
| Rincon, NM | 47.4 miles | 271 |
| Elephant Butte, NM | 48.6 miles | 1,790 |
| Hot Springs Landing, NM | 50.4 miles | 110 |