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Sherman County Housing Market

Nebraska · 93 counties · Ranked #874 in home value

Below National AvgAffordable

Housing at a Glance

Median Home Value

$135,000

vs national$135,000 vs $281,900 national

Median Gross Rent

$866/mo

vs national$866 vs $1,163 national

Effective Tax Rate

1.22%

vs national+1.22% vs 1.02% national

Median Household Income

$61,935

vs national$61,935 vs $74,755 national

Affordability Ratio

2.2x

Home value ÷ income. <3 = affordable, >5 = expensive.

Rent Burden

21.0%

% of income spent on rent. >30% = burdened.

More Housing Data

Property Tax (Median)

$1,652

Tax as % of Home Value

1.22%

Monthly Owner Cost

$767

Renter Income

$52,500

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Similar Counties by Home Value

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Frequently Asked Questions

What is the median home value in Sherman County?

The median home value in Sherman County is $135,000. This is below the national median of $281,900.

How much is rent in Sherman County?

The median gross rent in Sherman County is $866 per month.

What is the property tax rate in Sherman County?

The effective property tax rate in Sherman County is 1.22%. The median annual property tax bill is $1,652.

Is Sherman County affordable?

With a home-value-to-income ratio of 2.2x, Sherman County is considered affordable compared to the recommended 3-4x guideline.

Data: U.S. Census Bureau, American Community Survey (ACS) 5-Year Estimates (2019-2023) — Informational only. Not financial or legal advice.