Demographics

Sherman, Texas is a distinctive market that serves multiple areas enjoying the benefits as a small metro, the heart of a regional business center and part of a major metropolitan area.

It is a primary city for business, retail government and professional services for the Sherman-Denison Metropolitan Statistical Area. The Sherman-Denison MSA is a one-county area adjacent to the Dallas MSA.

Sherman is also the largest city in the Texoma region that includes parts of Texas and Oklahoma. It is an area that surrounds Lake Texoma and encompasses the retail, workforce and media market. 

Sherman is part of the Dallas-Fort Worth Combined Statistical Area. The city is situated in north Texas approximately 40 miles north of Dallas (65 miles to downtown). Fast growing suburbs provide for a diverse and talented workforce. Sherman is located along the US 75 (Central Expressway) growth corridor and a NAFTA north-south super-corridor. Sherman is positioned to allow businesses to easily serve the entire US marketplace and all of North America.

 

Population (2016):

Sherman 41,167
Sherman-Denison MSA (Grayson County) 127,372
Texoma Region (Grayson, Cooke & Fannin Counties, Texas and Bryan, Carter, Marshall & Love Counties, Oklahoma) 315,309
Grayson and surrounding counties     1,822,297
Dallas-Fort Worth CSA (includes Sherman – Denison MSA)                         7,206,411

 

 

Race & Ethnicity:

White, not Hispanic 77.3%
African American 6.1%
American Indian 1.8%
Asian 1.1%
Pacific Islander 0.1%
Two or more races 2.2%

Hispanic (May identify with different races)

12.2%

 

 

Transportation:

Highways:      US Highway 75
  US Highway 82  
  State Highways 56, 11, 289, & 91
     
Distance to: Interstate 35          26 miles  
  Interstate 635        45 miles  
  Interstate 30          60 miles  
  Interstate 45          60 miles  
  Interstate 20          71 miles  
     
Airports: Sherman Municipal Airport        General Aviation         4,000 foot runway
  North Texas Regional Airport General Aviation         9,000 foot runway
  Dallas Love Field Commercial                 60 miles
  Dallas-Fort Worth International Commercial/Cargo      70 miles
     
Ports: Port of Houston     300 miles  
     

Traffic Count Maps

Traffic Count Maps

 

Industries:

Major Industry Composition (percent of workforce)  
Education and Health Services 20%
Trade, Transportation & Utilities 18%
Government 14%
Manufacturing 12%
Leisure and Hospitality 11%
Professional & Business Services 7%
Financial Activities 7%
Mining, Logging & Construction 5%
Other Services 3%
Information 1%

 

 

Largest Industry Sectors:

Food & Beverage
Semiconductors and Related Industries
Metal Products/Equipment Production
Plastic Products
Back Office Processing
Distribution/Logistics
Healthcare Services
Retail

 

Education:

School Districts:  
Sherman Independent School District  
S&S Consolidated Independent School District  
Howe Independent School District  
Denison Independent School District  
   
Higher Education:  
Austin College, a private liberal arts college 1,400 students
Grayson College, a two-year community college 6,000 students
There are seventeen colleges or universities within a one-hour drive of Sherman.  

 

 

Educational Attainment (Population 25 years and older, 2013)

Less than 9th grade 6.39%
9th-12th 9.16%
High School Diploma 29.83%
Some College 25.77%
Associates Degree 9.26%
Bachelor Degree 11.39%
Graduate Degree 8.2%

 

Taxes:

Corporate Tax Rates:

Texas has a Business Franchise Tax of approximately 1%, for more information:

Texas Comptroller of Pubic Accounts

 

Personal Tax:

Texas does not impose a personal income tax.

Real Estate Taxes (2014):

per $100 value
City of Sherman $0.3720
Grayson County $0.4909
Sherman Independent School District $1.4400
Grayson College $0.1815
Total $2.4844

 

Sales and Use Tax Rates:

8.25%

Inventory Tax Rates:

The Freeport Tax Exemption has been adopted by the City of Sherman, Grayson County, Grayson College and Sherman ISD (Quadruple Freeport) that eliminates property tax on inventory for qualifying goods shipped within and outside of the state within 175 days. 

 

Wage Rates:

Wage Rates

 

Utility Rates:

Electricity – Retail sales of electricity are deregulated allowing customers to contract for service and rates that meet their usage profile. A website has been established to assist customers (residential and commercial) to view providers and rates. For more information please view www.powertochoose.org. Also, there are firms that can assist with accessing the best rates for their needs.

Texas electric power infrastructure (lines, substations, etc.) remains regulated and is owned and managed by Oncor Electric Delivery in the Sherman area. For more information visit Oncor.

Average cost for industrial users:

$0.058/kilowatt-hour.

 

Natural Gas – All natural gas requirements can be met. ATMOS Energy is the local provider.  For more information on service, contact Atmos Energy at 800-460-3030 or visit Atmos Energy Business Services.

Average cost per MM BTU:

Approx $3.64 per MCF.

 

Water/Sewer – Sherman can meet your requirements through its available abundant water supply.

 

Water Rates

Base Charges (based on meter size):

5/8 or 3/4”

$ 22.14

1”

$ 43.66

1.5”

$ 87.73

2”

$ 149.46

3”

$ 325.84

4”

$ 572.74

6”

$1,278.23

8”

$2,265.90

10”

$3,535.77

 

Water Usage:

Consumption Charges:

First 1,500 gallons

Included in min. charge

All over 1,500 gallons

$3.17 per 1,000 gallons

 

Sewer Rates: Commercial

Amount:

Charge:

First 1,500 gallons

$7.95 minimum per month

All over 1,500 gallons

$ 3.38 per 1,000 gallons

 

Industrial Surcharge:

Amount:

Charge:

BOD (1 unit BOD per 1,000 gallons)

$0.003431

TSS (1 unit TSS per 1,000 gallons)

$0.002522

 

 

 

For additional information, please visit the City of Sherman’s rates and fees page.

For commercial waste rates, please visit the City of Sherman’s solid waste and recycling page.

Close »
Close »