Sherman County, Nebraska Income Statistics
Sherman County Wealth Score
The wealth index reflects the overall economic prosperity and financial well-being of a county's residents based on income levels, employment rates, and income inequality metrics.
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C
Sherman County Below average
Source: Map AI Methodology
Income Statistics Overview
| Metric | Sherman County | Nebraska Avg | US Average |
|---|---|---|---|
| Median Household Income | $62,401 | $76,615 | $80,455 |
| Median Personal Income | $48,570 | $56,814 | $60,758 |
| Average Yearly Income Growth | 3.7% | 4.3% | 4.8% |
| Six-Figure Earners | 6.2% | 11.4% | 13.9% |
| $200k+ Households | 4.5% | 9.4% | 13.2% |
The median household income in Sherman County is about 19% lower than in Nebraska. Income has been growing slower in Sherman County (3.7%/yr) than in Nebraska (4.3%/yr).
About 6% of adults in Sherman County earn six figures ($100,000 or more) a year, lower than the Nebraska average of 11%.
Median Household Income 2009–2024 Trend
Median Household Income Over Time
Median household income in Sherman County, Nebraska grew by 68.5% from 2009 to 2024, reaching $62,401 in 2024. That's an average of about 3.7% per year.
Income Inequality and the Gender Pay Gap in Sherman County
| Metric | Sherman County | Nebraska Avg | US Average |
|---|---|---|---|
| Gini Coefficient | 0.488 | 0.515 | 0.552 |
| Male Median Income | $56,990 | $65,618 | $69,667 |
| Female Median Income | $43,953 | $52,854 | $56,850 |
| Gender Pay Gap | 22.9% | 19.5% | 18.4% |
The Gini coefficient measures how evenly income is shared between richer and poorer households, from 0 (everyone earns the same) to 1 (one household earns nearly everything). The lower the number, the more equally income is distributed. In Sherman County, it is 0.488, lower than Nebraska's 0.515, so income is more evenly distributed here than there, and lower than the US's 0.552, so income is more evenly distributed here than there.
Men's income is about 30% more than women's income in Sherman County, Nebraska. Over a 35-year career, a 30% wage gap accumulates to roughly $456,295 in unearned income for female workers in the area.
Income by Sex Over Time
Since 2009, the income gap between men and women in Sherman County, Nebraska has narrowed from about 31% to 23% in 2024. Over that period the gap was widest at 36% in 2016, and was narrowest at 22% in 2021. In dollar terms, the gap has widened by $2,293 since 2009.
Employment
| Metric | Sherman County | Nebraska Avg | US Average |
|---|---|---|---|
| Unemployment Rate | 3.0% | 3.0% | 5.2% |
| Working from Home | 7.0% | 11.1% | 15.0% |
| Commute time (minutes) | 17 | 16 | 22 |
Approximately 45 people are unemployed in Sherman County, Nebraska.
The average commute time in Sherman County is 17 minutes, longer than the 16 minutes in Nebraska.
Unemployment Rate Over Time
Since 2011, the unemployment rate in Sherman County, Nebraska has fallen from 3.3% to 3.0% in 2024. Over that period the rate peaked at 4.6% in 2023 and fell as low as 1.7% in 2017.
Sherman County, NE Wealth Compared With Nearby Counties
Sherman County, NE is the 5th largest of the 6 counties compared here, 2,967 residents against a local median of 6,534. There is no headline here. Every measure below sits within 15% of the median across the nearest counties, which makes Sherman County, NE an unremarkable member of its own neighbourhood rather than an outlier in it.
The largest of those small differences is income growth, 14% below the local median at 3.7%/yr against 4.2%/yr. Sherman County, NE has the 5th highest income growth of the 6 areas compared here.
| Area | Population | Median household income | Income growthAverage yearly change in median household income since 2016. Each year is measured in its own dollars, so this is growth before inflation. | Unemployment | Income inequalityGini coefficient: 0 would mean every household earns the same, 1 that a single household earns everything. The lower the number, the more equally income is shared here. |
|---|---|---|---|---|---|
| Sherman County, NE | 2,967 | $62,401 #6/6 | 3.7%/yr #5/6 | 3.0% #3/6 | 0.488 #3/6 |
| Valley County, NE | 4,066 | $62,985 | 4.5%/yr | 1.0% | 0.467 |
| Buffalo County, NE | 50,579 | $75,983 | 4.2%/yr | 2.6% | 0.507 |
| Howard County, NE | 6,534 | $77,518 | 5.0%/yr | 3.8% | 0.476 |
| Greeley County, NE | 2,202 | $64,901 | 3.9%/yr | 3.5% | 0.507 |
| Hall County, NE | 62,536 | $68,324 | 3.6%/yr | 4.0% | 0.508 |
Conclusion
Considering all these factors, Sherman County, Nebraska has an overall wealth index grade of C, making it about on par with Nebraska, and about on par with the country as a whole.
Frequently Asked Questions
Common questions about income and wealth in Sherman County, Nebraska.
How Rich Is Sherman County, Nebraska?
Sherman County has a wealth index grade of C. The wealth index grades areas from A+ (best) to F- by combining income levels, employment rates, and income inequality; a C grade means residents are close to the U.S. average. The median household income is $62,401, about 19% lower than the Nebraska average of $76,615.
Are incomes growing in Sherman County, Nebraska?
Between 2009 and 2024, the median household income in Sherman County, Nebraska rose 69%, from $37,031 to $62,401. Over the same years, income here outpaced Nebraska as a whole: +69% against +60%.
What was the median household income in Sherman County in 2023?
In 2023, the median household income in Sherman County, Nebraska was $61,791, up 3% from $60,262 in 2022. The Nebraska median that year was $74,986.
What was the median household income in Sherman County in 2020?
In 2020, the median household income in Sherman County, Nebraska was $52,692. By 2024 it had risen 18% to $62,401.
What is the Gini coefficient in Sherman County, Nebraska?
The Gini coefficient in Sherman County is 0.488. It measures income inequality on a scale from 0 (everyone earns the same) to 1 (one household earns everything). That is lower than the US average of 0.552, so income is distributed more equally than in the country overall.
How has the income gap between men and women changed in Sherman County, Nebraska?
Since 2009, the income gap between men and women in Sherman County, Nebraska has narrowed from about 31% to 23% in 2024. Over that period the gap was widest at 36% in 2016, and was narrowest at 22% in 2021. In dollar terms, the gap has widened by $2,293 since 2009.
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