ExecutivePulse
Official Federal Data

Sherman County, Nebraska

FIPS 31163 · Population 2,967
9 Sources Updated June 22, 2026
$63,578
Median Income
$80,734 national
2.9%
Unemployment
4% national
$158M
GDP
20.5%
Bachelor's+
35.7% national
Small population: 2,967 residents. These figures come from the U.S. Census Bureau’s American Community Survey 5-year estimates, which carry a wide margin of error for places under 20,000 people. Read each value as an approximate range, and treat year-over-year changes as indicative rather than exact. A small shift can reflect survey sampling, not a real change on the ground.

Demographics & Population

Census Bureau American Community Survey 2020-2024 · 5-Year Estimates

Household Income

Source: U.S. Census Bureau · American Community Survey 2020-2024 5-Year Estimates
Median Household
$63,578
Per Capita
$34,894
Mean Household
$78,359
Poverty Rate
8.6% approx.
Median Income Comparison
Sherman County$63,578
Nebraska$76,475
National$80,734

Population Profile

Source: Census Bureau ACS 2020-2024 · Tables B01001, B02001, B03003
65+: 27.9% (827 residents) 55-64: 14.6% (432 residents) 35-54: 21.1% (625 residents) 18-34: 15.3% (453 residents) Under 18: 21.2% (630 residents) 47 Median Age
Cohorts
Under 18 · 21.2%
18-34 · 15.3%
35-54 · 21.1%
55-64 · 14.6%
65+ · 27.9%
Race & Ethnicity
White93.8%
Black or African American0.3%
Asian0.5%
Hispanic or Latino(any race)2.8%
Hispanic or Latino is an ethnic category and overlaps with the race categories above.

Educational Attainment

Source: Census Bureau ACS 2020-2024 · Table B15003 · Population 25+
92%
High School+
National: 89.6%
▲ +2.4 pts
20.5%
Bachelor's+
National: 35.7%
▼ 15.2 pts
6.8%
Graduate+
National: 14.1%
▼ 7.3 pts

Employment Overview

Source: U.S. Census Bureau · American Community Survey 2020-2024 5-Year Estimates
2,967
Population
1,478
Labor Force
Employed
1,433
Unemployment Rate BLS LAUS 2025 annual
2.9% ▲ +0.2 pts YoY
Mean Commute 5 min below national avg
21.8 min
Work From Home vs 15.1% national
7%
Key Takeaways
  • Income gap: Households earn meaningfully less than the national median, which directly affects retail demand, housing absorption, and tax base.
  • Talent gap: Bachelor's-or-higher attainment trails the national average by 15.2 pts, relevant for advanced-services attraction strategy.
  • Aging population: Median age of 47 is materially above the U.S. norm; succession planning and senior-services demand are real factors.

Economy & Industry

Bureau of Labor Statistics QCEW · Bureau of Economic Analysis

$158M
Gross Domestic Product · 2024
Source: Bureau of Economic Analysis · CAGDP1 Regional GDP

Top Industries by Employment

Source: Bureau of Labor Statistics · Quarterly Census of Employment & Wages 2025 Annual
Top industries by employment in Sherman County, Nebraska, with employment, share of top sectors, and average wage
IndustryEmploymentShare of Top 10Avg Wage
1Retail Trade
83 43.2%
$27,307
2Health Care and Social Assistance
69 35.9%
$44,046
3Finance and Insurance
28 14.6%
$44,341
4Professional, Scientific, and Technical Services
12 6.2%
$30,283
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Key Takeaways
  • Largest sector: Retail Trade employs 83 workers (43.2% of tracked sectors), at an average wage of $27,307.
  • Economic scale: Regional GDP of $158M (2024).
Source: BLS QCEW + BEA Regional GDP.
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Industry Concentration

Location Quotient measures regional specialization vs. national average. LQ > 1.0 = concentrated.

Location Quotient Analysis

Concentrated Industries
Source: BLS QCEW · 3-digit NAICS sub-sector · Location Quotient vs. national employment share
Same source as the Top Industries table above, sub-sector view surfaces the specialization the supersector view masks (e.g., Plastics & Rubber Manufacturing inside the Manufacturing supersector).
Crop Production
9.08x
21
Repair and Maintenance
1.88x
12
Food and Beverage Retailers
1.69x
24

Cluster Depth

Source: BLS QCEW · Sub-sectors with LQ ≥ 1.5 indicate genuine cluster concentration
Dominant Cluster
Retail Trade Cluster
Coherent grouping of concentrated sub-sectors, signals supply-chain fit for site selectors
24
Cluster Employment
1.69x
Peak LQ
Concentrated Sub-Sectors
Crop Production
9.08x 21
Repair and Maintenance
1.88x 12
Food and Beverage Retailers
1.69x 24

Attraction Opportunities

LQ < 0.5 with ≥ 50 employed, realistic diversification targets. Source: BLS QCEW
Key Takeaways
  • Top specialization: Crop Production concentrates at 9.08x the national norm, top-decile concentration, the kind of signature sector that defines a region's economic identity to site selectors.
  • Cluster depth: 3 sub-sectors register LQ ≥ 1.5, suggesting an interconnected industrial base rather than reliance on a single employer or sector.
Source: BLS QCEW sub-sector Location Quotients.
Sherman County's Top Sectors by Workforce Share
Each rectangle's area is proportional to that sector's share of total private-sector employment across all NAICS supersectors. Hover for exact employment.
Source: Bureau of Labor Statistics QCEW 2025 Annual · Private sector, NAICS supersectors

Housing & Affordability

Census ACS · HUD Fair Market Rents FY2026

Housing Overview

Source: Census Bureau ACS 2020-2024 5-Year Estimates · Tables B25001, B25077, B25064
$152,000
Median Home Value vs 2019
$818
Rent/Mo
75.4%
Owner-Occ
26.2%
Vacancy
2.4x
Home Value to Income Ratio - Affordable
vs. ~4.1x national average

HUD Fair Market Rents

Source: HUD · Fair Market Rents FY2026
Studio
$666/mo
1 Bedroom
$732/mo
2 Bedroom
$961/mo
3 Bedroom
$1,337/mo
4 Bedroom
$1,507/mo
30% of monthly median household income (~$1,589/mo) · rents above this line are typically considered cost-burdened.
Key Takeaways
  • Affordable market: Home value to income ratio of 2.4x is well below the ~4.1x national average; supports talent attraction and family settlement narratives.
  • High home ownership: 75.4% owner-occupied; rental supply may be tight for incoming workers.
  • Elevated vacancy: 26.2% vacancy rate. In resort, rural, and seasonal markets much of this is recreational/seasonal (second homes), not available supply; confirm the vacancy-by-reason split before treating it as a redevelopment opportunity.
  • Broadly affordable rents: All 5 HUD Fair Market Rent bedroom tiers sit below the 30%-of-median-income affordability threshold (~$1,589/mo), a clear cost-of-living advantage for workforce attraction.
Source: Census ACS housing tables + HUD Fair Market Rents.

Workforce Pipeline

Labor force readiness, commuting, and workforce composition

Labor Market Overview

Source: Census ACS 2020-2024 · Tables B01001, B23025, B08303, B08301
1,510
Working Age (18-64) vs 2019
Mean Commute 5 min below national avg
21.8 min
Work From Home vs 15.1% national
7%
Prime-Age Employed (25-54)
89.1%
of prime-age population
Labor force participation rate: 63.2% of working-age population (18-64) 63% Participation
▼ vs 2019

Education & Talent Pipeline

Source: Census ACS 2020-2024 · Table B15003 · College Scorecard
Bachelor's+
20.5%
HS Diploma+
92%
Regional / Statewide Institutions
Total credentials awarded
20,331/yr
University of Nebraska-Lincoln 6,113/yr
University of Nebraska at Omaha 3,604/yr
Bellevue University 3,235/yr
Creighton University 2,955/yr
Central Community College 2,601/yr
Metropolitan Community College Area 1,823/yr

Aging Workforce

Source: Census Bureau ACS · Derived from age & employment tables
28.6%
55-64 of working-age population (18-64)
Elevated retirement risk, above the 20% threshold. Succession planning recommended.

Workforce by Occupation

Source: Census ACS 2020-2024 · Table C24010 · Civilian employed population 16+
Management / Professional
35%
Service
20.6%
Sales & Office
18.6%
Construction / Maint.
14.5%
Production / Transport
11.3%
Bars scaled 2× for visual differentiation; percentage labels show actual share of 1,433 employed workers.
Key Takeaways
  • Succession risk is real: 28.6% of working-age residents are 55-64. Plan for retirements over the next decade and pair attraction strategy with talent retention.
  • Short commutes: 21.8-minute mean commute is a quality-of-life and labor-access advantage worth surfacing for site selectors.
  • Talent pipeline: 6 regional institutions feed the workforce; the top three combined produce 12,952 annual credentials.
Source: ACS workforce data and College Scorecard.

AI Insights

AI-assisted analysis, drawn from 9 federal data sources

Sample AI Insight

Sherman County shows strong potential for crop production attraction, with a 9.08x concentration and 21 jobs in this sub-sector. It ranks in the top decile nationally. Near-term succession risk is elevated, with 28.6% of the working-age population within 10 years of retirement age.

The interconnected base across crop production, repair and maintenance, and food and beverage retailers creates supply-chain attraction leverage rather than single-employer risk, a structural advantage for industrial recruitment.

Industry Shift Analysis

Manufacturing Automation Risk
High
Healthcare Growth Forecast
+4.2% CAGR
Remote Work Migration
67/100

Prospect Match Scores

Advanced Manufacturing
92/100
Life Sciences
84/100
Data Centers
71/100
Illustrative example

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Data Sources

Updated from official federal government data.

Census ACS 5-Year2024
BLS QCEW2025 annual
BLS LAUS (via FRED)2025 annual
BEA Regional GDP2024
Census CBP2023
HUD Fair Market RentsFY2026
FCC Broadband Map2024
USAspending.govFY2026
College ScorecardAY 2022-23

Frequently Asked Questions

Key economic and demographic figures for Sherman County, Nebraska, from federal data sources.

What is the population of Sherman County, Nebraska?

2,967 (U.S. Census Bureau, ACS 5-Year Estimates).

What is the median household income in Sherman County, Nebraska?

$63,578 (U.S. Census Bureau, ACS 5-Year Estimates).

What is the unemployment rate in Sherman County, Nebraska?

2.9% (2025 annual average, U.S. Bureau of Labor Statistics, LAUS).

What is the GDP of Sherman County, Nebraska?

$158M (U.S. Bureau of Economic Analysis, CAGDP1).