Residential comparison · 13 facts
Sherman, TX vs The Colony, TX
Compare the housing, tax, cost, income, safety, school, and climate facts that are available for both places. The table shows the numbers without declaring one city universally better.
A household earning $85,000 in Sherman needs about $94,500 in The Colony to keep the same lifestyle.
Coming from The Colony, $85,000 of lifestyle costs about $75,500 in Sherman.
A few differences
- The Colony is higher on median household income ($114,511 vs $58,859).
- Sherman is lower on cost of living index (89 vs 106).
- Sherman is lower on 2-bedroom rent ($1,259/mo vs $1,963/mo).
Sherman vs The Colony · facet by facet
| Facet | Sherman, TX | The Colony, TX |
|---|---|---|
| Median home price | $243,500 | $383,900 |
| 2-bedroom rent | $1,259/mo | $1,963/mo |
| Property tax rate | 1.68% | 1.68% |
| State & local income tax | 0% | 0% |
| Sales tax | 8.2% | 8.2% |
| Cost of living index | 89 | 106 |
| Groceries index | 96 | 96 |
| Utilities | $185/mo | $185/mo |
| Median household income | $58,859 | $114,511 |
| Unemployment rate | 4% | 4% |
| Crime index | 50/100 | 50/100 |
| School rating | 5.5/10 | 5.5/10 |
| Sunny days / year | 230 days | 230 days |
Data: Census ACS 2024 · BLS · Tax Foundation 2024 brackets · HUD/Zillow · NOAA 1991–2020 · FEMA NRI · Values are shown as reported; no universal winner is implied.
Full profiles: Sherman, TX · The Colony, TX
Questions & answers
- Is Sherman cheaper than The Colony?
- Sherman has the lower day-to-day cost index (89 vs 106 against a national 100). The other differences are shown facet by facet in the table.
- What household income in The Colony equals $85,000 in Sherman?
- A household earning $85,000 in Sherman needs about $94,500 in The Colony to keep the same lifestyle; coming the other way, $85,000 of The Colony lifestyle costs about $75,500 in Sherman.