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Real Estate Prices & Overview

Sherman median real estate price is $215,784, which is less expensive than 83.5% of Florida neighborhoods and 75.8% of all U.S. neighborhoods.

The average rental price in Sherman is currently $1,515, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 92.5% of Florida neighborhoods.

Sherman is a rural neighborhood (based on population density) located in Okeechobee, Florida.

Sherman real estate is primarily made up of medium sized (three or four bedroom) to large (four, five or more bedroom) single-family homes and mobile homes. Most of the residential real estate is owner occupied. Many of the residences in the Sherman neighborhood are established but not old, having been built between 1970 and 1999. A number of residences were also built between 2000 and the present.

Home and apartment vacancy rates are 8.4% in Sherman. NeighborhoodScout analysis shows that this rate is lower than 46.2% of the neighborhoods in the nation, approximately near the middle range for vacancies.

Notable & Unique Neighborhood Characteristics

When you see a neighborhood for the first time, the most important thing is often the way it looks, like its homes and its setting. Some places look the same, but they only reveal their true character after living in them for a while because they contain a unique mix of occupational or cultural groups. This neighborhood is very unique in some important ways, according to NeighborhoodScout's exclusive exploration and analysis.

Real Estate

The real estate in this neighborhood consists of more mobile homes than 98.7% of all neighborhoods in America, with 46.5% of the occupied housing here being classified as mobile homes. So if you are looking for a mobile home, or you like the look and feel of mobile home parks, this neighborhood might have the setting you desire.

Modes of Transportation

In the Sherman neighborhood, carpooling is still a popular way to get to and from work. NeighborhoodScout's analysis reveals that 28.8% of commuters carpool here, which is more than in 98.6% of all U.S. neighborhoods.

Occupations

NeighborhoodScout's exclusive research identifies the Sherman neighborhood as having one of the highest concentrations of people employed in manufacturing or as laborers of any neighborhood in America. In fact, despite the loss of manufacturing jobs nationally, this neighborhood has 42.8% of its working residents employed in such fields, which is a higher proportion than 95.9% of American neighborhoods.

Diversity

Did you know that the Sherman neighborhood has more Dutch ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 3.9% of this neighborhood's residents have Dutch ancestry.

The Neighbors

How wealthy a neighborhood is, from very wealthy, to middle income, to low income is very formative with regard to the personality and character of a neighborhood. Equally important is the rate of people, particularly children, who live below the federal poverty line. In some wealthy gated communities, the areas immediately surrounding can have high rates of childhood poverty, which indicates other social issues. NeighborhoodScout's analysis reveals both aspects of income and poverty for this neighborhood.

The neighbors in the Sherman neighborhood in Okeechobee are lower-middle income, making it a below average income neighborhood. NeighborhoodScout's research shows that this neighborhood has an income lower than 83.9% of U.S. neighborhoods. With 34.9% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 85.5% of U.S. neighborhoods.

What we choose to do for a living reflects who we are. Each neighborhood has a different mix of occupations represented, and together these tell you about the neighborhood and help you understand if this neighborhood may fit your lifestyle.

In the Sherman neighborhood, 42.8% of the working population is employed in manufacturing and laborer occupations. The second most important occupational group in this neighborhood is sales and service jobs, from major sales accounts, to working in fast food restaurants, with 24.3% of the residents employed. Other residents here are employed in executive, management, and professional occupations (17.9%), and 11.6% in clerical, assistant, and tech support occupations.

Languages

The languages spoken by people in this neighborhood are diverse. These are tabulated as the languages people preferentially speak when they are at home with their families. The most common language spoken in the Sherman neighborhood is English, spoken by 66.4% of households. Other important languages spoken here include Spanish, Italian and Polish.

Ethnicity / Ancestry

Culture is shared learned behavior. We learn it from our parents, their parents, our houses of worship, and much of our culture – our learned behavior – comes from our ancestors. That is why ancestry and ethnicity can be so interesting and important to understand: places with concentrations of people of one or more ancestries often express those shared learned behaviors and this gives each neighborhood its own culture. Even different neighborhoods in the same city can have drastically different cultures.

In the Sherman neighborhood in Okeechobee, FL, residents most commonly identify their ethnicity or ancestry as Mexican (31.6%). There are also a number of people of Irish ancestry (13.4%), and residents who report English roots (10.5%), and some of the residents are also of German ancestry (8.0%), along with some South American ancestry residents (5.2%), among others. In addition, 17.7% of the residents of this neighborhood were born in another country.

Getting to Work

How you get to work – car, bus, train or other means – and how much of your day it takes to do so is a large quality of life and financial issue. Especially with gasoline prices rising and expected to continue doing so, the length and means of one's commute can be a financial burden. Some neighborhoods are physically located so that many residents have to drive in their own car, others are set up so many walk to work, or can take a train, bus, or bike. The greatest number of commuters in Sherman neighborhood spend between 15 and 30 minutes commuting one-way to work (39.9% of working residents), which is shorter than the time spent commuting to work for most Americans.

Here most residents (64.9%) drive alone in a private automobile to get to work. In addition, quite a number also carpool with coworkers, friends, or neighbors to get to work (28.8%) . In a neighborhood like this, as in most of the nation, many residents find owning a car useful for getting to work.


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Commute To Work
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Race & Ethnic Diversity
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Income & Unemployment Rate
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Crime includes:
Neighborhood Crime Index
Crimes Per Square Mile
Property Crime Comparison
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Schools include:
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