Nebraska / County

Moving to Sherman Lake, NE

Thinking of making a move to Sherman Lake, NE? Get helpful local information about living costs, neighborhoods, schools, weather, housing, DMV details, and practical relocation details before you plan your move.

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Everything You Should Know Before Moving to Sherman Lake, NE

Considering a move to Sherman Lake, NE? This welcoming community of 950 residents offers a blend of suburban charm and convenience, with median home prices around $135,000 and average rents near $780. Commute times average 18 minutes and public transport is accessible, making it great for professionals. The area boasts low violent crime, strong schools, and plenty of sunny days (63% annually), ideal for families and commuters alike. Explore Sherman Lake's cost of living, education, and friendly neighborhoods to see if it's the right fit for your next move.

Demographics - Sherman Lake, NE

Sherman Lake has a population of 950 residents, offering a diverse community with a median age of nearly 43 and a balanced gender ratio. The area features a strong blend of backgrounds, with about 92% White, 1% Black, and 1% Asian residents, and over 5% speaking a language other than English at home. Its high population density contributes to a lively suburban atmosphere.

Population
950
Density
28 per sq mi
Median Age
43.2
Gender Ratio
98 males per 100 females
Non-English Speakers Percentage
4.5%

Ethnic Composition

White
92.0%
Black
1.2%
Asian
0.5%
Others
6.3%

Cost Of Living

What is the average cost of living in Sherman Lake, NE?

The cost of living in Sherman Lake is higher than the national average, with a cost of living index of 86.5. Median home values are around $135,000 and average rents for a two-bedroom apartment are approximately $780. Utilities, groceries, and transportation costs are also elevated, reflecting the area's desirable location and amenities.

Median House Value
$135,000
Gross Rent
$780
Monthly Electricity Charges
$110
Auto Insurance
$1,050
House Owner Cost With Mortgage
$1,020
House Owner Cost Without Mortgage
$370
State Taxes
Low: 2.46%| High: 6.84%
Cost Of Living Index
86.5
Grocery
92.0
Housing
66.0
Utilities
96.5
Transportation
83.0
Health Care
93.2
Miscellaneous
90.0

Crime

Is Sherman Lake, NE a safe place to live?

Sherman Lake is considered a safe community, with a low violent crime rate of 124 incidents per 100,000 residents and a property crime chance of 1 in 86. Most residents enjoy peace of mind, making it an attractive choice for families. The crime index remains below many urban areas in Nebraska.

Violent Crimes Per 100k
124
Property Crimes Per 100k
1,170
Crime Index
1,294
Chance Of Violent Crime
1 in 806
Chance Of Property Crime
1 in 86

Weather

What is the weather like in Sherman Lake, NE year-round?

Sherman Lake experiences four distinct seasons, with warm summers reaching highs of 88°F and cold winters dipping to 13°F. The area receives about 28 inches of rainfall annually and enjoys sunshine on 63% of days. This climate offers residents a balanced mix of outdoor opportunities year-round.

Winter

Min
13°F
Max
33°F

Summer

Min
61°F
Max
88°F

Spring

Min
38°F
Max
66°F

Fall

Min
37°F
Max
70°F
Average Rainfall Inches
27.8 inches
Sunny Days Percentage
63%

Neighbors

The neighborhood boasts a healthy median household income of $56,500 and a low poverty rate of 11.6%. Over 92% of residents have at least a high school diploma, and nearly 19% hold a bachelor's degree or higher. Commute times average 18 minutes, and almost 0% use public transportation, reflecting the area's accessibility and educated population.

Median Income
$38,000
Household Income
$56,500
Family Income
$67,200
Per Capita Income
$28,700
Income Male
$41,200
Income Female
$33,100
Poverty Rate
11.6%
Non English Speakers
4.5%
Rent
$780
Unemployment Rate
3.1%
Public Transport Usage
0.3%
Commute Time
18.4 minutes

Education

High School or Higher
91.8%
Bachelors or More
18.5%

Education

How are the schools in Sherman Lake, NE?

Sherman Lake offers quality education options, with public schools like Loup City Public School known for favorable student-to-teacher ratios. Families also have access to private schools and several nearby colleges, including Central Community College. The community is committed to educational excellence for all age groups.

Public Schools

Name
Loup City Public School
Street
800 N 8th St
Phone
308-745-0120
Students
320
Student Teacher Ratio
12.5

Private Schools

Name
St. Josaphat Catholic School
Street
306 O St
Phone
308-745-0075
Students
70

Colleges

Name
Central Community College
City
Grand Island
State
NE
Distance
47 miles
Students
6,000

Healthcare

Sherman Lake residents have access to quality healthcare, with major hospitals like Valley County Health System nearby. The community benefits from a high physician-to-resident ratio of 1.5 per 1,000 people and 92.1% health insurance coverage. Local healthcare services are reliable and comprehensive.

Major Hospitals

Name
Valley County Health System
Address
2707 L St, Ord, NE 68862
Phone
(308) 728-4200
Type
General & Surgical
Emergency Services
Yes

Healthcare Access

Physicians Per 1000
1.5
Health Insurance Coverage
92.1%
Health Care Index
67.8

Housing Market

What is the housing market like in Sherman Lake, NE?

The local housing market is strong, with a median home price of $135,000 and an owner-occupied rate of nearly 75%. The market has seen a 4.2% appreciation over the past year, and rental vacancy rates remain moderate at 7.5%. Sherman Lake offers a mix of stability and opportunity for both buyers and renters.

Median Home Price
$135,000
Average Rent For 2 Bedroom
$780
Owner Occupied Rate
75.0%
Rental Vacancy Rate
7.5%
Home Appreciation Rate (1yr)
4.2%
New Construction Rate
0.7%
Foreclosure Rate
0.3%

DMV Information

Residents of Sherman Lake handle vehicle services through the Nebraska Department of Motor Vehicles, conveniently located in Lincoln. The state DMV provides driver licensing, vehicle registration, and other essential services both in person and online. Information and resources are easily accessible for new and existing residents.

State
Nebraska
Department
Nebraska Department of Motor Vehicles
Address
301 Centennial Mall South, Lincoln, NE 68509
Phone
402-471-3985

Disclaimer: The information provided on this page is based on publicly available sources including AccuWeather, U.S. Census Bureau, local government data, and third-party partners such as Neustar. While we strive to ensure accuracy, all data is provided “as is” and should be independently verified before making any decisions. Movers.com makes no guarantees regarding the completeness or reliability of the information.

FAQs About Moving to Sherman Lake, NE

Answers use the same city data shown on this page, including costs, housing, schools, safety, weather, healthcare, and DMV details.

Before moving to Sherman Lake, review the core fields on this page: population 950, median home value $135,000, average rent for 2 bedroom $780, commute time 18.4 minutes, and sunny days percentage 63%.

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