Sherwood, AR demographics:
population, income, and more

Total population
33,070
0.5% year-over-year change
Median household income
$81,328/yr
2.7% year-over-year change
Housing units
15,030
0.8% year-over-year change

Sherwood population

How many people live in Sherwood

Sherwood is home to 33,070 residents, according to the most recent Census data. Gender-wise, 49.1% of Sherwood locals are male, and 50.9% are female.

Total population
33,070
0.5% year-over-year change
Gender ratio
Male
49.1%
16,246
Female
50.9%
16,824
Value Percent YoY change
Male 16,246 49.1% 2.8%
Female 16,824 50.9% -1.6%
A higher population often means more rental variety and livelier areas. The gender balance—how many men live here compared to women—can reveal a lot about the community and the lifestyles of its residents. Use this info to get a sense of the area's pace and personality.

Age demographics

The median age in Sherwood is 40, with the population distributed as follows: about 17.2% are children under 15, then 12.8% are in the 15 to 24 age group. Adults between 25 and 44 make up 26.6% of the population, while another 25.6% fall into the 45 to 64 bracket. Finally, around 17.8% are 65 or older.

Median age
39.9
Age breakdown
Under 15
17.2%
15 to 24
12.8%
25 to 44
26.6%
45 to 64
25.6%
Over 65
17.8%
Value Percent YoY change
Under 15 5,705 17.2% 0.5%
15 to 24 4,228 12.8% 0.5%
25 to 44 8,814 26.6% -2.5%
45 to 64 8,449 25.6% 4.8%
Over 65 5,874 17.8% -0.9%
The age composition helps you get insight into who lives in the area. A younger population might mean a more active, fast-paced vibe, while an older one could suggest a quieter, slower lifestyle. If there's a balanced makeup, you’re likely to find a variety of services, housing types, and community spaces that cater to different life stages.

Racial makeup

In Sherwood, 95.9% of the population are US-born citizens, while 2.6% have gained naturalized citizenship. At the same time, 1.5% of residents are non-citizens. As for race, 62.1% of locals are Caucasian, 29.5% are African American and 1.7% have Asian roots. There’s also a share of 4.9% that includes residents with two or more races.

Citizenship
U.S.-born citizens
95.9%
Non-U.S.-born citizens
2.6%
Non-citizens
1.5%
Value Percent YoY change
U.S.-born citizens 31,716 95.9% 0.4%
Non-U.S.-born citizens 872 2.6% -11.3%
Non-citizens 482 1.5% 41.4%
Racial breakdown
White
62.1%
Black or African American
29.5%
American Indian and Alaska Native
0.1%
Asian
1.7%
Native Hawaiian and other Pacific Islander
0%
Two or more races
4.9%
Other
1.7%
Value Percent
White 20,526 62.1%
Black or African American 9,750 29.5%
American Indian and Alaska Native 34 0.1%
Asian 559 1.7%
Two or more races 1,628 4.9%
Other 573 1.7%

Households in Sherwood

A peek inside Sherwood households

Sherwood has 14,077 households, with an average of 2 members in each. Of these, 66.6% are families, while the remaining 33.4% are made up of individuals living alone or with non-relatives, such as roommates.

Households stats

Total households
14,077
2.3% year-over-year change
Average people per household
2
Non-family households
4,701
Family households
9,376
Value Percent YoY change
Non-family households 4,701 33.4% 3.9%
Family households 9,376 66.6% 1.5%
The mix between family and non-family households gives a glimpse into daily life. A higher percentage of families might mean more parks and schools, while more non-family setups can mean flexible housing and diverse living styles. For renters, this can signal what kinds of homes are common and can help you figure out if the area matches your lifestyle.

Housing in Sherwood

The housing landscape of Sherwood

Sherwood's housing consists of 15,030 units, with 78.5% being detached single-family homes ideal for those wanting space. Attached options, including duplexes and townhouses, make up 0.9% and offer a more compact, shared living style. Then there are the multifamily buildings in the area, and for those seeking flexibility, non-traditional options like mobile homes account for 4.1% of the housing landscape.

Housing units
15,030
0.8% year-over-year change
Housing types
Value Percent
1 unit, detached 11,800 78.5%
1 unit, attached 129 0.9%
2 units 289 1.9%
3 or 4 units 597 4%
5 to 9 units 511 3.4%
10 to 19 units 645 4.3%
20 to 49 units 132 0.9%
50 or more units 294 2%
Mobile home 614 4.1%
Boat, RV, van, etc. 19 0.1%
Homes built since 2020
364
61.8% year-over-year change

The age of buildings in Sherwood

In Sherwood, the median construction year is 1986. About 0.8% of homes were built before the 1940s, with another 1% going up by 1949. Most development happened in the second half of the 20th century. Then, 12.4% of homes were added from 2000 to 2009, 16.9% between 2010 and 2019, and 2.4% are part of the newest wave of development.

Construction year breakdown by decade
Value Percent YoY change
Built in 1939 or earlier 117 0.8% 8.3%
Built between 1940 and 1949 147 1% -39.5%
Built between 1950 and 1959 873 5.8% 2.8%
Built between 1960 and 1969 1,098 7.3% -6.9%
Built between 1970 and 1979 3,445 22.9% 0.8%
Built between 1980 and 1989 3,021 20.1% -4.8%
Built between 1990 and 1999 1,561 10.4% -5.7%
Built between 2000 and 2009 1,869 12.4% 9.0%
Built between 2010 and 2019 2,535 16.9% 8.0%
Built in 2020 or later 364 2.4% 61.8%
As a renter, knowing when homes were built helps you understand the potential condition and design of rental units. Newer builds may have more contemporary layouts, while older homes can offer character or larger lots, depending on the area.

Sherwood occupancy rates

Out of the 14,077 occupied housing units in Sherwood, 70.8% are owner-occupied, while 29.2% are lived in by tenants. Meanwhile, 6.3% of all homes on the local market sit vacant.

Occupied housing units
14,077
2.3% year-over-year change
Occupancy breakdown
Renter occupied
4,116
Owner occupied
9,961
Value Percent YoY
change
Renter occupied 4,116 29.2% 3.4%
Owner occupied 9,961 70.8% 1.8%
Unoccupied housing units
6.3%
Unoccupied housing units refer to homes that are currently without residents—whether they're waiting for renters or owners, used seasonally, or simply unclaimed. A higher share of empty homes may mean more housing availability, while a low number can reflect a tighter market with more competition. This, along with the renter-vs.-owner mix, helps paint a clearer picture of what types of housing and services are likely to be available in the area.

Sherwood housing costs

Housing costs in Sherwood come to a median of $1,125 per month, while tenants specifically pay a median gross rent of $1,101.

Median housing costs per month
$1,125/month
This figure sums up typical monthly housing costs for all households in the area. If you own, it includes mortgage payments in addition to property taxes, insurance and HOA fees. If you rent, it accounts for rent plus extras like utilities. It’s useful for seeing how local living expenses stack up compared to other places.
Median gross rent in Sherwood
$1,101/month
Gross rent gives a more complete look at what renters actually pay, including not just base rent, but also utilities and fees. It’s a key number for evaluating rental affordability in your area of interest and understanding how it compares to nearby locations.

Education in Sherwood

Sherwood education at a glance

About 31.2% of the population in Sherwood went to high school, while 24% pursued college studies. Another 9.3% earned an associate degree and 21.5% hold a bachelor’s. Meanwhile, 12.1% went even further, earning a master’s or doctorate.

Education level
Value Percent YoY change
No high school 496 1.9% 10.7%
High school diploma 8,085 31.2% 4.4%
College diploma 6,213 24% -6.7%
Associate degree 2,402 9.3% 2.1%
Bachelor's degree 5,557 21.5% -1.1%
Graduate degree 3,119 12.1% 10.3%
A community’s education mix can offer insights into the local economy and housing market. Higher levels of education often align with more job opportunities and stable incomes, which can increase demand for homes and influence both rent prices and rental availability.

Income in Sherwood

How much people earn in Sherwood

The average annual household income in Sherwood was $95,030 in 2024, the most recent annual data available, according to the U.S. Census Bureau. This marked a +1% change from the previous year. At the same time, the median income stood at $81,328, reflecting a +2.7% shift over the same period.

Average household income in Sherwood
$95,030/year
1.0% year-over-year change
Median household income in Sherwood
$81,328/year
2.7% year-over-year change

Sherwood income by age

In Sherwood, households led by residents aged 25 to 44 — usually in the early to mid stages of their careers — have a median income of $85,131. Those with someone between 45 and 64 in charge, often well established professionally, earn $91,864 overall. Younger households, where the main provider is under 25 and just starting out, report a median income of $58,942, while those led by someone over 65, many of whom may be retired, have about $63,284 in earnings. Overall, 90.9% of the locals in this community live above the poverty line.

Income breakdown by age
Value YoY change
Under 25 $58,942 3.3%
25 - 44 $85,131 3.4%
45 - 64 $91,864 4.3%
Over 65 $63,284 -2.2%
Above poverty level
29,822
Below poverty level
2,973
Value Percent YoY
change
Above poverty level 29,822 90.9% 1.1%
Below poverty level 2,973 9.1% -4.3%

Average renter income in Sherwood

To get a better sense of what renters earn on average in Sherwood, their median household income was $46,198 according to 2022 Census data. In addition, the rent-to-income ratio in the area, at 28.6%, shows what portion of their earnings goes toward housing expenses.

Renter median household income
$46,198
Rent-to-income ratio
28.6%
Understanding the rent-to-income ratio can help renters gauge if local housing costs align with their earnings. A ratio under 30% usually signals affordability, while exceeding this mark means rent is taking a larger-than-recommended bite out of income. That could make it harder for you to cover other costs like transportation, healthcare, or child care.

Employment in Sherwood

Workforce and job types in Sherwood

The job market in Sherwood is powered by 16,555 working residents, spread across a range of industries and roles. 82.8% of the working population are employed in professional or administrative positions, while 17.2% are in hands-on or service-based jobs. Also, 5.3% run their own businesses, 62.3% are employed by private companies, and 22.7% work in the public sector.

Workforce demographics

Working population
16,555
5.5% year-over-year change
White collar
13,715
Blue collar
2,840
Value Percent YoY change
White collar 13,715 82.8% 5.8%
Blue collar 2,840 17.2% 4.4%
Employer type
Self employees
5.3%
Private companies
62.3%
Governmental workers
22.7%
Not for profit companies
9.6%
Value Percent YoY change
Self employees 882 5.3% -4.8%
Private companies 10,316 62.3% 1.4%
Governmental workers 3,761 22.7% 15.2%
Not for profit companies 1,596 9.6% 20.6%
Unemployment rate
2.9%
6.2% year-over-year change

Available workforce

The unemployment rate in Sherwood stands at 2.9%, representing the share of the workforce currently without a job and actively looking for one.

For renters, the unemployment rate helps paint a picture of job security and financial stability in the area. Rates around 4% to 5% are considered typical. A lower-than-average rate might suggest strong job prospects and a thriving local economy, while a higher rate could hint at fewer opportunities—both useful to consider when planning a move.

Transportation in Sherwood

How people get around in Sherwood

In Sherwood, the average commute time is 24 minutes. Commuting methods vary: 86.1% of residents travel by personal vehicle and 0.5% prefer to walk, while the remaining share relies on public transit or on two wheelers to get from A to B.

Commute time
24 min
-4.0% year-over-year change
Means of transportation
Value Percent YoY change
Car 14,334 86.1% 3.1%
Motorcycle 38 0.2% -41.5%
Bicycle 8 0% -72.4%
Walk 80 0.5% 29.0%
Understanding how locals get to work can help you plan your own routine. High car usage might mean you’ll need a vehicle, while strong public transit or walkability could save you the hassle. Commute times also play a big role in quality of life—shorter trips can give you more time for the things you enjoy.

What is the median and average household income in Sherwood by zipcode?

Zipcode Population Number of households Median income Average income
72120 34,365 14,717 $76,598 $95,315

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FAQs about Sherwood demographics 

What is the total population of Sherwood?

Sherwood has a total population of 33,070 residents, according to the latest release from the U.S. Census Bureau: the 2019-2023 American Community Survey (ACS) 5-year estimates. This figure changed by +0.5% compared to a year ago.

What is the gender ratio in Sherwood?

The gender ratio in Sherwood is as follows:
  • 49.1% males (16,246 residents)
  • 50.9% females (16,824 residents)

What is the median age in Sherwood?

The median age in Sherwood is 39.9.

What is the age distribution of the population in Sherwood?

The age distribution in Sherwood is as follows:
  • Under 15: 17.2% (5,705 residents)
  • Ages 15-24: 12.8% (4,228 residents)
  • Ages 25-44: 26.6% (8,814 residents)
  • Ages 45-64: 25.6% (8,449 residents)
  • Over 65: 17.8% (5,874 residents)

What is the racial and ethnic makeup of Sherwood?

The racial and ethnic makeup of Sherwood is as follows:
  • White: 62.1% (20,526 residents)
  • Black or African American: 29.5% (9,750 residents)
  • American Indian and Alaska Native: 0.1% (34 residents)
  • Asian: 1.7% (559 residents)
  • Native Hawaiian and Other Pacific Islander: 0% (0 residents)
  • Two or More Races: 4.9% (1,628 residents)
  • Other: 1.7% (573 residents)

What percentage of the population in Sherwood are U.S.-born citizens?

U.S.-born citizens represent 95.9% of the population in Sherwood.

How many housing units are there in Sherwood?

There are 15,030 housing units in Sherwood, reflecting a +0.8% change compared to the previous year, according to the latest data from the U.S. Census Bureau.

How many households are in Sherwood and what is the average household size?

Sherwood has a total of 14,077 households, with an average of 2 people in each.

What is the median household income in Sherwood?

Sherwood has a median household income of $81,328, representing a +2.7% shift from the previous year, according to the U.S. Census Bureau.

What is the employment rate and job market overview for Sherwood?

The employment rate is 97.1% in Sherwood, with a workforce of 16,555 residents. Here’s a detailed breakdown of the local job market:

Job types:
  • White-collar workers: 82.8% (13,715 residents)
  • Blue-collar workers: 17.2% (2,840 residents)

Places of employment:
  • Self-employed: 5.3% (882 residents)
  • Private companies: 62.3% (10,316 residents)
  • Governmental workers: 22.7% (3,761 residents)
  • Not-for-profit companies: 9.6% (1,596 residents)

Data source & methodology

The demographic data on this page was sourced from the latest U.S. Census Bureau release—the 2019–2023 American Community Survey (ACS) 5-year estimates.

The information, issued annually, is compiled and published by the Point2Homes Research Team as soon as new data becomes available.

No representation, guarantee, or warranty is made concerning the accuracy or completeness of modified or aggregated information for particular areas.

Page last updated: September 2025