Sherwood, MI demographics:
population, income, and more
Sherwood population
How many people live in Sherwood
Sherwood is home to 388 residents, according to the most recent Census data. Gender-wise, 43.6% of Sherwood locals are male, and 56.4% are female.
Age demographics
The median age in Sherwood is 34, with the population distributed as follows: about 13.9% are children under 15, then 23.4% are in the 15 to 24 age group. Adults between 25 and 44 make up 28.6% of the population, while another 22.7% fall into the 45 to 64 bracket. Finally, around 11.3% are 65 or older.
Racial makeup
There’s also a share of 4.1% that includes residents with two or more races.
Households in Sherwood
A peek inside Sherwood households
Sherwood has 120 households, with an average of 3 members in each. Of these, 72.5% are families, while the remaining 27.5% are made up of individuals living alone or with non-relatives, such as roommates.
Households stats
Housing in Sherwood
The housing landscape of Sherwood
Sherwood's housing consists of 127 units, with 91.3% being detached single-family homes ideal for those wanting space. Then there are the multifamily buildings in the area, and for those seeking flexibility, non-traditional options like mobile homes account for 8.7% of the housing landscape.
The age of buildings in Sherwood
In Sherwood, the median construction year is 1938. About 61.4% of homes were built before the 1940s, with another 16.5% going up by 1949. Most development happened in the second half of the 20th century.
Sherwood occupancy rates
Out of the 120 occupied housing units in Sherwood, 82.5% are owner-occupied, while 17.5% are lived in by tenants. Meanwhile, 5.5% of all homes on the local market sit vacant.
Sherwood housing costs
Housing costs in Sherwood come to a median of $620 per month, while tenants specifically pay a median gross rent of $838.
Education in Sherwood
Sherwood education at a glance
About 68.3% of the population in Sherwood went to high school, while 20.3% pursued college studies. Another 5.3% earned an associate degree and 3.2% hold a bachelor’s. Meanwhile, 1.1% went even further, earning a master’s or doctorate.
Income in Sherwood
How much people earn in Sherwood
The average annual household income in Sherwood was $76,178 in 2024, the most recent annual data available, according to the U.S. Census Bureau. This marked a +16.1% change from the previous year. At the same time, the median income stood at $58,750, reflecting a +3.7% shift over the same period.
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 $57,105. Those with someone between 45 and 64 in charge, often well established professionally, earn $92,500 overall. Overall, 91.9% of the locals in this community live above the poverty line.
Average renter income in Sherwood
To get a better sense of what renters earn on average in Sherwood, their median household income was $41,250 according to 2022 Census data. In addition, the rent-to-income ratio in the area, at 24.4%, shows what portion of their earnings goes toward housing expenses.
Employment in Sherwood
Workforce and job types in Sherwood
The job market in Sherwood is powered by 119 working residents, spread across a range of industries and roles. 68.9% of the working population are employed in professional or administrative positions, while 31.1% are in hands-on or service-based jobs. Also, 2.5% run their own businesses, 83.2% are employed by private companies, and 11.8% work in the public sector.
Workforce demographics
Available workforce
The unemployment rate in Sherwood stands at 12.5%, representing the share of the workforce currently without a job and actively looking for one.
Transportation in Sherwood
How people get around in Sherwood
What is the median and average household income in Sherwood by zipcode?
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FAQs about Sherwood demographics
What is the total population of Sherwood?
What is the gender ratio in Sherwood?
- 43.6% males (169 residents)
- 56.4% females (219 residents)
What is the median age in Sherwood?
What is the age distribution of the population in Sherwood?
- Under 15: 13.9% (54 residents)
- Ages 15-24: 23.4% (91 residents)
- Ages 25-44: 28.6% (111 residents)
- Ages 45-64: 22.7% (88 residents)
- Over 65: 11.3% (44 residents)
What is the racial and ethnic makeup of Sherwood?
- White: 92.3% (358 residents)
- Black or African American: 0% (0 residents)
- American Indian and Alaska Native: 0.3% (1 residents)
- Asian: 0.3% (1 residents)
- Native Hawaiian and Other Pacific Islander: 0% (0 residents)
- Two or More Races: 4.1% (16 residents)
- Other: 3.1% (12 residents)
What percentage of the population in Sherwood are U.S.-born citizens?
How many housing units are there in Sherwood?
How many households are in Sherwood and what is the average household size?
What is the median household income in Sherwood?
What is the employment rate and job market overview for Sherwood?
Job types:
- White-collar workers: 68.9% (82 residents)
- Blue-collar workers: 31.1% (37 residents)
Places of employment:
- Self-employed: 2.5% (3 residents)
- Private companies: 83.2% (99 residents)
- Governmental workers: 11.8% (14 residents)
- Not-for-profit companies: 2.5% (3 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.