Sherwood, Michigan

US Census Bureau ACS 5-Year Estimates ยท 2022

MI

Sherwood Demographics Overview

Total Population
448
ACS 2022 estimate
Median Household Income
$53,092
Annual household income
โ–ผ 29% vs US avg
Median Home Value
$65,000
Owner-occupied homes
โ–ผ 77% vs US avg
Median Gross Rent
$825
Monthly rent (incl. utilities)
โ–ผ 29% vs US avg
Median Age
34.3 years
Median age of residents
โ–ผ 12% vs US avg

Income & Economy

Median Household Income
$53,092
US avg: $74,580
vs. National Median-28.8%

Housing

Median Home Value
$65,000
US avg: $281,900
Median Gross Rent
$825/mo
US avg: $1,163/mo
Rent vs. National Avg-29.1%

Population

Total Population448
Median Age
34.3 years
US avg: 38.9 yrs

Data Source

Data for Sherwood comes from the US Census Bureau American Community Survey (ACS) 5-Year Estimates, covering the period 2018โ€“2022.

The ACS 5-Year estimates provide the most reliable demographic statistics available, especially for smaller communities, by pooling 5 years of survey data.

Learn more about the ACS โ†’

Sherwood, MI โ€” Frequently Asked Questions

Common questions about Sherwood demographics

What is the population of Sherwood, Michigan?

According to the US Census Bureau ACS 5-Year Estimates (2022), the population of Sherwood, Michigan is 448.

What is the median household income in Sherwood?

The median household income in Sherwood, Michigan is $53,092 per year, according to the 2022 ACS 5-Year Estimates. The US national median household income is approximately $74,580.

What is the cost of living in Sherwood?

Key cost indicators for Sherwood, Michigan:. Median home value: $65,000. Median gross rent: $825/month. Median household income: $53,092/year

What is the median home value in Sherwood?

The median home value in Sherwood, Michigan is $65,000, compared to the national median of approximately $281,900.

What is the average age in Sherwood?

The median age in Sherwood, Michigan is 34.3 years, compared to the US national median age of approximately 38.9 years.

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Sherwood, MI Demographics - Population, Income & Housing (2022)