Living in Sherwood, Arkansas
Cost of living, income, home prices, rent and demographics of Sherwood · Census data 2020–2024
Sherwood has 33,070 residents with a median age of 39.9. The median household income is $81,328 (34% higher than the Arkansas median), the median home value is $199,500, the median rent is $1,101/month.
Sherwood at a glance
- Population
- 33,070
- Median age
- 39.9State: 38.5
- Median household income
- $81,328State: $60,773
- Median home value
- $199,500State: $188,000
- Median rent
- $1,101/moState: $947
- Homeowners
- 70.8%
- Bachelor's degree or higher
- 36.3%
- Average commute
- 24 min
Is Sherwood a good place to live?
Pros: Median household income 34% higher than the Arkansas median; unemployment of 2.9%; a poverty rate of 9%.
Cons: Home values 6% higher than the state median; an average commute of 24 minutes.
The weather is best in April–May and September–October.
Cost of living in Sherwood
Housing is the biggest part of the cost of living. In Sherwood the median home value is $199,500, 40% lower than the U.S. median. Renters pay a median of $1,101 per month, which is 26.8% of household income. Homeowners with a mortgage pay $1,392 a month in housing costs.
Sherwood median household income
The median household income in Sherwood is $81,328 and the income per person is $40,739. 9% of residents live below the poverty line (Arkansas: 16%).
Housing in Sherwood: homes for sale and rent
- Housing units
- 15,030
- Owner-occupied
- 70.8%
- Renter-occupied
- 29.2%
- Vacant
- 6.3%Includes seasonal homes
- Median year built
- 1986
- Average household size
- 2.34
Sherwood demographics
- Population
- 33,070
- Median age
- 39.9
- Under 18
- 21.8%
- 65 and older
- 17.8%
- Households
- 14,077
- Foreign-born
- 2.8%
- Veterans
- 13.5%Adults 18+
Hispanic or Latino can be of any race. Population history of Sherwood ›
Education in Sherwood
36.3% of adults 25 and older in Sherwood have a bachelor's degree or higher (Arkansas: 25.7%), and 13.3% have a graduate or professional degree.
Jobs and commute in Sherwood
- Unemployment rate
- 2.9%State: 4.9%
- Average commute
- 24 minState: 23 min
- Work from home
- 12.5%
- Drive alone
- 80.4%
- Public transit
- 0%
- Walk to work
- 0.5%
- Homes with broadband
- 93.5%
Sherwood vs nearby towns
| Town | Population | Median income | Home value | Rent |
|---|---|---|---|---|
| Sherwood | 33,070 | $81,328 | $199,500 | $1,101 |
| Gibson | 4,167 | $66,496 | $157,800 | $1,197 |
| McAlmont | 1,088 | $34,696 | $209,900 | $950 |
| Jacksonville | 29,221 | $49,666 | $163,400 | $930 |
| North Little Rock | 64,538 | $52,707 | $178,900 | $1,069 |
| Cammack Village | 797 | $101,250 | $323,600 | $1,700 |
| Maumelle | 19,373 | $103,333 | $291,700 | $1,047 |
| Little Rock | 203,436 | $63,003 | $236,400 | $1,106 |
| Cabot | 26,960 | $75,000 | $207,300 | $1,110 |
More for people moving to Sherwood
Sherwood ZIP code ›Weather and climate ›Living in Sherwood: FAQ
What is the median household income in Sherwood, AR?
The median household income in Sherwood is $81,328, 34% higher than the Arkansas median of $60,773 (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
What is the average home price in Sherwood?
The median home value in Sherwood is $199,500, compared with $188,000 in Arkansas.
How much is rent in Sherwood?
The median gross rent in Sherwood is $1,101 per month, about 26.8% of household income.
Is Sherwood, AR a good place to live?
Pluses: median household income 34% higher than the Arkansas median; unemployment of 2.9%; a poverty rate of 9%. Minuses: home values 6% higher than the state median; an average commute of 24 minutes.
What is the median age in Sherwood?
The median age in Sherwood is 39.9 years (Arkansas: 38.5).
How long is the commute in Sherwood?
The average commute to work in Sherwood is 24 minutes; 12.5% of workers work from home.
What is the unemployment rate in Sherwood?
The unemployment rate in Sherwood is 2.9% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is Sherwood?
36.3% of adults in Sherwood have a bachelor's degree or higher.
Source: U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024 (margins of error apply, especially in small towns). Figures are in 2024 dollars.
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