Living in Sherwood, North Dakota
Cost of living, income, home prices, rent and demographics of Sherwood · Census data 2020–2024
Sherwood has 244 residents with a median age of 57.5. The median household income is $48,500 (37% lower than the North Dakota median), the median home value is $47,500, the median rent is $445/month.
Sherwood is a small town, so Census survey estimates have wide margins of error. Treat percentages as approximate.
Sherwood at a glance
- Population
- 244
- Median age
- 57.5State: 35.9
- Median household income
- $48,500State: $76,657
- Median home value
- $47,500State: $249,900
- Median rent
- $445/moState: $954
- Homeowners
- 65.6%
- Bachelor's degree or higher
- 25%
- Average commute
- 31 min
Is Sherwood a good place to live?
Pros: Home values 81% lower than the state median.
Cons: Median household income 37% lower than the North Dakota median; an average commute of 31 minutes; a poverty rate of 20.1%.
The weather is best in June to September.
Cost of living in Sherwood
Housing is the biggest part of the cost of living. In Sherwood the median home value is $47,500, 86% lower than the U.S. median. Renters pay a median of $445 per month, which is 27.1% of household income. Homeowners with a mortgage pay $1,125 a month in housing costs.
Sherwood median household income
The median household income in Sherwood is $48,500 and the income per person is $29,624. 20.1% of residents live below the poverty line (North Dakota: 10.8%).
Housing in Sherwood: homes for sale and rent
- Housing units
- 165
- Owner-occupied
- 65.6%
- Renter-occupied
- 34.4%
- Vacant
- 26.1%Includes seasonal homes
- Median year built
- 1971
- Average household size
- 2.00
Sherwood demographics
- Population
- 244
- Median age
- 57.5
- Under 18
- 15.6%
- 65 and older
- 32.8%
- Households
- 122
- Foreign-born
- 1.6%
- Veterans
- 9.2%Adults 18+
Hispanic or Latino can be of any race. Population history of Sherwood ›
Education in Sherwood
25% of adults 25 and older in Sherwood have a bachelor's degree or higher (North Dakota: 32.7%), and 4.3% have a graduate or professional degree.
Jobs and commute in Sherwood
- Unemployment rate
- 0%State: 2.8%
- Average commute
- 31 minState: 18 min
- Work from home
- 4.3%
- Drive alone
- 79.8%
- Public transit
- 0%
- Walk to work
- 1.1%
- Homes with broadband
- 82%
Sherwood vs nearby towns
| Town | Population | Median income | Home value | Rent |
|---|---|---|---|---|
| Sherwood | 244 | $48,500 | $47,500 | $445 |
| Mohall | 634 | $61,250 | $168,500 | $644 |
| Lansford | 216 | $72,500 | $156,300 | $860 |
| Westhope | 435 | $69,479 | $102,800 | $596 |
| Kenmare | 1,002 | $64,077 | $115,500 | $768 |
| Bowbells | 355 | $66,250 | $104,200 | $600 |
| Carpio | 184 | $68,750 | $130,600 | $1,000 |
| Glenburn | 461 | $80,000 | $178,300 | $1,326 |
| Minot AFB | 4,878 | $62,500 | — | $1,431 |
More for people moving to Sherwood
Sherwood ZIP code ›Weather and climate ›Living in Sherwood: FAQ
What is the median household income in Sherwood, ND?
The median household income in Sherwood is $48,500, 37% lower than the North Dakota median of $76,657 (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 $47,500, compared with $249,900 in North Dakota.
How much is rent in Sherwood?
The median gross rent in Sherwood is $445 per month, about 27.1% of household income.
Is Sherwood, ND a good place to live?
Pluses: home values 81% lower than the state median. Minuses: median household income 37% lower than the North Dakota median; an average commute of 31 minutes; a poverty rate of 20.1%.
What is the median age in Sherwood?
The median age in Sherwood is 57.5 years (North Dakota: 35.9).
How long is the commute in Sherwood?
The average commute to work in Sherwood is 31 minutes; 4.3% of workers work from home.
What is the unemployment rate in Sherwood?
The unemployment rate in Sherwood is 0% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is Sherwood?
25% 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.
Last updated: