Living in Sherwood, Oregon
Cost of living, income, home prices, rent and demographics of Sherwood · Census data 2020–2024
Sherwood has 20,307 residents with a median age of 36.7. The median household income is $109,966 (32% higher than the Oregon median), the median home value is $602,100, the median rent is $2,131/month.
Sherwood at a glance
- Population
- 20,307
- Median age
- 36.7State: 40.4
- Median household income
- $109,966State: $83,011
- Median home value
- $602,100State: $477,600
- Median rent
- $2,131/moState: $1,525
- Homeowners
- 72.3%
- Bachelor's degree or higher
- 49.9%
- Average commute
- 24 min
Is Sherwood a good place to live?
Pros: Median household income 32% higher than the Oregon median; unemployment of 3.5%; a poverty rate of 4.3%.
Cons: Home values 26% higher than the state median; an average commute of 24 minutes.
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 $602,100, 81% higher than the U.S. median. Renters pay a median of $2,131 per month, which is 31.3% of household income. Homeowners with a mortgage pay $2,576 a month in housing costs.
Sherwood median household income
The median household income in Sherwood is $109,966 and the income per person is $49,988. 4.3% of residents live below the poverty line (Oregon: 11.9%).
Housing in Sherwood: homes for sale and rent
- Housing units
- 7,055
- Owner-occupied
- 72.3%
- Renter-occupied
- 27.7%
- Vacant
- 1%Includes seasonal homes
- Median year built
- 1997
- Average household size
- 2.88
Sherwood demographics
- Population
- 20,307
- Median age
- 36.7
- Under 18
- 28.9%
- 65 and older
- 10.9%
- Households
- 6,985
- Foreign-born
- 7.4%
- Veterans
- 6.2%Adults 18+
Hispanic or Latino can be of any race. Population history of Sherwood ›
Education in Sherwood
49.9% of adults 25 and older in Sherwood have a bachelor's degree or higher (Oregon: 36.8%), and 17.1% have a graduate or professional degree.
Jobs and commute in Sherwood
- Unemployment rate
- 3.5%State: 5.4%
- Average commute
- 24 minState: 23 min
- Work from home
- 26.2%
- Drive alone
- 64.4%
- Public transit
- 0.2%
- Walk to work
- 1.7%
- Homes with broadband
- 94.5%
Sherwood vs nearby towns
| Town | Population | Median income | Home value | Rent |
|---|---|---|---|---|
| Sherwood | 20,307 | $109,966 | $602,100 | $2,131 |
| King City | 5,073 | $63,684 | $423,700 | $1,781 |
| Tualatin | 27,763 | $104,043 | $628,200 | $1,806 |
| Bull Mountain | 9,865 | $165,426 | $696,600 | $1,931 |
| Durham | 1,983 | $81,250 | $759,600 | $1,565 |
| Wilsonville | 26,974 | $96,236 | $615,300 | $1,878 |
| Tigard | 56,011 | $108,823 | $610,500 | $1,782 |
| Rivergrove | 657 | $212,898 | $902,300 | $3,501 |
| Newberg | 26,066 | $93,232 | $472,100 | $1,713 |
More for people moving to Sherwood
Sherwood ZIP code ›Weather and climate ›Living in Sherwood: FAQ
What is the median household income in Sherwood, OR?
The median household income in Sherwood is $109,966, 32% higher than the Oregon median of $83,011 (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 $602,100, compared with $477,600 in Oregon.
How much is rent in Sherwood?
The median gross rent in Sherwood is $2,131 per month, about 31.3% of household income.
Is Sherwood, OR a good place to live?
Pluses: median household income 32% higher than the Oregon median; unemployment of 3.5%; a poverty rate of 4.3%. Minuses: home values 26% higher than the state median; an average commute of 24 minutes.
What is the median age in Sherwood?
The median age in Sherwood is 36.7 years (Oregon: 40.4).
How long is the commute in Sherwood?
The average commute to work in Sherwood is 24 minutes; 26.2% of workers work from home.
What is the unemployment rate in Sherwood?
The unemployment rate in Sherwood is 3.5% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is Sherwood?
49.9% 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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