Sherwood, MI Demographics

The total population of Sherwood is estimated to be 448 with 190 males (42.41%) and 258 females (57.59%). There are 68 more females than males in Sherwood.
The median household income in Sherwood was $51,842 in 2021, which marked an an increase of 108(0.21%) from $51,734 in 2020. This income is 69.49% of the U.S. median household income of $74,606 (all incomes in 2022 inflation-adjusted dollars).
Per the latest American Community Survey by the Census Bureau, Sherwood sees its highest median household income among householders in the age group of 45 to 64 years old, at $59,675. Overall, the median household income for the village of Sherwood stands at $51,842.
In Sherwood, the median income for all workers aged 15 years and older, regardless of work hours, was $33,779 for males and $35,130 for females. However, when specifically considering full-time, year-round workers within the same age group, the median income was $42,635 for males and $40,534 for females.
In Sherwood, population is primarily represented by White households, reporting a median income of $51,415.
In 2022, the population of Sherwood was 286, a 0.69% decrease year-by-year from 2021. Previously, in 2021, Sherwood's population was 288, an increase of 1.41% compared to a population of 284 in 2020.
The median age in Sherwood, MI is 34.3, as per 2021 ACS 5-Year Estimates. Of the total population, 20.12% were under the age of 15, 27.10% aged 15 to 29, 45.79% aged 30 to 64, 6.98% aged 65 to 84, and 0.00% were 85 years of age and older.
Racial distribution of Sherwood population: 95.48% are White, 1.03% are American Indian and Alaska Native, 1.64% are some other race and 1.85% are multiracial.