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The total population of Sherwood township is estimated to be 2,412 with 1,079 males (44.73%) and 1,333 females (55.27%). There are 254 more females than males in Sherwood township.
The median household income in Sherwood township was $56,207 in 2021, which marked an an increase of 5,531(10.91%) from $50,676 in 2020. This income is 75.34% 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 township sees its highest median household income among householders in the age group of 45 to 64 years old, at $65,411. Overall, the median household income for the township of Sherwood township stands at $56,207.
In Sherwood township, the median income for all workers aged 15 years and older, regardless of work hours, was $43,308 for males and $23,240 for females. However, when specifically considering full-time, year-round workers within the same age group, the median income was $47,560 for males and $39,838 for females.
In Sherwood township, there are just two different racial groups among households. Among these, Two or More Races households report a median household income of $119,239, while White households have a median household income of $55,898.
In 2022, the population of Sherwood township was 1,978, a 0.00% decrease year-by-year from 2021. Previously, in 2021, Sherwood township's population was 1,978, an increase of 0.87% compared to a population of 1,961 in 2020.
The median age in Sherwood Township, Michigan is 45.3, as per 2021 ACS 5-Year Estimates. Of the total population, 18.87% were under the age of 15, 16.96% aged 15 to 29, 45.75% aged 30 to 64, 17.85% aged 65 to 84, and 0.58% were 85 years of age and older.
Racial distribution of Sherwood township population: 94.93% are White, 0.31% are American Indian and Alaska Native, 0.62% are some other race and 4.14% are multiracial.