Sherwood, AR
Population 32,915 · Arkansas
About Sherwood, AR
Sherwood is a mid-sized city in Arkansas with a population of 32,915 residents. The median household income is $79,157 per year, which is above the national average. The median age in Sherwood is 39.9 years.
Housing in Sherwood has a median home value of $190,900 and median monthly rent of $1,011. Of the 14,911 total housing units, the majority are owner-occupied, with 9,784 owner-occupied and 3,980 renter-occupied units.
The unemployment rate in Sherwood is 2.9% and the poverty rate is 9.5%. 34.5% of residents hold a bachelor's degree or higher. The average commute time is 25.1 minutes.
How Sherwood Ranks in Arkansas
Cost of Living in Sherwood, AR
Compared to national averages, Sherwood has a median household income of $79,157 (5% above the national median of $75,149). Home values average $190,900, which is 22% below the national median. Monthly rent at $1,011 is 13% below the US average of $1,163. Within Arkansas, Sherwood's income is 52% above the state average of $52,241, and home values are 52% above the state median of $125,457.
Why Live in Sherwood, AR?
Sherwood offers a strong local economy with a median household income of $79,157, well above the national average, and affordable housing with a median home value of $190,900, below the US average of $244,900, and rent that’s lower than the national average at $1,011/month. Additionally, the city features a strong job market with an unemployment rate of just 2.9%, and a well-educated community where 34.5% of residents hold a bachelor’s degree or higher, and a low poverty rate of 9.5%, better than the national average.
Sherwood has a population of 32,915 with a median age of 39.9 years. Compare Sherwood with other cities to see how it stacks up, or explore all cities in Arkansas.
Similar Cities Near Sherwood
Cities in Arkansas with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Bella Vista | 30,935 | $85,932 | $262,400 | Compare |
| Paragould | 29,940 | $56,181 | $175,400 | Compare |
| Benton | 35,954 | $69,638 | $199,400 | Compare |
| Texarkana | 29,343 | $47,930 | $162,700 | Compare |
| Jacksonville | 29,285 | $46,947 | $155,300 | Compare |
| Russellville | 29,057 | $48,708 | $166,500 | Compare |
| Hot Springs | 38,023 | $46,441 | $156,900 | Compare |
| Cabot | 26,733 | $72,656 | $197,000 | Compare |
Demographics
Racial & Ethnic Composition
Economy & Education
Housing
Other Cities in Arkansas
Data source: US Census Bureau ACS 5-Year Estimates. Last updated: 2026-04-05.
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Frequently Asked Questions about Sherwood
What is the population of Sherwood, AR?
The population of Sherwood, AR is 32,915 according to the latest Census data.
What is the median household income in Sherwood?
The median household income in Sherwood, AR is $79,157 per year.
What is the median home value in Sherwood?
The median home value in Sherwood, AR is $190,900.
What is the average rent in Sherwood?
The median monthly rent in Sherwood, AR is $1,011.
What is the unemployment rate in Sherwood?
The unemployment rate in Sherwood, AR is 2.9%.