Lake Sherwood, CA
Population 1,515 · California
About Lake Sherwood, CA
Lake Sherwood is a small town located in California with a population of 1,515 residents according to the latest US Census Bureau American Community Survey data. The median household income is $244,239 per year, which is 225% above the national median of $75,149. The median age of 54 years is notably older the US median age of 38.9 years, suggesting a more established community with a higher proportion of long-term residents.
Housing Market Overview
The housing market in Lake Sherwood features a median home value of $2,000,001, which is 717% above the national median of $244,900. This places Lake Sherwood in a higher-cost housing market, where property demand often outpaces supply. Median monthly rent is $0, 100% below the national average of $1,163/month. Of the 664 total housing units, 88% are owner-occupied (508 units) and 12% are renter-occupied (68 units). The high homeownership rate suggests a stable, established residential community.
Economy & Employment
The local economy in Lake Sherwood shows an unemployment rate of 5.0%, which is near the national rate of 3.7%. The poverty rate stands at 2.4%, below the national average of 12.4%, reflecting generally favorable economic conditions. Workers in Lake Sherwood have an average one-way commute time of 25.6 minutes.
Education & Demographics
70.1% of Lake Sherwood residents aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. This significantly higher educational attainment rate often correlates with access to knowledge-economy jobs and higher household incomes. The community's demographic composition includes 6.2% White, 0.3% Hispanic or Latino, 0.0% Black or African American, and 0.8% Asian residents, with 14.1% of the population being foreign-born.
How Lake Sherwood Ranks in California
Cost of Living in Lake Sherwood, CA
Compared to national averages, Lake Sherwood has a median household income of $244,239 (225% above the national median of $75,149). Home values average $2,000,001, which is 717% above the national median. Monthly rent at $0 is 100% below the US average of $1,163. Within California, Lake Sherwood's income is 150% above the state average of $97,829, and home values are 206% above the state median of $653,874.
Why Live in Lake Sherwood, CA?
Lake Sherwood offers a strong local economy with a median household income of $244,239, well above the national average, and rent that’s lower than the national average at $0/month, and a well-educated community where 70.1% of residents hold a bachelor’s degree or higher. Additionally, the city features a low poverty rate of 2.4%, better than the national average.
Potential considerations include a competitive housing market where the typical home costs $2,000,001. However, Lake Sherwood’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Lake Sherwood has a population of 1,515 with a median age of 54 years. Compare Lake Sherwood with other cities to see how it stacks up, or explore all cities in California.
Similar Cities Near Lake Sherwood
Cities in California with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Cedar Ridge | 1,513 | $72,180 | $373,100 | Compare |
| Del Rey | 1,513 | $57,292 | $181,800 | Compare |
| Dunsmuir | 1,519 | $47,708 | $262,800 | Compare |
| Los Ranchos | 1,521 | $146,667 | $1,231,000 | Compare |
| Ferndale | 1,525 | $62,090 | $496,000 | Compare |
| Warm Springs | 1,502 | $75,114 | $321,400 | Compare |
| Monument Hills | 1,500 | $240,833 | $903,200 | Compare |
| Ahwahnee | 1,532 | $65,980 | $448,000 | Compare |
Demographics
Racial & Ethnic Composition
Economy & Education
Housing
Other Cities in California
Data source: US Census Bureau ACS 5-Year Estimates. Last updated: 2026-04-05.
Compare Lake Sherwood With Other Cities
Frequently Asked Questions about Lake Sherwood
What is the population of Lake Sherwood, CA?
The population of Lake Sherwood, CA is 1,515 according to the latest US Census Bureau American Community Survey estimates. This makes it a small town in California.
What is the median household income in Lake Sherwood?
The median household income in Lake Sherwood, CA is $244,239 per year, which is 225% above the national median of $75,149.
What is the median home value in Lake Sherwood?
The median home value in Lake Sherwood, CA is $2,000,001, which is 717% above the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Lake Sherwood?
The median monthly rent in Lake Sherwood, CA is $0, which is 100% below the national average of $1,163/month.
What is the unemployment rate in Lake Sherwood?
The unemployment rate in Lake Sherwood, CA is 5.0%, compared to the national average of 3.7%. Job seekers may want to research the dominant industries in the area.
Is Lake Sherwood, CA a good place to live?
Lake Sherwood offers above-average incomes, a competitive housing market, and growing employment opportunities. With a population of 1,515 and a median age of 54, the city appeals to established professionals and retirees.
How educated is Lake Sherwood, CA?
70.1% of residents in Lake Sherwood aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. This above-average educational attainment often reflects a knowledge-based local economy.
What is the cost of living in Lake Sherwood?
Key cost-of-living indicators for Lake Sherwood, CA: median home value is $2,000,001 (717% above national), median rent is $0/month, and median household income is $244,239. The home-value-to-income ratio is 8.2x, which suggests housing may be stretched relative to local earnings.
What is the poverty rate in Lake Sherwood?
The poverty rate in Lake Sherwood, CA is 2.4%, compared to the national average of 12.4%. This below-average poverty rate reflects generally favorable economic conditions in the community.
How diverse is Lake Sherwood, CA?
Lake Sherwood's population is 6.2% White, 0.3% Hispanic or Latino, 0.0% Black or African American, 0.8% Asian, and 0.0% two or more races. 14.1% of residents are foreign-born.