Sherrelwood, CO
Population 19,368 · Colorado
About Sherrelwood, CO
Sherrelwood is a mid-sized city located in Colorado with a population of 19,368 residents according to the latest US Census Bureau American Community Survey data. The median household income is $73,849 per year, which is 2% below the national median of $75,149. The median age of 32.2 years is notably younger the US median age of 38.9 years, indicating a younger, often more dynamic population base.
Housing Market Overview
The housing market in Sherrelwood features a median home value of $412,200, which is 68% above the national median of $244,900. This places Sherrelwood in a higher-cost housing market, where property demand often outpaces supply. Median monthly rent is $1,627, 40% above the national average of $1,163/month. Of the 6,568 total housing units, 70% are owner-occupied (4,398 units) and 30% are renter-occupied (1,916 units). The high homeownership rate suggests a stable, established residential community.
Economy & Employment
The local economy in Sherrelwood shows an unemployment rate of 4.4%, which is near the national rate of 3.7%. The poverty rate stands at 10.3%, below the national average of 12.4%, reflecting generally favorable economic conditions. Workers in Sherrelwood have an average one-way commute time of 29.5 minutes.
Education & Demographics
15.5% of Sherrelwood residents aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. The lower educational attainment rate may reflect the area's industry mix, with more employment in trades, manufacturing, or agricultural sectors. The community's demographic composition includes 55.4% White, 6.2% Hispanic or Latino, 0.6% Black or African American, and 9.1% Asian residents, with 17.3% of the population being foreign-born.
How Sherrelwood Ranks in Colorado
Cost of Living in Sherrelwood, CO
Compared to national averages, Sherrelwood has a median household income of $73,849 (2% below the national median of $75,149). Home values average $412,200, which is 68% above the national median. Monthly rent at $1,627 is 40% above the US average of $1,163. Within Colorado, Sherrelwood's income is 17% below the state average of $88,514, and home values are 10% below the state median of $457,127.
Why Live in Sherrelwood, CO?
Sherrelwood offers a low poverty rate of 10.3%, better than the national average.
Potential considerations include median household income ($73,849) that falls below the national average, and a competitive housing market where the typical home costs $412,200. However, Sherrelwood’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Sherrelwood has a population of 19,368 with a median age of 32.2 years. Compare Sherrelwood with other cities to see how it stacks up, or explore all cities in Colorado.
Similar Cities Near Sherrelwood
Cities in Colorado with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Durango | 19,257 | $79,545 | $609,700 | Compare |
| Clifton | 19,746 | $54,301 | $234,200 | Compare |
| Cimarron Hills | 18,808 | $75,853 | $333,300 | Compare |
| Fort Carson | 18,447 | $61,783 | $0 | Compare |
| Golden | 20,467 | $95,913 | $790,500 | Compare |
| Johnstown | 18,075 | $130,851 | $493,500 | Compare |
| Montrose | 20,703 | $63,177 | $359,000 | Compare |
| Louisville | 20,788 | $149,159 | $835,000 | Compare |
Demographics
Racial & Ethnic Composition
Economy & Education
Housing
Other Cities in Colorado
Data source: US Census Bureau ACS 5-Year Estimates. Last updated: 2026-04-05.
Compare Sherrelwood With Other Cities
Frequently Asked Questions about Sherrelwood
What is the population of Sherrelwood, CO?
The population of Sherrelwood, CO is 19,368 according to the latest US Census Bureau American Community Survey estimates. This makes it a mid-sized city in Colorado.
What is the median household income in Sherrelwood?
The median household income in Sherrelwood, CO is $73,849 per year, which is 2% below the national median of $75,149.
What is the median home value in Sherrelwood?
The median home value in Sherrelwood, CO is $412,200, which is 68% above the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Sherrelwood?
The median monthly rent in Sherrelwood, CO is $1,627, which is 40% above the national average of $1,163/month.
What is the unemployment rate in Sherrelwood?
The unemployment rate in Sherrelwood, CO is 4.4%, compared to the national average of 3.7%. Job seekers may want to research the dominant industries in the area.
Is Sherrelwood, CO a good place to live?
Sherrelwood offers a moderate cost of living, a competitive housing market, and growing employment opportunities. With a population of 19,368 and a median age of 32.2, the city appeals to young professionals and families.
How educated is Sherrelwood, CO?
15.5% of residents in Sherrelwood aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. The educational profile reflects the area's industry mix and employment landscape.
What is the cost of living in Sherrelwood?
Key cost-of-living indicators for Sherrelwood, CO: median home value is $412,200 (68% above national), median rent is $1,627/month, and median household income is $73,849. The home-value-to-income ratio is 5.6x, a moderate figure by national standards.
What is the poverty rate in Sherrelwood?
The poverty rate in Sherrelwood, CO is 10.3%, compared to the national average of 12.4%. This below-average poverty rate reflects generally favorable economic conditions in the community.
How diverse is Sherrelwood, CO?
Sherrelwood's population is 55.4% White, 6.2% Hispanic or Latino, 0.6% Black or African American, 9.1% Asian, and 0.7% two or more races. 17.3% of residents are foreign-born.