Sherwood, ND
Population 213 · North Dakota
About Sherwood, ND
Sherwood is a small community located in North Dakota with a population of 213 residents according to the latest US Census Bureau American Community Survey data. The median household income is $58,438 per year, which is 22% below the national median of $75,149. The median age of 56.4 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 Sherwood features a median home value of $47,700, which is 81% below the national median of $244,900. This makes Sherwood one of the more affordable markets in the country, potentially attractive for first-time homebuyers. Median monthly rent is $458, 61% below the national average of $1,163/month. Of the 145 total housing units, 80% are owner-occupied (79 units) and 20% are renter-occupied (20 units). The high homeownership rate suggests a stable, established residential community.
Economy & Employment
The local economy in Sherwood shows an unemployment rate of 0.0%, which is lower than the national rate of 3.7%, indicating a relatively strong job market. The poverty rate stands at 12.0%, below the national average of 12.4%, reflecting generally favorable economic conditions. Workers in Sherwood have an average one-way commute time of 32.9 minutes.
Education & Demographics
32.1% of Sherwood residents aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. This is in line with national trends in educational attainment. The community's demographic composition includes 0.0% White, 0.5% Hispanic or Latino, 0.0% Black or African American, and 0.0% Asian residents, with 3.3% of the population being foreign-born.
How Sherwood Ranks in North Dakota
Cost of Living in Sherwood, ND
Compared to national averages, Sherwood has a median household income of $58,438 (22% below the national median of $75,149). Home values average $47,700, which is 81% below the national median. Monthly rent at $458 is 61% below the US average of $1,163. Within North Dakota, Sherwood's income is 20% below the state average of $72,691, and home values are 66% below the state median of $139,496.
Why Live in Sherwood, ND?
Sherwood offers affordable housing with a median home value of $47,700, below the US average of $244,900, and rent that’s lower than the national average at $458/month, and a strong job market with an unemployment rate of just 0.0%. Additionally, the city features a low poverty rate of 12.0%, better than the national average.
Potential considerations include median household income ($58,438) that falls below the national average. However, Sherwood’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Sherwood has a population of 213 with a median age of 56.4 years. Compare Sherwood with other cities to see how it stacks up, or explore all cities in North Dakota.
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Demographics
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Other Cities in North Dakota
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, ND?
The population of Sherwood, ND is 213 according to the latest US Census Bureau American Community Survey estimates. This makes it a small community in North Dakota.
What is the median household income in Sherwood?
The median household income in Sherwood, ND is $58,438 per year, which is 22% below the national median of $75,149.
What is the median home value in Sherwood?
The median home value in Sherwood, ND is $47,700, which is 81% below the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Sherwood?
The median monthly rent in Sherwood, ND is $458, which is 61% below the national average of $1,163/month.
What is the unemployment rate in Sherwood?
The unemployment rate in Sherwood, ND is 0.0%, compared to the national average of 3.7%. This lower-than-average rate suggests a relatively healthy local job market.
Is Sherwood, ND a good place to live?
Sherwood offers a moderate cost of living, affordable housing, and a strong job market. With a population of 213 and a median age of 56.4, the city appeals to established professionals and retirees.
How educated is Sherwood, ND?
32.1% of residents in Sherwood 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 Sherwood?
Key cost-of-living indicators for Sherwood, ND: median home value is $47,700 (81% below national), median rent is $458/month, and median household income is $58,438. The home-value-to-income ratio is 0.8x, indicating relatively affordable housing relative to local incomes.
What is the poverty rate in Sherwood?
The poverty rate in Sherwood, ND is 12.0%, compared to the national average of 12.4%. This below-average poverty rate reflects generally favorable economic conditions in the community.
How diverse is Sherwood, ND?
Sherwood's population is 0.0% White, 0.5% Hispanic or Latino, 0.0% Black or African American, 0.0% Asian, and 0.0% two or more races. 3.3% of residents are foreign-born.