Sherwood, WI
Population 3,231 · Wisconsin
About Sherwood, WI
Sherwood is a small town located in Wisconsin with a population of 3,231 residents according to the latest US Census Bureau American Community Survey data. The median household income is $114,205 per year, which is 52% above the national median of $75,149. The median age of 43.9 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 $335,100, which is 37% above the national median of $244,900. This positions Sherwood in a moderately priced market relative to the rest of the country. Median monthly rent is $1,208, 4% above the national average of $1,163/month. Of the 1,244 total housing units, 97% are owner-occupied (1,181 units) and 3% are renter-occupied (35 units). The high homeownership rate suggests a stable, established residential community.
Economy & Employment
The local economy in Sherwood shows an unemployment rate of 0.8%, which is lower than the national rate of 3.7%, indicating a relatively strong job market. The poverty rate stands at 3.1%, below the national average of 12.4%, reflecting generally favorable economic conditions. Workers in Sherwood have an average one-way commute time of 27 minutes.
Education & Demographics
48.1% of 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 1.9% White, 1.2% Hispanic or Latino, 0.0% Black or African American, and 0.0% Asian residents, with 0.7% of the population being foreign-born.
How Sherwood Ranks in Wisconsin
Cost of Living in Sherwood, WI
Compared to national averages, Sherwood has a median household income of $114,205 (52% above the national median of $75,149). Home values average $335,100, which is 37% above the national median. Monthly rent at $1,208 is 4% above the US average of $1,163. Within Wisconsin, Sherwood's income is 57% above the state average of $72,579, and home values are 63% above the state median of $205,802.
Why Live in Sherwood, WI?
Sherwood offers a strong local economy with a median household income of $114,205, well above the national average, and a strong job market with an unemployment rate of just 0.8%, and a well-educated community where 48.1% of residents hold a bachelor’s degree or higher. Additionally, the city features a low poverty rate of 3.1%, better than the national average.
Sherwood has a population of 3,231 with a median age of 43.9 years. Compare Sherwood with other cities to see how it stacks up, or explore all cities in Wisconsin.
Similar Cities Near Sherwood
Cities in Wisconsin with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Yorkville | 3,237 | $109,643 | $360,100 | Compare |
| Algoma | 3,219 | $62,269 | $143,000 | Compare |
| Howards Grove | 3,245 | $72,348 | $249,200 | Compare |
| Lodi | 3,206 | $109,821 | $286,500 | Compare |
| Brodhead | 3,205 | $49,531 | $167,600 | Compare |
| Boscobel | 3,263 | $52,457 | $130,700 | Compare |
| Thiensville | 3,277 | $93,208 | $342,800 | Compare |
| Hortonville | 3,180 | $90,446 | $231,700 | Compare |
Demographics
Racial & Ethnic Composition
Economy & Education
Housing
Other Cities in Wisconsin
Data source: US Census Bureau ACS 5-Year Estimates. Last updated: 2026-04-05.
Compare Sherwood With Other Cities
Frequently Asked Questions about Sherwood
What is the population of Sherwood, WI?
The population of Sherwood, WI is 3,231 according to the latest US Census Bureau American Community Survey estimates. This makes it a small town in Wisconsin.
What is the median household income in Sherwood?
The median household income in Sherwood, WI is $114,205 per year, which is 52% above the national median of $75,149.
What is the median home value in Sherwood?
The median home value in Sherwood, WI is $335,100, which is 37% above 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, WI is $1,208, which is 4% above the national average of $1,163/month.
What is the unemployment rate in Sherwood?
The unemployment rate in Sherwood, WI is 0.8%, compared to the national average of 3.7%. This lower-than-average rate suggests a relatively healthy local job market.
Is Sherwood, WI a good place to live?
Sherwood offers above-average incomes, a competitive housing market, and a strong job market. With a population of 3,231 and a median age of 43.9, the city appeals to a broad range of residents.
How educated is Sherwood, WI?
48.1% of residents in 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 Sherwood?
Key cost-of-living indicators for Sherwood, WI: median home value is $335,100 (37% above national), median rent is $1,208/month, and median household income is $114,205. The home-value-to-income ratio is 2.9x, indicating relatively affordable housing relative to local incomes.
What is the poverty rate in Sherwood?
The poverty rate in Sherwood, WI is 3.1%, 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, WI?
Sherwood's population is 1.9% White, 1.2% Hispanic or Latino, 0.0% Black or African American, 0.0% Asian, and 0.1% two or more races. 0.7% of residents are foreign-born.