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Sherwood, MI
Full City Profile · Michigan · Branch County County
Sherwood, MI
At a Glance
How Sherwood Compares to the U.S. Average
Each bar shows Sherwood's value as a percentage of the national average (100% = U.S. avg)
Is Sherwood a Good Place to Live?
Economy & Jobs
Sherwood residents earn a median household income of $56,645 , which is 25% below the national average of $75,149. Per capita income is $23,490. The unemployment rate stands at 5.2% (44% above the U.S. rate of 3.6%). 15.9% of residents live below the poverty line. The area is home to 869 business establishments, including 82 restaurants.
Housing & Cost of Living
The median home value in Sherwood is $72,500 , 74% below the national median of $281,900. Zillow estimates the typical home at $146,480. Median rent is $738/month, with 22.5% of renters spending more than 30% of income on housing. The cost of living index is 96.2 (100 = national average). The median home was built in 1938.
Safety & Crime
Sherwood reports 0 violent crimes per 100,000 residents , which is 100% below the national average of 380/100K. Property crime is 3,265/100K.
Education
3.3% of adults in Sherwood hold a bachelor's degree or higher (90% below the national average). 75.1% have completed high school. Local schools score 4.9/10 in standardized testing.
Climate & Weather
Sherwood has an average annual temperature of 48°F (9°C). Winters average 23°F in January while summers reach 72°F in July. The area gets 275 sunny days per year. Annual precipitation totals 38.8 inches. Air quality is rated Good with a median AQI of 38.