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Sherwood, MI

Full City Profile · Michigan · Branch County County

3.0 /5.0
B Good
388 Population 388/sq mi density
$56,645 Median Income $23,490 per capita
$72,500 Home Value $146,480 Zillow
$738 Median Rent 22.5% income on rent
48°F Avg Temperature 275 sunny days/yr
B
Overall
3.0 / 5.0
Good overall score based on economy, affordability, safety and education
B
Economy
3.1 / 5.0
$56,645 median income, 5.2% unemployment
A+
Affordability
5.0 / 5.0
$72,500 home value, $738/mo rent
C+
Safety
2.5 / 5.0
0 violent crimes/100K
F
Education
1.3 / 5.0
3.3% bachelor's degree or higher

Top Industries in Sherwood (17)

County-level employment data (BLS QCEW). Sorted by employment.

Manufacturing
3,704 jobs 67 firms $61,240/yr
Retail Trade
1,739 jobs 118 firms $37,084/yr
Accommodation & Food Services
1,606 jobs 75 firms $20,230/yr
Transportation & Warehousing
1,432 jobs 34 firms $71,949/yr
Health Care & Social Assistance
846 jobs 78 firms $43,896/yr
Wholesale Trade
727 jobs 38 firms $58,430/yr
Finance & Insurance
509 jobs 46 firms $72,097/yr
Construction
487 jobs 87 firms $54,586/yr
Administrative & Waste Services
374 jobs 38 firms $48,555/yr
Other Services
333 jobs 72 firms $56,657/yr
Agriculture & Forestry
239 jobs 37 firms $52,198/yr
Arts & Entertainment
153 jobs 17 firms $23,548/yr
Information & Technology
84 jobs 16 firms $54,461/yr
Utilities
57 jobs 4 firms $138,000/yr
Real Estate
42 jobs 18 firms $41,227/yr
Educational Services
29 jobs 6 firms $22,311/yr
Unclassified
22 jobs 9 firms $50,849/yr

Industry Specialization (Location Quotient)

LQ > 1.0 means the industry is more concentrated here than the national average.

Manufacturing
2.96
Transportation & Warehousing
2.22
Agriculture & Forestry
1.94
Wholesale Trade
1.21
Accommodation & Food Services
1.16
Retail Trade
1.14
Unclassified
1.04
Utilities
0.98
Finance & Insurance
0.82
Other Services
0.73
Construction
0.61
Arts & Entertainment
0.60
Administrative & Waste Services
0.42
Health Care & Social Assistance
0.39
Information & Technology
0.29
Real Estate
0.18
Educational Services
0.09
Thin line = national average (1.0)

Complete Industry Data

Industry Employment Establishments Avg Weekly Wage Avg Annual Pay LQ
Manufacturing 3,704 67 $1,178 $61,240 2.96
Retail Trade 1,739 118 $713 $37,084 1.14
Accommodation & Food Services 1,606 75 $389 $20,230 1.16
Transportation & Warehousing 1,432 34 $1,384 $71,949 2.22
Health Care & Social Assistance 846 78 $844 $43,896 0.39
Wholesale Trade 727 38 $1,124 $58,430 1.21
Finance & Insurance 509 46 $1,386 $72,097 0.82
Construction 487 87 $1,050 $54,586 0.61
Administrative & Waste Services 374 38 $934 $48,555 0.42
Other Services 333 72 $1,090 $56,657 0.73
Agriculture & Forestry 239 37 $1,004 $52,198 1.94
Arts & Entertainment 153 17 $453 $23,548 0.60
Information & Technology 84 16 $1,047 $54,461 0.29
Utilities 57 4 $2,654 $138,000 0.98
Real Estate 42 18 $793 $41,227 0.18
Educational Services 29 6 $429 $22,311 0.09
Unclassified 22 9 $978 $50,849 1.04