Lake Sherwood, WI

Census Place

2024 Population

369

US Senator

Ron Johnson

Republican Party

US Senator

Tammy Baldwin

Democratic Party

2024 Median Age

63.4

0.314% 1-year decrease

2024 Poverty Rate

5.15%

78.8% 1-year increase

2024 Median Household Income

$84,911

3.59% 1-year decline

2024 Median Property Value

Population & Diversity

Lake Sherwood, WI is home to a population of 369 people, from which 93% are citizens.

As of 2024, 10.6% of Lake Sherwood, WI residents were born outside of the country (39 people).

In 2024, there were 40 times more White (Non-Hispanic) residents (360 people) in Lake Sherwood, WI than any other race or ethnicity. There were 9 White (Hispanic) and 0 Black or African American (Non-Hispanic) residents, the second and third most common ethnic groups.

Population & Diversity

Citizenship

93%

2024 Citizenship

100%

2023 Citizenship

As of 2024, 93% of Lake Sherwood, WI residents were US citizens, which is lower than the national average of 93.2%. In 2023, the percentage of US citizens in Lake Sherwood, WI was 100%, meaning that the rate of citizenship has been decreasing.

The following chart shows US citizenship percentages in Lake Sherwood, WI compared to that of it's neighboring and parent geographies.

Diversity

Race and Ethnicity

The 3 largest ethnic groups in Lake Sherwood, WI

White (Non-Hispanic)
360 ± 97
White (Hispanic)
9 ± 13
Black or African American (Non-Hispanic)
0 ± 10

2.44%

Hispanic Population

9 people

2.44% of the people in Lake Sherwood, WI are hispanic (9 people).

The following chart shows the 8 races represented in Lake Sherwood, WI as a share of the total population.

Global Diversity

The PUMS dataset is not available at the Place level, so we are showing data for Wisconsin.

Most Common Origin

Mexico
90,085 ± 7,313 people
India
22,216 ± 3,653 people
China
14,090 ± 2,911 people

In 2024, the most common birthplace for the foreign-born residents of Wisconsin was Mexico, the natal country of 90,085 Wisconsin residents, followed by India with 22,216 and China with 14,090.

Foreign-Born Population

10.6%

2024 Foreign-Born Population

39 people

0.524%

2023 Foreign-Born Population

2 people

As of 2024, 10.6% of Lake Sherwood, WI residents (39 people) were born outside of the United States, which is approximately the same as the national average of 14%. In 2023, the percentage of foreign-born citizens in Lake Sherwood, WI was 0.524%, meaning that the rate has been increasing.

The following chart shows the percentage of foreign-born residents in Lake Sherwood, WI compared to that of it's neighboring and parent geographies.

Military

Veterans

Gulf War (1990s)

Most Common Service Period

1 ± 10

The chart shows the distribution of veterans by conflict in Lake Sherwood, WI.

Economy

The economy of Lake Sherwood, WI employs 174 people. In 2024, the largest industries in Lake Sherwood, WI were Retail Trade (63 people), Transportation & Warehousing (27 people), and Health Care & Social Assistance (25 people), and the highest paying industries were Retail Trade ($66,042), Transportation & Warehousing ($34,531), and Transportation & Warehousing, & Utilities ($34,531).

Employment

Occupations

174

2024 Value

± 92

−8.9%

1 Year decline

± 78.7%

From 2023 to 2024, employment in Lake Sherwood, WI declined at a rate of −8.9%, from 191 employees to 174 employees.

The most common job groups, by number of people living in Lake Sherwood, WI, are Business & Financial Operations Occupations (31 people), Sales & Related Occupations (28 people), and Management Occupations (23 people). This chart illustrates the share breakdown of the primary jobs held by residents of Lake Sherwood, WI.

Unemployment Insurance Claims

Data is only available at the state level. Showing data for Wisconsin.

This chart shows weekly unemployment insurance claims in Wisconsin (not-seasonally adjusted) compared with the four states with the most similar impact.

The most recent data point uses Advance State Claims data, which can be revised in subsequent weeks.

Industries

Employment by Industries

174

2024 Value

± 92

−8.9%

1 Year decline

± 78.7%

From 2023 to 2024, employment in Lake Sherwood, WI declined at a rate of −8.9%, from 191 employees to 174 employees.

The most common employment sectors for those who live in Lake Sherwood, WI, are Retail Trade (63 people), Transportation & Warehousing (27 people), and Health Care & Social Assistance (25 people). This chart shows the share breakdown of the primary industries for residents of Lake Sherwood, WI, though some of these residents may live in Lake Sherwood, WI and work somewhere else. Census data is tagged to a residential address, not a work address.

Median Earnings by Industry

$82,628

Median earning men ± $40,389

$20,250

Median earning women ± $18,394

The industries with the best median earnings for men in 2024 are Retail Trade ($83,080) and Transportation & Warehousing, & Utilities ($65,000).

The industries with the best median earnings for women in 2024 are Educational Services, & Health Care & Social Assistance ($19,861).

Housing & Living

The median property value in Lake Sherwood, WI was $259,400 in 2024, which is 0.78 times smaller than the national average of $332,700. Between 2023 and 2024 the median property value increased from $279,900 to $259,400, a 7.32% decrease. The homeownership rate in Lake Sherwood, WI is 99.5%, which is higher than the national average of 65.2%.

People in Lake Sherwood, WI have an average commute time of 34.1 minutes, and they worked at home. Car ownership in Lake Sherwood, WI is approximately the same as the national average, with an average of 2 cars per household.

Housing

Property

$259,400

Median Property Value 2024

±$35,393

$201

Median Property Taxes

±$78

The following chart display owner-occupied housing units distributed between a series of property tax buckets compared to the national averages for each bucket. In Lake Sherwood, WI the largest share of households pay taxes in the $3k+ range.

The chart underneath the paragraph shows the property taxes in Lake Sherwood, WI compared to it's parent and neighbor geographies.

Rent vs Own

99.5%

Homeownership

2024

71.5%

Homeowners with Mortgage

2024

In 2024, 99.5% of the housing units in Lake Sherwood, WI were occupied by their owner. This percentage declined from the previous year's rate of 99.5%.

This chart shows the percentage of owner in Lake Sherwood, WI compared it's parent and neighboring geographies.

Equity

Household Income

Please note that the buckets used in this visualization were not evenly distributed by ACS when publishing the data.

$84,911

Median Household Income

± $22,625

202

Number of Households

± 75

In 2024, the median household income of the 202 households in Lake Sherwood, WI declined from $84,911 from the previous year's value of $88,073.

The following chart displays the households in Lake Sherwood, WI distributed between a series of income buckets compared to the national averages for each bucket. The largest share of households have an income in the $75k - $100k range.

Wage Distribution

The closest comparable wage GINI for Lake Sherwood, WI is from Wisconsin.

0.439

2024 Wage GINI in Wisconsin

0.441

2023 Wage GINI in Wisconsin

In 2024, the income inequality in Wisconsin was 0.439 according to the GINI calculation of the wage distribution. Income inequality had a 0.364% decline from 2023 to 2024, which means that wage distribution grew somewhat more even. The GINI for Wisconsin was lower than than the national average of 0.474. In other words, wages are distributed more evenly in Wisconsin in comparison to the national average.

This chart shows the number of workers in Wisconsin across various wage buckets compared to the national average.

Transportation

Commuter Transportation

Most Common Commute in 2024

Worked At Home (47.9%)
Drove Alone (46.7%)
Walked (5.45%)

In 2024, 47.9% of workers in Lake Sherwood, WI worked at home, followed by those who drove alone to work (46.7%) and those who walked to work (5.45%).

The following chart shows the number of households using each mode of transportation over time, using a logarithmic scale on the y-axis to help better show variations in the smaller means of commuting.

Commute Time

34.1 minutes

Average Travel Time

Using averages, employees in Lake Sherwood, WI have a longer commute time (34.1 minutes) than the normal US worker (26.4 minutes). Additionally, 10.5% of the workforce in Lake Sherwood, WI have "super commutes" in excess of 90 minutes.

The chart below shows how the median household income in Lake Sherwood, WI compares to that of it's neighboring and parent geographies.

Car Ownership

2 cars

Average Number

The following chart displays the households in Lake Sherwood, WI distributed between a series of car ownership buckets compared to the national averages for each bucket. The largest share of households in Lake Sherwood, WI have 2 cars.

Poverty

Poverty & Diversity

5.15% of the population for whom poverty status is determined in Lake Sherwood, WI (19 out of 369 people) live below the poverty line, a number that is lower than the national average of 12.5%. The largest demographic living in poverty are Males 45 - 54, followed by Females 65 - 74 and then Females 75+.

The most common racial or ethnic group living below the poverty line in Lake Sherwood, WI is White, followed by Black and Native American.

The Census Bureau uses a set of money income thresholds that vary by family size and composition to determine who classifies as impoverished. If a family's total income is less than the family's threshold than that family and every individual in it is considered to be living in poverty.

Social Needs

Data only available at the state level.

Most prevalent states

California
35,798 individuals
New York
5,087 individuals

In 2017, California had the highest estimated number of chronically homeless individuals in the nation, at 35,798, followed by New York (5,087).

The following map shows the estimated number of chronically homeless individuals by state over multiple years.

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