Sherwood, MI

Census Place

2024 Population

388

US Senator

Gary Peters

Democratic Party

US Senator

Elissa Slotkin

Democratic Party

2024 Median Age

34.4

0.865% 1-year decrease

2024 Poverty Rate

7.99%

45.6% 1-year decrease

2024 Median Household Income

$58,750

3.72% 1-year growth

2024 Median Property Value

$97,500

Population & Diversity

Sherwood, MI is home to a population of 388 people, from which 100% are citizens.

In 2024, there were 29.2 times more White (Non-Hispanic) residents (350 people) in Sherwood, MI than any other race or ethnicity. There were 12 Other (Non-Hispanic) and 8 Two Races Excluding Other, & Three or More Races (Non-Hispanic) residents, the second and third most common ethnic groups.

Population & Diversity

Citizenship

100%

2024 Citizenship

100%

2023 Citizenship

As of 2024, 100% of Sherwood, MI residents were US citizens, which is higher than the national average of 93.2%. In 2023, the percentage of US citizens in Sherwood, MI was 100%, meaning that the rate of citizenship has been maintaining.

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

Diversity

Race and Ethnicity

The 3 largest ethnic groups in Sherwood, MI

White (Non-Hispanic)
350 ± 173
Other (Non-Hispanic)
12 ± 16
Two Races Excluding Other, & Three or More Races (Non-Hispanic)
8 ± 8

3.61%

Hispanic Population

14 people

3.61% of the people in Sherwood, MI are hispanic (14 people).

The following chart shows the 8 races represented in Sherwood, MI 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 Michigan.

Most Common Origin

Mexico
83,098 ± 7,048 people
India
80,532 ± 6,939 people
Iraq
55,181 ± 5,751 people

In 2024, the most common birthplace for the foreign-born residents of Michigan was Mexico, the natal country of 83,098 Michigan residents, followed by India with 80,532 and Iraq with 55,181.

Military

Veterans

Most Common Service Period

Vietnam
4 ± 16
Gulf War (2001-)
3 ± 12

Sherwood, MI has a large population of military personnel who served in Vietnam, 1.33 times greater than any other conflict.

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

Economy

The economy of Sherwood, MI employs 119 people. In 2024, the largest industries in Sherwood, MI were Health Care & Social Assistance (34 people), Manufacturing (32 people), and Public Administration (14 people), and the highest paying industries were Other Services Except Public Administration ($60,625), Educational Services, & Health Care & Social Assistance ($56,129), and Health Care & Social Assistance ($56,129).

Employment

Occupations

119

2024 Value

± 76

3.48%

1 Year growth

± 90.1%

From 2023 to 2024, employment in Sherwood, MI grew at a rate of 3.48%, from 115 employees to 119 employees.

The most common job groups, by number of people living in Sherwood, MI, are Healthcare Support Occupations (31 people), Production Occupations (21 people), and Management Occupations (17 people). This chart illustrates the share breakdown of the primary jobs held by residents of Sherwood, MI.

Unemployment Insurance Claims

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

This chart shows weekly unemployment insurance claims in Michigan (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

119

2024 Value

± 76

3.48%

1 Year growth

± 90.1%

From 2023 to 2024, employment in Sherwood, MI grew at a rate of 3.48%, from 115 employees to 119 employees.

The most common employment sectors for those who live in Sherwood, MI, are Health Care & Social Assistance (34 people), Manufacturing (32 people), and Public Administration (14 people). This chart shows the share breakdown of the primary industries for residents of Sherwood, MI, though some of these residents may live in Sherwood, MI and work somewhere else. Census data is tagged to a residential address, not a work address.

Median Earnings by Industry

$55,000

Median earning men ± $15,174

$48,125

Median earning women ± $16,883

The industries with the best median earnings for men in 2024 are Other Services Except Public Administration ($61,250), Manufacturing ($59,167), and Transportation & Warehousing, & Utilities ($43,750).

The industries with the best median earnings for women in 2024 are Professional, Scientific, & Management, & Administrative & Waste Management Services ($91,250), Educational Services, & Health Care & Social Assistance ($56,129), and Manufacturing ($42,500).

Housing & Living

The median property value in Sherwood, MI was $97,500 in 2024, which is 0.293 times smaller than the national average of $332,700. Between 2023 and 2024 the median property value increased from $72,500 to $97,500, a 34.5% increase. The homeownership rate in Sherwood, MI is 82.5%, which is higher than the national average of 65.2%.

People in Sherwood, MI have an average commute time of 25.2 minutes, and they drove alone to work. Car ownership in Sherwood, MI is lower than the national average, with an average of 1 car per household.

Housing

Property

$97,500

Median Property Value 2024

±$41,192

$99

Median Property Taxes

±$48

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 Sherwood, MI the largest share of households pay taxes in the $800 - $1,499 range.

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

Rent vs Own

82.5%

Homeownership

2024

66.5%

Homeowners with Mortgage

2024

In 2024, 82.5% of the housing units in Sherwood, MI were occupied by their owner. This percentage declined from the previous year's rate of 87.4%.

This chart shows the percentage of owner in Sherwood, MI 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.

$58,750

Median Household Income

± $16,309

120

Number of Households

± 47

In 2024, the median household income of the 120 households in Sherwood, MI grew to $58,750 from the previous year's value of $56,645.

The following chart displays the households in Sherwood, MI 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 $50k - $60k range.

Wage Distribution

The closest comparable wage GINI for Sherwood, MI is from Michigan.

0.46

2024 Wage GINI in Michigan

0.462

2023 Wage GINI in Michigan

In 2024, the income inequality in Michigan was 0.46 according to the GINI calculation of the wage distribution. Income inequality had a 0.474% decline from 2023 to 2024, which means that wage distribution grew somewhat more even. The GINI for Michigan was lower than than the national average of 0.474. In other words, wages are distributed more evenly in Michigan in comparison to the national average.

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

Transportation

Commuter Transportation

Most Common Commute in 2024

Drove Alone (78.1%)
Carpooled (12.3%)
Other (5.26%)

In 2024, 78.1% of workers in Sherwood, MI drove alone to work, followed by those who carpooled to work (12.3%) and those who used some unspecified means to get work (5.26%).

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

25.2 minutes

Average Travel Time

Using averages, employees in Sherwood, MI have a shorter commute time (25.2 minutes) than the normal US worker (26.4 minutes). Additionally, 1.83% of the workforce in Sherwood, MI have "super commutes" in excess of 90 minutes.

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

Car Ownership

1 car

Average Number

The following chart displays the households in Sherwood, MI distributed between a series of car ownership buckets compared to the national averages for each bucket. The largest share of households in Sherwood, MI have 1 car.

Poverty

Poverty & Diversity

7.99% of the population for whom poverty status is determined in Sherwood, MI (31 out of 388 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 65 - 74, followed by Females 35 - 44 and then Females 55 - 64.

The most common racial or ethnic group living below the poverty line in Sherwood, MI is White, followed by Two Or More and Hispanic.

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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