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Sherwood, Arkansas

Last updated: 2024 BLS data · Page refreshed:

City Profile — Demographics, Income, Education & Housing
Data: U.S. Census Bureau, American Community Survey 2024 5-Year Estimates
33,070
Population
$81,328
Median Income
$199,500
Home Value
39.9
Median Age

Demographics

Sherwood has a population of 33,070 with a median age of 39.9. Here is the racial and ethnic breakdown of the population:

White
62.1%
Black
29.5%
Hispanic
4.1%
Other
2.6%
Asian
1.7%
Demographic Value
Total Population33,070
Median Age39.9
White62.1%
Black or African American29.5%
Asian1.7%
Hispanic or Latino4.1%
Other / Two or More Races2.6%
Sherwood, Arkansas — racial composition (Census ACS 2024)Donut chart of 5 segments totaling 100.White: 62.1%Black: 29.5%Hispanic/Latino: 4.1%Other: 2.6%Other: 1.7%33,070PopulationWhiteWhite62.1%BlackBlack29.5%Hispanic/LatinoHispanic/Latino4.1%OtherOther2.6%OtherOther1.7%

Income & Economy

The median household income in Sherwood is $81,328, which is 0.9% above the national median of $80,610. The per capita income is $40,739. The poverty rate is 9.0%.

$81,328
Median Household Income
$40,739
Per Capita Income
9.0%
Poverty Rate

Employment

The unemployment rate in Sherwood is 3.2%, compared to the national rate of 4.1%.

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Education

In Sherwood, 95.2% of residents age 25+ have a high school diploma or higher, and 36.3% hold a bachelor's degree or higher (13.3% with a graduate or professional degree).

HS Diploma+
95.2%
Bachelor's+
36.3%
Graduate+
13.3%
Education Level % of Adults (25+)
High School Diploma or Higher95.2%
Bachelor's Degree or Higher36.3%
Graduate or Professional Degree13.3%

Housing

The median home value in Sherwood is $199,500, below the national median of $303,400. The median monthly rent is $1,101. The homeownership rate is 70.8%.

$199,500
Median Home Value
$1,101/mo
Median Rent
70.8%
Homeownership Rate
Housing Metric Value
Median Home Value$199,500
Median Monthly Rent$1,101
Homeownership Rate70.8%
Vacancy Rate6.3%

Salaries in Arkansas

Explore salary data for popular occupations in Arkansas:

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Other Cities in Arkansas

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Frequently Asked Questions

What is the population of Sherwood, Arkansas?
The population of Sherwood, Arkansas is 33,070 according to U.S. Census Bureau ACS 2024 5-Year Estimates.
What is the median household income in Sherwood, Arkansas?
The median household income in Sherwood, Arkansas is $81,328. This is 0.9% above the national median of $80,610.
What is the median home value in Sherwood, Arkansas?
The median home value in Sherwood, Arkansas is $199,500. The median monthly rent is $1,101.
What percentage of people in Sherwood have a college degree?
In Sherwood, Arkansas, 36.3% of adults age 25 and older hold a bachelor's degree or higher, and 95.2% have a high school diploma or higher.
Is Sherwood, Arkansas an affordable place to live?
The home price-to-income ratio in Sherwood, Arkansas is 2.5x (median home value $199,500 vs. median income $81,328), making it relatively affordable by that measure. A ratio under 4.0 is generally considered affordable.

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