F
44%
Income/capita NAT. AVG.
17%
Household income NAT. AVG.
2%
Unemployment NAT. AVG.
Search Homes for Sale
IndexSherwoodMichiganNational
Income per capita$16,718$27,549$29,829
Median household income$45,655$50,803$55,322
Median income owner occupied$46,488$62,251$70,586
Median income renter occupied$31,875$28,598$35,192
Median earnings male$40,714$35,730$36,919
Median earnings female$35,063$22,948$26,250
Unemployment rate4.7%5.2%4.7%
Poverty level13.0%16.3%15.1%
New Real Estate Listings in Sherwood Area
Search Homes for Sale in Sherwood, MI

Key findings

  • The income per capita in Sherwood is 44% lower than the national average
  • The median household income in Sherwood is 17% lower than the national average
  • Male median earnings are 41% higher than female median earnings
  • The unemployment rate in Sherwood is 2% higher than the national average
  • The poverty level in Sherwood is 14% lower than the national average

Compare Sherwood, MI Employment

      vs

      Best Places for Employment in and Around Sherwood

      See all the best places to live around Sherwood
      How would you rate the job market in Sherwood?
      Write a review to give others more information about this area.
      How accessible is public transit in Sherwood?
      Write a review to give others more information about this area.
      See all Sherwood poll results

      am i middle class

      $
      Input your household income
      $30,433 $45,655 $91,310
      City
      $33,865 $50,803 $101,606
      State
      $36,877 $55,322 $110,644
      Nation
      According to the PEW research center, the middle class is defined as a range from two thirds (2/3) of the median household income to a multiple of two (2) times the median household income. Displayed above are the city, state and national median household income averages. Simply enter your median household income to determine if your income falls into the middle class or if your household income is considered upper or lower class.

      Sherwood median earnings by income bracket

      Sherwood employment by industry

      Labour TypeMaleFemale
      Construction industry7.3%7.3%
      Manufacturing sector61.8%61.8%
      Financial & insurance services0.0%0.0%
      Wholesale & retail services7.3%7.3%
      Public administration0.0%0.0%
      Transportation, warehousing & utilities1.8%1.8%
      Education, health & social services3.6%3.6%
      Other18.2%18.2%

      Nearby cities with high median household income

      City Population Household Income National Avg.
      Mendon, MI835$65,00017.5%
      Burr Oak, MI798$54,2791.9%
      Athens, MI1,045$54,0632.3%
      Centreville, MI1,159$53,8392.7%
      Burlington, MI299$51,2507.4%
      Sherwood, MI507$45,65517.5%

      Cities with similar population

      City Population Household Income National Avg.
      Hytop, AL507$56,7862.6%
      Cotton Plant, AR507$20,75062.5%
      Holland, AR507$57,5964.1%
      Rose Bud, AR507$42,66122.9%
      Brooks, GA507$85,79555.1%
      Sherwood, MI507$45,65517.5%
      Source: The Sherwood, MI employment data displayed above is derived from the United States Census Bureau American Community Survey (ACS).