Sherwood, Michigan Demographics & Population 2026
Demographic data: ACS 2020–2024 five-year estimates. Sources and methodology
During the 2020–2024 ACS period, Sherwood, Michigan had a total population of 388, the 582nd largest village in Michigan, with a median household income of $58,750, which is 19% lower than the state average. The poverty rate is 8.0%.
Key Takeaways
- Only 4.9% of adults have a bachelor's degree, well below the national average of 35.7%.
- Housing is very affordable with a home-value-to-income ratio of just 1.7x.
- Unemployment rate of 12.5% is notably above the national average.
Sherwood Quick Facts
How Sherwood Changed
Change from the non-overlapping 2015–2019 ACS period to 2020–2024. Earlier dollar figures are adjusted to 2024 dollars; changes marked “no clear change” are within the combined 90% margins of error.
| Metric | 2015–2019 | 2020–2024 | Change |
|---|---|---|---|
| Population | 353 | 388 | No clear change (+9.9%) |
| Median household income | $54,613 | $58,750 | No clear change (+7.6%) |
| Median home value¹ | $64,120 | $97,500 | No clear change (+52.1%) |
| Median gross rent | $908 | $838 | No clear change (-7.7%) |
How Sherwood Compares
Median Household Income
Median Home Value
Economy & Housing
Household Income Distribution
Detailed income brackets
Employment
Housing Overview
People & Demographics
Age Distribution
Race & Ethnicity
- White: 90.2%
- Black: 0.0%
- Hispanic: 3.6%
- Asian: 0.0%
- Other: 3.1%
Diversity Index
A less diverse community where one racial or ethnic group represents a large majority.
State average: 45 | National average: 61
Education
Educational Attainment (Adults 25+)
- < High School: 18.1%
- HS Diploma: 48.1%
- Some College: 22.6%
- Associate's: 6.2%
- Bachelor's: 3.7%
- Graduate+: 1.2%
Sherwood Rankings in Michigan
Explore Michigan Rankings
Other Cities in Branch County
Cities Similar to Sherwood
These cities in the same state have comparable population and economic profiles.
| City | Population | Median Income | Home Value | Bachelor's+ | Poverty |
|---|---|---|---|---|---|
| Dodgeville | 409 | N/A | $217,300 | 15.9% | 12.3% |
| Hanover | 375 | $62,656 | $145,800 | 8.7% | 12.5% |
| Barryton | 394 | $52,875 | $95,900 | 16.3% | 16.4% |
| New Troy | 413 | $56,776 | $167,600 | 10.8% | 34.2% |
| Manistee Lake | 412 | $56,250 | $175,000 | 21.7% | 9.7% |
A note before these figures: with a population of 388, Sherwood's ACS estimates come from a small number of survey responses and carry wide margins of error. Individual percentages below — particularly rates that round to 0% or 100% — are approximations, not precise measurements. See data.census.gov for the published margins of error.
Population Overview
Sherwood is a small community located in Michigan, within Branch County. The total population is 388. It ranks as the 582nd most populous out of 745 Census-designated places in Michigan.
Age Demographics
The median age in Sherwood is 34.4 years. This is 14% lower than the state median of 40.2 years.
Economy, Income & Housing
The median household income in Sherwood is $58,750. This is 19% lower than the state median of $72,875. It is also 27% lower than the national median of $80,734. The poverty rate stands at 8.0%. This is 40% lower than the state poverty rate of 13.2%. The unemployment rate is 12.5%. This is 119% higher than the state rate of 5.7%. The median home value is $97,500. Housing costs are 58% lower than the state median of $231,600. With a home-value-to-income ratio of just 1.7x, Sherwood is one of the most affordable housing markets in the area. 82.5% of occupied housing units are owner-occupied. This homeownership rate is 13% higher than the state average of 73.2%.
Race & Ethnicity
Sherwood has a predominantly White (non-Hispanic) population, comprising 90.2% of all residents. Hispanic or Latino residents account for 3.6%.
Education
4.9% of residents aged 25 and older hold a bachelor's degree or higher. This is among the lowest rates in the state, which may correlate with employment and income patterns. This is 85% lower than the state rate of 32.5%. Nationally, 35.7% of adults hold at least a bachelor's degree. The high school graduation rate (or equivalent) is 81.9%.
Data Sources & Methodology
All demographic data for Sherwood, Michigan is sourced from the U.S. Census Bureau's American Community Survey (ACS) 2020–2024 5-Year Estimates. The ACS collects data from approximately 3.5 million households annually and pools five years of responses so that even small communities can be measured, though the margin of error widens as the population falls. Comparisons are made against Michigan state averages and national averages calculated from the same dataset. Rankings reflect the city's position among all 745 Census-designated places in Michigan. Read more about how these figures are produced on our methodology page, or visit data.census.gov for official data.
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Frequently Asked Questions
What is the population of Sherwood, Michigan?
Sherwood, Michigan has a population of 388 according to the most recent U.S. Census ACS 5-Year Estimates.
What is the median household income in Sherwood, MI?
The median household income in Sherwood is $58,750, which is 27% lower than the national median of $80,734.
What is the poverty rate in Sherwood, MI?
The poverty rate in Sherwood is 8.0%. This means approximately 31 residents live below the federal poverty line.
What is the racial makeup of Sherwood, Michigan?
Sherwood's population is 90.2% White, 0.0% Black, 3.6% Hispanic/Latino, and 0.0% Asian.
What is the median home value in Sherwood, MI?
The median home value in Sherwood is $97,500. The home-value-to-income ratio is 1.7x.
How educated is Sherwood, Michigan?
4.9% of adults (25+) in Sherwood hold a bachelor's degree or higher, and 1.2% hold a graduate or professional degree.