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The total population of Sherwood is estimated to be 20,286 with 10,079 males (49.68%) and 10,207 females (50.32%). There are 128 more females than males in Sherwood.
The median household income in Sherwood was $113,119 in 2021, which marked an a decrease of 8,736(7.17%) from $121,855 in 2020. This income is 151.62% of the U.S. median household income of $74,606 (all incomes in 2022 inflation-adjusted dollars).
Per the latest American Community Survey by the Census Bureau, Sherwood sees its highest median household income among householders in the age group of 45 to 64 years old, at $137,955. Overall, the median household income for the city of Sherwood stands at $113,119.
In Sherwood, the median income for all workers aged 15 years and older, regardless of work hours, was $69,345 for males and $42,283 for females. However, when specifically considering full-time, year-round workers within the same age group, the median income was $100,702 for males and $68,932 for females.
In Sherwood, there are just three different racial groups among households. Among these, White households report a median household income of $121,958, followed by Asian households at $113,096, and Two or More Races households with a median household income of $100,380.
In 2022, the population of Sherwood was 20,030, a 1.39% decrease year-by-year from 2021. Previously, in 2021, Sherwood's population was 20,312, a decline of 0.53% compared to a population of 20,421 in 2020.
The median age in Sherwood, OR is 36.3, as per 2021 ACS 5-Year Estimates. Of the total population, 22.93% were under the age of 15, 18.15% aged 15 to 29, 48.87% aged 30 to 64, 8.35% aged 65 to 84, and 1.70% were 85 years of age and older.
Racial distribution of Sherwood population: 83.34% are White, 0.79% are Black or African American, 0.43% are American Indian and Alaska Native, 3.51% are Asian, 0.19% are Native Hawaiian and other Pacific Islander, 1.03% are some other race and 10.70% are multiracial.