Income & Economy in Sherwood, OR

Household income, poverty rates, employment, and economic data — 2023 ACS Data

Income Overview

Source: U.S. Census Bureau ACS (2023)

Median Household Income

$110,616

+51% vs national

Per Capita Income

$49,138

+32% vs national

Poverty Rate

4.0%

-71% vs national

Gini Index

0.3899

0 = perfect equality

Unemployment

3.4%

-35% vs national

SNAP Recipients

4.9%

of households

How Sherwood Compares

Source: Census ACS (2023)

Sherwood vs Similar Cities

Source: Census ACS (2023)

Compared to cities with 10,000 - 25,000 residents. Sherwood is highlighted.

Median Household Income

Per Capita Income

Poverty Rate

Unemployment Rate

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Where Do You Stack Up?

Enter your household income to see how you compare to other households in Sherwood. The median household income here is $110,616.

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Income Distribution

Source: U.S. Census Bureau ACS (2023)
<$25K
4.5%
$25-50K
11.6%
$50-75K
11.7%
$75-100K
15.2%
$100-150K
22.3%
$150-200K
13.0%
$200K+
21.8%

Employment Snapshot

Source: U.S. Census Bureau ACS (2023)

Unemployment Rate

3.4%

-43% vs OR avg

Labor Force

10,608

Employed

10,212

How People Get to Work

Source: Census ACS (2023)

Employment by Sector

Source: Census ACS (2023)

Education & Workforce

Source: U.S. Census Bureau ACS (2023)

Bachelor's Degree+

31.4%

of adults 25+

High School Diploma+

40.1%

of adults 25+

Median Age

36.1

Work from Home

23.6%

of workers

The median household income in Sherwood, OR is $110,616, which is 51.1% above the national average of $73,224. Per capita income is $49,138. The poverty rate of 4.0% is lower than the OR state average of 12.3%. The Gini index of income inequality is 0.3899, where 0 represents perfect equality and 1 represents maximum inequality. The unemployment rate is 3.4%, compared to the state average of 5.9%. 31.4% of adults hold a bachelor's degree or higher.