Located in the state of Arkansas, Sherwood is a medium-sized city with a population of 30,251 inhabitants. The majority of Sherwood residents report their race to be White; this is followed by Black and Asian. If you are looking for a family friendly city, Sherwood might be a good fit as 74% of the population over 15 years old are married, and 64% have kids who are 18 years old or younger.
Are you trying to figure out if living in Sherwood is the right fit for your lifestyle? To ensure a good experience before moving to any new city in Arkansas, you will probably want to make sure that you check all of the most important boxes. The best areas in Sherwood and in surrounding cities are easier to find when you are able to make informed decisions. Using data from amenities, cost of living, weather, education, employment, you will see a detailed breakdown of the most important information as well as comparisons to the Arkansas and national averages.
Sherwood has a livability score of 65 out of 100 and is ranked #157 in Arkansas and #17,783 in the USA. If we check out each of the categories individually, we see that Sherwood ranks well for amenities (A+), cost of living (B-) and weather (B-). The bad news for Sherwood, there are some categories for which it does not score well, this includes: crime (F), education (F) and housing (F).
Based on the proximity of local amenities like grocery stores, restaurants, coffee shops, parks, librairies, etc., Sherwood has received a higher than average score for its local amenities. If you’re planning on relocating and making this area your permanent home, it’s nice to know that there is an ample amount of amenities and things to do within walking distance or a short drive.
Being close to public transportation, grocery stores, parks and other conveniences are all important when weighing your options for a new home in Sherwood. Before you determine if any of these amenities are available in the area, you will also want to know if the real estate prices in Sherwood are affordable. Median real estate prices in Sherwood come in at $146,800, which is 28% higher than the Arkansas average. The home price to income ratio compares the median home prices to the median household income. In Sherwood, the home price to income ratio is 2.5, which is 7.4% lower than the Arkansas average. Knowing if your home will appreciate on a long term or even a short term basis should be factored into your decision making. An increase in your home’s value can be a good way to generate tax-free equity that can create long term financial security. In the past year, appreciation rates for homes in the Sherwood area were 2% and 5 year appreciation rates were 1.1%.