Cost Of Living
Everyday cost of living expenses like goods and services, housing, groceries, transportation, health care and utilities are far below the national average.
Housing
Impressive scores in the housing category characterize this area, potentially attributed to the availability of affordable housing, strong appreciation rates and high home values.
Health & Safety
Accessible health facilities like hospitals, doctors offices, clinics and nursing homes as well as good air quality are all factors that have led to a high score in this category.
Ratings
According to recent surveys and polls, locals had excellent ratings for walkability to nearby amenities, safety, access to public transit and the overall sense of community in the area.
Amenities
The majority of amenities will be difficult to reach within a short walk, often requiring residents to use a vehicle or public transportation for access.
Commute
Low commute scores could be due to limited access to public transit in this area, as well as longer-than-average work commute times for residents.
Crime
Reporting high crime rates per 100,000 people, this area may be perceived as an unsafe place to reside. These statistics encompass both violent and property crime rates.
Located in the state of Arkansas, Sherwood is a mid-sized city with a population of 31,910 people. According to the most recent Census, 66% of Sherwood residents are White, 27% Black and 2% Asian. Long commute times to work can be incredibly frustrating, ranking just behind housework on the list of life's annoyances. If you opt to make Sherwood your home, your one-way commute time will typically last around 24 minutes, a duration that aligns with the national average commute time of 26 minutes.
Are you trying to decide if living in Sherwood is the right fit for your lifestyle? To ensure a great experience before relocating to any new city in Arkansas, you will probably want to make sure that you check all of the most important boxes. Several key factors deserve attention. For one, safety is paramount, ensuring that your new area is low in crime is key. Proximity to workplaces or schools minimizes commute times and fosters convenience. Access to essential amenities like parks, grocery stores, food, fitness, shops and healthcare facilities enhances daily life. Efficient public transportation options provide mobility and connectivity. The sense of community creates a welcoming and supportive environment. Lastly, the overall atmosphere, encompassing the vibe, aesthetics, and lifestyle offerings, contributes to a fulfilling living experience. Considering these elements helps identify the ideal neighborhood for your needs and preferences. With useful information like amenities, crime, education, employment and other key data points, finding the best places to live in Sherwood and in the areas around Sherwood is a much easier task.
With a livability score of 71 out of 100, Sherwood is ranked #6,543 in the United States and #36 in Arkansas. Based on the rankings for each individual category, Sherwood has been rewarded with high marks for cost of living (A-), employment (B+) and housing (A+). There is at least one category that did not score well in Sherwood. The following was graded with a discouraging score: amenities (F) and crime (F).
Unemployment rates can range pretty dramatically from one city to another. Knowing that Sherwood has an unemployment rate of 1.8% could mean increased job opportunities with a higher demand for workers. It could also lead to higher wages, as the demand for workers exceeds the availability of jobs. Most importantly, it could be a sign of a healthy and thriving local economy.
Finding affordable real estate and housing in Sherwood can be tricky. Having said that, this area might be the place to get the best of both worlds. Based on factors like home/rental affordability and appreciation rates, this area has received an above average score in the housing category. A healthy real estate market can lead to wealth appreciation for property owners, as rising property values can contribute to homeowners' equity, financial stability and the ability to build long-term wealth.
Sherwood real estate prices and overall affordability will play a huge role in determining if the area is the right fit for you. Of course there are probably some other items on your “wish list”, but even before they are considered, let’s take a look at the home prices and affordability in Sherwood. The median home price for Sherwood homes is $286,915, which is 37.3% higher than the Arkansas average. If we take a closer look at the affordability of homes in Sherwood, we’ll see that the home price to income ratio is 3.1, which is 6.1% lower than the Arkansas average.
Why stop at city-to-city? With Local Insights, you can compare neighborhoods, zip codes, or even exact addresses. Access 300+ hyperlocal data points—from schools and crime to housing and amenities—to see which area is the better fit.
| Statistic | Sherwood | Arkansas | National |
| Average one way commute | 24min | 22min | 26min |
| Workers who drive to work | 83.1% | 82.7% | 76.4% |
| Workers who carpool | 9.9% | 10.8% | 9.3% |
| Workers who take public transit | 0.0% | 0.4% | 5.1% |
| Workers who bicycle | 0.2% | 0.2% | 0.6% |
| Workers who walk | 0.9% | 1.7% | 2.8% |
| Working from home | 4.9% | 3.2% | 4.6% |
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