Sherwood, MI Employment - Median Household Income, Unemployment Rate

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F

44%

Income/capita NAT. AVG.

16%

Household income NAT. AVG.

2%

Unemployment NAT. AVG.

Index	Sherwood	Michigan	National
Income per capita	$25,098	$40,534	$44,883
Median household income	$68,660	$74,200	$81,333
Median income owner occupied	$69,674	$92,757	$106,172
Median income renter occupied	$46,884	$42,775	$52,080
Median earnings male	$59,209	$52,653	$54,343
Median earnings female	$51,898	$34,413	$38,439
Unemployment rate	5.0%	5.5%	4.9%
Poverty level	13.0%	16.3%	15.1%

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Sherwood, MI

Key findings

The income per capita in Sherwood is 44% lower than the national average
The median household income in Sherwood is 16% lower than the national average
Male median earnings are 41% higher than female median earnings
The unemployment rate in Sherwood is 2% higher than the national average
The poverty level in Sherwood is 14% lower than the national average

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am i middle class

$45,768 $68,660 $137,320

City

$49,461 $74,200 $148,400

State

$54,216 $81,333 $162,666

Nation

According to the PEW research center, the middle class is defined as a range from two thirds (2/3) of the median household income to a multiple of two (2) times the median household income. Displayed above are the city, state and national median household income averages. Simply enter your median household income to determine if your income falls into the middle class or if your household income is considered upper or lower class.

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Sherwood median earnings by income bracket

Sherwood employment by industry

Labour Type	Male	Female
Construction industry	7.3%	7.3%
Manufacturing sector	61.8%	61.8%
Financial & insurance services	0.0%	0.0%
Wholesale & retail services	7.3%	7.3%
Public administration	0.0%	0.0%
Transportation, warehousing & utilities	1.8%	1.8%
Education, health & social services	3.6%	3.6%
Other	18.2%	18.2%

Nearby cities with high median household income

City	Population	Household Income	National Avg.
Mendon, MI	855	$97,226	19.5%
Burr Oak, MI	817	$81,494	0.2%
Athens, MI	1,080	$79,153	2.7%
Centreville, MI	1,197	$78,969	2.9%
Burlington, MI	307	$75,050	7.7%
Sherwood, MI	523	$68,660	15.6%

Cities with similar population

City	Population	Household Income	National Avg.
Holland, AR	523	$86,552	6.4%
Gisela, AZ	523	$0	100.0%
Davenport, CA	523	$74,123	8.9%
Tehama, CA	523	$68,188	16.2%
Beulah Valley, CO	523	$63,662	21.7%
Sherwood, MI	523	$68,660	15.6%

Source: The Sherwood, MI employment data displayed above is derived from the United States Census Bureau American Community Survey (ACS) and include 2026 modeled data developed using proprietary methodologies.