Sherwood, MN
Comprehensive Demographic, Economic, and Housing Data Profile
Living in Sherwood, MN: Quick Facts & Overview
- Population: 2,964 residents (15 people per sq. mi.)
- Average House Price: $225,001
- Average Household Income: $86,075
Sherwood, MN is located in the state of Minnesota. It is home to about 2,964 people, with around 15 residents living in every square mile.
If you want to buy a house in Sherwood, the average price is around $225,001. That makes local housing 13% lower than the Minnesota average of $260,056, and 27% lower than the national average of $308,592.
The average household in Sherwood earns about $86,075 a year. This income is 5% higher than the average family in Minnesota ($82,068), and 9% higher than the national average ($78,686).
Population
2,964
Median Household Income
$86,075
Median Home Value
$225,001
Median Age
47.2 yrs
Household Income Brackets
Racial & Ethnic Demographics
Age Distribution
Educational Attainment
Economic & Labor Indicators
| Individual Median Income | $44,375 |
| Labor Force Participation | 61.6% |
| Unemployment Rate | 3.4% |
| Average Commute Time | 17.4 mins |
Housing & Community Metrics
| Home Ownership Rate | 75.0% |
| Median Rent | $954 |
| Rent Burdened (>30% Income) | 24.7% |
| Total Housing Units | 1,323 |
Additional Census & Housing Profile
Geographic Overview
| County | St. Louis |
| County FIPS | 27137 |
| Metro Area (CBSA) | Duluth, MN-WI |
| Combined Area (CSA) | Duluth-Grand Rapids, MN-WI |
| Population Density | 14.6/sq mi |
| Coordinates (lat/lng) | 47.4516, -92.7410 |
| Timezone | America/Chicago |
| National Ranking | 4 |
| Incorporated | No |
Household Structure
| Average Family Size | 2.65 |
| Dual Income Families | 48.8% |
Marital Status
| Married | 52.5% |
| Never Married | 30.1% |
| Divorced | 13.3% |
| Widowed | 4.1% |
Gender
| Male | 49.7% |
| Female | 50.3% |
Health & Poverty
| Uninsured Rate (Health) | 1.8% |
| Poverty Rate | 8.9% |
Key Population Groups
| Veterans | 10.8% |
| Disabled Population | 14.4% |
| Limited English Proficiency | - |
All ZIP Codes in Sherwood
| ZIP Code | Population | Median Household Income | Median Home Value |
|---|---|---|---|
| 55768 | 2,964 | $86,075 | $225,001 |
Nearby Cities
| City | Distance | Population |
|---|---|---|
| Buhl, MN | 3.6 miles | 1,022 |
| Kinney, MN | 4.6 miles | 115 |
| Chisholm, MN | 6.9 miles | 4,712 |
| Mountain Iron, MN | 8.5 miles | 2,860 |
| Eveleth, MN | 9.2 miles | 3,448 |
| Hibbing, MN | 10.4 miles | 16,057 |
| Virginia, MN | 11.6 miles | 8,332 |
| Gilbert, MN | 13.4 miles | 1,697 |
| Keewatin, MN | 16.4 miles | 1,215 |
| Nashwauk, MN | 20.5 miles | 926 |
| Biwabik, MN | 20.8 miles | 966 |
| Aurora, MN | 24 miles | 1,792 |
| Calumet, MN | 26.2 miles | 279 |
| Meadowlands, MN | 26.2 miles | 174 |
| Cook, MN | 27 miles | 423 |
| Marble, MN | 27.2 miles | 669 |
| Hoyt Lakes, MN | 30.1 miles | 2,064 |
| Taconite, MN | 30.8 miles | 468 |
| Bovey, MN | 32.8 miles | 646 |
| Tower, MN | 32.8 miles | 367 |
| Warba, MN | 32.8 miles | 146 |
| Soudan, MN | 34.3 miles | 415 |
| Coleraine, MN | 35.7 miles | 2,150 |
| Floodwood, MN | 37.8 miles | 497 |
| La Prairie, MN | 38.3 miles | 592 |
| Babbitt, MN | 39.4 miles | 1,393 |
| Grand Rapids, MN | 39.9 miles | 11,207 |
| Brookston, MN | 41 miles | 103 |
| Orr, MN | 42.2 miles | 368 |
| Cohasset, MN | 44.6 miles | 2,703 |
| Bigfork, MN | 47.1 miles | 375 |
| Rice Lake, MN | 48.3 miles | 4,153 |
| Deer River, MN | 49.8 miles | 889 |
| Hermantown, MN | 50.4 miles | 10,218 |