MyNeighborhood

Can you afford to live in Sherwood?

Median household income, home values and rent in Sherwood, OR — how they've changed since 2015 and how much of a typical paycheck housing takes compared with the rest of the country.

U.S. Census Bureau, American Community Survey 5-year estimates.

This story was assembled using AI and public data sources.

What it costs to live in Sherwood.

Median household income: $110,616 — +38.1% since 2015 (not adjusted for inflation)

Median gross rent: $1,967/mo — +56.0% since 2015

Median home value, 2015 to 2023

  • 2015: 292900
  • 2023: 564200

Median household income

  • Sherwood: 110616
  • Washington County: 104434
  • OR: 80426
  • U.S.: 78538

Median gross rent

  • Sherwood: 1967
  • Washington County: 1773
  • OR: 1450
  • U.S.: 1348

Share of income a typical renter spends on rent: 31.3% — U.S.: 30.2%

What it means

The typical household here earns $110,616 — far higher than the national figure of $78,538.

The typical renter here spends 31.3% of household income on rent, above the 30% level housing agencies use to define cost burden.

Since 2015, rent has risen faster than income here (+56.0% versus +38.1%), before adjusting for inflation.

Sources

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