City

Sherwood, TN

1 ZIP code  ·  Franklin County  ·  Tennessee

👥342Population
💰$2,499Median HH Income▼ 97% below avg
🎂48.5Median Age
🏠$87,700Median Home Value▼ 69% below avg
🎓7.6%College Grads▼ 80% below avg
People & Population (ACS 2023 — weighted avg)
♂ Male 43.9% Female 56.1% ♀

Race & Ethnicity

White: 88.6%Race
White88.6%

Age Breakdown

Under 5
2%
5–17
13%
18–24
5%
25–44
23%
45–64
50%
65+
4%

Key Indicators

Median Age48.5 yrs
Avg HH Size1.81
Below Poverty36.0% ▲ 260% above avg
College Grads7.6% ▼ 80% below avg
HS Graduate202 (76.8%)
Associates41 (15.6%)
Graduate Degree20 (7.6%)

Education

HS Grad: 76.8%Associates: 15.6%Graduate: 7.6%Edu
HS Grad76.8%
Associates15.6%
Graduate7.6%
Housing & Income

Housing Tenure

Owner: 32.3%Renter: 67.7%Tenure
Owner32.3%
Renter67.7%

Home Value Distribution

$50k–$100k
56%
$100k–$150k
26%
$200k–$300k
18%

Financials

Median HH Income$2,499 ▼ 97% below avg
Median Home Value$87,700 ▼ 69% below avg
Home/Income Ratio35.1x (nat avg ~3.5x)
Total Housing Units284
Vacant Units95

Income Distribution

Under $25k
73%
$100k–$150k
27%
Employment & Commute

How People Get to Work

Drove Alone
100%

Commute Time

15–30 min
25%
30–45 min
12%
Over 45 min
63%
Housing Stock

Year Built

1960s–1970s
21%
1980s–1990s
29%
2000+
50%
About Sherwood, TN

Sherwood is a city in Tennessee, located in Franklin County. The city spans 1 ZIP code and is home to approximately 342 residents. It is a mature city, with a median age of 48.5 years.

Economically, Sherwood is a lower-income community. The median household income of $2,499 is well below the national average. Approximately 36.0% of residents live below the poverty line.

The real estate market in Sherwood is one of the more affordable housing markets in the country. Median home values stand at $87,700, which is well below the national average. At 32.3% owner-occupied, renters make up the majority — common in urban or college-town settings.

The population of Sherwood is less-educated. 7.6% of adults hold a bachelor's degree or higher — well below the national average. The community is primarily White (88.6%).

Sherwood, TN offers residents a cost-conscious lifestyle within Tennessee.

ZIP Codes in Sherwood
ZIPPopulationMedian IncomeMedian HomeMedian RentUnemp.CollegeOwner Occ.
37376 342 $2,499 $87,700 0.0% 7.6% 32.3%