Economy & Jobs — Sherwood, Michigan
Income & Employment
| Median Household Income (Census) | $58,750 |
|---|
| Estimated 2026 | ~$64,500 |
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| Per Capita Income | $23,490 |
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| Poverty Rate | 8.0% |
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| Unemployment Rate | 12.5% |
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| In Labor Force | 132 |
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Top Industries
| Industry | Share |
|---|
| Education Healthcare | 23.7% |
| Manufacturing | 21.5% |
| Professional | 12.6% |
Local Businesses (County)
| Type | Count |
|---|
| Full Service Restaurants | 30 |
| Fast Food | 21 |
| Physician Offices | 20 |
| Insurance Agencies | 19 |
| Gas Stations | 13 |
| Commercial Banks | 13 |
| General Merchandise | 12 |
| Dental Offices | 12 |
| Auto Repair | 11 |
| Law Offices | 9 |
| Child Day Care | 8 |
| Hotels Motels | 7 |
| Coffee Shops | 7 |
| Real Estate Offices | 6 |
| Convenience Stores | 5 |
Sources: Census ACS 5-Year 2023; BLS QCEW 2023; Census ACS 5-Year 2023, B19013.
