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Demographics
Population
Median Income
Racial Distributions
Sherwood, a neighborhood in Springfield, Missouri, is predominantly White with low diversity. As of 2022, the white population comprises 78% of the total, with a median income of $56,529. The neighborhood has experienced steady population growth over the past decade, increasing from 8,664 in 2010 to 11,398 in 2022.
Over the past decade, Sherwood has maintained its status as a White Majority neighborhood. The white population percentage has decreased from 83% in 2017 to 78% in 2022. The Hispanic population has grown from 3% in 2017 to 8% in 2022. The Black population has remained relatively stable, fluctuating between 3-7% over the years. The percentage of residents identifying as two or more races has doubled from 3% in 2017 to 6% in 2022.
The median income in Sherwood has shown overall growth, rising from $47,768 in 2013 to $56,529 in 2022, an increase of about 18%. This economic growth correlates with the demographic shifts. The income growth coincides with the increase in diversity, suggesting that the neighborhood's economic prospects may be attracting a more diverse population. The steady population growth aligns with the income increase, indicating that Sherwood is becoming an increasingly desirable place to live.
Sherwood's demographic shifts reflect broader national trends of increasing diversity in suburban areas. The growth in Hispanic population is particularly notable and may be part of a larger trend of Hispanic population growth in Midwestern states. The steady increase in median income suggests that Sherwood is experiencing economic growth, potentially outpacing national averages, which could be a factor in its population growth.
Sherwood remains a White Majority, Low Diversity neighborhood, but shows signs of being a Transitional Community. The gradual increase in diversity, coupled with steady economic and population growth, suggests that Sherwood is evolving. These changes may bring new cultural influences and economic opportunities to the area, potentially reshaping the neighborhood's character over the coming years. However, the pace of change is gradual, indicating that any major shifts in the neighborhood's demographic makeup are likely to occur over an extended period.