Sherwood Shores, TX Profile: Facts & Data

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Sherwood Shores, Texas - Basic Facts

The Sherwood Shores Census Designated Place had a population of 1,325 as of July 1, 2019. Sherwood Shores ranks in the lower quartile for Diversity Index when compared to the other cities, towns and Census Designated Places (CDPs) in Texas. See peer rankings below.

The primary coordinate point for Sherwood Shores is located at latitude 33.8523 and longitude -96.8178 in Grayson County. The formal boundaries for the Sherwood Shores Census Designated Place encompass a land area of 2.85 sq. miles and a water area of 1.19 sq. miles. Grayson County is in the Central time zone (GMT -6). The elevation is 718 feet.

The Sherwood Shores Census Designated Place (GNIS ID: 2586990) has a U1 Census Class Code which indicates a census designated place with an official federally recognized name. It also has a Functional Status Code of "S" which identifies a statistical entity.

Texas is one of 20 states where Census County Divisions (CCDs) are used for statistical tracking of subdivisions within each county. The Sherwood Shores Census Designated Place is located within Northwest Grayson Division of Grayson County.


Jump to... (On This Page!)
  1. Sherwood Shores 2019 Demographic Data
  2. Growth Rates for Sherwood Shores (Historical & 5-Year Forecast)
  3. Peer Comparisons (Rank and Percentile)
  1. Neighborhoods Demographics (Home Values, Household Income, etc.)
  2. Texas Research Tools (Easy Tools & Current Data)
  3. Texas Data Comparison Tool - 2019 Demographics

Sherwood Shores, TX - Most Popular Things to Do

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Boundary Maps, Demographic Data, School Zones Review maps and data for the neighborhood, city, county, ZIP Code, and school zone. July 1, 2019, data includes home values, household income, percentage of homes owned, rented or vacant, etc.


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Sherwood Shores, TX Data & Demographics (As of July 1, 2019)

HOUSING AFFORDABILITY INDEX

Sherwood Shores, TX Housing Affordability Index is 199
State of Texas Housing Affordability Index is 132
The Housing Affordability Index base is 100 and represents a balance point where a resident with a median household income can normally qualify to purchase a median price home. Values above 100 indicate increased affordability, while values below 100 indicate decreased affordability.

WEALTH INDEX

Sherwood Shores, TX Wealth Index is 58
State of Texas Wealth Index is 94
The Wealth Index is based on a number of indicators of affluence including average household income and average net worth, but it also includes the value of material possessions and resources. It represents the wealth of the area relative to the national level. Values above or below 100 represent above-average wealth or below-average wealth compared to the national level.

These new demographic attributes are availiable for cities, Counties, ZIP Codes and even neighborhoods (Census Blocks) when you search by a specific Texas address.

See our:

  1. New 2-Minute Introduction and Concise Guide to Big Data which will help you make the most effective use of HomeTownLocator Tools.
  2. References & Data Sources page for more information about methodology and sources of data.

POPULATION

Total Population 1,325
Population in Households 1,325
Population in Familes 1,033
Population in Group Qrtrs 0
Population Density 465
Diversity Index1 24
 

INCOME

Median Household Income $37,506
Average Household Income $55,730
Per Capita Income $26,337
Wealth Index3 58

HOUSING

Total Housing Units 1,057 (100%)
Owner Occupied HU 540 (51.1%)
Renter Occupied HU 87 ( 8.2%)
Vacant Housing Units 430 (40.7%)
Median Home Value $86,143
Housing Affordability Index2 199
 

HOUSEHOLDS

Total Households 627
Average Household Size 2.11
Family Households 388
Average Family Size 3
NOTES
  1. The Diversity Index is a scale of 0 to 100 that represents the likelihood that two persons, chosen at random from the same area, belong to different race or ethnic groups. If an area's entire population belongs to one race AND one ethnic group, then the area has zero diversity. An area's diversity index increases to 100 when the population is evenly divided into two or more race/ethnic groups.
  2. The Housing Affordability Index base is 100 and represents a balance point where a resident with a median household income can normally qualify to purchase a median price home. Values above 100 indicate increased affordability, while values below 100 indicate decreased affordability.
  3. The Wealth Index is based on a number of indicators of affluence including average household income and average net worth, but it also includes the value of material possessions and resources. It represents the wealth of the area relative to the national level. Values above or below 100 represent above-average wealth or below-average wealth compared to the national level.

GROWTH RATE / YEAR

2010-2019 2019-2024
Population 1.17% 1.08%
Households 1.07% 1.06%
Families 1.0% 0.91%
Median Household Income   2.28%
Per Capita Income   2.17%

Sherwood Shores, TX - Peer Comparisons by Rank and Percentile

The table below compares Sherwood Shores to the other 1,746 incorporated cities, towns and CDPs in Texas by rank and percentile using July 1, 2019 data. The location Ranked # 1 has the highest value. A location that ranks higher than 75% of its peers would be in the 75th percentile of the peer group.

Variable Description Rank Percentile
Total Population # 892 49th
Population Density # 1208 31st
Diversity Index # 1522 13th
Median Household Income # 1376 21st
Per Capita Income # 736 58th

Additional comparisons and rankings can be made with a VERY EASY TO USE Texas Census Data Comparison Tool.

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