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Cost of living, pay and housing

33.85° N · 96.81° W · GEOID 4867554

Sherwood Shores

Grayson County, Texas · part of the Sherman, TX metro

Limited data population under 5,000

TexasSherwood Shores, TXSherwood ShoresSherwood Shores

The short answer

Sherwood Shores is home to 830 people. Median household income is $31,000 a year and median rent is $763 a month, 29.5% of income (a ratio of two medians, not any one household's burden). Rent pressure is moderate. The median home is valued at $175,500, about 5.7x annual median household income.

Median gross rent
$763
44% below the median place
Median household income
$31,000
61% below the median place
Median home value
$175,500
45% below the median place
Unemployment
3.1%
36% below the median place

Compared with the median of the 6,645 places we track. The bundle was checked 2026-11-14; each measure may refer to an older release.

What stands out about Sherwood Shores

  • After the median rent, and with prices for everything else adjusted to the US average, the median household has about $23,100 a year left, less than in 99% of the 1,875 places under 10,000 people we track. It is the 2nd-lowest of 329 Texas places.
  • Only 0% of renter households spend 30% or more of income on rent, a lower share than in 98% of places its size. It is the lowest of 379 Texas places.
  • 52% of homes stand vacant, more than in 98% of places its size. It is the highest of 339 Texas places.
  • The median resident is 61.8 years old, older than in 98% of places its size. It is the 2nd-highest of 414 Texas places.
  • Household income has grown -2.8% a year across the last five survey releases, slower than in 99% of places its size.
01

Moving to Sherwood Shores

Grayson County gains about 19.2 residents per 1,000 a year to moves between counties.

Moved in9,543
Moved out7,317
Net+2,226

Where people come from and where they go, top counties

Within Texas, other states or abroad

Arrivals
Leavers
Within TexasOther states

Income per tax return

Arrivals$78K
Leavers$63K

People on tax returns who moved between counties, from IRS migration data, 2022 to 2023. Figures are for all of Grayson County; flows under 20 returns are not published.

Who moves here
8.6% of residents arrived from another county in the past year, 1.7% from another state. County figure.
Who arrives and who leaves
Households moving into Grayson County report $78,400 a year in income on average; those leaving, $63,200, so newcomers earn more than leavers.
Income you would need
$30,500 a year to rent the median home at the 30% line. From your city
Rent or buy
Median rent is $763 a month; owners with a mortgage pay $1,412 a month including taxes and insurance, on a median home of $175,500.
Getting to work
25 minutes each way on average; 22.1% work from home.
If it is close but not quite
Hernando, FL matches it on character. Compare the two
Net movers per 1,000 people6
19.2
above the median place (median -0.6)
Moved here in the past year1
8.6%
51% above the median place
Income of households moving out6
$63,154
10% below the median place
All 5 moving measures
MeasureSherwood ShoresAmong 6,645 placesVs median
Moved here in the past year1County figure8.6%51% above
Moved from another state1County figure1.7%14% below
Net movers per 1,000 people6County figure19.2above (median -0.6)
Income of households moving in6County figure$78,40711% above
Income of households moving out6County figure$63,15410% below
02

What it costs to live here

Renters paying 30%+ is 0.0%, below the median place (median 50.6%).

Sherwood Shores29.5%
Typical place20.4%

Share of the median household income that goes to the median rent. Above 30% is the usual stress line.

Income needed to rent
$30,520
a year, at the 30% line
Rent to income
29.5%
45% above the median place
Home price to income
5.7x
49% above the median place

Could you afford it?

The median rent would take
30%
just under the 30% line
Left after rent, in US prices
$23,100
a year
Vs the typical household here
Same
as the median household

Uses the median rent in Sherwood Shores, $763 a month, and local prices for everything else (94.7 against a US average of 100). It runs in your browser and stores nothing.

Moving from somewhere else? Work out the salary you would need in Sherwood Shores.

Sponsored · exampleMoving to Sherwood Shores? Compare quotes from licensed movers. No partner is signed yet. Sponsored offers are always labelled and never change the data.
Renters paying 30%+1
0.0%
below the median place (median 50.6%)
Vacant homes1
51.9%
above the median place (median 7.1%)
Homeownership1
96.4%
45% above the median place
All 15 cost and housing measures
MeasureSherwood ShoresAmong 6,645 placesVs median
Median gross rent1$76344% below
Rent to income129.5%45% above
Property tax rate11.0%12% above
Home price to income15.7x49% above
Prices vs US average2Metro figure93.87% below
Fair market rent, 2 bedrooms3County figure$1,39514% below
Property tax paid (median)1$1,79545% below
Median home value1$175,50045% below
Home prices, 1-year change4County figure1.1%67% below
Home prices, 5-year change4County figure56.5%10% above
Homeownership196.4%45% above
Renters paying 30%+10.0%below (median 50.6%)
Owner costs with a mortgage1$1,41225% below
Vacant homes151.9%above (median 7.1%)
Median year built119931% above
03

Work and pay

Commutes by transit is 0.0%, below the median place (median 0.8%).

Commutes by transit1
0.0%
below the median place (median 0.8%)
Median household income1
$31,000
61% below the median place
Works from home1
22.1%
77% above the median place
All 10 work and pay measures
MeasureSherwood ShoresAmong 6,645 placesVs median
Median household income1$31,00061% below
Income per person1$39,7501% below
Unemployment1County figure3.1%36% below
Average annual pay5County figure$60,7258% below
Pay growth, 1 year5County figure4.2%14% above
Jobs5County figure52,99865% below
Poverty rate1County figure11.2%4% above
Mean commute125 min0% above
Works from home122.1%77% above
Commutes by transit10.0%below (median 0.8%)
04

Who lives here

Median age is 61.8, 58% above the median place.

Median age1
61.8
58% above the median place
Household size1
2.0
20% below the median place
Homes with broadband1
84.9%
8% below the median place

More about who lives here, against the typical place

No health insurance14.1% 2.2×
High school or higher82.7% −10%
Bachelor's or higher17.5% −46%
All 8 people measures
MeasureSherwood ShoresAmong 6,645 placesVs median
Population18306646th largest
Median age161.858% above
Bachelor's or higher117.5%46% below
High school or higher182.7%10% below
Household size12.020% below
Born abroad1County figure7.7%12% below
No health insurance114.1%120% above
Homes with broadband184.9%8% below
05

Life in Sherwood Shores

9 sites are on the National Register of Historic Places.

Businesses per 10,000 residents (county figures)

Restaurants and bars15.9 −24%
Shops31.8 +5%
Arts, recreation and fitness2.8 −32%
Doctors' offices and clinics21.3 +5%
Child care centers1.7 −26%

Counts businesses with paid staff, so small owner-run shops are not included.

Restaurants and bars per 10k7
15.9
24% below the median place
Child care centers per 10k7
1.7
26% below the median place
Arts, recreation and fitness per 10k7
2.8
32% below the median place
All 9 schools and local life measures
MeasureSherwood ShoresAmong 6,645 placesVs median
Public schools9County figure63above (median 9)
Public school students9County figure25,915above (median 4,897)
Students per teacher9County figure13.413% below
Restaurants and bars per 10k7County figure15.924% below
Shops per 10k7County figure31.85% above
Arts, recreation and fitness per 10k7County figure2.832% below
Doctors' offices and clinics per 10k7County figure21.35% above
Child care centers per 10k7County figure1.726% below
National Register listings8County figure931% below
06

Safety, weather and risk

July average high is 94°F, 8% above the median place.

No crime figure yet. Either the city police department did not report to the FBI for the latest year, or our monthly fetch has not reached Sherwood Shores. Larger places are fetched first.

July average high10
94°F
8% above the median place
Average temperature10
64°F
16% above the median place
Natural hazard risk11
80.3
13% below the median place
All 9 weather and risk measures
MeasureSherwood ShoresAmong 6,645 placesVs median
July average high10County figure94°F8% above
January average low10County figure33°F32% above
Average temperature10County figure64°F16% above
Annual precipitation10County figure41.4 in5% below
Natural hazard risk11County figure80.313% below
Hurricane risk11County figure53.325% below
Tornado risk11County figure92.914% above
Wildfire risk11County figure86.041% above
Heat wave risk11County figure92.73% above
08

Sherwood Shores in 2030: where the trends point

If recent trends hold, the median rent will take about 32% of the median income in 2030, up from 30% now.

Citytistics projections to 2030: each figure's own trend, blended with the typical trend across the places we rate, eased toward long-run US growth and carried forward from the latest release. The range is where 80% of places landed when we tested the same method on past releases.

MeasureLatest2030 projectionLikely rangeAvg. per year
Median rent$763/mo (2022)$1,040/mo$830 to $1,310/mo+4.0%
Median household income$31,000 (2023)$39,500$32,500 to $47,000+3.4%
Median home value$175,500 (2024)$267,000$194,000 to $368,000+7.3%

The median home would be worth 6.8 years of the median income in 2030, against 5.7 now.

A projection of recent trends, not a prediction of the economy or advice to buy or sell. How we project.

09

Places like Sherwood Shores

The closest matches on income, rent, home value, education and age, and the places nearby.

PlaceRentIncome
Hernando, FL$964$43,076Compare
Inverness, FL$975$43,523Compare
Zephyrhills South, FL$926$42,454Compare
Hudson, FL$1,044$51,513Compare
Hudson, FLZephyrhills South, FLInverness, FLHernando, FLSherwood Shores, TXSherwood ShoresHernandoInvernessZephyrhills SouthSherwood ShoresHernandoInvernessZephyrhills South

Common questions

Is Sherwood Shores a good place to live?

It depends on what you need, so here is what the numbers say. After the median rent, and with prices for everything else adjusted to the US average, the median household has about $23,100 a year left, less than in 99% of the 1,875 places under 10,000 people we track. It is the 2nd-lowest of 329 Texas places. Only 0% of renter households spend 30% or more of income on rent, a lower share than in 98% of places its size. It is the lowest of 379 Texas places. See how it ranks with your own weights.

Is Sherwood Shores expensive to live in?

The median rent takes 29.5% of the median household income, against 20.4% in the typical place we track. Housing is a heavier load here than usual. The median home is valued at $175,500.

What salary do you need to live in Sherwood Shores?

To rent the median home without spending more than 30% of income on rent, a household needs about $30,520 a year. Work it out from your current city.

What places are similar to Sherwood Shores?

On income, rent, home value, education and age, the closest matches are Hernando, FL, Inverness, FL, Zephyrhills South, FL and Hudson, FL.

Sources and methods

The small numbers beside each measure point here. Every dataset is public; links go to the publisher.

  1. American Community Survey 5-year estimates · US Census Bureau · 2020 to 2024 estimatesTables B01002, B01003, B05002, B07003, B08013, B08301, B15003, B17001, B19013, B19301, B23025, B25002, B25003, B25010, B25035, B25064, B25070, B25077, B25088, B25103, B28002, S2701
  2. Regional Price Parities · US Bureau of Economic Analysis · Latest release, retrieved 2026-11-14
  3. Fair Market Rents · US Department of Housing and Urban Development · Fiscal year 2027
  4. House Price Index · Federal Housing Finance Agency · Latest release, retrieved 2026-11-14
  5. Quarterly Census of Employment and Wages · US Bureau of Labor Statistics · 2025 annual averages
  6. SOI Tax Stats, county-to-county migration · Internal Revenue Service · Tax years 2022 to 2023Counts tax returns and the people on them; flows under 20 returns are suppressed.
  7. County Business Patterns · US Census Bureau · 2023 data
  8. National Register of Historic Places · National Park Service · Listings through 2026-05-22
  9. Common Core of Data · National Center for Education Statistics · 2024 release
  10. 1991-2020 climate normals · NOAA National Centers for Environmental Information · Series updated 2026-11-05Averages for 1991 to 2020 computed from NOAA's county climate series (nClimDiv).nClimDiv county series
  11. National Risk Index · Federal Emergency Management Agency · Latest release, retrieved 2026-11-14NRI data and maps

Derived by Citytistics from the tables above: rent to income (B25064, B19013); property tax rate (B25103, B25077); home price to income (B25077, B19013).

What stands out compares Sherwood Shores with places of a similar size, using only figures measured for Sherwood Shores itself; county and metro figures never count. Survey figures are estimates with margins of error. Formulas and definitions: methodology. API: /api/v1/places/sherwood-shores-texas

Citytistics. “Sherwood Shores, Texas.” Data as of 2026-11-14. https://www.citytistics.com/city/sherwood-shores-texas/

This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.