| | Sherwood, WI | Oconomowoc, WI | United States |
| Population | 3,202 | 17,969 | 329,725,481 |
| Female Population | 48.8% | 51.2% | 50.5% |
| Male Population | 51.3% | 48.8% | 49.5% |
| Median Age | 43.8 | 40.7 | 38.4 |
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| Population - 2010 | 2,718 | 15,817 | 309,327,143 |
| Population - 2000 | 1,550 | 12,382 | 285,036,114 |
| Population - 1990 | 837 | 10,993 | 251,960,433 |
| Pop. 2000 to Now | 96.1% | 38.6% | 15.6% |
| Pop. 1990 to Now | 263.2% | 56.1% | 30.8% |
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| Population Density | 925.2 | 1,548.7 | 93.4 |
| Land Area | 3.5 | 11.6 | 3,531,905.4 |
| Water Area | 0.1 | 0.7 | 264,836.8 |
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| Est. Total Population By Age | | | |
| | Sherwood, WI | Oconomowoc, WI | United States |
| Age 0 to 4 | 5.6% | 5.5% | 5.9% |
| Age 5 to 9 | 5.8% | 7.6% | 6.1% |
| Age 10 to 14 | 8.7% | 6.7% | 6.6% |
| Age 15 to 17 | 5.1% | 3.6% | 3.9% |
| Age 18 to 20 | 3.4% | 2.8% | 4.0% |
| Age 21 to 24 | 3.2% | 5.8% | 5.2% |
| Age 25 to 34 | 8.2% | 10.2% | 13.8% |
| Age 35 to 44 | 12.1% | 12.2% | 12.9% |
| Age 45 to 54 | 17.9% | 14.3% | 12.6% |
| Age 55 to 59 | 8.8% | 8.0% | 6.7% |
| Age 60 to 64 | 7.6% | 6.6% | 6.3% |
| Age 65 to 74 | 10.1% | 9.9% | 9.6% |
| Age 75 to 84 | 2.8% | 4.5% | 4.5% |
| Age 85 and over | 0.7% | 2.3% | 1.9% |
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| Race | | | |
| | Sherwood, WI | Oconomowoc, WI | United States |
| White | 98.1% | 93.9% | 59.4% |
| Black | 0.0% | 1.7% | 12.2% |
| Asian | 0.0% | 0.4% | 5.6% |
| Native American | 0.1% | 0.3% | 0.6% |
| Hawaiian, Pacific Islander | 0.0% | 0.0% | 0.2% |
| Other | 0.3% | 0.1% | 0.4% |
| Two or More Races | 0.9% | 1.1% | 3.2% |
| Hispanic | 0.6% | 2.6% | 18.4% |
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| Marriage & Family | | | |
| | Sherwood, WI | Oconomowoc, WI | United States |
| Married Population | 71.2% | 55.3% | 49.8% |
| Currently Married | 70.7% | 53.8% | 48.0% |
| Married but Separated | 0.5% | 1.5% | 1.8% |
| Single Population | 28.8% | 44.7% | 50.2% |
| Never Married | 21.4% | 26.4% | 33.8% |
| Divorced | 4.3% | 11.9% | 10.8% |
| Widowed | 3.2% | 6.4% | 5.6% |
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| Household Size | 2.69 | 2.41 | 2.60 |
| Households | 1,191 | 7,391 | 124,010,992 |
| Family Households | 991 | 4,580 | 80,755,759 |
| Married couple, w/children | 39.7% | 38.7% | 30.5% |
| Married couple, no children | 50.5% | 42.3% | 42.9% |
| Non Family Households | 200 | 2,811 | 43,255,233 |
| Single householder, w/children | 7.3% | 9.1% | 15.8% |
| Single householder, no children | 2.6% | 9.8% | 10.8% |