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2024 Compare Cities Economy:
Sherwood, OR vs Grand Rapids, MN

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Highlights
- Household income in Grand Rapids, is 51% less than it is in Sherwood and is 34% below the National Average.
- Sherwood unemployment rate is 5.4%.
- Grand Rapids unemployment rate is 6.2%.

Economy
 Sherwood, ORGrand Rapids, MNUnited States
 Unemployment Rate5.4%6.2%6.0%
 Recent Job Growth0.9%2.3%1.6%
 Future Job Growth43.8%20.5%33.5%
 Sales Taxes0.0%6.9%6.2%
 Income Taxes9.0%7.1%4.6%
 Income per Cap.$43,887$29,738$37,638
 Household Income$104,651$51,498$69,021
 Family Median Income$123,434$75,426$85,028
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 Est. Households By Income
 Sherwood, ORGrand Rapids, MNUnited States
 Income Less Than 15K3.9%13.0%9.4%
 Income between 15K and 20K1.5%7.3%3.8%
 Income between 20K and 30K2.8%10.1%8.1%
 Income between 30K and 40K2.6%8.3%8.0%
 Income between 40K and 50K5.7%9.9%7.6%
 Income between 50K and 60K5.8%8.1%7.2%
 Income between 60K and 75K8.9%11.1%9.6%
 Income between 75K and 100K16.3%12.5%12.8%
 Income between 100K and 150K21.8%11.9%16.3%
 Income between 150K and 200K12.9%4.5%7.8%
 Income greater than 200K17.7%3.4%9.5%
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 Population By Occupation
 Sherwood, ORGrand Rapids, MNUnited States
 Management, business, finance24.0%7.3%16.4%
 Engineering, computers, science8.8%3.4%6.5%
 Community, social services1.4%2.0%1.8%
 Legal1.1%2.1%1.2%
 Education, library5.8%7.9%6.2%
 Arts, design, media, sports, entertainment2.6%1.4%2.0%
 Healthcare practitioners and technology7.6%7.0%6.2%
 Healthcare support1.5%4.6%3.3%
 Firefighters, law enforcement0.6%0.9%2.1%
 Food preparation, serving4.7%9.3%5.4%
 Building maintenance0.5%6.4%3.6%
 Personal care1.3%2.6%2.6%
 Sales, office, administrative support25.6%22.4%20.9%
 Farming, fishing, forestry0.3%0.3%0.6%
 Construction, extraction, maintenance/repair3.7%8.5%8.1%
 Production, transportation, material moving10.5%13.8%13.1%

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Reviews for Sherwood    3 Reviews

Over 8 years ago

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Over 8 years ago

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Over 17 years ago

Sherwood city council has started a huge water project to support an anticipated growth from 16000 to 30000; they will use the water from a treatment plant on the  More

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Reviews for Grand Rapids    2 Reviews

Over 14 years ago

I have lived in Grand Rapids my entire life. (43 years) I always feel safe here. We don't lock our house when we leave during the day. We only lock it at night. My  More

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Grand Rapids is my hometown being born here in 1961. Here's the long and short of it. I love it in the summer. I hate the winter. Winters are long, gray and hard.   More

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ZIPS IN SHERWOOD, OREGON
97140
ZIPS IN GRAND RAPIDS, MINNESOTA
55744

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