Housing costs in Sherwood?
A typical home costs
$148,700, which is 56.0% less expensive than the national average of
$338,100 and 24.5% less expensive than the average Ohio home, at
$197,000. Renting a two-bedroom unit in Sherwood costs
$830 per month, which is 42.0% cheaper than the national average of
$1,430 and 18.1% cheaper than the state average of
$980.
Can I afford Sherwood?
To live comfortably in Sherwood (zip 43556), Ohio, a minimum annual income of
$28,440 for a family, and
$25,200 for a single person is recommended.
What does A.I. say about Sherwood?
The cost of living in 43556 Sherwood, OH is relatively low. The median home value in the area is just under $150,000, which is significantly lower than the national median of $227,025. Additionally, the median household income in Sherwood is approximately $54,000 per year. This figure is slightly below the national average of $60,293 and further helps to keep the cost of living reasonable for residents. Groceries and utilities are both moderately priced compared to other nearby areas, making it an affordable place for families to live.