Zip 97140 (Sherwood, OR) Economy


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Sherwood, OR 97140 is a city located in Washington County, Oregon. It is just 20 miles from Portland and home to about 21,000 people. It has a small-town feel with a range of businesses and attractions catering to both locals and visitors. The 2 bedroom rent in Sherwood is on average $2,270 per month compared to the US average of $1,430. Grocery Cost Index in Sherwood is 103 versus 100 in the US. Popular local companies include Avamere Health Services, Barberry Ridge LLC., Laverica Technology Solutions and Providence Health & Services. There are plenty of things to do around Sherwood such as visiting the Old Town Park & Plaza for shopping, dining and entertainment or taking in the sights at nearby Tualatin River National Wildlife Refuge. The city also offers an array of parks and trails including Jasper State Natural Area and Edy Ridge Trailhead Park for outdoor activities like hiking, biking and camping!

Sherwood (zip 97140) has an unemployment rate of 5.4%. The US average is 6.0%.

Sherwood (zip 97140) has seen the job market increase by 0.9% over the last year. Future job growth over the next ten years is predicted to be 43.8%, which is higher than the US average of 33.5%.

Tax Rates for Sherwood (zip 97140)
- The Sales Tax Rate for Sherwood (zip 97140) is 0.0%. The US average is 7.3%.
- The Income Tax Rate for Sherwood (zip 97140) is 9.0%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.

Income and Salaries for Sherwood (zip 97140)
- The average income of a Sherwood (zip 97140) resident is $36,026 a year. The US average is $28,555 a year.
- The Median household income of a Sherwood (zip 97140) resident is $114,028 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomySherwood, OregonUnited States
  5.46
  -4.8%-6.2%
  43.8%33.5%
  0.0%6.2%
  9.0%4.6%
  $45,489$37,638
  $114,028$69,021
  $132,589$85,028
  Population by Occupation
  1.5%1.2%
  0.0%0.5%
  6.4%6.8%
  15.9%10.0%
  3.0%2.5%
  11.8%11.0%
  4.0%4.8%
  0.7%0.8%
  1.5%1.9%
  5.8%4.7%
  3.7%1.9%
  9.6%7.6%
  0.5%0.1%
  2.3%4.2%
  7.4%9.3%
  13.8%14.0%
  2.5%2.1%
  4.3%7.0%
  2.4%4.8%
  3.1%4.7%
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