What is the median household income in Lake Sherwood CDP?

The median household income in Lake Sherwood CDP is $244,239, according to the U.S. Census Bureau ACS 5-Year Estimates (2023).

What is the poverty rate in Lake Sherwood CDP?

The poverty rate in Lake Sherwood CDP is 1.3%, according to the U.S. Census Bureau ACS 5-Year Estimates (2023).

What is the median home value in Lake Sherwood CDP?

The median home value in Lake Sherwood CDP is $2,000,001, according to the U.S. Census Bureau ACS 5-Year Estimates (2023).

What is the unemployment rate in Lake Sherwood CDP?

The unemployment rate in Lake Sherwood CDP is 5.0%, according to the U.S. Census Bureau ACS 5-Year Estimates (2023).

Lake Sherwood CDP, California

City

Population: 1,515 (2023 estimate)

Located in California , California

Census Bureau data for Lake Sherwood CDP from the American Community Survey. "Cities" in Census data include incorporated places, towns, villages, and census-designated places (CDPs) — all places where the Census collects community-level estimates.

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Data: U.S. Census Bureau, ACS 5-Year Estimates, 2023 (released December 2024).

Quick Facts — Lake Sherwood CDP

What is the median household income in Lake Sherwood CDP?: The median household income in Lake Sherwood CDP is $244,239 (U.S. Census Bureau ACS 5-Year Estimates, 2023).
What is the poverty rate in Lake Sherwood CDP?: The poverty rate in Lake Sherwood CDP is 1.3% (U.S. Census Bureau ACS 2023).
What is the median home value in Lake Sherwood CDP?: $2,000,001 (U.S. Census Bureau ACS 2023).
What percentage of Lake Sherwood CDP residents have a college degree?: 70.1% of adults in Lake Sherwood CDP hold a bachelor's degree or higher (U.S. Census Bureau ACS 2023).

Population

1,515

Median Income

$244,239

Median Home Value

$2,000,001

Poverty Rate

1.3%

Unemployment (ACS 2023)

5.0%

Median Age

54.0 yrs

Since 2019 Median Income: $-5,762 (-2.3%) Home Value: +$170,001 (+9.3%) Bachelor's+: -4.0 pp (-5.4%) Unemployment: +0.5 pp (+11.1%)

Demographics

Total Population 1,515

Median Age 54.0

Female 55.0%

Race & Ethnicity

Hispanic or Latino 7.0% White (non-Hisp.) 75.6% Asian 12.3% Two or More 10.8%

Asian Subgroups (% of total pop.)

Chinese

8.4%

Korean

1.7%

Japanese

0.9%

Filipino

0.7%

Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023

Income & Poverty

Median Household Income $244,239 ±$39,643

+$147,905 vs. state

Per Capita Income $353,503

Median Family Income $250,001

Poverty Rate 1.3%

-7.1 pp vs. state

Child Poverty Rate 0.0%

Working-Age Poverty Rate —

SNAP Recipients 1.0%

Social Security Income —

Retirement Income 22.7%

Household Income Distribution

< $10k

1.0%

$15–25k

4.5%

$25–35k

1.9%

$35–50k

6.1%

$50–75k

1.4%

$75–100k

3.0%

$100–150k

11.8%

$150–200k

9.5%

$200k+

60.8%

Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023

Housing

Total Housing Units 664

Owner-Occupied 88.2%

Renter-Occupied 11.8%

Vacancy Rate 13.3%

Median Home Value $2,000,001

+$1,304,601 vs. state

Median Gross Rent —

Owner Cost Burden (30%+) 33.0%

Renter Cost Burden (30%+) 22.2%

Home Value Distribution

< $50k

5.3%

$200–300k

4.5%

$500k–$1M

2.4%

$1M+

87.8%

Vehicle Availability

1 vehicle

9.4%

2 vehicles

36.3%

54.3%

Housing Type

Single-fam. det.

88.0%

Single-fam. att.

8.7%

Housing Age

Pre-1940

6.5%

1940–1969

1.2%

1970–1999

3.6%

2000–2009

20.6%

2010+

19.4%

Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023

Education

High School or Higher 97.7%

Bachelor's or Higher 70.1%

+33.6 pp vs. state

Graduate Degree 45.4%

Some College / Associate 16.1%

Less Than High School 0.0%

Enrolled in School —

Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023

Employment

Labor Force Participation 50.6%

Unemployment Rate 5.0%

-1.4 pp vs. state

Work from Home 25.5%

Self-Employed 13.0%

Government Workers 10.0%

Private For-Profit 71.3%

Industry

Edu/Health

32.3%

Finance

28.7%

Prof. Services

13.8%

Arts/Entmt.

7.9%

Construction

7.0%

Retail

3.6%

Wholesale

2.8%

Manufacturing

1.7%

Public Admin

0.9%

Occupation

Management

80.7%

Sales

13.3%

Production

3.2%

Food Prep

2.8%

Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023

Commute

Median Travel Time 25.6 min

Drove Alone 68.3%

Carpool 6.2%

Public Transit 0.0%

Work from Home 25.5%

Walked 0.0%

Bicycle —

Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023

Households & Families

Total Households 576

Avg. Household Size 2.00

Avg. Family Size —

Married-Couple Households 73.3%

Single-Mother Households —

Single-Father Households —

Living Alone —

Households with Children 18.8%

Multigenerational —

Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023

Age Distribution

Under 5

0.9%

5–9

1.8%

10–14

8.4%

15–19

5.8%

20–24

4.0%

25–34

6.9%

35–44

8.5%

45–54

14.5%

55–64

13.8%

65–74

9.2%

75–84

16.0%

85+

7.5%

Under 18: 13.4% Working age (18–64): 86.6% 65 and over: 26.2%

Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023

Social Characteristics

Immigration

Foreign Born 14.1%

Naturalized Citizen 87.8%

Speaks English Less Than Very Well 1.5%

Foreign-Born Origin

Asia

79.3%

Europe

7.5%

Latin America

5.6%

Africa

4.7%

Veterans & Disability

Veteran 1.6%

With a Disability 3.9%

Cognitive Difficulty —

Ambulatory Difficulty —

Health Insurance

Insured 97.8%

Uninsured 2.2%

Employer Insurance —

Medicaid —

Medicare —

Technology & Mobility

Broadband Internet 97.2%

Has a Computer 100.0%

Same House 1 Year Ago 89.2%

Moved from Abroad 0.0%

Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023

Compare Lake Sherwood CDP

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Trends 2017–2023

Income Poverty Home Values Rent Homeownership Education Unemployment Commute Time Work From Home Foreign-Born Uninsured