Cost of Living in Sherwood Manor, CT
Population 5,781 · Connecticut · Data vintage 2023
(100 = US avg)
Sherwood Manor is a smaller Connecticut community of around 6000 residents, where median household incomes of $96,274 and housing costs ($241,000 for a typical home) give the local cost-of-living profile a distinctly small-town shape.
Located 7 miles south of Springfield, Sherwood Manor falls within that metro's commuting orbit. Median home values run roughly 8% higher than Springfield's $223,000.
Cost Overview
Scale: 100 = US national average. Green < 90, Red > 110.
About the Cost of Living in Sherwood Manor
The median home value in Sherwood Manor is $241,100 — 21% below the national median of $305,000. Median rent runs $1,656/month, 26% higher than the national median of $1,314/month. The median household income of $96,274/year is 29% higher than the US median of $74,580. The local unemployment rate is 5.3%, above the national average of 4.8%. Connecticut's top state income tax rate is 7.0% and the combined sales tax is 6.3%. Overall, Sherwood Manor has a cost of living index of 98 versus the US average of 100, meaning it is 2% less expensive.
Sherwood Manor has limited residential data
Detailed housing and income data is limited for this location. Here are the nearest cities with full cost of living data:
🏠 Housing
HUD Fair Market Rents by Bedroom
💰 Estimated Monthly Budget
Estimates based on median data and national averages. Actual costs vary.
🛒 Food & Groceries
National BLS average prices (2023). Local prices may vary.
🚗 Transportation
Commute Mode
⚡ Utilities
📋 Taxes
💼 Income & Employment
🎓 Education
👥 Demographics
Frequently Asked Questions
What is the cost of living in Sherwood Manor, CT?
Sherwood Manor has a cost index of 98 (100 = national average). It is 2% below the national average.
What is average rent in Sherwood Manor, CT?
The median gross rent in Sherwood Manor is $1,656 per month based on 2023 Census data.
What is the average home price in Sherwood Manor?
The median home value in Sherwood Manor is $241,100 according to 2023 Census ACS data.
What is the median income in Sherwood Manor?
The median household income in Sherwood Manor is $96,274 per year (2023 ACS 5-year estimates).
What is the sales tax in Sherwood Manor, CT?
The combined state and local sales tax rate in Sherwood Manor is 6.3%. The Connecticut state income tax top rate is 7.0%.
Is Sherwood Manor, CT affordable?
Sherwood Manor is near the national average in terms of cost of living, with an index of 98 (100 = US average).
Sherwood Manor at a Glance
- Population
- 5,781
- Median Income
- $96,274
- Home Value
- $241,100
- Median Rent
- $1,656/mo
- Unemployment
- 5.3%
- Sales Tax
- 6.3%
Nearby Cities
Explore county-level cost of living data
Connecticut Rankings
Similar Cost Cities
Cities in other states with comparable housing costs