Neighborhood in Austin, Travis County

Living in Sherwood Oaks, Austin

A-

58th of 206areas in Austin
Overall score 84 of 100 vs Texas neighborhoods
Austin overall: B-

Sherwood Oaks is a neighborhood in Austin, TX, home to about 1,400 people. It gets an A-, in the top 20% of Texas neighborhoods, and ranks 58th of 206 areas we score in Austin. It does best on education levels and worst on cost of living.

  • Pricey
  • Well connected
  • Short commutes
  • Lots of parks
  • Tornado risk is very high
  • Hail risk is very high

Closest everyday places

Grocery store0.5 mi
Pharmacy0.5 mi
Parkunder 0.1 mi
Cafe0.3 mi
Restaurant0.3 mi
Gym0.6 mi
Hospital or urgent care1.0 mi
Childcare0.8 mi
Library0.2 mi

Straight-line distance from the middle of where people live. Overture Maps.

Population
1,370
Median rent
$2,020
Median home value
$771,000
Household income
$130,700
Average commute
16 min
Homes owned
28%
Loading map

What it's like to live in Sherwood Oaks

Sherwood Oaks is a neighborhood in Austin with about 1,400 residents, homes built around 1970, mostly rented (72% of homes) and 1% of households with children.

It grades A- against every neighborhood in Texas and ranks 58th of 206 areas in Austin, which grades B- overall.

Pros of living in Sherwood Oaks

  • Higher incomes. The median household earns $130,700, 40% higher than the Austin median.
  • Groceries close by. The nearest grocery store is about 0.5 miles from the middle of the neighborhood.
  • Parks within walking distance. The closest park is about under 0.1 miles away.

Cons of living in Sherwood Oaks

  • Pricier rent than the city. Median rent is $2,020, 17% higher than the Austin median.
  • Natural hazard risk. FEMA rates the risk of tornadoes and hail as very high in this part of town.

Sherwood Oaks report card

Each grade compares Sherwood Oaks with every neighborhood in Texas. Safety is not graded for single neighborhoods because police report crime for the whole city.

  • Cost of living: grade D+

    Median rent $2,020, homes cost 5.9x income.

    28 of 100 vs TX areas

  • Jobs and income: grade A

    Median household income $130,700, 0.7% unemployed.

    88 of 100 vs TX areas

  • Schools: grade C-

    Nearby schools average 77 of 100 on the state rating.

    35 of 100 vs TX areas

  • Safety: no grade

    Citywide, 422 violent crimes per 100k, 3,099 property crimes per 100k.

    No score vs TX areas

  • Errands and things to do: grade B+

    Most everyday stores and services within a mile of homes.

    76 of 100 vs TX areas

  • Getting around: grade A

    Average commute 16 min, 48% work from home.

    89 of 100 vs TX areas

  • Education levels: grade A+

    76% have a bachelor’s degree.

    98 of 100 vs TX areas

  • Health: grade C

    13% of adults uninsured.

    42 of 100 vs TX areas

  • Home ownership: grade C+

    28% of homes owner-occupied.

    50 of 100 vs TX areas

  • Internet access: grade A

    100% of homes have broadband.

    91 of 100 vs TX areas

Sherwood Oaks compared with Austin

Better than Austin

  • Adults with a bachelor's degree or higher: 76%17 points higher than Austin (60%)
  • Median household income: $130,70040% higher than Austin ($93,658)
  • Renters paying 30%+ of income on rent: 34%13 points lower than Austin (48%)

Worse than Austin

  • Homes owned by the people living in them: 28%15 points lower than Austin (43%)
  • Median rent: $2,02017% higher than Austin ($1,729)
  • Workers who walk, bike or take transit: 2.8%2 points lower than Austin (5.3%)

Closest public schools

Texas Education Agency 2025 ratings. Check the attendance zone for any address with the district.

  • BTravis Hts ElementaryElementary, Austin ISD0.6 mi
  • CLively MiddleMiddle, Austin ISD0.7 mi
  • CTravis Early College High SchoolHigh, Austin ISD0.2 mi

Cost of living in Sherwood Oaks

Median rent in Sherwood Oaks is $2,020 a month, 17% higher than the Austin median. A household would need about $81,000 a year to keep that rent at 30% of income.

The median home is worth $771,000, 39% higher than the Austin median, which means a monthly payment of about $4,975 with property tax at today's mortgage rates.

MeasureHereAustinTexas
Median rent17% higher than Austin$2,020$1,729$1,403
Median home value39% higher than Austin$771,000$555,300$283,800
Home value to incomeAbout the same as Austin5.9x5.9x3.6x
Renters paying 30%+ of income on rent13 points lower than Austin34%48%52%
Homes owned by the people living in them15 points lower than Austin28%43%63%
Vacant homes6 points lower than Austin0%5.6%9.4%
Median year homes were builtAbout the same as Austin197019941992

Monthly cost to buy a median home

$4,975
Mortgage payment
$4,220
Property tax
$755
Median rent, for comparison
$2,020

Based on a $771,000 home in Sherwood Oaks, 20% down and a 30-year loan at 7.28% (Freddie Mac average, week of 2026-10-01). Property tax is the median for the surrounding Census tract, or the county where that is not published. Insurance and fees are not included.

Work, income and getting around

MeasureHereAustinTexas
Median household income40% higher than Austin$130,700$93,658$78,476
Unemployment rate4 points lower than Austin0.7%4.7%5.3%
People below the poverty line7 points lower than Austin4.7%12%14%
Adults with a bachelor's degree or higher17 points higher than Austin76%60%34%
Average commute33% lower than Austin16 min24 min27 min
Workers who work from home17 points higher than Austin48%31%14%
Workers who walk, bike or take transit2 points lower than Austin2.8%5.3%2.6%
Homes with broadband internet6 points higher than Austin100%94%91%

Natural hazard risk

FEMA National Risk Index for the Census tracts in this area.

  • River floodingModerate
  • HurricanesModerate
  • TornadoesVery high
  • HailVery high
  • Heat wavesHigh
  • WildfiresLow
  • Winter stormsLow
  • Strong windModerate

Who lives in Sherwood Oaks

Under 180.7%
18 to 3437%
35 to 6453%
65 and over8.9%
Race and ethnicity
White49%
Hispanic or Latino29%
Black2.0%
Asian3.2%
Other or more than one race16%

Shown for information only. It is never part of any grade.

Other neighborhoods in Austin

  1. 1A+TarrytownMedian rent $3,280
  2. 2A+Glen RidgeMedian rent $1,190
  3. 3A+Appaloosa Run
  4. 4A+Northwest HillsMedian rent $1,900
  5. 4A+Westover HillsMedian rent $1,570
  6. 6A+The GroveMedian rent $1,870
  7. 7A+Violet Crown HeightsMedian rent $1,530
  8. 8A+Old West AustinMedian rent $3,270

Similar neighborhoods in other cities

Areas elsewhere in Texas with the closest mix of grades.

  1. A-Suffolk PlaceMidland
  2. B-Fairways at Legacy TrailsSan Antonio
  3. A-North San Antonio HillsSan Antonio

Questions about Sherwood Oaks

Is Sherwood Oaks a good place to live?

Sherwood Oaks is a neighborhood in Austin, TX, home to about 1,400 people. It gets an A-, in the top 20% of Texas neighborhoods, and ranks 58th of 206 areas we score in Austin. It does best on education levels and worst on cost of living.

How much does it cost to live in Sherwood Oaks?

Median rent in Sherwood Oaks is $2,020 a month, 17% higher than the Austin median. The median home is worth $771,000, 39% higher than the Austin median. A median home costs 5.9x the median household income, compared with 5.9x across Austin.

What schools serve Sherwood Oaks?

The closest rated public schools are Travis Hts Elementary (elementary, rated B), Lively Middle (middle, rated C) and Travis Early College High School (high, rated C). School zones can differ from the closest school, so check with the district.

This area is built from 1 Census block group closest to the Sherwood Oaks name on the map, so its edges are approximate. Sources: US Census Bureau 2020-2024 ACS 5-year, CDC PLACES 2025, Texas Education Agency, FEMA National Risk Index, Overture Maps. How we grade.