Sherwood Acres: A Midland Pocket With Room to Settle In

About Sherwood Acres

Sherwood Acres feels like the kind of Midland neighborhood where people put down roots and actually stay awhile. In the 79706 ZIP code area, homeownership runs high at 79.6%, and you feel that pride of ownership in the way residents treat their properties and look out for the block. The pace is classic West Texas residential: mornings start early, afternoons run hot in summer, and evenings are when folks finally step outside, check the mailbox, and catch up with neighbors.

From a real estate perspective, this part of Midland has a strong “move-up” profile. The average home value sits around $316,400, which puts Sherwood Acres in a comfortable middle band for buyers who want space without jumping into luxury pricing. With a median household income of $108,059 in the surrounding ZIP code, you see the practical side of the neighborhood too: people here tend to make decisions that support long-term stability, whether that’s choosing a home they can grow into or prioritizing predictable monthly costs.

Sherwood Acres also reflects Midland’s modern workforce patterns. In the 79706 area, 79.3% of commuters drive alone, so most day-to-day routines are built around getting in the car for school drop-offs, errands, and work. Work-from-home is relatively uncommon at 2.8%, which gives the neighborhood a familiar weekday rhythm: quieter mid-mornings, busier late afternoons, and a noticeable pickup of activity as people return home.

What makes the community feel especially Midland is its blend of backgrounds and ages. The median age is 35.6, and with 21.1% of residents under 18, there’s a steady presence of kids and teens shaping the neighborhood’s energy. The broader 79706 area is notably diverse, with 48.6% Hispanic and 44.9% White residents, so you’ll see a mix of traditions and everyday routines living side-by-side.

Sherwood Acres fits best for buyers and renters who want a grounded, residential place in Midland ISD, where the norm is owning, maintaining, and improving a home over time—and where the neighborhood’s identity is built more on stability and familiarity than on constant turnover.

Living in Sherwood Acres Day to Day

Life in Sherwood Acres is shaped by the practical realities of Midland: you drive for most errands, you plan around school and work schedules, and you value a home that can handle real living. In the 79706 area, 13,286 housing units support a solid owner-occupied base, with about 72.0% owner-occupied and 18.4% renter, so the streets tend to feel settled rather than transient. That same stability shows up in the neighborhood’s age mix, with a median age of 35.6 and a meaningful share of households raising kids.

Housing costs are one of the big “quality of life” levers here. With an average home value of $316,400 and a matching median home value of $316,400 for the ZIP code, Sherwood Acres lands in a range that many Midland buyers can still target without feeling priced out. Rentals exist, but the numbers suggest ownership dominates, and the median gross rent of $1,247 a month gives a sense of what tenants are typically paying in the surrounding area.

Daily routines in Sherwood Acres skew car-based, and that’s not a drawback so much as a local norm. When nearly 4 out of 5 commuters in the area drive alone, most families build a rhythm around quick morning departures and after-school pickups, with weekends dedicated to the errands you batch up during the week. The neighborhood’s cost picture supports that lifestyle too. The overall cost of living index sits at 91.9 compared to a national benchmark of 100, so many households experience Midland as generally less expensive than the U.S. average, especially when it comes to the housing index of 66.7.

Sherwood Acres also connects to Midland through Midland ISD, which matters to buyers watching school zones and long-term resale. The surrounding area’s college attainment rate, with 22.3% holding a bachelor’s degree or higher, points to a community of mixed career paths and educational backgrounds—another reason the neighborhood reads as balanced rather than narrowly defined.

The final piece of everyday living is financial predictability. The combined estimated property tax rate is 1.3109 per $100 valuation, which becomes a real part of the monthly budget conversation for owners. Many households weigh that against Texas’s no state income tax structure and the area’s below-average housing cost index. The result is a neighborhood where people tend to focus on practical value: a place to live comfortably, keep a routine, and build equity over time.

Everyday Amenities Around Sherwood Acres

Sherwood Acres is set up for the kind of Midland living where you hop in the car and handle your day in efficient loops. Because driving alone is the dominant commute pattern in the 79706 area at 79.3%, most residents naturally organize errands, school runs, and dinners out around easy, direct routes rather than long, multi-stop detours.

The neighborhood’s biggest “amenity” advantage is how manageable the overall cost structure feels for many households. With the area’s overall cost of living index at 91.9 compared to the U.S. average of 100, residents often find that typical weekly expenses sit a bit lower than what they’d expect nationally. The housing index of 66.7 especially reinforces that sense that home costs stretch further here, which can free up room in the budget for weekend outings, youth activities, or hosting friends and family at home.

For day-to-day convenience, Sherwood Acres benefits from being part of an active, family-leaning ZIP code where 21.1% of residents are under 18. That demographic reality tends to support the kinds of nearby services families rely on most—school-related routines, quick after-work stops, and the regular cadence of weeknight activities that make a neighborhood feel lived-in.

Neighborhoods Near Sherwood Acres

The Sherwood Acres area sits within Midland’s broader 79706 landscape, where housing and household finances tend to cluster around similar benchmarks. In this part of town, the typical home value around $316,400 creates a consistent “middle market” feel, so nearby areas often share a comparable pace of renovation, ownership pride, and long-term residency.

What most clearly separates pockets around Sherwood Acres is tenure and turnover. With the surrounding ZIP showing 72.0% owner-occupied and 18.4% renter occupancy, blocks that lean more heavily renter can feel more transitional, while the owner-heavy pockets read as more established and routine-driven. If you’re comparing nearby areas, pay attention to how stable the streets feel at different times of day—especially on weekday afternoons when school-age households are most visible.

Demographically, the 79706 area’s mix of 48.6% Hispanic and 44.9% White residents also means nearby neighborhoods can differ in cultural flavor from one pocket to the next. That variety is part of what makes this section of Midland feel layered instead of one-note, even when home values and household incomes are in a similar range.

Local Resources That Serve Sherwood Acres

Sherwood Acres is served by Midland ISD, which is one of the most practical resources to understand if you’re moving into the neighborhood. School routines shape traffic, daily schedules, and even which streets feel busiest at certain times, and being in a single district makes it easier for families to plan around enrollment and campus logistics.

On the public-services side, Sherwood Acres residents fall under Midland County services and the City of Midland’s property tax structure. Homeowners see that reflected directly in their tax bill, with the city rate at $0.3480 per $100 valuation and the county rate at $0.1214 per $100 valuation, before adding the Midland ISD rate of $0.8415. When you’re budgeting for a home in the neighborhood, knowing how those layers combine into an estimated 1.3109 per $100 valuation helps avoid surprises.

For households thinking about long-term stability, the local economic profile supports a steady, working community. With a median household income of $108,059 and per capita income of $45,384 in the 79706 area, many residents are balancing career growth with family routines, which tends to translate into consistent demand for district services, city upkeep, and county support functions.

Frequently Asked Questions About Sherwood Acres

Is Sherwood Acres a good place to live?

Sherwood Acres can be a very good place to live if you want a stable, owner-driven part of Midland with a strong “settled” feel. In the surrounding 79706 area, homeownership is high at 79.6%, and the typical home value sits around $316,400, which many buyers see as a workable entry point into long-term ownership. The neighborhood also matches a family-and-career stage of life, with a median age of 35.6 and 21.1% of residents under 18. Add in a median household income of $108,059, and you get a picture of households investing in their homes and routines.

Is Sherwood Acres safe?

Specific crime statistics weren’t provided, so it’s not possible to quantify safety from the data here. That said, Sherwood Acres benefits from characteristics that often correlate with a watchful, community-minded environment, including a high 79.6% homeownership rate in the area and a large share of households putting down roots. Neighborhoods with this level of ownership typically have more consistent neighbor-to-neighbor familiarity, which can support informal “eyes on the street” habits. If safety is a top concern, it’s smart to visit at different times of day, talk with nearby residents, and ask a local agent about street-by-street reputation within 79706.

How are the schools in Sherwood Acres?

Sherwood Acres is served by Midland ISD. While specific campus names and school ratings weren’t provided in the data, district assignment still matters for day-to-day life because school routines influence traffic patterns and neighborhood rhythms. The 79706 area’s demographics also suggest many households are actively engaged with local schools, with 21.1% of residents under 18. If you’re moving with children, the most important next step is confirming the exact attendance boundaries for your address in Sherwood Acres and touring the assigned campuses through Midland ISD so you can match programs and expectations to your family’s needs.

What is the cost of living in Sherwood Acres?

Sherwood Acres sits in a part of Midland where the overall cost picture is often better than the national baseline. On the cost of living index where 100 equals the U.S. average, the all-items index is 91.9, meaning typical expenses trend lower than the national norm. Housing is the standout, with a housing index of 66.7, while goods at 93.7 and utilities at 95.2 also come in under 100, suggesting modest savings compared to many U.S. markets. Property taxes are a meaningful part of the monthly budget. The City of Midland property tax rate is $0.3480 per $100 valuation, Midland County is $0.1214 per $100 valuation, and Midland ISD is $0.8415 per $100 valuation. Together, that adds up to a combined estimated property tax rate of $1.3109 per $100 valuation. Many households weigh those local taxes against the fact that Texas has no state income tax, which can help offset overall cost of living depending on your income and housing choice.

Is Sherwood Acres good for families?

Sherwood Acres works well for many families largely because the surrounding 79706 area is already family-present, with 21.1% of residents under 18 and a median age of 35.6. That usually translates into neighborhood routines built around school schedules and kid-centered weekends. The area’s high homeownership rate of 79.6% can also be a plus for families looking for neighbor consistency year to year. And with home values around $316,400 and a median household income of $108,059, many households are positioned to buy and stay, which tends to support long-term friendships and a familiar community feel.

What is Sherwood Acres known for?

Specific landmark names and signature destinations weren’t provided in the data, so it wouldn’t be accurate to claim particular parks, restaurants, or corridors define Sherwood Acres. What this neighborhood is known for in practical terms is its stable, ownership-heavy character within Midland’s 79706 ZIP code. With 79.6% homeownership and a typical home value around $316,400, it reads as a place where people buy, personalize their homes, and build routines over time. The area’s cultural mix—48.6% Hispanic and 44.9% White—also gives the neighborhood a distinctly Midland identity that reflects the city’s broader West Texas blend.

What are things to do near Sherwood Acres?

Named restaurants, parks, and entertainment venues weren’t included in the provided data, so it’s not possible to accurately point you to specific spots right around Sherwood Acres. What is clear is how residents typically use the area: with 79.3% of commuters driving alone, most people access dining, shopping, and weekend activities by car, making it easy to plan a full afternoon out without needing to stay within walking distance. The cost backdrop can help too—an overall cost of living index of 91.9 and a housing index of 66.7 (with 100 as the U.S. average) often leave households with a bit more flexibility for outings than in higher-cost markets.

What ZIP code is Sherwood Acres in?

Sherwood Acres is in ZIP code 79706. If you’re comparing homes, confirming the address’s ZIP and Midland ISD attendance boundaries is still a smart step.

Interested in Buying or Selling in Sherwood Acres?

If you’re considering Sherwood Acres, a local Midland real estate expert can help you compare streets, evaluate tax impacts at the current estimated 1.3109 rate, and spot value in homes priced around the area’s $316,400 benchmark. Reach out when you’re ready, and we’ll map out a plan that fits your timeline and budget.