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Sherman Terrace Condominum, Madison,WI

Neighborhood Data
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If you're considering a move to Madison, WI, Sherman Terrace Condominium offers a delightful blend of charm and convenience that makes it a fantastic choice. Nestled in the southeast part of the city, this neighborhood is known for its welcoming community vibe and well-maintained residences. Whether you're a young professional, a growing family, or downsizing, Sherman Terrace provides a comfortable living space with access to a variety of local amenities. Walking around the area, you'll notice tree-lined streets, cozy parks, and a strong sense of neighborhood pride that makes it feel like home right away.

One of the standout features of Sherman Terrace is its proximity to key attractions and everyday conveniences. Residents enjoy quick access to shopping centers, quaint cafes, and a variety of restaurants that cater to diverse tastes. For outdoor enthusiasts, nearby parks offer beautiful green spaces perfect for jogging, picnics, or simply unwinding after a busy day. Families will appreciate the closeness to reputable schools and community centers, creating a supportive environment for children and adults alike. The neighborhood also boasts local events and farmers' markets that foster a close-knit community feel, making it easy to connect with neighbors and enjoy a vibrant social life.

When it comes to accessibility, Sherman Terrace is just a short drive northwest of downtown Madison, allowing residents to enjoy the best of both worlds—peaceful neighborhood living with the excitement of the city close by. Downtown Madison offers a bustling array of cultural attractions, theaters, museums, and a lively nightlife scene, all within easy reach. Commuting is a breeze, whether you work downtown or want to explore the city's many festivals and events. Overall, Sherman Terrace Condominium combines a peaceful residential atmosphere with prime access to everything that makes Madison such a great place to live.

Community Snapshot

Population 275
Density (People/sqml.) 17,194
Median Age 29.9
Married Couples
24%
24% of the population of Sherman Terrace Condominum aged 16 years and older are married.
Have Kids
13%
13% of the population aged 16 years or older have children.

About 24% of the Sherman Terrace Condominum population aged 16 and older are married, which is notably lower than average. This could suggest a community with a younger, more transient population—perhaps made up of students, professionals, or renters. It may also reflect a neighborhood that attracts singles or couples without children, contributing to a more independent, urban lifestyle.

With only 13% of people over 16 having children, you can expect an easygoing environment that tends to attract residents seeking a quieter lifestyle. The atmosphere here leans more toward adult-oriented living. Without the constant rhythm of school schedules or kid-centered events, the community maintains a slower, more relaxed pace. This makes it especially appealing to singles, couples, and empty nesters who appreciate tranquil streets, and recreation on their own terms.

Age Breakdown

Sherman Terrace Condominum neighborhood age breakdown chart

Sherman Terrace Condominum demographics offer valuable insights into the character and lifestyle of the neighborhood, helping you understand who lives there and what daily life might feel like. Home to only about 275 residents, Sherman Terrace Condominum is notably smaller than many other Madison neighborhoods, creating a more peaceful and community-oriented atmosphere. Its lower population can translate to quieter streets, a more relaxed pace of life, and easier access to local amenities — all without sacrificing the vibrant urban lifestyle the city is known for.

Boasting a population density of 17,194, Sherman Terrace Condominum is more densely populated than many other Madison neighborhoods, creating a vibrant and energetic atmosphere. The higher concentration of residents contributes to a lively street scene, a strong sense of community, and convenient access to shops, restaurants, and urban amenities just steps from home.

With a lower-than-average age of 30, you're likely to find a noticeably youthful energy and vibrant atmosphere. This younger population brings a dynamic mix of activity, innovation, and community involvement, shaping a neighborhood that feels lively, forward-thinking, and full of opportunity — making it an especially appealing choice for younger adults looking for an active and engaging community.

Crime in Sherman Terrace Condominum

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Total Crime Incidents
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Types of Crime

Sherman Terrace Condominum neighborhood age breakdown chart

Sherman Terrace Condominum Crime Map

The Sherman Terrace Condominum crime map uses detailed block group boundaries from address-based crime data to visualize crime patterns across the neighborhood, highlighting both low-crime zones and areas with higher levels of reported crime. This crime heat map helps paint a clearer picture of local safety trends, showing how crime can vary from one part of the community to another. Keep in mind that areas with higher activity on the map don’t always equate to dangerous conditions — locations near entertainment districts, major roads, or tourist destinations often see more reports simply due to the larger number of people passing through.

Housing

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Home Price $119,400
Median Rent $1,217
People/Household 1.8

Home Price Breakdown

Sherman Terrace Condominum neighborhood home price breakdown chart

Rent vs Own

Rent 78% Own 22%

Year Moved In

Before 2010 54% After 2010 46%

Types of Homes in the Area

Market Trends

Year-over-Year YoY data

 

Housing trends offer valuable insight into the accessibility and character of a neighborhood. In Sherman Terrace Condominum, the median home price is $119,400, which is less than many surrounding areas. This affordability makes it an attractive option for first-time buyers, young families, or anyone looking to enter the housing market without a significant financial barrier. Looking at appreciation rates and past market trends in Sherman Terrace Condominum can offer valuable insight into the neighborhood’s investment potential. Understanding how home values have changed over time helps buyers gauge future growth, assess long-term stability, and make more informed real estate decisions.

The median rent is around $1,217, which is on par with many comparable neighborhoods. This balanced pricing offers a mix of affordability and value, making it a practical choice for a wide range of renters.

Walkability & Lifestyle

Coffee Shops

El Sabor de Puebla
Coffee Shop
min.
min.
EVP Coffee
Coffee Shop
min.
min.

Entertainment

Ensemble Theater
Theatre Arts
min.
min.
Tandem Press
Art Gallery
min.
min.

Food & Drink

Chocolate Shoppe
Sweets
min.
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Parched Eagle Taproom
Bar
min.
min.

Groceries

Batch Bakehouse
Bakery
min.
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Jacobson Bro's Meat and Deli
Butcher
min.
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Parks

Filene Park
Park
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Playground
Playground
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Shops

Sol Unique Salon and Day Spa
Beauty
min.
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Kwik Trip
Convenience Store
min.
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Getting Around

Transit Stops

E Johnson & Fordem (WB)
Bus Stop
min.
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E Johnson & Dickinson
Bus Stop
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Transit Stations

 
 
 
 
 
 
 
 
 
 
 
 

Health & Safety

Medical Facilities

UW Health Union Corners
Clinic
min.
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Walgreens
Pharmacy
min.
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Health Care

Dental Health Associates
Dentist
min.
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University Square Dental
Dentist
min.
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Safety

Fire Station No 3
Fire Station
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Maple Bluff Fire Department
Fire Station
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Top Neighborhood Schools

Name Category Grades Rating
Innovative & Alternative High
1045 E Dayton St, Madison, WI
High School 9 - 12 School Score
Marquette Elementary
1501 Jenifer St, Madison, WI
Elementary School 3 - 5 School Score
Metro School
115 W Doty St, Madison, WI
High School 4 - 12 School Score
East High
2222 E Washington Ave, Madison, WI
High School 9 - 12 School Score
Monona Grove High
4400 Monona Dr, Monona, WI
High School 9 - 12 School Score
Capital High
1045 E Dayton St, Madison, WI
Elementary School M - M School Score
Innovative & Alternative Middle
1045 E Dayton St, Madison, WI
Elementary School 6 - 8 School Score

Education Level Achieved

School quality plays an important role in shaping the overall appeal of a neighborhood like Sherman Terrace Condominum. Ratings based on student achievement, graduation rates, and standardized tests — supported by national benchmarks like the NAEP (National Assessment of Educational Progress) — help paint a clearer picture of how local schools perform. Additionally, understanding the education levels of residents in Sherman Terrace Condominum offers valuable context about the community’s emphasis on learning and opportunity, helping families make confident decisions about where to settle and invest in their children’s future.

Economy

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Income Per Capita $35,917
Household Income $48,015
Unemployment 1.3%

Income Breakdown

Sherman Terrace Condominum Income breakdown chart

Employment by Industry

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Local economic factors play a key role in shaping the character and accessibility of a neighborhood, influencing everything from lifestyle to opportunity. Household incomes in Sherman Terrace Condominum average around $48,015, which is lower than average. This affordability contributes to a more accessible lifestyle, making it an appealing choice for first-time homeowners, young families, and those looking to enjoy the benefits of the area without a high price tag.

The strength of a neighborhood’s local economy is often reflected in its employment landscape, shaping daily life and long-term stability for residents. In Sherman Terrace Condominum, the unemployment rate is just 1%, indicating a strong and resilient community with steady economic growth, active local businesses, and a high quality of life.

Frequently Asked Questions

What is the overall lifestyle like?

Sherman Terrace Condominium in Madison, WI offers a balanced urban-suburban lifestyle. Residents enjoy the convenience of city amenities combined with a peaceful neighborhood atmosphere. The area is perfect for those who appreciate easy access to parks like Vilas Park and Lake Wingra for outdoor activities, while still being close to cultural spots such as the Madison Museum of Contemporary Art. The community supports a healthy, active lifestyle with nearby bike paths and walking trails.

Are there any community events or local gatherings throughout the year?

Yes, Sherman Terrace residents often participate in events hosted by the Sherman Neighborhood Association, which include seasonal block parties, neighborhood cleanups, and holiday celebrations. Additionally, being near the University of Wisconsin-Madison campus means residents can easily join campus events, farmers' markets, and outdoor concerts at places like the Henry Vilas Zoo and Olbrich Botanical Gardens.

Are there major highways or transit lines nearby?

Sherman Terrace is well-connected by major transit routes, including access to US Highway 12/18, providing quick routes to downtown Madison and surrounding suburbs. The Madison Metro Transit system serves the neighborhood with multiple bus lines, making commuting convenient for residents without a car. Additionally, bike-friendly streets and paths enhance mobility for cyclists.

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