Sherwood is a part of the Crow Creek Valley region of south central region of Tennessee known for its expansive crimson clover farmlands. Nearby attractions include the Cowan Railroad Museum and Falls Mill, a working grain mill that boasts of one of the largest waterwheels still in operation. The Crimson Clover Ball, a celebration of the area’s important crop, is held each May. In September the Polly Crockett Arts & Crafts Festival attracts nearly 10,000 visitors to the area. Among the biggest companies in Sherwood are J and J Grocery and The Sherwood Mining Company. The biggest schools here are the Franklin County Public Schools and the University of the South. One of the best places to visit when you are in Sherwood is nearby Tims Ford Lake, a 10,700 acre lake renowned as one of the best recreational and bass fishing lakes in the South.