Cherry Valley, Illinois has a population of 2,800, with a median household income of $84,500.
Current median income data for Cherry Valley.
2,800
$84,500
3.50%
$225,000
11.40
350.00 Mbps
Cherry Valley is a small local community located in Illinois. The city has a population that is below the average city population in Illinois, contributing to its local economic activity, housing demand, and infrastructure development. Population size can significantly influence transportation systems, commercial growth, educational services, and employment opportunities within the region.
Situated in Illinois, Cherry Valley provides insight into regional population trends, income levels, and housing conditions.
Cherry Valley has a population of 2,800, which is below the state average. This suggests a smaller and more localized community environment.
The median household income in Cherry Valley is $84,500, which is above the state average. This reflects stronger earning potential and economic stability.
The average housing price in Cherry Valley is about $225,000, making it relatively affordable compared to many cities in Illinois.
The unemployment rate in Cherry Valley is 3.50%, which is lower than the state average, indicating a relatively strong job market. Crime rates in Cherry Valley are higher than the state average, which may be a factor for residents to consider.
Compared to other cities in Illinois, Cherry Valley shows distinct differences in population size, economic activity, and housing affordability, making it a unique case for analysis.
Overall, Cherry Valley offers a balanced mix of economic conditions, population trends, and housing opportunities within Illinois.
The population of Cherry Valley is approximately 2,800.
Cherry Valley offers a mix of economic conditions, housing affordability, and population size, making it suitable for different types of residents.
The median household income in Cherry Valley is around $84,500.
The average housing price in Cherry Valley is approximately $225,000.