Cherry Valley, Illinois

US Census Bureau ACS 5-Year Estimates ยท 2022

IL

Cherry Valley Demographics Overview

Total Population
2,951
ACS 2022 estimate
Median Household Income
$78,125
Annual household income
โ–ฒ 5% vs US avg
Median Home Value
$209,500
Owner-occupied homes
โ–ผ 26% vs US avg
Median Gross Rent
$880
Monthly rent (incl. utilities)
โ–ผ 24% vs US avg
Median Age
47.6 years
Median age of residents
โ–ฒ 22% vs US avg

Income & Economy

Median Household Income
$78,125
US avg: $74,580
vs. National Median+4.8%

Housing

Median Home Value
$209,500
US avg: $281,900
Median Gross Rent
$880/mo
US avg: $1,163/mo
Rent vs. National Avg-24.3%

Population

Total Population2,951
Median Age
47.6 years
US avg: 38.9 yrs

Data Source

Data for Cherry Valley comes from the US Census Bureau American Community Survey (ACS) 5-Year Estimates, covering the period 2018โ€“2022.

The ACS 5-Year estimates provide the most reliable demographic statistics available, especially for smaller communities, by pooling 5 years of survey data.

Learn more about the ACS โ†’

Cherry Valley, IL โ€” Frequently Asked Questions

Common questions about Cherry Valley demographics

What is the population of Cherry Valley, Illinois?

According to the US Census Bureau ACS 5-Year Estimates (2022), the population of Cherry Valley, Illinois is 2,951.

What is the median household income in Cherry Valley?

The median household income in Cherry Valley, Illinois is $78,125 per year, according to the 2022 ACS 5-Year Estimates. The US national median household income is approximately $74,580.

What is the cost of living in Cherry Valley?

Key cost indicators for Cherry Valley, Illinois:. Median home value: $209,500. Median gross rent: $880/month. Median household income: $78,125/year

What is the median home value in Cherry Valley?

The median home value in Cherry Valley, Illinois is $209,500, compared to the national median of approximately $281,900.

What is the average age in Cherry Valley?

The median age in Cherry Valley, Illinois is 47.6 years, compared to the US national median age of approximately 38.9 years.

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Cherry Valley, IL Demographics - Population, Income & Housing (2022)