Cherry Valley village, Illinois
CityPopulation: 3,268 (2023 estimate)
Census Bureau data for Cherry Valley village from the American Community Survey. "Cities" in Census data include incorporated places, towns, villages, and census-designated places (CDPs) — all places where the Census collects community-level estimates.
Data: U.S. Census Bureau, ACS 5-Year Estimates, 2023 (released December 2024).
Quick Facts — Cherry Valley village
- What is the median household income in Cherry Valley village?
- The median household income in Cherry Valley village is $74,766 (U.S. Census Bureau ACS 5-Year Estimates, 2023).
- What is the poverty rate in Cherry Valley village?
- The poverty rate in Cherry Valley village is 1.8% (U.S. Census Bureau ACS 2023).
- What is the median home value in Cherry Valley village?
- $222,400 (U.S. Census Bureau ACS 2023).
- What is the average rent in Cherry Valley village?
- The median gross rent in Cherry Valley village is $871 per month (U.S. Census Bureau ACS 2023).
- What percentage of Cherry Valley village residents have a college degree?
- 30.7% of adults in Cherry Valley village hold a bachelor's degree or higher (U.S. Census Bureau ACS 2023).
Population
3,268
Median Income
$74,766
Median Home Value
$222,400
Poverty Rate
1.8%
Unemployment (ACS 2023)
5.1%
Median Age
45.0 yrs
Since 2019
Median Income:
+$11,163 (+17.6%)
Home Value:
+$52,300 (+30.7%)
Poverty Rate:
-2.1 pp (-53.8%)
Bachelor's+:
+7.2 pp (+30.6%)
Unemployment:
+0.6 pp (+13.3%)
Demographics
Total Population
3,268
Median Age
45.0
Female
51.4%
Race & Ethnicity
Hispanic or Latino 16.6%
White (non-Hisp.) 63.2%
Black 11.1%
Asian 1.3%
Two or More 16.8%
Other 3.9%
Asian Subgroups (% of total pop.)
Vietnamese
1.0%
Chinese
0.2%
Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023
Income & Poverty
Median Household Income
$74,766
±$27,836
-$6,936 vs. state
Per Capita Income
$97,964
Median Family Income
$102,006
Poverty Rate
1.8%
-6.4 pp vs. state
Child Poverty Rate
4.4%
Working-Age Poverty Rate
—
SNAP Recipients
4.3%
Social Security Income
—
Retirement Income
35.6%
Household Income Distribution
< $10k
2.9%
$10–15k
3.2%
$15–25k
2.4%
$25–35k
6.3%
$35–50k
14.9%
$50–75k
20.3%
$75–100k
5.3%
$100–150k
27.8%
$150–200k
12.2%
$200k+
4.6%
Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023
Housing
Total Housing Units
1,339
Owner-Occupied
81.6%
Renter-Occupied
18.4%
Vacancy Rate
3.4%
Median Home Value
$222,400
-$28,100 vs. state
Median Gross Rent
$871
Owner Cost Burden (30%+)
20.4%
Renter Cost Burden (30%+)
42.3%
Home Value Distribution
< $50k
0.8%
$50–100k
3.1%
$100–200k
6.2%
$200–300k
41.0%
$300–500k
21.4%
Gross Rent Distribution
$500–1k
58.6%
$1–1.5k
22.0%
$1.5–2k
3.5%
$2–2.5k
5.7%
$3.5k+
10.1%
Vehicle Availability
No vehicle
5.2%
1 vehicle
33.3%
2 vehicles
31.8%
3+
29.7%
Housing Type
Single-fam. det.
63.6%
Single-fam. att.
13.5%
2–4 units
5.5%
5–19 units
4.5%
20+ units
7.3%
Housing Age
Pre-1940
7.1%
1940–1969
1.9%
1970–1999
3.0%
2000–2009
32.6%
Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023
Education
High School or Higher
93.4%
Bachelor's or Higher
30.7%
-6.5 pp vs. state
Graduate Degree
9.2%
Some College / Associate
22.3%
Less Than High School
0.3%
Enrolled in School
—
Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023
Employment
Labor Force Participation
58.8%
Unemployment Rate
5.1%
-0.7 pp vs. state
Work from Home
7.5%
Self-Employed
1.6%
Government Workers
20.7%
Private For-Profit
77.7%
Industry
Edu/Health
29.4%
Manufacturing
16.4%
Arts/Entmt.
12.0%
Transportation
11.3%
Retail
10.1%
Finance
5.5%
Construction
3.7%
Prof. Services
2.4%
Public Admin
1.1%
Wholesale
1.0%
Agriculture
0.3%
Occupation
Management
38.2%
Production
23.7%
Food Prep
15.7%
Sales
14.9%
Construction
7.4%
Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023
Commute
Median Travel Time
26.4 min
Drove Alone
87.4%
Carpool
1.8%
Public Transit
1.6%
Work from Home
7.5%
Walked
0.9%
Bicycle
—
Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023
Households & Families
Total Households
1,293
Avg. Household Size
2.00
Avg. Family Size
—
Married-Couple Households
48.0%
Single-Mother Households
—
Single-Father Households
—
Living Alone
—
Households with Children
13.8%
Multigenerational
—
Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023
Age Distribution
Under 5
9.1%
5–9
4.5%
10–14
2.1%
15–19
5.4%
20–24
6.0%
25–34
18.5%
35–44
3.8%
45–54
17.0%
55–64
7.1%
65–74
8.4%
75–84
9.0%
85+
6.5%
Under 18: 20.1%
Working age (18–64): 79.9%
65 and over: 17.9%
Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023
Social Characteristics
Immigration
Foreign Born
10.8%
Naturalized Citizen
52.7%
Speaks English Less Than Very Well
6.3%
Foreign-Born Origin
Latin America
69.1%
Europe
19.3%
Asia
11.6%
Veterans & Disability
Veteran
4.7%
With a Disability
9.7%
Cognitive Difficulty
—
Ambulatory Difficulty
—
Health Insurance
Insured
95.5%
Uninsured
4.5%
Employer Insurance
—
Medicaid
—
Medicare
—
Technology & Mobility
Broadband Internet
94.7%
Has a Computer
94.8%
Same House 1 Year Ago
84.7%
Moved from Abroad
0.0%
Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023