Race & Ethnicity
Age Breakdown
Key Indicators
| Median Age | 46.7 yrs |
|---|---|
| Avg HH Size | 2.47 |
| Below Poverty | 5.3% ▼ 47% below avg |
| College Grads | 37.9% ≈ Avg |
| Unemployment | 5.1% ≈ Avg |
| No HS Diploma | 19 (0.5%) |
| HS Graduate | 1,106 (29.8%) |
| Some College | 565 (15.2%) |
| Associates | 613 (16.5%) |
| Bachelors | 320 (8.6%) |
| Graduate Degree | 1,085 (29.3%) |
Education
Housing Tenure
Home Value Distribution
Financials
| Median HH Income | $92,865 ▲ 22% above avg |
|---|---|
| Median Home Value | $224,600 ▼ 19% below avg |
| Home/Income Ratio | 2.4x (nat avg ~3.5x) |
| Median Rent | $861/mo |
| Total Housing Units | 2,183 |
| Vacant Units | 92 |
Income Distribution
How People Get to Work
Commute Time
Year Built
Cherry Valley is a city in Illinois, located in Winnebago County. The city spans 1 ZIP code and is home to approximately 5,166 residents. It is a mature city, with a median age of 46.7 years.
Economically, Cherry Valley is a middle-income community. The median household income of $92,865 is above the national average. Approximately 5.3% of residents live below the poverty line. The unemployment rate is 5.1%, near the national average.
The real estate market in Cherry Valley is an affordable housing market. Median home values stand at $224,600, which is below the national average. Renters typically pay around $861 per month. Homeownership is high at 89.8%, typical of suburban and family-oriented communities.
The population of Cherry Valley is moderately educated. 37.9% of adults hold a bachelor's degree or higher — near the national average. The community is primarily White (75.16%).
Cherry Valley, IL offers residents above-average earning potential within Illinois.
| ZIP | Population | Median Income | Median Home | Median Rent | Unemp. | College | Owner Occ. |
|---|---|---|---|---|---|---|---|
| 61016 | 5,166 | $92,865 | $224,600 | $861 | 5.1% | 37.9% | 89.8% |