City

Cherry Valley, NY

1 ZIP code  ·  Otsego County  ·  New York

👥2,027Population
💰$80,956Median HH Income≈ Avg
🎂41.8Median Age
🏠$191,600Median Home Value▼ 31% below avg
🎓53.6%College Grads▲ 38% above avg
📊3.6%Unemployment▼ 26% below avg
People & Population (ACS 2023 — weighted avg)
♂ Male 50.5% Female 49.5% ♀

Race & Ethnicity

White: 96.5%Hispanic: 1.7%Asian: 0.3%Other: 1.3%Race
White96.5%
Hispanic1.7%
Asian0.3%
Other1.3%

Age Breakdown

Under 5
6%
5–17
12%
18–24
17%
25–44
16%
45–64
27%
65+
10%

Key Indicators

Median Age41.8 yrs
Avg HH Size2.82
Below Poverty16.5% ▲ 65% above avg
College Grads53.6% ▲ 38% above avg
Unemployment3.6% ▼ 26% below avg
No HS Diploma1 (0.1%)
HS Graduate339 (27.7%)
Some College112 (9.2%)
Associates116 (9.5%)
Bachelors195 (15.9%)
Graduate Degree460 (37.6%)

Education

No HS: 0.1%HS Grad: 27.7%Some College: 9.2%Associates: 9.5%Bachelors: 15.9%Graduate: 37.6%Edu
No HS0.1%
HS Grad27.7%
Some College9.2%
Associates9.5%
Bachelors15.9%
Graduate37.6%
Housing & Income

Housing Tenure

Owner: 90.4%Renter: 9.6%Tenure
Owner90.4%
Renter9.6%

Home Value Distribution

Under $50k
2%
$50k–$100k
13%
$100k–$150k
12%
$150k–$200k
29%
$200k–$300k
19%
$300k–$500k
20%
Over $500k
5%

Financials

Median HH Income$80,956 ≈ Avg
Median Home Value$191,600 ▼ 31% below avg
Home/Income Ratio2.4x (nat avg ~3.5x)
Median Rent$805/mo
Total Housing Units1,039
Vacant Units322

Income Distribution

Under $25k
15%
$25k–$50k
13%
$50k–$75k
14%
$75k–$100k
22%
$100k–$150k
17%
$150k–$200k
8%
Over $200k
11%
Employment & Commute

How People Get to Work

Drove Alone
75%
Public Transit
0%
Walked
2%
Work From Home
23%

Commute Time

Under 15 min
13%
15–30 min
51%
30–45 min
21%
Over 45 min
15%
Housing Stock

Year Built

Before 1940
2%
1940s–1950s
4%
1960s–1970s
12%
1980s–1990s
12%
2000+
70%
About Cherry Valley, NY

Cherry Valley is a city in New York, located in Otsego County. The city spans 1 ZIP code and is home to approximately 2,027 residents. It is a middle-aged city, with a median age of 41.8 years.

Economically, Cherry Valley is a middle-income community. The median household income of $80,956 is near the national average. Approximately 16.5% of residents live below the poverty line. The unemployment rate is 3.6%, below the national average.

The real estate market in Cherry Valley is an affordable housing market. Median home values stand at $191,600, which is below the national average. Renters typically pay around $805 per month. Homeownership is high at 90.4%, typical of suburban and family-oriented communities.

The population of Cherry Valley is well-educated. 53.6% of adults hold a bachelor's degree or higher — above the national average. The community is primarily White (96.5%).

Cherry Valley, NY offers residents above-average earning potential within New York.

ZIP Codes in Cherry Valley
ZIPPopulationMedian IncomeMedian HomeMedian RentUnemp.CollegeOwner Occ.
13320 2,027 $80,956 $191,600 $805 3.6% 53.6% 90.4%