Cherokee Village, AR
Population 5,078 · Arkansas
About Cherokee Village, AR
Cherokee Village is a small town located in Arkansas with a population of 5,078 residents according to the latest US Census Bureau American Community Survey data. The median household income is $35,244 per year, which is 53% below the national median of $75,149. The median age of 51.1 years is notably older the US median age of 38.9 years, suggesting a more established community with a higher proportion of long-term residents.
Housing Market Overview
The housing market in Cherokee Village features a median home value of $86,800, which is 65% below the national median of $244,900. This makes Cherokee Village one of the more affordable markets in the country, potentially attractive for first-time homebuyers. Median monthly rent is $930, 20% below the national average of $1,163/month. Of the 3,086 total housing units, 85% are owner-occupied (1,807 units) and 15% are renter-occupied (319 units). The high homeownership rate suggests a stable, established residential community.
Economy & Employment
The local economy in Cherokee Village shows an unemployment rate of 13.2%, which is significantly above the national rate of 3.7%, suggesting economic challenges in the area. The poverty rate stands at 19.9%, above the national average of 12.4%. Workers in Cherokee Village have an average one-way commute time of 21 minutes.
Education & Demographics
17.9% of Cherokee Village residents aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. The lower educational attainment rate may reflect the area's industry mix, with more employment in trades, manufacturing, or agricultural sectors. The community's demographic composition includes 2.0% White, 6.3% Hispanic or Latino, 0.0% Black or African American, and 1.6% Asian residents, with 0.8% of the population being foreign-born.
Cost of Living in Cherokee Village, AR
Compared to national averages, Cherokee Village has a median household income of $35,244 (53% below the national median of $75,149). Home values average $86,800, which is 65% below the national median. Monthly rent at $930 is 20% below the US average of $1,163. Within Arkansas, Cherokee Village's income is 33% below the state average of $52,241, and home values are 31% below the state median of $125,457.
Why Live in Cherokee Village, AR?
Cherokee Village offers affordable housing with a median home value of $86,800, below the US average of $244,900, and rent that’s lower than the national average at $930/month, and short commute times averaging just 21 minutes.
Potential considerations include median household income ($35,244) that falls below the national average. However, Cherokee Village’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Cherokee Village has a population of 5,078 with a median age of 51.1 years. Compare Cherokee Village with other cities to see how it stacks up, or explore all cities in Arkansas.
Similar Cities Near Cherokee Village
Cities in Arkansas with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Sheridan | 5,063 | $61,025 | $182,300 | Compare |
| Barling | 4,919 | $52,009 | $125,200 | Compare |
| Warren | 5,342 | $35,064 | $86,400 | Compare |
| Crossett | 4,719 | $42,792 | $101,200 | Compare |
| Walnut Ridge | 5,440 | $47,612 | $104,500 | Compare |
| White Hall | 5,520 | $84,304 | $207,100 | Compare |
| Shannon Hills | 4,557 | $69,413 | $175,200 | Compare |
| Mena | 5,605 | $50,875 | $114,200 | Compare |
Demographics
Racial & Ethnic Composition
Economy & Education
Housing
Other Cities in Arkansas
Data source: US Census Bureau ACS 5-Year Estimates. Last updated: 2026-04-05.
Compare Cherokee Village With Other Cities
Frequently Asked Questions about Cherokee Village
What is the population of Cherokee Village, AR?
The population of Cherokee Village, AR is 5,078 according to the latest US Census Bureau American Community Survey estimates. This makes it a small town in Arkansas.
What is the median household income in Cherokee Village?
The median household income in Cherokee Village, AR is $35,244 per year, which is 53% below the national median of $75,149.
What is the median home value in Cherokee Village?
The median home value in Cherokee Village, AR is $86,800, which is 65% below the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Cherokee Village?
The median monthly rent in Cherokee Village, AR is $930, which is 20% below the national average of $1,163/month.
What is the unemployment rate in Cherokee Village?
The unemployment rate in Cherokee Village, AR is 13.2%, compared to the national average of 3.7%. Job seekers may want to research the dominant industries in the area.
Is Cherokee Village, AR a good place to live?
Cherokee Village offers a moderate cost of living, affordable housing, and growing employment opportunities. With a population of 5,078 and a median age of 51.1, the city appeals to established professionals and retirees.
How educated is Cherokee Village, AR?
17.9% of residents in Cherokee Village aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. The educational profile reflects the area's industry mix and employment landscape.
What is the cost of living in Cherokee Village?
Key cost-of-living indicators for Cherokee Village, AR: median home value is $86,800 (65% below national), median rent is $930/month, and median household income is $35,244. The home-value-to-income ratio is 2.5x, indicating relatively affordable housing relative to local incomes.
What is the poverty rate in Cherokee Village?
The poverty rate in Cherokee Village, AR is 19.9%, compared to the national average of 12.4%. Residents and prospective movers should be aware of the economic challenges facing parts of this community.
How diverse is Cherokee Village, AR?
Cherokee Village's population is 2.0% White, 6.3% Hispanic or Latino, 0.0% Black or African American, 1.6% Asian, and 0.2% two or more races. 0.8% of residents are foreign-born.