Cherry Creek, NY
Population 325 · New York
About Cherry Creek, NY
Cherry Creek is a small community located in New York with a population of 325 residents according to the latest US Census Bureau American Community Survey data. The median household income is $68,309 per year, which is 9% below the national median of $75,149. The median age of 35.7 years is notably younger the US median age of 38.9 years, indicating a younger, often more dynamic population base.
Housing Market Overview
The housing market in Cherry Creek features a median home value of $67,000, which is 73% below the national median of $244,900. This makes Cherry Creek one of the more affordable markets in the country, potentially attractive for first-time homebuyers. Median monthly rent is $775, 33% below the national average of $1,163/month. Of the 170 total housing units, 88% are owner-occupied (114 units) and 12% are renter-occupied (15 units). The high homeownership rate suggests a stable, established residential community.
Economy & Employment
The local economy in Cherry Creek shows an unemployment rate of 17.1%, which is significantly above the national rate of 3.7%, suggesting economic challenges in the area. The poverty rate stands at 9.2%, below the national average of 12.4%, reflecting generally favorable economic conditions. Workers in Cherry Creek have an average one-way commute time of 33.5 minutes.
Education & Demographics
18.6% of Cherry Creek 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 0.0% White, 2.2% Hispanic or Latino, 3.7% Black or African American, and 0.0% Asian residents, with 0.0% of the population being foreign-born.
How Cherry Creek Ranks in New York
Cost of Living in Cherry Creek, NY
Compared to national averages, Cherry Creek has a median household income of $68,309 (9% below the national median of $75,149). Home values average $67,000, which is 73% below the national median. Monthly rent at $775 is 33% below the US average of $1,163. Within New York, Cherry Creek's income is 30% below the state average of $96,987, and home values are 83% below the state median of $387,181.
Why Live in Cherry Creek, NY?
Cherry Creek offers affordable housing with a median home value of $67,000, below the US average of $244,900, and rent that’s lower than the national average at $775/month, and a low poverty rate of 9.2%, better than the national average.
Potential considerations include median household income ($68,309) that falls below the national average. However, Cherry Creek’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Cherry Creek has a population of 325 with a median age of 35.7 years. Compare Cherry Creek with other cities to see how it stacks up, or explore all cities in New York.
Similar Cities Near Cherry Creek
Cities in New York with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Livonia Center | 326 | $77,833 | $164,500 | Compare |
| Wassaic | 324 | $61,875 | $134,700 | Compare |
| Grahamsville | 328 | $103,938 | $262,500 | Compare |
| Hartwick Seminary | 322 | $50,750 | $221,400 | Compare |
| Romulus | 320 | $48,281 | $79,500 | Compare |
| Smithville Flats | 330 | $54,531 | $93,800 | Compare |
| Dresden | 318 | $68,571 | $108,000 | Compare |
| Winthrop | 332 | $87,778 | $0 | Compare |
Demographics
Racial & Ethnic Composition
Economy & Education
Housing
Other Cities in New York
Data source: US Census Bureau ACS 5-Year Estimates. Last updated: 2026-04-05.
Compare Cherry Creek With Other Cities
Frequently Asked Questions about Cherry Creek
What is the population of Cherry Creek, NY?
The population of Cherry Creek, NY is 325 according to the latest US Census Bureau American Community Survey estimates. This makes it a small community in New York.
What is the median household income in Cherry Creek?
The median household income in Cherry Creek, NY is $68,309 per year, which is 9% below the national median of $75,149.
What is the median home value in Cherry Creek?
The median home value in Cherry Creek, NY is $67,000, which is 73% below the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Cherry Creek?
The median monthly rent in Cherry Creek, NY is $775, which is 33% below the national average of $1,163/month.
What is the unemployment rate in Cherry Creek?
The unemployment rate in Cherry Creek, NY is 17.1%, compared to the national average of 3.7%. Job seekers may want to research the dominant industries in the area.
Is Cherry Creek, NY a good place to live?
Cherry Creek offers a moderate cost of living, affordable housing, and growing employment opportunities. With a population of 325 and a median age of 35.7, the city appeals to a broad range of residents.
How educated is Cherry Creek, NY?
18.6% of residents in Cherry Creek 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 Cherry Creek?
Key cost-of-living indicators for Cherry Creek, NY: median home value is $67,000 (73% below national), median rent is $775/month, and median household income is $68,309. The home-value-to-income ratio is 1.0x, indicating relatively affordable housing relative to local incomes.
What is the poverty rate in Cherry Creek?
The poverty rate in Cherry Creek, NY is 9.2%, compared to the national average of 12.4%. This below-average poverty rate reflects generally favorable economic conditions in the community.
How diverse is Cherry Creek, NY?
Cherry Creek's population is 0.0% White, 2.2% Hispanic or Latino, 3.7% Black or African American, 0.0% Asian, and 0.0% two or more races. 0.0% of residents are foreign-born.