Cherry Valley, NY
Population 543 · New York
About Cherry Valley, NY
Cherry Valley is a small community in New York with a population of 543 residents. The median household income is $85,833 per year, which is above the national average. The median age in Cherry Valley is 37.3 years.
Housing in Cherry Valley has a median home value of $174,600 and median monthly rent of $725. Of the 262 total housing units, the majority are owner-occupied, with 141 owner-occupied and 19 renter-occupied units.
The unemployment rate in Cherry Valley is 4.9% and the poverty rate is 9.2%. 43.9% of residents hold a bachelor's degree or higher. The average commute time is 22.1 minutes.
Cost of Living in Cherry Valley, NY
Compared to national averages, Cherry Valley has a median household income of $85,833 (14% above the national median of $75,149). Home values average $174,600, which is 29% below the national median. Monthly rent at $725 is 38% below the US average of $1,163. Within New York, Cherry Valley's income is 12% below the state average of $96,987, and home values are 55% below the state median of $387,181.
Why Live in Cherry Valley, NY?
Cherry Valley offers a strong local economy with a median household income of $85,833, well above the national average, and affordable housing with a median home value of $174,600, below the US average of $244,900, and rent that’s lower than the national average at $725/month. Additionally, the city features a well-educated community where 43.9% of residents hold a bachelor’s degree or higher, and a low poverty rate of 9.2%, better than the national average, and short commute times averaging just 22.1 minutes.
Cherry Valley has a population of 543 with a median age of 37.3 years. Compare Cherry Valley with other cities to see how it stacks up, or explore all cities in New York.
Similar Cities Near Cherry Valley
Cities in New York with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Cragsmoor | 542 | $77,467 | $236,800 | Compare |
| Brushton | 545 | $52,120 | $105,400 | Compare |
| Fillmore | 540 | $64,643 | $88,600 | Compare |
| Morris | 546 | $81,875 | $163,800 | Compare |
| Odessa | 540 | $81,333 | $159,100 | Compare |
| Shorehaven | 540 | $166,836 | $448,600 | Compare |
| East Durham | 547 | $80,341 | $0 | Compare |
| Jacksonville | 539 | $60,000 | $190,600 | 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.
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Frequently Asked Questions about Cherry Valley
What is the population of Cherry Valley, NY?
The population of Cherry Valley, NY is 543 according to the latest Census data.
What is the median household income in Cherry Valley?
The median household income in Cherry Valley, NY is $85,833 per year.
What is the median home value in Cherry Valley?
The median home value in Cherry Valley, NY is $174,600.
What is the average rent in Cherry Valley?
The median monthly rent in Cherry Valley, NY is $725.
What is the unemployment rate in Cherry Valley?
The unemployment rate in Cherry Valley, NY is 4.9%.