Cherry Branch, NC
Population 1,406 · North Carolina
About Cherry Branch, NC
Cherry Branch is a small town located in North Carolina with a population of 1,406 residents according to the latest US Census Bureau American Community Survey data. The median household income is $111,930 per year, which is 49% above the national median of $75,149. The median age of 30.9 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 Branch features a median home value of $278,800, which is 14% above the national median of $244,900. This positions Cherry Branch in a moderately priced market relative to the rest of the country. Median monthly rent is $1,645, 41% above the national average of $1,163/month. Of the 451 total housing units, 78% are owner-occupied (345 units) and 22% are renter-occupied (98 units). The high homeownership rate suggests a stable, established residential community.
Economy & Employment
The local economy in Cherry Branch shows an unemployment rate of 1.7%, which is lower than the national rate of 3.7%, indicating a relatively strong job market. The poverty rate stands at 2.4%, below the national average of 12.4%, reflecting generally favorable economic conditions. Workers in Cherry Branch have an average one-way commute time of 55.5 minutes, suggesting many residents commute to jobs in a nearby metro area.
Education & Demographics
31.0% of Cherry Branch residents aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. This is in line with national trends in educational attainment. The community's demographic composition includes 2.1% White, 1.8% Hispanic or Latino, 0.0% Black or African American, and 4.2% Asian residents, with 1.0% of the population being foreign-born.
How Cherry Branch Ranks in North Carolina
Cost of Living in Cherry Branch, NC
Compared to national averages, Cherry Branch has a median household income of $111,930 (49% above the national median of $75,149). Home values average $278,800, which is 14% above the national median. Monthly rent at $1,645 is 41% above the US average of $1,163. Within North Carolina, Cherry Branch's income is 74% above the state average of $64,468, and home values are 22% above the state median of $228,922.
Why Live in Cherry Branch, NC?
Cherry Branch offers a strong local economy with a median household income of $111,930, well above the national average, and a strong job market with an unemployment rate of just 1.7%, and a low poverty rate of 2.4%, better than the national average.
Cherry Branch has a population of 1,406 with a median age of 30.9 years. Compare Cherry Branch with other cities to see how it stacks up, or explore all cities in North Carolina.
Similar Cities Near Cherry Branch
Cities in North Carolina with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Brandywine Bay | 1,404 | $88,125 | $330,900 | Compare |
| Robbins | 1,398 | $50,023 | $102,900 | Compare |
| Belhaven | 1,421 | $33,958 | $98,200 | Compare |
| Pine Knoll Shores | 1,387 | $108,393 | $583,900 | Compare |
| Broadway | 1,429 | $62,679 | $236,100 | Compare |
| Star | 1,430 | $37,135 | $131,600 | Compare |
| Beulaville | 1,438 | $40,900 | $123,400 | Compare |
| West Canton | 1,369 | $35,583 | $190,200 | Compare |
Demographics
Racial & Ethnic Composition
Economy & Education
Housing
Other Cities in North Carolina
Data source: US Census Bureau ACS 5-Year Estimates. Last updated: 2026-04-05.
Compare Cherry Branch With Other Cities
Frequently Asked Questions about Cherry Branch
What is the population of Cherry Branch, NC?
The population of Cherry Branch, NC is 1,406 according to the latest US Census Bureau American Community Survey estimates. This makes it a small town in North Carolina.
What is the median household income in Cherry Branch?
The median household income in Cherry Branch, NC is $111,930 per year, which is 49% above the national median of $75,149.
What is the median home value in Cherry Branch?
The median home value in Cherry Branch, NC is $278,800, which is 14% above the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Cherry Branch?
The median monthly rent in Cherry Branch, NC is $1,645, which is 41% above the national average of $1,163/month.
What is the unemployment rate in Cherry Branch?
The unemployment rate in Cherry Branch, NC is 1.7%, compared to the national average of 3.7%. This lower-than-average rate suggests a relatively healthy local job market.
Is Cherry Branch, NC a good place to live?
Cherry Branch offers above-average incomes, a competitive housing market, and a strong job market. With a population of 1,406 and a median age of 30.9, the city appeals to young professionals and families.
How educated is Cherry Branch, NC?
31.0% of residents in Cherry Branch 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 Branch?
Key cost-of-living indicators for Cherry Branch, NC: median home value is $278,800 (14% above national), median rent is $1,645/month, and median household income is $111,930. The home-value-to-income ratio is 2.5x, indicating relatively affordable housing relative to local incomes.
What is the poverty rate in Cherry Branch?
The poverty rate in Cherry Branch, NC is 2.4%, 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 Branch, NC?
Cherry Branch's population is 2.1% White, 1.8% Hispanic or Latino, 0.0% Black or African American, 4.2% Asian, and 15.4% two or more races. 1.0% of residents are foreign-born.