Cherry Tree, OK
Population 669 · Oklahoma
About Cherry Tree, OK
Cherry Tree is a small community located in Oklahoma with a population of 669 residents according to the latest US Census Bureau American Community Survey data. The median household income is $53,393 per year, which is 29% below the national median of $75,149. The median age of 35.8 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 Tree features a median home value of $103,300, which is 58% below the national median of $244,900. This makes Cherry Tree one of the more affordable markets in the country, potentially attractive for first-time homebuyers. Median monthly rent is $805, 31% below the national average of $1,163/month. Of the 237 total housing units, 74% are owner-occupied (144 units) and 26% are renter-occupied (51 units). The high homeownership rate suggests a stable, established residential community.
Economy & Employment
The local economy in Cherry Tree shows an unemployment rate of 4.0%, which is near the national rate of 3.7%. The poverty rate stands at 23.5%, above the national average of 12.4%. Workers in Cherry Tree have an average one-way commute time of 19.4 minutes, one of the shorter commutes in the region.
Education & Demographics
6.3% of Cherry Tree 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 5.5% White, 83.7% Hispanic or Latino, 1.8% Black or African American, and 0.7% Asian residents, with 3.1% of the population being foreign-born.
Cost of Living in Cherry Tree, OK
Compared to national averages, Cherry Tree has a median household income of $53,393 (29% below the national median of $75,149). Home values average $103,300, which is 58% below the national median. Monthly rent at $805 is 31% below the US average of $1,163. Within Oklahoma, Cherry Tree's income is 5% below the state average of $56,382, and home values are 14% below the state median of $119,992.
Why Live in Cherry Tree, OK?
Cherry Tree offers affordable housing with a median home value of $103,300, below the US average of $244,900, and rent that’s lower than the national average at $805/month, and short commute times averaging just 19.4 minutes.
Potential considerations include median household income ($53,393) that falls below the national average. However, Cherry Tree’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Cherry Tree has a population of 669 with a median age of 35.8 years. Compare Cherry Tree with other cities to see how it stacks up, or explore all cities in Oklahoma.
Similar Cities Near Cherry Tree
Cities in Oklahoma with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Flint Creek | 675 | $47,870 | $99,800 | Compare |
| Kiowa | 662 | $45,625 | $70,900 | Compare |
| South Coffeyville | 662 | $52,917 | $94,700 | Compare |
| Adair | 661 | $63,750 | $175,000 | Compare |
| Ramona | 678 | $48,333 | $105,200 | Compare |
| Valley Brook | 682 | $48,333 | $83,200 | Compare |
| Wickliffe | 686 | $46,250 | $151,600 | Compare |
| Paoli | 650 | $59,250 | $82,100 | Compare |
Demographics
Racial & Ethnic Composition
Economy & Education
Housing
Other Cities in Oklahoma
Data source: US Census Bureau ACS 5-Year Estimates. Last updated: 2026-04-05.
Compare Cherry Tree With Other Cities
Frequently Asked Questions about Cherry Tree
What is the population of Cherry Tree, OK?
The population of Cherry Tree, OK is 669 according to the latest US Census Bureau American Community Survey estimates. This makes it a small community in Oklahoma.
What is the median household income in Cherry Tree?
The median household income in Cherry Tree, OK is $53,393 per year, which is 29% below the national median of $75,149.
What is the median home value in Cherry Tree?
The median home value in Cherry Tree, OK is $103,300, which is 58% below the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Cherry Tree?
The median monthly rent in Cherry Tree, OK is $805, which is 31% below the national average of $1,163/month.
What is the unemployment rate in Cherry Tree?
The unemployment rate in Cherry Tree, OK is 4.0%, compared to the national average of 3.7%. Job seekers may want to research the dominant industries in the area.
Is Cherry Tree, OK a good place to live?
Cherry Tree offers a moderate cost of living, affordable housing, and growing employment opportunities. With a population of 669 and a median age of 35.8, the city appeals to a broad range of residents.
How educated is Cherry Tree, OK?
6.3% of residents in Cherry Tree 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 Tree?
Key cost-of-living indicators for Cherry Tree, OK: median home value is $103,300 (58% below national), median rent is $805/month, and median household income is $53,393. The home-value-to-income ratio is 1.9x, indicating relatively affordable housing relative to local incomes.
What is the poverty rate in Cherry Tree?
The poverty rate in Cherry Tree, OK is 23.5%, 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 Cherry Tree, OK?
Cherry Tree's population is 5.5% White, 83.7% Hispanic or Latino, 1.8% Black or African American, 0.7% Asian, and 0.0% two or more races. 3.1% of residents are foreign-born.