Living in Cherryville, North Carolina
Cost of living, income, home prices, rent and demographics of Cherryville · Census data 2020–2024
Cherryville has 6,226 residents with a median age of 38. The median household income is $70,625 (about the same as the North Carolina median), the median home value is $232,100, the median rent is $1,059/month.
Cherryville at a glance
- Population
- 6,226
- Median age
- 38State: 39.1
- Median household income
- $70,625State: $72,388
- Median home value
- $232,100State: $288,900
- Median rent
- $1,059/moState: $1,228
- Homeowners
- 69.7%
- Bachelor's degree or higher
- 24.8%
- Average commute
- 28 min
Is Cherryville a good place to live?
Pros: Home values 20% lower than the state median; unemployment of 3%; a poverty rate of 12.4%.
Cons: Median household income about the same as the North Carolina median; an average commute of 28 minutes.
The weather is best in April–May and September–October.
Cost of living in Cherryville
Housing is the biggest part of the cost of living. In Cherryville the median home value is $232,100, 30% lower than the U.S. median. Renters pay a median of $1,059 per month, which is 19.6% of household income. Homeowners with a mortgage pay $1,433 a month in housing costs.
Cherryville median household income
The median household income in Cherryville is $70,625 and the income per person is $29,722. 12.4% of residents live below the poverty line (North Carolina: 13%).
Housing in Cherryville: homes for sale and rent
- Housing units
- 2,626
- Owner-occupied
- 69.7%
- Renter-occupied
- 30.3%
- Vacant
- 11.8%Includes seasonal homes
- Median year built
- 1970
- Average household size
- 2.60
Cherryville demographics
- Population
- 6,226
- Median age
- 38
- Under 18
- 25.2%
- 65 and older
- 20%
- Households
- 2,316
- Foreign-born
- 0.9%
- Veterans
- 4.9%Adults 18+
Hispanic or Latino can be of any race. Population history of Cherryville ›
Education in Cherryville
24.8% of adults 25 and older in Cherryville have a bachelor's degree or higher (North Carolina: 35.7%), and 5.1% have a graduate or professional degree.
Jobs and commute in Cherryville
- Unemployment rate
- 3%State: 4.7%
- Average commute
- 28 minState: 25 min
- Work from home
- 5.5%
- Drive alone
- 81.1%
- Public transit
- 0%
- Walk to work
- 2.4%
- Homes with broadband
- 84.7%
Cherryville vs nearby towns
| Town | Population | Median income | Home value | Rent |
|---|---|---|---|---|
| Cherryville | 6,226 | $70,625 | $232,100 | $1,059 |
| Fallston | 616 | $56,250 | $88,600 | $715 |
| Light Oak | 277 | $63,333 | $89,200 | — |
| Bessemer City | 5,580 | $60,300 | $206,100 | $1,053 |
| High Shoals | 534 | $53,333 | $230,400 | $968 |
| Lincolnton | 11,783 | $46,320 | $248,700 | $965 |
| Lawndale | 739 | $39,250 | $116,800 | $880 |
| Kings Mountain | 12,039 | $49,564 | $204,100 | $959 |
| Belwood | 893 | $51,299 | $214,500 | $860 |
More for people moving to Cherryville
Cherryville ZIP code ›Weather and climate ›Living in Cherryville: FAQ
What is the median household income in Cherryville, NC?
The median household income in Cherryville is $70,625, about the same as the North Carolina median of $72,388 (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
What is the average home price in Cherryville?
The median home value in Cherryville is $232,100, compared with $288,900 in North Carolina.
How much is rent in Cherryville?
The median gross rent in Cherryville is $1,059 per month, about 19.6% of household income.
Is Cherryville, NC a good place to live?
Pluses: home values 20% lower than the state median; unemployment of 3%; a poverty rate of 12.4%. Minuses: median household income about the same as the North Carolina median; an average commute of 28 minutes.
What is the median age in Cherryville?
The median age in Cherryville is 38 years (North Carolina: 39.1).
How long is the commute in Cherryville?
The average commute to work in Cherryville is 28 minutes; 5.5% of workers work from home.
What is the unemployment rate in Cherryville?
The unemployment rate in Cherryville is 3% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is Cherryville?
24.8% of adults in Cherryville have a bachelor's degree or higher.
Source: U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024 (margins of error apply, especially in small towns). Figures are in 2024 dollars.
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