Living in Cherry Tree, Oklahoma
Cost of living, income, home prices, rent and demographics of Cherry Tree · Census data 2020–2024
Cherry Tree has 585 residents with a median age of 37.6. The median household income is $63,000 (3% lower than the Oklahoma median), the median home value is $114,100, the median rent is $700/month.
Cherry Tree is a small town, so Census survey estimates have wide margins of error. Treat percentages as approximate.
Cherry Tree at a glance
- Population
- 585
- Median age
- 37.6State: 37
- Median household income
- $63,000State: $65,039
- Median home value
- $114,100State: $199,800
- Median rent
- $700/moState: $1,014
- Homeowners
- 74.5%
- Bachelor's degree or higher
- 10.3%
- Average commute
- 19 min
Is Cherry Tree a good place to live?
Pros: Home values 43% lower than the state median; an average commute of 19 minutes; unemployment of 2%.
Cons: Median household income 3% lower than the Oklahoma median; a poverty rate of 23.2%.
The weather is best in April–May and September–October.
Cost of living in Cherry Tree
Housing is the biggest part of the cost of living. In Cherry Tree the median home value is $114,100, 66% lower than the U.S. median. Renters pay a median of $700 per month, which is 21.7% of household income. Homeowners with a mortgage pay $1,063 a month in housing costs.
Cherry Tree median household income
The median household income in Cherry Tree is $63,000 and the income per person is $21,454. 23.2% of residents live below the poverty line (Oklahoma: 15.3%).
Housing in Cherry Tree: homes for sale and rent
- Housing units
- 219
- Owner-occupied
- 74.5%
- Renter-occupied
- 25.5%
- Vacant
- 16%Includes seasonal homes
- Median year built
- 1984
- Average household size
- 3.18
Cherry Tree demographics
- Population
- 585
- Median age
- 37.6
- Under 18
- 31.5%
- 65 and older
- 18.8%
- Households
- 184
- Foreign-born
- 0.3%
- Veterans
- 5.7%Adults 18+
Hispanic or Latino can be of any race. Population history of Cherry Tree ›
Education in Cherry Tree
10.3% of adults 25 and older in Cherry Tree have a bachelor's degree or higher (Oklahoma: 28.3%), and 2.1% have a graduate or professional degree.
Jobs and commute in Cherry Tree
- Unemployment rate
- 2%State: 5%
- Average commute
- 19 minState: 22 min
- Work from home
- 4%
- Drive alone
- 83.1%
- Public transit
- 0%
- Walk to work
- 0%
- Homes with broadband
- 67.4%
Cherry Tree vs nearby towns
| Town | Population | Median income | Home value | Rent |
|---|---|---|---|---|
| Cherry Tree | 585 | $63,000 | $114,100 | $700 |
| Lyons Switch | 569 | $70,417 | $185,800 | $1,021 |
| Bell | 384 | $63,688 | $145,000 | — |
| Stilwell | 3,755 | $37,292 | $101,600 | $632 |
| Greasy | 164 | $62,083 | $142,500 | — |
| Fairfield | 690 | $87,625 | $93,300 | $494 |
| Rocky Mountain | 532 | $52,500 | $153,900 | $675 |
| Wauhillau | 309 | $29,760 | $132,800 | — |
More for people moving to Cherry Tree
Cherry Tree ZIP code ›Weather and climate ›Living in Cherry Tree: FAQ
What is the median household income in Cherry Tree, OK?
The median household income in Cherry Tree is $63,000, 3% lower than the Oklahoma median of $65,039 (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
What is the average home price in Cherry Tree?
The median home value in Cherry Tree is $114,100, compared with $199,800 in Oklahoma.
How much is rent in Cherry Tree?
The median gross rent in Cherry Tree is $700 per month, about 21.7% of household income.
Is Cherry Tree, OK a good place to live?
Pluses: home values 43% lower than the state median; an average commute of 19 minutes; unemployment of 2%. Minuses: median household income 3% lower than the Oklahoma median; a poverty rate of 23.2%.
What is the median age in Cherry Tree?
The median age in Cherry Tree is 37.6 years (Oklahoma: 37).
How long is the commute in Cherry Tree?
The average commute to work in Cherry Tree is 19 minutes; 4% of workers work from home.
What is the unemployment rate in Cherry Tree?
The unemployment rate in Cherry Tree is 2% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is Cherry Tree?
10.3% of adults in Cherry Tree 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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