Living in Lake Cherokee, Texas
Cost of living, income, home prices, rent and demographics of Lake Cherokee · Census data 2020–2024
Lake Cherokee has 3,093 residents with a median age of 57.4. The median household income is $91,855 (17% higher than the Texas median), the median home value is $345,000, the median rent is $930/month.
Lake Cherokee at a glance
- Population
- 3,093
- Median age
- 57.4State: 35.6
- Median household income
- $91,855State: $78,476
- Median home value
- $345,000State: $283,800
- Median rent
- $930/moState: $1,403
- Homeowners
- 78.1%
- Bachelor's degree or higher
- 33%
- Average commute
- 28 min
Is Lake Cherokee a good place to live?
Pros: Median household income 17% higher than the Texas median; unemployment of 2.9%; a poverty rate of 11.3%.
Cons: Home values 22% higher than the state median; an average commute of 28 minutes.
The weather is best in April–May and October–November.
Cost of living in Lake Cherokee
Housing is the biggest part of the cost of living. In Lake Cherokee the median home value is $345,000, 4% higher than the U.S. median. Renters pay a median of $930 per month, which is 18.8% of household income. Homeowners with a mortgage pay $2,039 a month in housing costs.
Lake Cherokee median household income
The median household income in Lake Cherokee is $91,855 and the income per person is $62,766. 11.3% of residents live below the poverty line (Texas: 13.8%).
Housing in Lake Cherokee: homes for sale and rent
- Housing units
- 1,993
- Owner-occupied
- 78.1%
- Renter-occupied
- 21.9%
- Vacant
- 26.6%Includes seasonal homes
- Median year built
- 1988
- Average household size
- 2.12
Lake Cherokee demographics
- Population
- 3,093
- Median age
- 57.4
- Under 18
- 12.9%
- 65 and older
- 36%
- Households
- 1,462
- Foreign-born
- 3.2%
- Veterans
- 7.6%Adults 18+
Hispanic or Latino can be of any race. Population history of Lake Cherokee ›
Education in Lake Cherokee
33% of adults 25 and older in Lake Cherokee have a bachelor's degree or higher (Texas: 33.8%), and 15.3% have a graduate or professional degree.
Jobs and commute in Lake Cherokee
- Unemployment rate
- 2.9%State: 5.3%
- Average commute
- 28 minState: 27 min
- Work from home
- 4.9%
- Drive alone
- 87.8%
- Public transit
- 0%
- Walk to work
- 0%
- Homes with broadband
- 95.8%
Lake Cherokee vs nearby towns
| Town | Population | Median income | Home value | Rent |
|---|---|---|---|---|
| Lake Cherokee | 3,093 | $91,855 | $345,000 | $930 |
| Easton | 429 | $30,833 | $100,400 | $950 |
| Lakeport | 1,170 | $63,646 | $123,800 | $1,263 |
| Tatum | 1,435 | $77,404 | $195,200 | $918 |
| Hallsville | 4,628 | $85,313 | $229,800 | $1,255 |
| Kilgore | 13,470 | $66,295 | $171,600 | $1,010 |
| Longview | 82,923 | $63,340 | $202,600 | $1,101 |
| Beckville | 690 | $48,125 | $115,400 | $926 |
| Henderson | 13,385 | $61,285 | $173,700 | $1,007 |
More for people moving to Lake Cherokee
Lake Cherokee ZIP code ›Weather and climate ›Living in Lake Cherokee: FAQ
What is the median household income in Lake Cherokee, TX?
The median household income in Lake Cherokee is $91,855, 17% higher than the Texas median of $78,476 (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
What is the average home price in Lake Cherokee?
The median home value in Lake Cherokee is $345,000, compared with $283,800 in Texas.
How much is rent in Lake Cherokee?
The median gross rent in Lake Cherokee is $930 per month, about 18.8% of household income.
Is Lake Cherokee, TX a good place to live?
Pluses: median household income 17% higher than the Texas median; unemployment of 2.9%; a poverty rate of 11.3%. Minuses: home values 22% higher than the state median; an average commute of 28 minutes.
What is the median age in Lake Cherokee?
The median age in Lake Cherokee is 57.4 years (Texas: 35.6).
How long is the commute in Lake Cherokee?
The average commute to work in Lake Cherokee is 28 minutes; 4.9% of workers work from home.
What is the unemployment rate in Lake Cherokee?
The unemployment rate in Lake Cherokee is 2.9% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is Lake Cherokee?
33% of adults in Lake Cherokee 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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