California · Census place 12916
Cherry Valley CDP, CA
Quick answer
Cherry Valley CDP has 7,302 residents, ranking #563 of 1618 places in California. Median household income is $78,125, the median home is worth $358,000 and median gross rent runs $1,380 a month.
- Population
- 7,302Cherry Valley CDP residents
- Median household income
- $78,125Past 12 months, inflation adjusted
- Median home value
- $358,000Owner-occupied units
- Median gross rent
- $1,380Rent plus utilities, monthly
- Median age
- 55.1 yrsAll residents
- Homeownership rate
- 85%Owner-occupied households
What the numbers mean in Cherry Valley CDP
Housing cost measured against local earnings.
A household earning the Cherry Valley CDP median would spend about 21.2% of gross income on the median rent. The 30% mark is the federal threshold for cost burden, so anything above it signals a stretched rental market. The median home costs 4.6× the median household income; nationally that ratio sits near 4.5×. Poverty affects 13.9% of residents and 85% of households own their home.
Source: US Census Bureau, ACS 2019-2023 5-year estimates · rates as published for 2019-2023 ACS 5-year
Compare with nearby places
Places of similar size in California.
- Gridley city 7,372
- Oroville East CDP 7,369
- Heber CDP 7,308
- Mira Monte CDP 7,301
- Ladera Heights CDP 7,249
- Mammoth Lakes town 7,233
- Taft city 7,228
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