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North Carolina · Census place 12186

Cherry Branch CDP, NC

Quick answer

Cherry Branch CDP has 1,406 residents, ranking #396 of 777 places in North Carolina. Median household income is $111,930, the median home is worth $278,800 and median gross rent runs $1,645 a month.

Population
1,406Cherry Branch CDP residents
Median household income
$111,930Past 12 months, inflation adjusted
Median home value
$278,800Owner-occupied units
Median gross rent
$1,645Rent plus utilities, monthly
Median age
30.9 yrsAll residents
Homeownership rate
77.9%Owner-occupied households

What the numbers mean in Cherry Branch CDP

Housing cost measured against local earnings.

A household earning the Cherry Branch CDP median would spend about 17.6% 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 2.5× the median household income; nationally that ratio sits near 4.5×. Poverty affects 2.4% of residents and 77.9% of households own their home.

Source: US Census Bureau, ACS 2019-2023 5-year estimates · rates as published for 2019-2023 ACS 5-year

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