North Carolina · Census place 12340
Cherryville city, NC
Quick answer
Cherryville city has 6,154 residents, ranking #141 of 777 places in North Carolina. Median household income is $58,701, the median home is worth $198,000 and median gross rent runs $948 a month.
- Population
- 6,154Cherryville city residents
- Median household income
- $58,701Past 12 months, inflation adjusted
- Median home value
- $198,000Owner-occupied units
- Median gross rent
- $948Rent plus utilities, monthly
- Median age
- 37.7 yrsAll residents
- Homeownership rate
- 67.7%Owner-occupied households
What the numbers mean in Cherryville city
Housing cost measured against local earnings.
A household earning the Cherryville city median would spend about 19.4% 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 3.4× the median household income; nationally that ratio sits near 4.5×. Poverty affects 15% of residents and 67.7% 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 North Carolina.
- East Flat Rock CDP 6,468
- Silver Lake CDP 6,242
- Boiling Spring Lakes city 6,206
- Briar Chapel CDP 6,084
- Swannanoa CDP 6,043
- Dallas town 6,012
- Mocksville town 6,001
Keep going
More North Carolina coverage.