Pennsylvania · Census place 13120
Cherry Tree borough, PA
Quick answer
Cherry Tree borough has 270 residents, ranking #1614 of 2002 places in Pennsylvania. Median household income is $65,991, the median home is worth $106,300 and median gross rent runs $725 a month.
- Population
- 270Cherry Tree borough residents
- Median household income
- $65,991Past 12 months, inflation adjusted
- Median home value
- $106,300Owner-occupied units
- Median gross rent
- $725Rent plus utilities, monthly
- Median age
- 53.5 yrsAll residents
- Homeownership rate
- 84%Owner-occupied households
What the numbers mean in Cherry Tree borough
Housing cost measured against local earnings.
A household earning the Cherry Tree borough median would spend about 13.2% 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 1.6× the median household income; nationally that ratio sits near 4.5×. Poverty affects 5.2% of residents and 84% 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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