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Texas · Census place 40468

Lake Cherokee CDP, TX

Quick answer

Lake Cherokee CDP has 3,358 residents, ranking #532 of 1863 places in Texas. Median household income is $91,571, the median home is worth $394,900 and median gross rent runs $919 a month.

Population
3,358Lake Cherokee CDP residents
Median household income
$91,571Past 12 months, inflation adjusted
Median home value
$394,900Owner-occupied units
Median gross rent
$919Rent plus utilities, monthly
Median age
56.1 yrsAll residents
Homeownership rate
83.4%Owner-occupied households

What the numbers mean in Lake Cherokee CDP

Housing cost measured against local earnings.

A household earning the Lake Cherokee CDP median would spend about 12% 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 4.3× the median household income; nationally that ratio sits near 4.5×. Poverty affects 10.8% of residents and 83.4% 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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