Cherry Branch, NC

Full City Profile · North Carolina · Carteret County County

4.5 /5.0
A+ Excellent
1,406 Population 1,223/sq mi density
$111,930 Median Income $41,785 per capita
$278,800 Home Value $380,071 Zillow
$1,645 Median Rent 17.3% income on rent
64°F Avg Temperature
A+
Overall
4.5 / 5.0
Strong
A+
Economy
5.0 / 5.0
$111,930 median income, 1.7% unemployment
A+
Affordability
5.0 / 5.0
$278,800 home value, $1,645/mo rent
B
Education
3.5 / 5.0
31.0% bachelor's degree or higher

Cherry Branch, NC

At a Glance

Median Income
$111,930
49% above
$41,785 per capita
Home Value
$278,800
1% below
Zillow: $380,071
Median Rent
$1,645/mo
41% above
17.3% of income on rent
Bachelor's Degree+
31.0%
8% below
95.7% high school+
Unemployment
1.7%
53% below
3.5% poverty rate
Obesity Rate
37.2%
16% above
15.7% smoking rate
Avg Temperature
64°F

How Cherry Branch Compares to the U.S. Average

Each bar shows Cherry Branch's value as a percentage of the national average (100% = U.S. avg)

Income
149%
Home Value
99%
Rent
141%
Poverty
28%
Bachelor's
92%
Unemployment
47%
Thin vertical line = U.S. national average (100%)

Is Cherry Branch a Good Place to Live?

A+
4.5 / 5.0 - Excellent
Based on economy, affordability, safety, and education metrics compared to national averages.

Economy & Jobs

Cherry Branch residents earn a median household income of $111,930 , which is 49% above the national average of $75,149. Per capita income is $41,785. The unemployment rate stands at 1.7% (53% below the U.S. rate of 3.6%). 3.5% of residents live below the poverty line. The area is home to 2,721 business establishments, including 264 restaurants.

Housing & Cost of Living

The median home value in Cherry Branch is $278,800 , 1% below the national median of $281,900. Zillow estimates the typical home at $380,071. Median rent is $1,645/month, with 17.3% of renters spending more than 30% of income on housing. The cost of living index is 94.3 (100 = national average). The median home was built in 2005.

Education

31.0% of adults in Cherry Branch hold a bachelor's degree or higher (8% below the national average). 95.7% have completed high school. Local schools score 6.5/10 in standardized testing.

Climate & Weather

Cherry Branch has an average annual temperature of 64°F (18°C). Winters average 47°F in January while summers reach 81°F in July. Annual precipitation totals 57.4 inches. Air quality is rated Good with a median AQI of 35.

Data Overview

People

Population1,406
Median Age30.9 yrs
Density1,223/mi²
Male / Female54% / 46%
Foreign Born1.0%
Veterans18.0%

Economy

A+
Median Income$111,930
Per Capita$41,785
Unemployment1.7%
Poverty3.5%
County GDP$3,739M
Avg Weekly Wage$879

Housing

A+
Home Value$278,800
Rent$1,645
Ownership77.9%
Zillow$380,071
Housing Units464
Rent Burden17.3%

Health

Obesity37.2%
Diabetes10.6%
Smoking15.7%
Heart Disease6.0%
Premature Death10,599/100K

Climate

Avg Temp64°F
Rain57.4 in/yr
AQI35 (Good)
Elevation21 ft

Education

B
Bachelor's+31.0%
High School+95.7%
Graduate+10.6%
School Score6.5/10

Community

2024 VoteR 71% / D 28%
Commute56 min
Broadband93.5%
Internet Speed147 Mbps
EV Stations4
Libraries5

Did You Know?

The median home in Cherry Branch was built in 2005.
22.6% work from home.
The nearest airport is Coastal Carolina Regional (16 miles).
The Gini coefficient (income inequality) is 0.452 (U.S. avg: 0.490).
Natural hazard risk is rated "Relatively Moderate" by FEMA.
13.4% of the population has a disability.
Average internet download speed is 147 Mbps.
There are 264 restaurants in the area.
The county recorded 12 fatal vehicle crashes.