Cherry Valley, IL
Full City Profile · Illinois · Boone County County
Cherry Valley, IL
At a Glance
How Cherry Valley Compares to the U.S. Average
Each bar shows Cherry Valley's value as a percentage of the national average (100% = U.S. avg)
Is Cherry Valley a Good Place to Live?
Economy & Jobs
Cherry Valley residents earn a median household income of $74,766 , which is 1% below the national average of $75,149. Per capita income is $37,813. The unemployment rate stands at 5.1% (42% above the U.S. rate of 3.6%). 1.8% of residents live below the poverty line. The area is home to 880 business establishments, including 75 restaurants.
Housing & Cost of Living
The median home value in Cherry Valley is $222,400 , 21% below the national median of $281,900. Zillow estimates the typical home at $302,633. Median rent is $871/month, with 29.0% of renters spending more than 30% of income on housing. The cost of living index is 100.0 (100 = national average). The median home was built in 1996.
Safety & Crime
Cherry Valley reports 386 violent crimes per 100,000 residents , which is 1% above the national average of 380/100K. Property crime is 4,697/100K.
Education
30.7% of adults in Cherry Valley hold a bachelor's degree or higher (9% below the national average). 93.4% have completed high school. Local schools score 5.1/10 in standardized testing.
Climate & Weather
Cherry Valley has an average annual temperature of 49°F (10°C). Winters average 22°F in January while summers reach 74°F in July. Annual precipitation totals 37.2 inches.