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Cherry Valley, IL

Full City Profile · Illinois · Boone County County

3.4 /5.0
B Good
3,268 Population 389/sq mi density
$74,766 Median Income $37,813 per capita
$222,400 Home Value $284,390 Zillow
$871 Median Rent 29.0% income on rent
48°F Avg Temperature 260 sunny days/yr
521 Violent Crime/100K 5,909 property/100K
B
Overall
3.4 / 5.0
Good overall score based on economy, affordability, safety and education
A
Economy
4.3 / 5.0
$74,766 median income, 3.0% unemployment
A+
Affordability
5.0 / 5.0
$222,400 home value, $871/mo rent
F
Safety
1.0 / 5.0
521 violent crimes/100K (37% above avg)
B
Education
3.5 / 5.0
30.7% bachelor's degree or higher

Income Overview

Median Household Income
$74,766
1% below
US avg: $75,149
Per Capita Income
$37,813
3% below
US avg: $39,052
Unemployment Rate
3.0%
17% below
US avg: 3.6%
Poverty Rate
1.8%
85% below
US avg: 12.4%

Income Comparison: Cherry Valley vs. U.S. Average

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

Median Household
US: $75,149
$74,766
99%
Per Capita
US: $39,052
$37,813
97%
IRS Avg AGI
US: $72,000
$78,138
109%
Avg Weekly Wage
US: $1,432
$1,066
74%
Thin line = U.S. average (100%)

Employment & Commute

Avg Weekly Wage
$1,066
26% below US avg ($1,432)
Mean Commute Time
26 min
4% below US avg (28 min)
Work From Home
7.5%
51% below US avg (15.2%)
Drive Alone
87.4%
19% above US avg (73.2%)
Public Transit
1.6%
67% below US avg (5.0%)
County GDP
$1,975M
County-level GDP (BEA 2024)

How Residents Get to Work

Drive Alone 87.4%
Public Transit 1.6%
Work From Home 7.5%
Other 3.5%
Average commute time
26 minutes
US avg: 28 min

Business Landscape

Total Establishments
880
Restaurants
75
Healthcare
70
Retail
90
Manufacturing
68

Tax & Financial

IRS Avg Adjusted Gross Income
$78,138
9% above US avg ($72,000)
Avg Property Tax
$8,648
147% above US avg ($3,500)
Cost of Living Index
100.0
Below national average (100 = US avg)

Complete Economy Data

Income & Wages

Median Household Income$74,766
Per Capita Income$37,813
IRS Avg Adjusted Gross Income$78,138
Avg Weekly Wage$1,066
County GDP$1,975M

Hardship Indicators

Unemployment Rate3.0%
Poverty Rate1.8%
Gini Coefficient0.424
Cost of Living Index100.0

Commute

Mean Commute26 minutes
Drive Alone87.4%
Public Transit1.6%
Work From Home7.5%

Businesses

Total Establishments880
Restaurants75
Healthcare70
Retail90
Manufacturing68

Tax

IRS Avg AGI$78,138
Avg Property Tax$8,648