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 Rate | 3.0% |
| Poverty Rate | 1.8% |
| Gini Coefficient | 0.424 |
| Cost of Living Index | 100.0 |
Commute
| Mean Commute | 26 minutes |
| Drive Alone | 87.4% |
| Public Transit | 1.6% |
| Work From Home | 7.5% |
Businesses
| Total Establishments | 880 |
| Restaurants | 75 |
| Healthcare | 70 |
| Retail | 90 |
| Manufacturing | 68 |
Tax
| IRS Avg AGI | $78,138 |
| Avg Property Tax | $8,648 |
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