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Cherry Valley, NY

Full City Profile · New York · Montgomery County County

3.7 /5.0
B+ Good
543 Population 1,065/sq mi density
$85,833 Median Income $33,695 per capita
$174,600 Home Value $214,529 Zillow
$725 Median Rent 34.2% income on rent
45°F Avg Temperature 261 sunny days/yr
185 Violent Crime/100K 2,503 property/100K
B+
Overall
3.7 / 5.0
Good overall score based on economy, affordability, safety and education
A
Economy
4.4 / 5.0
$85,833 median income, 3.2% unemployment
A+
Affordability
5.0 / 5.0
$174,600 home value, $725/mo rent
F
Safety
1.0 / 5.0
185 violent crimes/100K
A+
Education
4.5 / 5.0
43.9% bachelor's degree or higher

Income Overview

Median Household Income
$85,833
14% above
US avg: $75,149
Per Capita Income
$33,695
14% below
US avg: $39,052
Unemployment Rate
3.2%
11% below
US avg: 3.6%
Poverty Rate
8.2%
34% 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
$85,833
114%
Per Capita
US: $39,052
$33,695
86%
IRS Avg AGI
US: $72,000
$60,796
84%
Avg Weekly Wage
US: $1,432
$1,034
72%
Thin line = U.S. average (100%)

Employment & Commute

Avg Weekly Wage
$1,034
28% below US avg ($1,432)
Mean Commute Time
22 min
20% below US avg (28 min)
Work From Home
4.7%
69% below US avg (15.2%)
Drive Alone
76.7%
5% above US avg (73.2%)
Public Transit
0.0%
100% below US avg (5.0%)
County GDP
$2,632M
County-level GDP (BEA 2024)

How Residents Get to Work

Drive Alone 76.7%
Public Transit 0%
Work From Home 4.7%
Other 18.6%
Average commute time
22 minutes
US avg: 28 min

Business Landscape

Total Establishments
1,248
Restaurants
104
Healthcare
190
Retail
172
Manufacturing
52

Tax & Financial

IRS Avg Adjusted Gross Income
$60,796
16% below US avg ($72,000)
Avg Property Tax
$5,966
70% above US avg ($3,500)
Cost of Living Index
107.9
Above national average (100 = US avg)

Complete Economy Data

Income & Wages

Median Household Income$85,833
Per Capita Income$33,695
IRS Avg Adjusted Gross Income$60,796
Avg Weekly Wage$1,034
County GDP$2,632M

Hardship Indicators

Unemployment Rate3.2%
Poverty Rate8.2%
Gini Coefficient0.435
Cost of Living Index107.9

Commute

Mean Commute22 minutes
Drive Alone76.7%
Public Transit0.0%
Work From Home4.7%

Businesses

Total Establishments1,248
Restaurants104
Healthcare190
Retail172
Manufacturing52

Tax

IRS Avg AGI$60,796
Avg Property Tax$5,966