Lake Cherokee, TX
Full City Profile · Texas · Gregg County County
Lake Cherokee, TX
At a Glance
How Lake Cherokee Compares to the U.S. Average
Each bar shows Lake Cherokee's value as a percentage of the national average (100% = U.S. avg)
Is Lake Cherokee a Good Place to Live?
Economy & Jobs
Lake Cherokee residents earn a median household income of $91,571 , which is 22% above the national average of $75,149. Per capita income is $64,431. The unemployment rate stands at 3.2% (11% below the U.S. rate of 3.6%). 10.8% of residents live below the poverty line. The area is home to 4,316 business establishments, including 380 restaurants.
Housing & Cost of Living
The median home value in Lake Cherokee is $394,900 , 40% above the national median of $281,900. Zillow estimates the typical home at $225,365. Median rent is $919/month, with 23.6% of renters spending more than 30% of income on housing. The cost of living index is 97.1 (100 = national average). The median home was built in 1989.
Education
31.2% of adults in Lake Cherokee hold a bachelor's degree or higher (7% below the national average). 97.1% have completed high school. Local schools score 5.2/10 in standardized testing.
Climate & Weather
Lake Cherokee has an average annual temperature of 65°F (19°C). Winters average 47°F in January while summers reach 83°F in July. Annual precipitation totals 50.3 inches. Air quality is rated Good with a median AQI of 37.