Lake Cherokee, TX
Full City Profile · Texas · Gregg County County
3.3
/5.0
B
Good
3,358
Population
273/sq mi density
$91,571
Median Income
$64,431 per capita
$394,900
Home Value
$225,365 Zillow
$919
Median Rent
23.6% income on rent
65°F
Avg Temperature
304 sunny days/yr
794
Violent Crime/100K
3,030 property/100K
B
Overall
3.3 / 5.0
Good overall score based on economy, affordability, safety and education
A+
Economy
4.6 / 5.0
$91,571 median income, 1.9% unemployment
A
Affordability
4.2 / 5.0
$394,900 home value, $919/mo rent
F
Safety
1.0 / 5.0
794 violent crimes/100K (109% above avg)
B
Education
3.5 / 5.0
31.2% bachelor's degree or higher
Housing Overview
Median Home Value
$394,900
40% above
US avg: $281,900
Median Rent
$919/mo
21% below
US avg: $1,163/mo
Homeownership Rate
83.4%
28% above US avg (65.4%)
Total Housing Units
1,925
Median year built: 1989
Home Value by Source
Census Median
$394,900
Zillow (ZHVI)
$225,365
Census ACS, Zillow ZHVI, Redfin median sale price
Ownership vs. Renting
83.4%
Owner-Occupied
16.6%
Renter-Occupied
US avg: 65.4% owner-occupied
Fair Market Rents (HUD FY2026)
Studio
$887/mo
1 Bedroom
$935/mo
2 Bedroom
$1,149/mo
3 Bedroom
$1,497/mo
4 Bedroom
$1,733/mo
Census median rent:
$919/mo
Affordability & Housing Stock
Rent Burden
23.6%
of renters spending 30%+ of income on housing
24% below US avg (31.0%)
Median Year Built
1989
Average age of housing stock: 37 years
Homeownership Rate
83.4%
Complete Housing Data
Home Values
| Census Median Value | $394,900 |
| Zillow Home Value (ZHVI) | $225,365 |
Rent
| Census Median Rent | $919 |
| FMR Studio | $887 |
| FMR 1-Bedroom | $935 |
| FMR 2-Bedroom | $1,149 |
| FMR 3-Bedroom | $1,497 |
| FMR 4-Bedroom | $1,733 |
Market
Ownership & Stock
| Owner-Occupied | 83.4% |
| Renter-Occupied | 16.6% |
| Homeownership Rate | 83.4% |
| Total Housing Units | 1,925 |
| Median Year Built | 1989 |
| Rent Burden | 23.6% |
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