Cheval, Florida Demographics & Population 2026
During the 2020–2024 ACS period, Cheval, Florida had a total population of 13,969, the 276th largest community in Florida, with a median household income of $101,907, which is 37% higher than the state average. The poverty rate is 4.6%.
Data vintage: U.S. Census Bureau ACS 2020–2024 5-Year Estimates · refreshed July 2026 · Methodology & source notes
Key Takeaways
- Household income is 37% above the state average — one of the wealthiest communities in Florida.
- An exceptionally low poverty rate of 4.6% — among the lowest in Florida.
Cheval Quick Facts
How Cheval Changed
Change from the 2019–2023 ACS period to 2020–2024. These are rolling five-year estimates, not year-over-year measurements.
| Metric | 2019–2023 | 2020–2024 | Change |
|---|---|---|---|
| Population | 13,694 | 13,969 | +2.0% |
| Median household income | $92,095 | $101,907 | +10.7% |
| Median home value | $485,600 | $525,700 | +8.3% |
How Cheval Compares
Median Household Income
Median Home Value
Economy & Housing
Household Income Distribution
Detailed income brackets
Employment
Housing Overview
People & Demographics
Age Distribution
Race & Ethnicity
Diversity Index
A diverse community with significant representation from multiple racial and ethnic groups.
State average: 65 | National average: 61
Education
Educational Attainment (Adults 25+)
Cheval Rankings in Florida
Explore Florida Rankings
Other Cities in Hillsborough County
| City | Population | Median Income | Poverty | Home Value |
|---|---|---|---|---|
| Tampa | 401,618 | $75,475 | 15.4% | $420,400 |
| Brandon | 119,767 | $79,685 | 11.4% | $339,000 |
| Riverview | 113,697 | $100,438 | 7.5% | $384,200 |
| Town 'n' Country | 85,928 | $73,538 | 11.3% | $337,100 |
| University (Hillsborough County) | 48,127 | $37,207 | 37.0% | $164,900 |
| Plant City | 40,887 | $67,439 | 15.0% | $291,800 |
| Valrico | 40,239 | $104,839 | 9.9% | $393,700 |
| Carrollwood | 36,725 | $81,959 | 8.4% | $384,600 |
| Egypt Lake-Leto | 35,873 | $54,032 | 16.8% | $315,100 |
| Sun City Center | 33,548 | $73,528 | 8.3% | $317,000 |
Cities Similar to Cheval
These cities in the same state have comparable population and economic profiles.
| City | Population | Median Income | Home Value | Bachelor's+ | Poverty |
|---|---|---|---|---|---|
| Asbury Lake | 14,458 | $100,949 | $329,600 | 34.9% | 2.2% |
| Southchase | 13,981 | $92,431 | $388,800 | 34.3% | 11.9% |
| Celebration | 13,667 | $96,242 | $635,000 | 59.0% | 3.8% |
| Fernandina Beach | 13,420 | $97,903 | $555,400 | 53.3% | 11.3% |
| Sunset | 13,535 | $109,401 | $601,300 | 41.8% | 9.1% |
Population Overview
Cheval is a small city located in Florida, within Hillsborough County. The total population is 13,969. It ranks as the 276th most populous out of 955 Census-designated places in Florida.
Age Demographics
The median age in Cheval is 39.6 years. This is 7% lower than the state median of 42.6 years.
Economy, Income & Housing
The median household income in Cheval is $101,907. This is 37% higher than the state median of $74,568. It is also 26% higher than the national median of $80,734. The poverty rate stands at 4.6%. This is 64% lower than the state poverty rate of 12.6%. This exceptionally low poverty rate indicates strong economic prosperity across the community. The unemployment rate is 3.5%. This is 27% lower than the state rate of 4.8%. The median home value is $525,700. Housing costs are 46% higher than the state median of $359,000. The home-value-to-income ratio is 5.2x. 59.4% of occupied housing units are owner-occupied. This homeownership rate is 12% lower than the state average of 67.6%.
Race & Ethnicity
The largest racial or ethnic group in Cheval is White (non-Hispanic), making up 53.8% of the population. Hispanic or Latino residents account for 23.3%. The Black or African American population (5.8%) is well below the state average of 14.6%. The Asian population is significantly higher than the state average (11.6% vs 2.9%).
Education
55.3% of residents aged 25 and older hold a bachelor's degree or higher. This is 62% higher than the state rate of 34.2%. Nationally, 35.7% of adults hold at least a bachelor's degree. The high school graduation rate (or equivalent) is 96.9%. Notably, 24.0% of adults hold a graduate or professional degree, indicating a highly educated workforce.
Data Sources & Methodology
All demographic data for Cheval, Florida is sourced from the U.S. Census Bureau's American Community Survey (ACS) 2020–2024 5-Year Estimates. The ACS collects data from approximately 3.5 million households annually and pools five years of responses so that even small communities can be measured, though the margin of error widens as the population falls. Comparisons are made against Florida state averages and national averages calculated from the same dataset. Rankings reflect the city's position among all 955 Census-designated places in Florida. Read more about how these figures are produced on our methodology page, or visit data.census.gov for official data.
Free data download: Get all Florida city and county demographics as CSV. Download Cities CSV | Download Counties CSV
Frequently Asked Questions
What is the population of Cheval, Florida?
Cheval, Florida has a population of 13,969 according to the most recent U.S. Census ACS 5-Year Estimates.
What is the median household income in Cheval, FL?
The median household income in Cheval is $101,907, which is 26% higher than the national median of $80,734.
What is the poverty rate in Cheval, FL?
The poverty rate in Cheval is 4.6%. This means approximately 636 residents live below the federal poverty line.
What is the racial makeup of Cheval, Florida?
Cheval's population is 53.8% White, 5.8% Black, 23.3% Hispanic/Latino, and 11.6% Asian.
What is the median home value in Cheval, FL?
The median home value in Cheval is $525,700. The home-value-to-income ratio is 5.2x.
How educated is Cheval, Florida?
55.3% of adults (25+) in Cheval hold a bachelor's degree or higher, and 24.0% hold a graduate or professional degree.