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Cherry village, Illinois Demographics & Population 2026

Very AffordableHome value to income ratio of 2.1x is exceptionally low

As of 2026, Cherry village, Illinois has a total population of 488, the 950th largest city in Illinois, with a median household income of $47,250, which is 42% lower than the state average. The poverty rate is 12.3%.

Key Takeaways

Cherry village Quick Facts

Population 488
Median Household Income $47,250
Median Home Value $96,900
Poverty Rate 12.3%
Unemployment Rate 1.9%
Median Age 54.5 years
Homeownership Rate 85.3%
Affordability Ratio 2.1x
Bachelor's Degree or Higher 13.5%
High School Graduation Rate 81.1%
Diversity Index 11/100
Population 488 950th of 1,445
Median Income $47,250 bottom 20%
Poverty Rate 12.3% 1% lower national
Median Home Value $96,900 below average

How Cherry village Compares

Economy & Housing

Employment

1.9% Unemployment Rate State: 5.8% | National: 5.2%
52.0% Labor Force Participation

Housing Overview

Owner 85.3%
Renter 14.7%
Affordability Index Very Affordable
2.1x home value to income ratio

People & Demographics

Diversity Index

11out of 100
Very Low Diversity

A less diverse community where one racial or ethnic group represents a large majority.

State average: 60 | National average: 60

Education

Cherry village Rankings in Illinois

#950 Population of 1,445
#1192 Median Income of 1,445
#940 Education of 1,445
#881 Home Value of 1,445

Cities Similar to Cherry village

These cities in the same state have comparable population and economic profiles.

CityPopulationMedian IncomeHome ValueBachelor's+Poverty
Wilsonville village492$49,038$86,0006.1%13.7%
Thompsonville village475$46,023$85,70012.1%16.2%
Sorento village503$48,333$52,9009.6%19.1%
De Land village472$50,500$90,0005.8%11.9%
Keithsburg city520$46,875$58,8003.7%15.6%

Population Overview

Cherry village is a small community located in Illinois. The total population is 488. It ranks as the 950th most populous out of 1,445 cities and towns in Illinois.

Age Demographics

The median age in Cherry village is 54.5 years. This is 40% higher than the state median of 38.9 years. 18.4% of residents are 75 or older, suggesting a significant retirement-age population with implications for healthcare services and senior housing.

Economy, Income & Housing

The median household income in Cherry village is $47,250. This is 42% lower than the state median of $81,702. Compared to the national median of $78,538, household income here is 40% lower. The poverty rate stands at 12.3%. This is 5% higher than the state poverty rate of 11.7%. The unemployment rate is 1.9%. This is 67% lower than the state rate of 5.8%. The median home value is $96,900. Housing costs are 61% lower than the state median of $250,500. With a home-value-to-income ratio of just 2.1x, Cherry village is one of the most affordable housing markets in the area. 85.3% of occupied housing units are owner-occupied. This homeownership rate is 28% higher than the state average of 66.8%.

Race & Ethnicity

Cherry village has a predominantly White (non-Hispanic) population, comprising 94.1% of all residents. Hispanic or Latino residents account for 3.3%. The White (non-Hispanic) population is significantly higher than the state average (94.1% vs 58.8%). The Hispanic or Latino population (3.3%) is well below the state average of 18.5%. The Asian population (1.2%) is well below the state average of 5.8%.

Education

13.5% of residents aged 25 and older hold a bachelor's degree or higher. This is 64% lower than the state rate of 37.2%. Nationally, 35.0% of adults hold at least a bachelor's degree. The high school graduation rate (or equivalent) is 81.1%.

Data Sources & Methodology

All demographic data for Cherry village, Illinois is sourced from the U.S. Census Bureau's American Community Survey (ACS) 5-Year Estimates (2019-2023). The ACS collects data from approximately 3.5 million households annually, providing reliable estimates for communities of all sizes. Comparisons are made against Illinois state averages and national averages calculated from the same dataset. Rankings reflect the city's position among all 1,445 Census-designated places in Illinois. For official data, visit data.census.gov.

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Frequently Asked Questions

What is the population of Cherry village, Illinois?

Cherry village, Illinois has a population of 488 according to the most recent U.S. Census ACS 5-Year Estimates.

What is the median household income in Cherry village, IL?

The median household income in Cherry village is $47,250, which is 40% lower the national median of $78,538.

What is the poverty rate in Cherry village, IL?

The poverty rate in Cherry village is 12.3%. This means approximately 60 residents live below the federal poverty line.

What is the racial makeup of Cherry village, Illinois?

Cherry village's population is 94.1% White, 0.0% Black, 3.3% Hispanic/Latino, and 1.2% Asian.

What is the median home value in Cherry village, IL?

The median home value in Cherry village is $96,900. The home-value-to-income ratio is 2.1x.

How educated is Cherry village, Illinois?

13.5% of adults (25+) in Cherry village hold a bachelor's degree or higher, and 3.0% hold a graduate or professional degree.