Cherry Valley, New York Demographics & Population 2026
During the 2020–2024 ACS period, Cherry Valley, New York had a total population of 482, the 1070th largest village in New York, with a median household income of $96,458, which is 12% higher than the state average. The poverty rate is 5.8%.
Data vintage: U.S. Census Bureau ACS 2020–2024 5-Year Estimates · refreshed July 2026 · Methodology & source notes
Key Takeaways
- Housing is very affordable with a home-value-to-income ratio of just 1.7x.
Cherry Valley Quick Facts
How Cherry Valley 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 | 543 | 482 | -11.2% |
| Median household income | $85,833 | $96,458 | +12.4% |
| Median home value | $174,600 | $162,200 | -7.1% |
How Cherry Valley 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 less diverse community where one racial or ethnic group represents a large majority.
State average: 65 | National average: 61
Education
Educational Attainment (Adults 25+)
Cherry Valley Rankings in New York
Explore New York Rankings
Other Cities in Otsego County
| City | Population | Median Income | Poverty | Home Value |
|---|---|---|---|---|
| Oneonta | 15,045 | $61,111 | 16.6% | $184,100 |
| Cooperstown | 2,220 | $76,000 | 11.6% | $380,900 |
| West End | 1,891 | $71,563 | 20.9% | $151,100 |
| Unadilla | 1,419 | $65,972 | 17.6% | $110,800 |
| Richfield Springs | 1,104 | $55,750 | 25.6% | $132,400 |
| Worcester | 1,032 | $64,474 | 35.9% | $145,700 |
| Otego | 936 | $78,804 | 6.8% | $186,100 |
| Morris | 626 | $98,500 | 11.8% | $172,500 |
| Edmeston | 515 | $57,269 | 23.7% | $143,400 |
| Milford | 475 | $64,167 | 6.7% | $152,500 |
Cities Similar to Cherry Valley
These cities in the same state have comparable population and economic profiles.
| City | Population | Median Income | Home Value | Bachelor's+ | Poverty |
|---|---|---|---|---|---|
| Coopers Plains | 480 | N/A | $223,100 | 29.8% | 15.6% |
| Kiamesha Lake | 469 | N/A | $151,100 | 6.5% | 4.9% |
| Barryville | 461 | N/A | $389,700 | 61.9% | 3.0% |
| Newport | 491 | $86,750 | $156,300 | 19.6% | 9.4% |
| Cadyville | 479 | $84,012 | $198,400 | 46.5% | 0.0% |
A note before these figures: with a population of 482, Cherry Valley's ACS estimates come from a small number of survey responses and carry wide margins of error. Individual percentages below — particularly rates that round to 0% or 100% — are approximations, not precise measurements. See data.census.gov for the published margins of error.
Population Overview
Cherry Valley is a small community located in New York, within Otsego County. The total population is 482. It ranks as the 1070th most populous out of 1,289 Census-designated places in New York.
Age Demographics
The median age in Cherry Valley is 39.2 years. This is 2% lower than the state median of 39.8 years.
Economy, Income & Housing
The median household income in Cherry Valley is $96,458. This is 12% higher than the state median of $85,974. It is also 19% higher than the national median of $80,734. The poverty rate stands at 5.8%. This is 58% lower than the state poverty rate of 14.0%. The unemployment rate is 5.0%. This is 22% lower than the state rate of 6.4%. The median home value is $162,200. Housing costs are 62% lower than the state median of $423,800. With a home-value-to-income ratio of just 1.7x, Cherry Valley is one of the most affordable housing markets in the area. 94.3% of occupied housing units are owner-occupied. This homeownership rate is 74% higher than the state average of 54.4%.
Race & Ethnicity
Cherry Valley has a predominantly White (non-Hispanic) population, comprising 95.4% of all residents. Asian residents account for 1.0%. The White (non-Hispanic) population is significantly higher than the state average (95.4% vs 52.8%). The Black or African American population (0.2%) is well below the state average of 13.4%. The Asian population (1.0%) is well below the state average of 9.0%.
Education
42.1% of residents aged 25 and older hold a bachelor's degree or higher. This is 5% higher than the state rate of 40.2%. Nationally, 35.7% of adults hold at least a bachelor's degree. The high school graduation rate (or equivalent) is 96.5%.
Data Sources & Methodology
All demographic data for Cherry Valley, New York 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 New York state averages and national averages calculated from the same dataset. Rankings reflect the city's position among all 1,289 Census-designated places in New York. 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 New York city and county demographics as CSV. Download Cities CSV | Download Counties CSV
Frequently Asked Questions
What is the population of Cherry Valley, New York?
Cherry Valley, New York has a population of 482 according to the most recent U.S. Census ACS 5-Year Estimates.
What is the median household income in Cherry Valley, NY?
The median household income in Cherry Valley is $96,458, which is 19% higher than the national median of $80,734.
What is the poverty rate in Cherry Valley, NY?
The poverty rate in Cherry Valley is 5.8%. This means approximately 28 residents live below the federal poverty line.
What is the racial makeup of Cherry Valley, New York?
Cherry Valley's population is 95.4% White, 0.2% Black, 0.0% Hispanic/Latino, and 1.0% Asian.
What is the median home value in Cherry Valley, NY?
The median home value in Cherry Valley is $162,200. The home-value-to-income ratio is 1.7x.
How educated is Cherry Valley, New York?
42.1% of adults (25+) in Cherry Valley hold a bachelor's degree or higher, and 14.2% hold a graduate or professional degree.