Cherry Valley village
Illinois
Cherry Valley offers a refreshingly accessible slice of Americana, a village where the cost of living is a major draw. With a population just shy of 3,000, it's a tight-knit community where neighbors know each other and the pace of life feels intentionally slower. The median home value of $209,500 is significantly lower than the national average, making homeownership a realistic goal for many. The median household income of $78,125 reflects a comfortable standard of living, and the overall vibe is one of quiet contentment, ideal for those seeking a break from the hustle and bustle without sacrificing modern conveniences.
From an investment perspective, Cherry Valley presents a compelling case. The housing market is stable, and the affordability factor means you get a lot of bang for your buck. While specific unemployment figures for Cherry Valley aren't available, the strong median household income suggests a robust local economy. The village is known for its safety, adding to its appeal for families and individuals. This is a place for those who appreciate a strong sense of community, value affordability, and desire a more relaxed lifestyle. Cherry Valley is perfect for first-time homebuyers, retirees, or anyone seeking a well-positioned, financially sound place to call home.
Cherry Valley village, Illinois at a Glance
Cherry Valley village is a city in Illinois with a population of approximately 2,951. The median home value is $209,500 and the median household income is $78,125.. The violent crime rate is 1.2 per 1,000 residents, which is 67% below the national average.. Median rent is $880 per month. Data sourced from the US Census Bureau, FBI Crime Data Explorer, EPA, Walk Score, and FEMA.
Median Home Value
$209,500
Median Income
$78,125
Population
2,951
Walk Score
N/A
Air Quality
N/A
Climate Risk
N/A
Excellent
Are you a real estate agent in Cherry Valley village?
Thousands of homebuyers research this neighborhood every month. Make sure they find you.
Get discovered
Your profile shown to every visitor
Generate leads
Direct calls, emails & website clicks
Build authority
Branded reports & local expert badge
Available on Pro & Enterprise plans
- Population
- 2,951
- Median Age
- N/A
- Median Household Income
- $78,125
5% above nat'l avg
- Bachelor's Degree+
- N/A
- Poverty Rate
- 4.0%
68% below nat'l avg
- Median Home Value
- $209,500
26% below nat'l avg
- Median Rent
- $880
24% below nat'l avg
- Homeownership Rate
- 76.8%
17% above nat'l avg
- Affordability Index
- N/A
- Violent Crime Rate
- 1.2 per 1K
67% below nat'l avg
- Property Crime Rate
- 3.7 per 1K
81% below nat'l avg
- AQI
- N/A
- Category
- N/A
- Overall Risk
- N/A
- Risk Score
- N/A
- Overall
- N/A
- Road Traffic
- N/A
- Aviation
- N/A
- Rail
- N/A
- Electricity Rate
- N/A
- Est. Monthly Electric
- N/A
- Unemployment Rate
- 2.4%
35% below nat'l avg
- Poverty Rate
- 4.0%
68% below nat'l avg
Weather & Climate in Cherry Valley village
Avg High
63°F
Avg Low
45°F
Annual Rainfall
37.7"
Avg Humidity
69%
Political Landscape
→ Politically stable
Based on McLean County county-level presidential election data
Culture & Things to Do in Cherry Valley village
Cherry Valley Summerfest
Annual festival featuring food, music, and family activities.
Cherry Valley Farmers Market
Weekly market offering local produce and goods.
Cherry Valley Christmas Parade
Annual holiday parade with floats and community participation.
Cherry Valley Days
Community celebration with games, food, and entertainment.
Similar Cities in Illinois
Cicero
Cicero town, IL
Champaign
Champaign city, IL
Bloomington
Bloomington city, IL
Joliet
Joliet city, IL
Aurora
Aurora city, IL