According to statistics, the population in Cherry Valley, IL amounts to 2,796, which shows decline -11% compared to the previous year. The median age of the city’s residents is 52. The average household income is $56,438, shifting decline -4% from the past year, and the average property value in Cherry Valley, IL decline -1% to $163,700 throughout the year.
|Number Of Employees||1,559|
|Median Property Value||$163,700|
The average household income in Cherry Valley, IL declined from $58,750 to $56,438 in the past year. This data is an estimate based upon 1,335 households in Cherry Valley, IL . The chart below presents how household income is distributed in Cherry Valley, IL in comparison to the revenue allocation amid households nationally.
According to data from last year, the average property value in Cherry Valley, IL shifted from $165,000 to $163,700 throughout the year. The subsequent graph indicates the share of properties in the given price range in Cherry Valley, IL in comparison to the median property value in the same price segment across the country. According to the data, the greatest share of Cherry Valley, IL properties falls in the '$150,000 to $174,999' range, which is lower than the most significant median property across the country.
One of the most important aspects for property owners is the amount of property taxes. This graph shows distribution of property taxes in Cherry Valley, IL compared to median property taxes around the country. The prevalent amount of property taxes in Cherry Valley, IL equals $3000, which is less than the national average.