Cherry Valley, AR Profile: Facts & Data

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Cherry Valley, Arkansas - Basic Facts

The City of Cherry Valley had a population of 566 as of July 1, 2019.

The primary coordinate point for Cherry Valley is located at latitude 35.402 and longitude -90.7532 in Cross County. The formal boundaries for the City of Cherry Valley encompass a land area of 0.87 sq. miles and a water area of 0 sq. miles. Cross County is in the Central time zone (GMT -6). The elevation is 282 feet.

The City of Cherry Valley (GNIS ID: 2404039) has a C1 Census Class Code which indicates an active incorporated place that does not serve as a county subdivision equivalent. It also has a Functional Status Code of "A" which identifies an active government providing primary general-purpose functions.

The City of Cherry Valley is located within Township of Mitchell, a minor civil division (MCD) of Cross County.


Jump to... (On This Page!)
  1. Cherry Valley 2019 Demographic Data
  2. Growth Rates for Cherry Valley (Historical & 5-Year Forecast)
  3. Peer Comparisons (Rank and Percentile)
  1. Neighborhoods Demographics (Home Values, Household Income, etc.)
  2. Arkansas Research Tools (Easy Tools & Current Data)
  3. Arkansas Data Comparison Tool - 2019 Demographics

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Boundary Maps, Demographic Data, School Zones Review maps and data for the neighborhood, city, county, ZIP Code, and school zone. July 1, 2019, data includes home values, household income, percentage of homes owned, rented or vacant, etc.


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Cherry Valley, AR Data & Demographics (As of July 1, 2019)

HOUSING AFFORDABILITY INDEX

Cherry Valley, AR Housing Affordability Index is 303
State of Arkansas Housing Affordability Index is 177
The Housing Affordability Index base is 100 and represents a balance point where a resident with a median household income can normally qualify to purchase a median price home. Values above 100 indicate increased affordability, while values below 100 indicate decreased affordability.

WEALTH INDEX

Cherry Valley, AR Wealth Index is 50
State of Arkansas Wealth Index is 67
The Wealth Index is based on a number of indicators of affluence including average household income and average net worth, but it also includes the value of material possessions and resources. It represents the wealth of the area relative to the national level. Values above or below 100 represent above-average wealth or below-average wealth compared to the national level.

These new demographic attributes are availiable for Neighborhoods, Cities, Counties, and ZIP Codes.

More Tools and Resources:

  1. For information about schools and school attendance zones, use the HTL Address Tool
  2. Our new HTL Neighborhood Explorer provides lots of detail about any neighborhood.
  3. The new 2-Minute Introduction and Concise Guide to Big Data which will help you make the most effective use of HomeTownLocator Tools.
  4. See the References & Data Sources page for more information about methodology and sources of data.
  5. See the Arkansas COVID-19 Data and US COVID-19 Data for more information on the spread of the novel coronavirus.

POPULATION

Total Population 566
Population in Households 566
Population in Families 478
Population in Group Qrtrs 0
Population Density 650
Diversity Index1 29
 

INCOME

Median Household Income $44,748
Average Household Income $57,395
Per Capita Income $21,700
Wealth Index3 50

HOUSING

Total Housing Units 248 (100%)
Owner Occupied HU 141 (56.9%)
Renter Occupied HU 75 (30.2%)
Vacant Housing Units 32 (12.9%)
Median Home Value $78,629
Housing Affordability Index2 303
 

HOUSEHOLDS

Total Households 216
Average Household Size 2.62
Family Households 157
Average Family Size 3
NOTES
  1. The Diversity Index is a scale of 0 to 100 that represents the likelihood that two persons, chosen at random from the same area, belong to different race or ethnic groups. If an area's entire population belongs to one race AND one ethnic group, then the area has zero diversity. An area's diversity index increases to 100 when the population is evenly divided into two or more race/ethnic groups.
  2. The Housing Affordability Index base is 100 and represents a balance point where a resident with a median household income can normally qualify to purchase a median price home. Values above 100 indicate increased affordability, while values below 100 indicate decreased affordability.
  3. The Wealth Index is based on a number of indicators of affluence including average household income and average net worth, but it also includes the value of material possessions and resources. It represents the wealth of the area relative to the national level. Values above or below 100 represent above-average wealth or below-average wealth compared to the national level.

GROWTH RATE / YEAR

2010-2019 2019-2024
Population -0.59% -0.72%
Households -0.54% -0.66%
Families -0.4% -0.78%
Median Household Income   1.92%
Per Capita Income   2.1%

Cherry Valley, AR - Peer Comparisons by Rank and Percentile

The table below compares Cherry Valley to the other 540 incorporated cities, towns and CDPs in Arkansas by rank and percentile using July 1, 2019 data. The location Ranked # 1 has the highest value. A location that ranks higher than 75% of its peers would be in the 75th percentile of the peer group.

Variable Description Rank Percentile
Total Population # 284 48th
Population Density # 171 69th
Diversity Index # 268 51st
Median Household Income # 195 64th
Per Capita Income # 295 46th

Additional comparisons and rankings can be made with a VERY EASY TO USE Arkansas Census Data Comparison Tool.

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