Cherry Valley

Population: 7,302
Median household income: $78,125
Median home value: $358,000

Cherry Valley, a community in Riverside County, California, has 7,302 residents. Its median household income of $78,125 runs below the Riverside County figure of $89,672.

From 2019 to 2023, Cherry Valley's population declined 10.0% from 8,115 to 7,302, while its median home value rose 29.7% from $276,100 to $358,000.

The typical home was built around 1974. 13.9% of residents live below the poverty line.

Demographics

ACS 2019–2023

Population: 7,302
Median age: 55.1 yrs
Median household income: $78,125
Median home value: $358,000
Median gross rent: $1,380
Housing units: 2,968
Homeownership rate: 85.0%
Bachelor's degree or higher: 21.6%
Unemployment rate: 13.5%

Trends

ACS 5-year · 2019–2023

Population

8,1157,302

Median household income

$54,750$78,125

Median home value

$276,100$358,000

Median gross rent

$969$1,380

Year	Population	Median household income	Median home value	Median gross rent
2019	8,115	$54,750	$276,100	$969
2020	8,026	$70,471	$285,800	$1,146
2021	7,749	$77,273	$299,800	$1,268
2022	7,652	$83,994	$348,900	$1,283
2023	7,302	$78,125	$358,000	$1,380

Each year is a US Census Bureau ACS 5-year estimate ending that year.

Age distribution

Under 54.6%

5 to 1711.2%

18 to 246.8%

25 to 349.7%

35 to 449.3%

45 to 548.2%

55 to 6417.5%

65 to 7419.3%

75 and over13.3%

	Count	Share
Under 5	335	4.6%
5 to 17	816	11.2%
18 to 24	499	6.8%
25 to 34	710	9.7%
35 to 44	681	9.3%
45 to 54	596	8.2%
55 to 64	1,279	17.5%
65 to 74	1,412	19.3%
75 and over	974	13.3%

Race & ethnicity

	Count	Share
White (non-Hispanic)	4,424	60.6%
Black or African American	257	3.5%
American Indian & Alaska Native	22	0.3%
Asian	128	1.8%
Native Hawaiian & Pacific Islander	0	0.0%
Some other race	0	0.0%
Two or more races	135	1.8%
Hispanic or Latino (any race)	2,336	32.0%

Educational attainment (age 25+)

No high school diploma15.4%

High school graduate28.2%

Some college or associate's34.8%

Bachelor's degree9.8%

Graduate or professional degree11.7%

	Count	Share
No high school diploma	871	15.4%
High school graduate	1,596	28.2%
Some college or associate's	1,966	34.8%
Bachelor's degree	556	9.8%
Graduate or professional degree	663	11.7%

Commute to work

Mean travel time to work: 36 min

Drove alone71.3%

Carpooled13.2%

Public transit0.0%

Walked0.5%

Bicycle0.0%

Worked from home11.7%

Other means3.3%

How workers get to work

	Count	Share
Drove alone	1,842	71.3%
Carpooled	341	13.2%
Public transit	0	0.0%
Walked	13	0.5%
Bicycle	0	0.0%
Worked from home	303	11.7%
Other means	86	3.3%

Travel time

	Count	Share
Under 15 min	569	24.9%
15 to 29 min	522	22.9%
30 to 44 min	568	24.9%
45 to 59 min	214	9.4%
60+ min	409	17.9%

Households

Average household size: 2.60
Poverty rate: 13.9% (1,005 of 7,220)

	Count	Share
Family households	1,802	65.5%
Nonfamily households	951	34.5%

Housing

Median year structure built: 1974

Occupancy

	Count	Share
Occupied	2,753	92.8%
Vacant	215	7.2%

Tenure (of occupied units)

	Count	Share
Owner-occupied	2,341	85.0%
Renter-occupied	412	15.0%

1-unit, detached68.1%

1-unit, attached0.0%

2 to 4 units0.2%

5 to 19 units0.0%

20 or more units0.0%

Mobile home & other31.7%

Units in structure

	Count	Share
1-unit, detached	2,022	68.1%
1-unit, attached	0	0.0%
2 to 4 units	5	0.2%
5 to 19 units	0	0.0%
20 or more units	0	0.0%
Mobile home & other	941	31.7%

Geography

Place GEOID: 0612916
Type (LSAD): 57
Land area: 8.01 sq mi
Water area: 0 sq mi
Center point: 33.9796, -116.9694