Cherry Branch

Population: 1,406
Median household income: $111,930
Median home value: $278,800

Cherry Branch, a community in Craven County, North Carolina, has 1,406 residents. Its median household income of $111,930 runs above the Craven County figure of $64,635.

Between 2020 and 2023, Cherry Branch's population held roughly steady from 1,397 to 1,406, while its median home value rose 26.9% from $219,700 to $278,800.

31.0% of adults 25 and older hold a bachelor's degree or higher. Owners occupy 77.9% of the area's occupied homes.

Demographics

ACS 2019–2023

Population: 1,406
Median age: 30.9 yrs
Median household income: $111,930
Median home value: $278,800
Median gross rent: $1,645
Housing units: 451
Homeownership rate: 77.9%
Bachelor's degree or higher: 31.0%
Unemployment rate: 1.7%

Trends

ACS 5-year · 2019–2023

Population

1,3971,406

Median household income

$78,750$111,930

Median home value

$219,700$278,800

Median gross rent

$1,325$1,645

Year	Population	Median household income	Median home value	Median gross rent
2020	1,397	$78,750	$219,700	$1,325
2021	1,411	$86,050	$223,500	$1,427
2022	1,281	$105,739	$250,300	$1,579
2023	1,406	$111,930	$278,800	$1,645

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

Age distribution

Under 58.6%

5 to 1727.2%

18 to 249.0%

25 to 3411.9%

35 to 4416.1%

45 to 544.6%

55 to 6417.3%

65 to 742.8%

75 and over2.3%

	Count	Share
Under 5	121	8.6%
5 to 17	383	27.2%
18 to 24	127	9.0%
25 to 34	168	11.9%
35 to 44	226	16.1%
45 to 54	65	4.6%
55 to 64	243	17.3%
65 to 74	40	2.8%
75 and over	33	2.3%

Race & ethnicity

	Count	Share
White (non-Hispanic)	1,032	73.4%
Black or African American	217	15.4%
American Indian & Alaska Native	0	0.0%
Asian	0	0.0%
Native Hawaiian & Pacific Islander	0	0.0%
Some other race	0	0.0%
Two or more races	36	2.6%
Hispanic or Latino (any race)	121	8.6%

Educational attainment (age 25+)

No high school diploma4.3%

High school graduate15.7%

Some college or associate's49.0%

Bachelor's degree21.2%

Graduate or professional degree9.8%

	Count	Share
No high school diploma	33	4.3%
High school graduate	122	15.7%
Some college or associate's	380	49.0%
Bachelor's degree	164	21.2%
Graduate or professional degree	76	9.8%

Commute to work

Mean travel time to work: 56 min

Drove alone73.4%

Carpooled0.0%

Public transit0.9%

Walked0.0%

Bicycle0.0%

Worked from home22.6%

Other means3.1%

How workers get to work

	Count	Share
Drove alone	480	73.4%
Carpooled	0	0.0%
Public transit	6	0.9%
Walked	0	0.0%
Bicycle	0	0.0%
Worked from home	148	22.6%
Other means	20	3.1%

Travel time

	Count	Share
Under 15 min	0	0.0%
15 to 29 min	158	31.2%
30 to 44 min	162	32.0%
45 to 59 min	72	14.2%
60+ min	114	22.5%

Households

Average household size: 3.17
Poverty rate: 2.4% (34 of 1,406)

	Count	Share
Family households	401	90.5%
Nonfamily households	42	9.5%

Housing

Median year structure built: 2005

Occupancy

	Count	Share
Occupied	443	98.2%
Vacant	8	1.8%

Tenure (of occupied units)

	Count	Share
Owner-occupied	345	77.9%
Renter-occupied	98	22.1%

1-unit, detached93.8%

1-unit, attached0.7%

2 to 4 units0.0%

5 to 19 units5.5%

20 or more units0.0%

Mobile home & other0.0%

Units in structure

	Count	Share
1-unit, detached	423	93.8%
1-unit, attached	3	0.7%
2 to 4 units	0	0.0%
5 to 19 units	25	5.5%
20 or more units	0	0.0%
Mobile home & other	0	0.0%

Geography

Place GEOID: 3712186
Type (LSAD): 57
Land area: 1.15 sq mi
Water area: 0.51 sq mi
Center point: 34.9343, -76.8112