Cherry Valley, NY Profile: Facts & Data

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Cherry Valley, New York - Basic Facts

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The Village of Cherry Valley had a population of 502 as of July 1, 2018. Cherry Valley ranks in the lower quartile for Diversity Index when compared to the other cities, towns and Census Designated Places (CDPs) in New York. See peer rankings below.

The primary coordinate point for Cherry Valley is located at latitude 42.7982 and longitude -74.7522 in Otsego County. The formal boundaries for the Village of Cherry Valley (see map below) encompass a land area of 0.51 sq. miles and a water area of 0 sq. miles. Otsego County is in the Eastern time zone (GMT -5). The elevation is 1,345 feet.

The Village of Cherry Valley (GNIS ID: 2391602) 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 Village of Cherry Valley is located within Town of Cherry Valley, a minor civil division (MCD) of Otsego County.

Beneath the boundary map are tables with Cherry Valley population, income and housing data, five-year growth projections and peer comparisons for key demographic data. The estimates are for July 1, 2018.


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Cherry Valley, NY Data & Demographics (As of July 1, 2018)

POPULATION

Total Population 502
Population in Households 502
Population in Familes 418
Population in Group Qrtrs 0
Population Density1 985
Diversity Index2 9
 

INCOME

Median Household Income $54,554
Average Household Income $70,288
Per Capita Income $27,913

HOUSING

Total Housing Units 296 (100%)
Owner Occupied HU 177 (59.8%)
Renter Occupied HU 46 (15.5%)
Vacant Housing Units 73 (24.7%)
Median Home Value $159,459
Average Home Value $209,551
 

HOUSEHOLDS

Total Households 223
Average Household Size 2.25
Family Households 154
Average Family Size 3
NOTES
  1. Population Density = Total Population per square mile.
  2. 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.

GROWTH RATE / YEAR

2010-2017 2017-2022
Population -0.43% -0.6%
Households -0.53% -0.54%
Families 1.43% -0.66%
Median Household Income   2.98%
Per Capita Income   3.8%

Cherry Valley, NY - Peer Comparisons by Rank and Percentile

The table below compares Cherry Valley to the other 1,196 incorporated cities, towns and CDPs in New York by rank and percentile using July 1, 2018 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 # 1023 15th
Population Density # 707 41st
Diversity Index # 1101 8th
Median Household Income # 762 36th
Per Capita Income # 804 33rd

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

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