Is Cherry Valley, IL growing?
Cherry Valley, IL had an estimated 3,749 (±570) residents in 2020–2024, against 2,614 in 2015–2019.
That is a change of +43.4%, a measurable increase.
Its housing went from 1,234 to 1,528 homes (+23.8%), a measurable increase.
5.9% of today’s homes were built in 2020 or later.
Figures last updated on .
- Residents now
- 3,749 (±570)
- Amount of change
- +43.4%
- Homes change
- +23.8%
- Built 2020 or later
- 5.9%
Residents and homes in Cherry Valley, 2015–2019 and 2020–2024
| 2015–2019 | 2020–2024 | Amount of change | Verdict | |
|---|---|---|---|---|
| Residents | 2,614 (±364) | 3,749 (±570) | +43.4% | Measurable increase |
| Housing units | 1,234 (±143) | 1,528 (±235) | +23.8% | Measurable increase |
| Households that rent | 29.5% (±6.5 points) | 18.7% (±7.2 points) | −10.8 percentage points | Measurable decrease |
| Median gross rent | $739 (±$115) | $1,024 (±$184) | +38.6% | No measurable change after inflation |
| Median home value | $170,100 (±$8,727) | $232,800 (±$16,820) | +36.9% | Up after inflation |
The Census Bureau publishes 2015–2019 dollars in 2019 dollars and 2020–2024 dollars in 2024 dollars.
Prices (the CPI-U, US Bureau of Labor Statistics) rose 22.7% between 2019 and 2024, so a dollar figure’s verdict compares the two after raising the earlier one by that much, using the Census Bureau’s test for a difference.
The two periods do not overlap, as the Census Bureau recommends for 5-year estimates.
Growth in Cherry Valley against Winnebago County, its state and the nation
| Residents | Verdict | Housing units | |
|---|---|---|---|
| Cherry Valley | +43.4% | Measurable increase | +23.8% |
| Winnebago County | −0.5% | Measurable decrease | −0.6% |
| Illinois | −0.6% | Measurable decrease | +1.8% |
| United States | +3.1% | Measurable increase | +4.6% |
A change in a place’s boundaries between the two periods (an annexation, say) changes its counts as well; the Census Bureau’s figures are for the place as it was drawn in each period.
New homes in Cherry Valley
| Year built | Cherry Valley | Winnebago County | Illinois | United States |
|---|---|---|---|---|
| 2020 or later | 5.9% (±4.4 points) | 0.3% | 0.7% | 2.0% |
| 2010 to 2019 | 0.5% (±0.8 points) | 2.3% | 5.0% | 9.4% |
| 2000 to 2009 | 34.0% (±8.5 points) | 11.0% | 11.2% | 13.6% |
6.4% of the homes in Cherry Valley were built in 2010 or later.
The median age of residents is 45.1 years.
Growth in places near Cherry Valley
| Place | Distance | Residents now | Amount of change | Verdict |
|---|---|---|---|---|
| Cherry Valley | — | 3,749 | +43.4% | Measurable increase |
| Cherry Valley Township | 2.7 mi | 19,221 | +0.2% | Not a measurable change |
| Flora Township | 4.8 mi | 2,988 | +1.3% | Measurable increase |
| Rockford | 4.8 mi | 147,521 | +0.3% | Measurable increase |
| Belvidere | 4.9 mi | 24,752 | −1.1% | Not a measurable change |
| Rockford Township | 5.2 mi | 169,035 | −1.5% | Measurable decrease |
| Belvidere Township | 5.4 mi | 29,286 | −1.2% | Measurable decrease |
| New Milford | 5.8 mi | 1,194 | +67.5% | Measurable increase |
| Loves Park | 7.2 mi | 23,502 | −0.9% | Not a measurable change |
Survey years: 2020–2024 (American Community Survey 5-year estimates), compared with 2015–2019.
Margins of error are at the 90% confidence level.
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Questions about Cherry Valley
Is Cherry Valley growing?
Cherry Valley, IL had an estimated 3,749 residents in 2020–2024 and 2,614 in 2015–2019, a change of +43.4%: a measurable increase by the Census Bureau’s test.
How many homes have been added in Cherry Valley?
The estimated number of housing units went from 1,234 in 2015–2019 to 1,528 in 2020–2024 (+23.8%), a measurable increase.
How much new construction is there in Cherry Valley?
5.9% of homes in Cherry Valley were built in 2020 or later and 0.5% between 2010 and 2019.
Sources
- Demographic and Housing Estimates (DP05), 2020–2024 ACS 5-year estimates — Cherry Valley village, Illinois
- Selected Housing Characteristics (DP04), 2020–2024 ACS 5-year estimates — Cherry Valley village, Illinois
- Total Population (B01003), 2015–2019 ACS 5-year estimates — Cherry Valley village, Illinois
- Housing Units (B25001), 2015–2019 ACS 5-year estimates — Cherry Valley village, Illinois
- Selected Housing Characteristics (DP04), 2015–2019 ACS 5-year estimates — Cherry Valley village, Illinois
- Median Gross Rent (B25064), 2015–2019 ACS 5-year estimates — Cherry Valley village, Illinois
- Median Value (B25077), 2015–2019 ACS 5-year estimates — Cherry Valley village, Illinois
- Consumer Price Index for All Urban Consumers (CPI-U), US city average, all items, US Bureau of Labor Statistics: annual averages 2019 and 2024
To check these figures in the Census Bureau’s own API, request the variables below from the 2024 ACS 5-year data profile (acs/acs5/profile) for Cherry Valley village, Illinois (place:13074, in state:17).
Each estimate (E or PE) has a margin of error beside it (M or PM).
The 2015–2019 figures are B01003_001E, B01003_001M, B25001_001E, B25001_001M, DP04_0047PE, DP04_0047PM, B25064_001E, B25064_001M, B25077_001E, B25077_001M from the 2019 release.
The API needs a free key.
DP05_0001E, DP05_0001M, DP04_0001E, DP04_0001M, DP04_0017PE, DP04_0017PM, DP04_0018PE, DP04_0018PM, DP05_0018E, DP05_0018M
This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.
Figures are published by the US Census Bureau, HUD, the Bureau of Labor Statistics and the FBI; Seayora reproduces them and does not adjust them, except where a sentence says it compares dollar figures after inflation. They describe the whole place, not any one building or street, and are not an appraisal, a rent determination, a tax bill, a safety rating or legal advice.
Figures last updated on .
Related
- Housing in Cherry Valley at a glance
- Median rent in Cherry Valley
- Rent by bedrooms in Cherry Valley
- Renters and owners in Cherry Valley
- Income and affordability in Cherry Valley
- Home values in Cherry Valley
- Homeowner costs in Cherry Valley
- Property taxes in Cherry Valley
- Types of homes in Cherry Valley
- Bedrooms in Cherry Valley
- Age of homes in Cherry Valley
- Heating fuel in Cherry Valley
- Commute and cars in Cherry Valley
- Crime reported to police in Cherry Valley
- How long people stay in Cherry Valley
- Illinois landlord and tenant rules
- Housing across Winnebago County
- Housing data for every place in Illinois