The median home value in Cherry Valley, IL is $220,500. This is higher than the county median home value of $155,300. The national median home value is $338,100. The average price of homes sold in Cherry Valley, IL is $220,500. Approximately 72.32% of Cherry Valley homes are owned, compared to 22.56% rented, while 5.13% are vacant. Cherry Valley real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you're interested in, contact a Cherry Valley real estate agent to arrange a tour today!
Learn More About Cherry Valley Real EstateCherry Valley has a population of approximately 2,726 and experiences a population change rate of 24.42%. The population density is 325.5 / sq mi.
The median household income for Cherry Valley is $69,358, with 1,203 households and an average household size of 2.22.
The cost of living index in Cherry Valley is 92.4%.
The median value of a home in Cherry Valley is $220,500 with an appreciation rate of 13.5%. 72.3% of housing in the city is owned while 22.6% is rented.
The unemployment rate in Cherry Valley is 6.10%, and recent job growth is at -1.90%. Future job growth is projected at 25.15%.
The sales tax rate in Cherry Valley is 8.75%, while the income tax rate is 4.95%.
School expenditures in Cherry Valley are $16,393, and the school ratio is 15.9:1.
The average high temperature in July is 83.7 degrees, with an average low temperature in January of 12.7 degrees. The average rainfall is approximately 37.1 inches per year, with 35.1 inches of snow per year.
Metric | City | County |
---|---|---|
High School Graduates | 92.91 | 88.18 |
College Degree - 2 year | 8.31 | 9.53 |
College Degree - 4 year | 28.46 | 23.26 |
Graduate Degree | 4.52 | 6.16 |
Expenditures per Student | $16,393 | $16,393 |
Students per Teacher | 15.90 | 15.90 |
School | Grades | Students | P/T Ratio | ZIP |
---|---|---|---|---|
A C Thompson Elementary School | KG - 05 | 292 | 14.1 | 61108 |
Arthur Froberg Elementary School | KG - 05 | 452 | 18.3 | 61109 |
Brookview Elementary School | KG - 05 | 437 | 16.6 | 61107 |
C Henry Bloom Elementary School | KG - 05 | 315 | 15.2 | 61107 |
Cherry Valley Elementary School | 03 - 05 | 191 | 16 | 61016 |
CICS Jackson | KG - 08 | 501 | 23.2 | 61107 |
Fairview Center | PK - PK | 741 | 30.9 | 61108 |
Gregory Elementary School | KG - 05 | 327 | 14.7 | 61108 |
Lincoln Elementary School | KG - 05 | 614 | 17.1 | 61008 |
Marsh Elementary School | PK - 05 | 427 | 15.9 | 61107 |
Maud E Johnson Elementary School | KG - 05 | 470 | 16.2 | 61107 |
Meehan Elementary School | KG - 05 | 630 | 18.1 | 61008 |
Perry Elementary School | KG - 05 | 293 | 17.9 | 61008 |
Riverdahl Elementary School | PK - 02 | 576 | 18.1 | 61109 |
Rolling Green | PK - 05 | 754 | 12.9 | 61108 |
Seth Whitman Elementary School | KG - 05 | 661 | 17.8 | 61008 |
Swan Hillman Elementary School | PK - 05 | 522 | 17.2 | 61109 |
Washington Academy | PK - 08 | 861 | 17.1 | 61008 |
White Swan Elementary School | PK - 02 | 303 | 17.9 | 61108 |
Whitehead Elementary School | KG - 05 | 346 | 17.4 | 61108 |
Wm Nashold Elementary School | 03 - 05 | 331 | 15.7 | 61109 |
School | Grades | Students | P/T Ratio | ZIP |
---|---|---|---|---|
Belvidere Central Middle School | 06 - 08 | 1045 | 17.9 | 61008 |
Belvidere South Middle School | 06 - 08 | 844 | 14.4 | 61008 |
Bernard W Flinn Middle School | 06 - 08 | 1007 | 16.2 | 61108 |
Eisenhower Middle School | 06 - 08 | 756 | 14.1 | 61107 |
School | Grades | Students | P/T Ratio | ZIP |
---|---|---|---|---|
Belvidere High School | 09 - 12 | 1263 | 19.5 | 61008 |
Belvidere North High School | 09 - 12 | 1443 | 18.6 | 61008 |
Jefferson High School | 09 - 12 | 1704 | 16.6 | 61109 |
Rockford East High School | 09 - 12 | 1905 | 16.8 | 61108 |
School | Grades | Students | P/T Ratio | ZIP |
---|---|---|---|---|
* Reg'l Learning Center Star Boone | 09 - 12 | 0 | null | 61008 |
Regional Learning Academy Star Boone | 06 - 12 | 88 | 16.9 | 61008 |