HomeArkansasSharp CountyCherokee Village
Cherokee Village, Arkansas: commercial real estate data.
Cherokee Village is a Census city of 5,046 people across 20.43 square miles of land, lying across Sharp County and Fulton County. Median household income is $37,326, 84.3 percent of occupied homes are owned, and the SBA record carries 2 7(a) approvals to borrowers here worth $229,500 since FY2020.
Underlined figures are computed by MMCG Analytics, not published by the agency.
Cherokee Village
What Cherokee Village is
- Census place typecity
- Land area20.43 sq mi
- Water area0.88 sq mi
- Population per square mile of land247
- County holding the largest share of its areaSharp County, 53.3 percent
- Counties this place lies inSharp County 53.3 percent, Fulton County 46.7 percent
Cherokee Village crosses a county line. The split above is measured from the Census boundary of the place against the county boundaries, by area, so it says where the ground is and not where the town hall is.
US Census Bureau, cartographic boundary file, places, 2024 vintage. US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Cherokee Village
How many people live in Cherokee Village
- Population5,046
- Median age52.7
- Population under 18885 plus or minus 229
- Share under 1817.5 percent plus or minus 4.3
- Population 65 and over1,626
- Share 65 and over32.2 percent
- Households2,224
- Family households1,269
- Share of households that are families57.1 percent
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Cherokee Village
Income and work in Cherokee Village
- Median household income$37,326 plus or minus $7,617
- Per capita income$25,073
- Civilian labor force1,717
- Employed1,428
- Unemployed289 plus or minus 160
- Unemployment rate16.8 percent plus or minus 8.9
- Adults 25 and over3,817
- Adults 25 and over with a high school diploma or higher91.0 percent
- Adults 25 and over with a bachelor degree or higher19.6 percent plus or minus 5.4
- Adults 25 and over with a graduate degree6.8 percent plus or minus 3.6
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Cherokee Village
Housing in Cherokee Village
- Housing units3,196
- Occupied units2,224
- Vacant units972 plus or minus 254
- Vacancy rate30.4 percent plus or minus 7.5
- Owner occupied1,875
- Renter occupied349 plus or minus 151
- Ownership rate84.3 percent
- Median owner-occupied home value$94,600
- Median gross rent, monthly$951
- Annual rent as a share of median income30.6 percent plus or minus 8.7
- Single family units2,944
- Share single family92.1 percent
- Units in buildings of two or more98 plus or minus 100
- Share in buildings of two or more3.1 percent plus or minus 3.1
- Mobile homes154 plus or minus 90
- Median year structure built1975
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Cherokee Village
How Cherokee Village gets to work
- Workers 16 and over who commute1,237
- Commuting under 15 minutes447 plus or minus 167
- Share commuting under 15 minutes36.1 percent plus or minus 11.8
- Commuting 30 minutes or more274 plus or minus 137
- Share commuting 30 minutes or more22.2 percent plus or minus 10.3
- Drove alone69.7 percent
- Carpooled16.6 percent plus or minus 9.5
- Public transport0.0 percent
- Walked0.0 percent
- Worked from home12.1 percent plus or minus 9.6
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Cherokee Village
SBA loans in Cherokee Village (7(a))
- Approvals2
- Gross approval$229,500
- Average approval$114,750
- Median approval$114,750
- Largest approval$194,500
- Jobs supported9
- Jobs per approval4.5
- Loans with a final outcome1
- Paid in full1
- Charged off0
- Median term138 months
- Share on real estate terms of 20 years or more50.0 percent
- Share to franchises0.0 percent
- Distinct lenders1
- Distinct industries by NAICS2
Counted by borrower city: approvals to borrowers whose address is in Cherokee Village, in any county, FY2020 to FY2026. Only 1 loan has reached a final outcome, fewer than the 30 a charge-off rate needs, so no rate is published.
US Small Business Administration, 7(a) FOIA release, FY2020 to FY2026 year to date, as of 2026-06-30.
Cherokee Village
Flood risk in Cherokee Village
- NFIP communityCity of Cherokee Village
- NFIP community number050603
- Participating in the NFIPYes
- Community Rating System classNone
- Currently effective map date09/16/11
The City of Cherokee Village participates in the National Flood Insurance Program as community 050603 and carries no Community Rating System class, so no CRS premium discount applies to it.
Federal Emergency Management Agency, NFIP Community Status Book (OpenFEMA), as of 2026-09-26.
Sharp County, not Cherokee Village
Sharp County context, not Cherokee Village figures
- Establishments in Sharp County342
- Covered employment, Sharp County3,954
- Average annual pay, Sharp County$38,491
- Housing units permitted, Sharp County26
Every figure in this section is published for Sharp County as a whole and is not a measurement of Cherokee Village.
US Census Bureau, County Business Patterns, 2023. US Bureau of Labor Statistics, Quarterly Census of Employment and Wages, 2024 annual averages. US Census Bureau, Building Permits Survey, 2024 annual.
Coverage
What this page does not hold.
Parcel detail, zoning and the flood zone at an address are not on this page; they resolve at the address in the platform. How this page was built →
Common questions
Cherokee Village questions, answered from the record.
How many people live in Cherokee Village, Arkansas?
5,046, in 2,224 households. Cherokee Village city covers 20.43 square miles of land, which is 247 people per square mile. Source: US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
What county is Cherokee Village in?
Cherokee Village lies in more than one. By area it is 53.3 percent in Sharp County, 46.7 percent in Fulton County. This page sits under Sharp County because that county holds the largest share. The split is measured from the Census boundary of the place against the county boundaries.
What is the median household income in Cherokee Village?
$37,326. The median owner-occupied home is valued at $94,600. Median gross rent is $951 per month. Source: US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
How much SBA lending goes to Cherokee Village businesses?
2 7(a) approvals totaling $229,500 since FY2020, across 1 lenders, median approval $114,750. These count approvals to borrowers whose address is in Cherokee Village, not projects sited inside the place boundary, and they are approvals recorded in the release rather than loans disbursed.
Do SBA loans to Cherokee Village borrowers get paid back?
No rate is published for Cherokee Village. Only 1 loan has reached a final outcome, fewer than the 30 a charge-off rate needs, so no rate is published. The counts are shown instead.
Is Cherokee Village in the National Flood Insurance Program?
Yes. Cherokee Village appears in the FEMA Community Status Book as Cherokee Village, city of, community 050603, with no Community Rating System class, so no CRS discount applies. Whether a specific parcel sits in a mapped special flood hazard area is an address level question the platform answers.
Are the county figures on this page Cherokee Village figures?
No, and they are labeled so. County Business Patterns, QCEW, the Building Permits Survey, BEA product and IRS migration are published for Sharp County as a whole and there is no place level equivalent. They appear in one clearly marked section as context and are never presented as measurements of Cherokee Village.
Is zoning published for Cherokee Village?
No. Nothing on this page presents parcel level zoning.
Nearby