HomeIllinoisWinnebago CountyCherry Valley
Cherry Valley, Illinois: commercial real estate data.
Cherry Valley is a Census village of 3,749 people across 8.40 square miles of land, lying across Winnebago County and Boone County. Median household income is $74,655, 81.3 percent of occupied homes are owned, and the SBA record carries 6 7(a) approvals to borrowers here worth $4.4 m since FY2020.
Underlined figures are computed by MMCG Analytics, not published by the agency.
Cherry Valley
What Cherry Valley is
- Census place typevillage
- Land area8.4 sq mi
- Water area0.25 sq mi
- Population per square mile of land446
- County holding the largest share of its areaWinnebago County, 90.9 percent
- Counties this place lies inWinnebago County 90.9 percent, Boone County 9.1 percent
Cherry Valley 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.
Cherry Valley
How many people live in Cherry Valley
- Population3,749
- Median age45.1 plus or minus 10.0
- Population under 18684 plus or minus 174
- Share under 1818.2 percent plus or minus 3.7
- Population 65 and over766 plus or minus 179
- Share 65 and over20.4 percent
- Households1,478
- Family households955
- Share of households that are families64.6 percent
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Cherry Valley
Income and work in Cherry Valley
- Median household income$74,655
- Per capita income$40,145
- Civilian labor force1,844 plus or minus 436
- Employed1,745 plus or minus 423
- Unemployed99 plus or minus 68
- Unemployment rate5.4 percent plus or minus 3.5
- Adults 25 and over2,652
- Adults 25 and over with a high school diploma or higher93.1 percent plus or minus 20.7
- Adults 25 and over with a bachelor degree or higher30.0 percent plus or minus 6.4
- Adults 25 and over with a graduate degree9.0 percent plus or minus 4.0
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Cherry Valley
Housing in Cherry Valley
- Housing units1,528
- Occupied units1,478
- Vacant units50 plus or minus 57
- Vacancy rate3.3 percent plus or minus 3.7
- Owner occupied1,202
- Renter occupied276 plus or minus 119
- Ownership rate81.3 percent
- Median owner-occupied home value$232,800
- Median gross rent, monthly$1,024
- Annual rent as a share of median income16.5 percent plus or minus 3.9
- Single family units1,172
- Share single family76.7 percent
- Units in buildings of two or more356 plus or minus 155
- Share in buildings of two or more23.3 percent plus or minus 9.5
- Mobile homes0
- Median year structure built1997
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Cherry Valley
How Cherry Valley gets to work
- Workers 16 and over who commute1,564 plus or minus 335
- Commuting under 15 minutes310 plus or minus 103
- Share commuting under 15 minutes19.8 percent plus or minus 5.0
- Commuting 30 minutes or more398 plus or minus 147
- Share commuting 30 minutes or more25.4 percent plus or minus 7.7
- Drove alone88.9 percent plus or minus 28.1
- Carpooled2.0 percent plus or minus 1.5
- Public transport0.7 percent plus or minus 1.5
- Walked1.1 percent plus or minus 1.1
- Worked from home6.6 percent plus or minus 7.4
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Cherry Valley
SBA loans in Cherry Valley (7(a))
- Approvals6
- Gross approval$4,393,500
- Average approval$732,250
- Median approval$315,000
- Largest approval$2,227,000
- Jobs supported35
- Jobs per approval5.8
- Loans with a final outcome0
- Paid in full0
- Charged off0
- Median term120 months
- Share on real estate terms of 20 years or more33.3 percent
- Share to franchises16.7 percent
- Distinct lenders5
- Distinct industries by NAICS5
Counted by borrower city: approvals to borrowers whose address is in Cherry Valley, in any county, FY2020 to FY2026. Only 0 loans have 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.
Cherry Valley
SBA loans in Cherry Valley (504)
- Approvals5
- Gross approval$2,766,000
- Average approval$553,200
- Median approval$458,000
- Largest approval$1,352,000
- Jobs supported63
- Loans with a final outcome1
- Charged off0
- Median term240 months
- Distinct CDCs1
Counted by borrower city: approvals to borrowers whose address is in Cherry Valley, in any county, FY2010 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, 504 FOIA release, FY2010 to FY2026 year to date, as of 2026-06-30.
Cherry Valley
Flood risk in Cherry Valley
- NFIP communityVillage of Cherry Valley
- NFIP community number170721
- Participating in the NFIPYes
- Community Rating System classNone
- Currently effective map date02/17/16
The Village of Cherry Valley participates in the National Flood Insurance Program as community 170721 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.
Winnebago County, not Cherry Valley
Winnebago County context, not Cherry Valley figures
- Establishments in Winnebago County6,286
- Covered employment, Winnebago County126,415
- Average annual pay, Winnebago County$59,400
- Housing units permitted, Winnebago County284
Every figure in this section is published for Winnebago County as a whole and is not a measurement of Cherry Valley.
All Winnebago County figures →
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
Cherry Valley questions, answered from the record.
How many people live in Cherry Valley, Illinois?
3,749, in 1,478 households. Cherry Valley village covers 8.40 square miles of land, which is 446 people per square mile. Source: US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
What county is Cherry Valley in?
Cherry Valley lies in more than one. By area it is 90.9 percent in Winnebago County, 9.1 percent in Boone County. This page sits under Winnebago 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 Cherry Valley?
$74,655. The median owner-occupied home is valued at $232,800. Median gross rent is $1,024 per month. Source: US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
How much SBA lending goes to Cherry Valley businesses?
6 7(a) approvals totaling $4.4 m since FY2020, across 5 lenders, median approval $315,000, plus 5 504 approvals worth $2.8 m since FY2010. These count approvals to borrowers whose address is in Cherry Valley, not projects sited inside the place boundary, and they are approvals recorded in the release rather than loans disbursed.
Do SBA loans to Cherry Valley borrowers get paid back?
No rate is published for Cherry Valley. Only 0 loans have reached a final outcome, fewer than the 30 a charge-off rate needs, so no rate is published. The counts are shown instead.
Is Cherry Valley in the National Flood Insurance Program?
Yes. Cherry Valley appears in the FEMA Community Status Book as Cherry Valley, village of, community 170721, 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 Cherry Valley figures?
No, and they are labeled so. County Business Patterns, QCEW, the Building Permits Survey, BEA product and IRS migration are published for Winnebago 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 Cherry Valley.
Is zoning published for Cherry Valley?
No. Nothing on this page presents parcel level zoning.