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HomeNew YorkOtsego CountyCherry Valley village

Cherry Valley village, New York: commercial real estate data.

Cherry Valley village is a Census village of 482 people across 0.51 square miles of land, in Otsego County. Median household income is $96,458, 94.3 percent of occupied homes are owned.

64 sourced place values · tier FULL · 8 sections

Cherry Valley

What Cherry Valley is

  • Census place typevillage
  • Land area0.51 sq mi
  • Water area0 sq mi
  • Population per square mile of land946 plus or minus 316
  • County holding the largest share of its areaOtsego County, 100.0 percent

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

  • Population482 plus or minus 161
  • Median age39.2 plus or minus 9.3
  • Population under 1895 plus or minus 45
  • Share under 1819.7 percent plus or minus 6.5
  • Population 65 and over95 plus or minus 31
  • Share 65 and over19.7 percent plus or minus 9.2
  • Households159 plus or minus 41
  • Family households118 plus or minus 38
  • Share of households that are families74.2 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$96,458 plus or minus $24,053
  • Per capita income$35,619
  • Civilian labor force240 plus or minus 109
  • Employed228 plus or minus 109
  • Unemployed12 plus or minus 10
  • Unemployment rate5.0 percent plus or minus 3.5
  • Adults 25 and over316 plus or minus 87
  • Adults 25 and over with a high school diploma or higher96.5 percent plus or minus 33.6
  • Adults 25 and over with a bachelor degree or higher42.1 percent plus or minus 8.6
  • Adults 25 and over with a graduate degree14.2 percent plus or minus 6.9

US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.

Cherry Valley

Housing in Cherry Valley

  • Housing units270
  • Occupied units159 plus or minus 41
  • Vacant units111 plus or minus 41
  • Vacancy rate41.1 percent plus or minus 12.9
  • Owner occupied150 plus or minus 39
  • Renter occupied9 plus or minus 9
  • Ownership rate94.3 percent
  • Median owner-occupied home value$162,200
  • Median gross rent, monthly$763 plus or minus $492
  • Annual rent as a share of median income9.5 percent plus or minus 6.6
  • Single family units235 plus or minus 53
  • Share single family87.0 percent
  • Units in buildings of two or more22 plus or minus 21
  • Share in buildings of two or more8.1 percent plus or minus 7.8
  • Mobile homes13 plus or minus 12
  • Median year structure built1938

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 commute210 plus or minus 97
  • Commuting under 15 minutes38 plus or minus 23
  • Share commuting under 15 minutes18.1 percent plus or minus 7.3
  • Commuting 30 minutes or more42 plus or minus 28
  • Share commuting 30 minutes or more20.0 percent plus or minus 9.9
  • Drove alone70.0 percent
  • Carpooled22.7 percent plus or minus 15.2
  • Public transport0.0 percent
  • Walked0.5 percent plus or minus 0.9
  • Worked from home4.5 percent plus or minus 2.5

US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.

Cherry Valley

SBA 504 lending to Cherry Valley borrowers

  • Approvals1
  • Gross approval$136,000
  • Average approval$136,000
  • Median approval$136,000
  • Largest approval$136,000
  • Jobs supported4
  • Loans with a final outcome0
  • Charged off0
  • Median term300 months
  • Distinct CDCs1

US Small Business Administration, 504 FOIA release, FY2010 to FY2026 year to date, as of 2026-06-30.

Cherry Valley

Flood programme status in Cherry Valley

  • Listed NFIP communities2
  • Of those, participating2
  • NFIP community number361269
  • Currently effective map date03/21/17(M)

This community carries no Community Rating System class, so no CRS premium discount applies to it.

FEMA, National Flood Insurance Program Community Status Book, Community Status Book, as retrieved.

Otsego County, not Cherry Valley

Otsego County context, not Cherry Valley figures

These are Otsego County figures. There is no place level equivalent published for any of them, so they are shown as the county backdrop and never as Cherry Valley measurements.

  • Establishments in Otsego County1,295
  • Employment at those establishments, Otsego County18,030
  • Covered employment, Otsego County22,197
  • Average annual pay, Otsego County$60,346
  • Average weekly wage, Otsego County$1,160
  • Housing units permitted, Otsego County123
  • Of those, single family, Otsego County123
  • County product, 2024, Otsego County$3,518,319,000
  • County product change over the prior year, Otsego County6.7 percent
  • Average income of an arriving household, Otsego County$68,717

Every figure in this section is published for Otsego County as a whole and is not a measurement of Cherry Valley. It is here because a county backdrop is what a credit committee reads a place against, and it is labelled so that it can never be quoted as the place's own.

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. US Bureau of Economic Analysis, Regional, table CAGDP2, CAGDP2, through 2024. US Internal Revenue Service, Statistics of Income county migration flows, 2021 to 2022 filing years.

Coverage

What this page does not hold.

Every item below could be filled with a plausible figure. None of them is. On a page a lender may read, a number that cannot be traced is worse than an absence, so the absences are named.

  • Parcel level detail, zoning and flood zone at an address are resolved in the platform, not on this page.

SBA figures count approvals to borrowers whose address is in the place. They are not approvals for projects inside the place boundary: the tape records a borrower city and a project county, and those can differ.

Common questions

Cherry Valley questions, answered from the record.

How many people live in Cherry Valley, New York?

482, in 159 households. Cherry Valley village covers 0.51 square miles of land, which is 946 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?

Otsego County, which holds 100.0 percent of the place by area. Source: US Census Bureau, cartographic boundary file, places, 2024 vintage.

What is the median household income in Cherry Valley?

$96,458. The median owner-occupied home is valued at $162,200. Median gross rent is $763 per month. Source: US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.

Is Cherry Valley in the National Flood Insurance Program?

Yes. Cherry Valley appears in the FEMA Community Status Book as community 361269, 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 labelled so. County Business Patterns, QCEW, the Building Permits Survey, BEA product and IRS migration are published for Otsego 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?

Not yet. The zoning layer is in build. Nothing on this page presents parcel level zoning.