HomeNorth CarolinaGaston CountyCherryville city
Cherryville city, North Carolina: commercial real estate data.
Cherryville city is a Census city of 6,226 people across 5.80 square miles of land, in Gaston County. Median household income is $70,625, 69.7 percent of occupied homes are owned, and the SBA record carries 6 7(a) approvals to borrowers here worth $3.7 m.
70 sourced place values · tier FULL · 8 sections · underlined figures are computed by MMCG Analytics, not published by the agency
Cherryville
What Cherryville is
- Census place typecity
- Land area5.8 sq mi
- Water area0.01 sq mi
- Population per square mile of land1,073
- County holding the largest share of its areaGaston 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.
Cherryville
How many people live in Cherryville
- Population6,226
- Median age38.0
- Population under 181,572 plus or minus 326
- Share under 1825.2 percent plus or minus 5.2
- Population 65 and over1,248
- Share 65 and over20.0 percent
- Households2,316
- Family households1,519
- Share of households that are families65.6 percent
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Cherryville
Income and work in Cherryville
- Median household income$70,625
- Per capita income$29,722
- Civilian labor force2,710
- Employed2,629
- Unemployed81 plus or minus 55
- Unemployment rate3.0 percent plus or minus 2.0
- Adults 25 and over4,134
- Adults 25 and over with a high school diploma or higher87.6 percent
- Adults 25 and over with a bachelor degree or higher24.8 percent
- Adults 25 and over with a graduate degree5.1 percent plus or minus 2.3
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Cherryville
Housing in Cherryville
- Housing units2,626
- Occupied units2,316
- Vacant units310 plus or minus 156
- Vacancy rate11.8 percent plus or minus 5.9
- Owner occupied1,614
- Renter occupied702 plus or minus 190
- Ownership rate69.7 percent
- Median owner-occupied home value$232,100
- Median gross rent, monthly$1,059
- Annual rent as a share of median income18.0 percent plus or minus 4.0
- Single family units2,176
- Share single family82.9 percent
- Units in buildings of two or more432 plus or minus 172
- Share in buildings of two or more16.5 percent plus or minus 6.4
- Mobile homes18 plus or minus 24
- Median year structure built1970
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Cherryville
How Cherryville gets to work
- Workers 16 and over who commute2,473
- Commuting under 15 minutes631 plus or minus 184
- Share commuting under 15 minutes25.5 percent plus or minus 6.9
- Commuting 30 minutes or more1,152 plus or minus 260
- Share commuting 30 minutes or more46.6 percent
- Drove alone81.1 percent
- Carpooled9.2 percent plus or minus 5.1
- Public transport0.0 percent
- Walked2.4 percent plus or minus 2.1
- Worked from home5.5 percent plus or minus 2.7
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Cherryville
SBA loans in Cherryville (7(a))
- Approvals6
- Gross approval$3,748,300
- Average approval$624,717
- Median approval$500,000
- Ninetieth percentile approval$1,423,300
- Largest approval$1,423,300
- Jobs supported56
- Jobs per approval9.3
- Loans with a final outcome1
- Paid in full1
- Charged off0
- Median term300 months
- Share on real estate terms of 20 years or more50.0 percent
- Share to franchises16.7 percent
- Distinct lenders5
- Distinct industries by NAICS5
A charge-off rate is not published here. only 1 resolved loans, too few to publish a rate, and a rate over that few outcomes would move several points on one loan.
US Small Business Administration, 7(a) FOIA release, FY2020 to FY2026 year to date, as of 2026-06-30.
Cherryville
Flood risk in Cherryville
- Listed NFIP communities1
- Of those, participating1
- NFIP community number370455
- Currently effective map date11/04/09
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.
Gaston County, not Cherryville
Gaston County context, not Cherryville figures
These are Gaston County figures. There is no place level equivalent published for any of them, so they are shown as the county backdrop and never as Cherryville measurements.
- Establishments in Gaston County4,594
- Employment at those establishments, Gaston County72,268
- Covered employment, Gaston County79,486
- Average annual pay, Gaston County$54,211
- Average weekly wage, Gaston County$1,043
- Housing units permitted, Gaston County2,069
- Of those, single family, Gaston County1,923
- County product, 2024, Gaston County$11,264,313,000
- County product change over the prior year, Gaston County6.8 percent
- Average income of an arriving household, Gaston County$62,249
Every figure in this section is published for Gaston County as a whole and is not a measurement of Cherryville. 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
Cherryville questions, answered from the record.
How many people live in Cherryville, North Carolina?
6,226, in 2,316 households. Cherryville city covers 5.80 square miles of land, which is 1,073 people per square mile. Source: US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
What county is Cherryville in?
Gaston 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 Cherryville?
$70,625. The median owner-occupied home is valued at $232,100. Median gross rent is $1,059 per month. Source: US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
How much SBA lending goes to Cherryville businesses?
6 7(a) approvals totalling $3.7 m, across 5 lenders, median approval $500,000. These count approvals to borrowers whose address is in Cherryville, not projects sited inside the place boundary, and they are approvals recorded in the release rather than loans disbursed.
Do SBA loans to Cherryville borrowers get paid back?
No rate is published for Cherryville. only 1 resolved loans, too few to publish a rate, and a percentage over that few outcomes would move several points on a single loan. The counts are shown instead.
Is Cherryville in the National Flood Insurance Program?
Yes. Cherryville appears in the FEMA Community Status Book as community 370455, 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 Cherryville figures?
No, and they are labelled so. County Business Patterns, QCEW, the Building Permits Survey, BEA product and IRS migration are published for Gaston 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 Cherryville.
Is zoning published for Cherryville?
Not yet. The zoning layer is in build. Nothing on this page presents parcel level zoning.