HomePennsylvaniaIndiana CountyCherry Tree borough
Cherry Tree borough, Pennsylvania: commercial real estate data.
Cherry Tree borough is a Census borough of 215 people across 0.50 square miles of land, in Indiana County. Median household income is $60,625, 84.8 percent of occupied homes are owned, and the SBA record carries 3 7(a) approvals to borrowers here worth $2.0 m.
70 sourced place values · tier FULL · 8 sections · underlined figures are computed by MMCG Analytics, not published by the agency
This is a small place, and the figures below carry wide margins.
The American Community Survey reaches Cherry Tree through a sample, not a count, and in a place this size that sample is thin. The population estimate here is 215 with a margin of error of plus or minus 124, which is 57.7 percent of the estimate itself. Every figure whose margin reaches 20 percent is printed with that margin beside it, so you can see the width of each one rather than having to assume it.
Nothing has been removed or adjusted. These are the published federal estimates, shown with the uncertainty the Census publishes alongside them.
Cherry Tree
What Cherry Tree is
- Census place typeborough
- Land area0.5 sq mi
- Water area0.01 sq mi
- Population per square mile of land428 plus or minus 247
- County holding the largest share of its areaIndiana 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 Tree
How many people live in Cherry Tree
- Population215 plus or minus 124
- Median age53.6
- Population under 1814 plus or minus 16
- Share under 186.5 percent plus or minus 6.5
- Population 65 and over59 plus or minus 26
- Share 65 and over27.4 percent plus or minus 19.9
- Households105 plus or minus 57
- Family households74 plus or minus 50
- Share of households that are families70.5 percent plus or minus 28.4
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Cherry Tree
Income and work in Cherry Tree
- Median household income$60,625 plus or minus $30,725
- Per capita income$31,977 plus or minus $6,423
- Civilian labor force110 plus or minus 72
- Employed108 plus or minus 72
- Unemployed2 plus or minus 3
- Unemployment rate1.8 percent plus or minus 2.5
- Adults 25 and over195 plus or minus 124
- Adults 25 and over with a high school diploma or higher88.2 percent plus or minus 72.4
- Adults 25 and over with a bachelor degree or higher6.2 percent plus or minus 6.8
- Adults 25 and over with a graduate degree2.6 percent plus or minus 7.2
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Cherry Tree
Housing in Cherry Tree
- Housing units130 plus or minus 59
- Occupied units105 plus or minus 57
- Vacant units25 plus or minus 17
- Vacancy rate19.2 percent plus or minus 9.7
- Owner occupied89 plus or minus 58
- Renter occupied16 plus or minus 10
- Ownership rate84.8 percent plus or minus 30.6
- Median owner-occupied home value$108,400
- Median gross rent, monthly$750 plus or minus $215
- Annual rent as a share of median income14.8 percent plus or minus 8.6
- Single family units111 plus or minus 58
- Share single family85.4 percent plus or minus 22.2
- Units in buildings of two or more7 plus or minus 14
- Share in buildings of two or more5.4 percent plus or minus 10.8
- Mobile homes12 plus or minus 12
- Median year structure built1938
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Cherry Tree
How Cherry Tree gets to work
- Workers 16 and over who commute108 plus or minus 72
- Commuting under 15 minutes11 plus or minus 15
- Share commuting under 15 minutes10.2 percent plus or minus 11.9
- Commuting 30 minutes or more88 plus or minus 67
- Share commuting 30 minutes or more81.5 percent plus or minus 30.6
- Drove alone50.0 percent plus or minus 40.1
- Carpooled48.1 percent plus or minus 49.8
- Public transport0.0 percent
- Walked0.0 percent
- Worked from home0.0 percent
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Cherry Tree
SBA loans in Cherry Tree (7(a))
- Approvals3
- Gross approval$1,961,700
- Average approval$653,900
- Median approval$240,000
- Ninetieth percentile approval$1,581,700
- Largest approval$1,581,700
- Jobs supported21
- Jobs per approval7.0
- Loans with a final outcome1
- Paid in full1
- Charged off0
- Median term300 months
- Share on real estate terms of 20 years or more66.7 percent
- Share to franchises0.0 percent
- Distinct lenders3
- Distinct industries by NAICS3
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.
Cherry Tree
Flood risk in Cherry Tree
- Listed NFIP communities2
- Of those, participating2
- NFIP community number420497
- Currently effective map date04/03/12(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.
Indiana County, not Cherry Tree
Indiana County context, not Cherry Tree figures
These are Indiana 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 Tree measurements.
- Establishments in Indiana County1,774
- Employment at those establishments, Indiana County23,938
- Covered employment, Indiana County27,793
- Average annual pay, Indiana County$55,756
- Average weekly wage, Indiana County$1,072
- Housing units permitted, Indiana County41
- Of those, single family, Indiana County41
- County product, 2024, Indiana County$4,202,047,000
- County product change over the prior year, Indiana County0.9 percent
- Average income of an arriving household, Indiana County$52,129
Every figure in this section is published for Indiana County as a whole and is not a measurement of Cherry Tree. 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 Tree questions, answered from the record.
How many people live in Cherry Tree, Pennsylvania?
215, in 105 households. Cherry Tree borough covers 0.50 square miles of land, which is 428 people per square mile. Source: US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
What county is Cherry Tree in?
Indiana 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 Tree?
$60,625. The median owner-occupied home is valued at $108,400. Median gross rent is $750 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 Tree businesses?
3 7(a) approvals totalling $2.0 m, across 3 lenders, median approval $240,000. These count approvals to borrowers whose address is in Cherry Tree, not projects sited inside the place boundary, and they are approvals recorded in the release rather than loans disbursed.
Do SBA loans to Cherry Tree borrowers get paid back?
No rate is published for Cherry Tree. 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 Cherry Tree in the National Flood Insurance Program?
Yes. Cherry Tree appears in the FEMA Community Status Book as community 420497, 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 Tree figures?
No, and they are labelled so. County Business Patterns, QCEW, the Building Permits Survey, BEA product and IRS migration are published for Indiana 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 Tree.
Is zoning published for Cherry Tree?
Not yet. The zoning layer is in build. Nothing on this page presents parcel level zoning.