HomeSouth CarolinaChesterfield CountyCheraw town
Cheraw town, South Carolina: commercial real estate data.
Cheraw town is a Census town of 4,960 people across 5.95 square miles of land, in Chesterfield County. Median household income is $26,689, 47.8 percent of occupied homes are owned, and the SBA record carries 5 7(a) approvals to borrowers here worth $5.6 m.
66 sourced place values · tier FULL · 7 sections
Cheraw
What Cheraw is
- Census place typetown
- Land area5.95 sq mi
- Water area0.04 sq mi
- Population per square mile of land833
- County holding the largest share of its areaChesterfield 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.
Cheraw
How many people live in Cheraw
- Population4,960
- Median age44.6
- Population under 181,044 plus or minus 240
- Share under 1821.0 percent plus or minus 4.8
- Population 65 and over944 plus or minus 215
- Share 65 and over19.0 percent plus or minus 4.3
- Households2,245
- Family households1,045
- Share of households that are families46.5 percent
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Cheraw
Income and work in Cheraw
- Median household income$26,689
- Per capita income$27,463
- Civilian labor force2,209
- Employed1,949
- Unemployed260 plus or minus 105
- Unemployment rate11.8 percent plus or minus 4.5
- Adults 25 and over3,627
- Adults 25 and over with a high school diploma or higher86.8 percent
- Adults 25 and over with a bachelor degree or higher20.3 percent plus or minus 5.2
- Adults 25 and over with a graduate degree8.0 percent plus or minus 3.7
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Cheraw
Housing in Cheraw
- Housing units2,601
- Occupied units2,245
- Vacant units356 plus or minus 145
- Vacancy rate13.7 percent plus or minus 5.4
- Owner occupied1,074
- Renter occupied1,171
- Ownership rate47.8 percent
- Median owner-occupied home value$152,200 plus or minus $64,449
- Median gross rent, monthly$800
- Annual rent as a share of median income36.0 percent
- Single family units1,629
- Share single family62.6 percent
- Units in buildings of two or more789 plus or minus 235
- Share in buildings of two or more30.3 percent plus or minus 8.6
- Mobile homes183 plus or minus 167
- Median year structure built1970
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Cheraw
How Cheraw gets to work
- Workers 16 and over who commute1,833
- Commuting under 15 minutes1,362 plus or minus 346
- Share commuting under 15 minutes74.3 percent
- Commuting 30 minutes or more280 plus or minus 115
- Share commuting 30 minutes or more15.3 percent plus or minus 5.8
- Drove alone82.2 percent
- Carpooled4.9 percent plus or minus 3.8
- Public transport0.0 percent
- Walked4.6 percent plus or minus 5.7
- Worked from home2.1 percent plus or minus 2.2
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Cheraw
SBA 7(a) lending to Cheraw borrowers
- Approvals5
- Gross approval$5,589,600
- Average approval$1,117,920
- Median approval$992,800
- Ninetieth percentile approval$1,810,000
- Largest approval$1,810,000
- Jobs supported41
- Jobs per approval8.2
- Loans with a final outcome3
- Paid in full3
- Charged off0
- Median term300 months
- Share on real estate terms of 20 years or more80.0 percent
- Share to franchises80.0 percent
- Distinct lenders2
- Distinct industries by NAICS3
A charge-off rate is not published here. only 3 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.
Chesterfield County, not Cheraw
Chesterfield County context, not Cheraw figures
These are Chesterfield County figures. There is no place level equivalent published for any of them, so they are shown as the county backdrop and never as Cheraw measurements.
- Establishments in Chesterfield County690
- Employment at those establishments, Chesterfield County13,223
- Covered employment, Chesterfield County14,200
- Average annual pay, Chesterfield County$49,211
- Average weekly wage, Chesterfield County$946
- Housing units permitted, Chesterfield County147
- Of those, single family, Chesterfield County135
- County product, 2024, Chesterfield County$1,901,760,000
- County product change over the prior year, Chesterfield County3.6 percent
- Average income of an arriving household, Chesterfield County$46,295
Every figure in this section is published for Chesterfield County as a whole and is not a measurement of Cheraw. 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.
- This place is not listed as a community in the FEMA Community Status Book, so no NFIP participation or CRS class is shown.
- 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
Cheraw questions, answered from the record.
How many people live in Cheraw, South Carolina?
4,960, in 2,245 households. Cheraw town covers 5.95 square miles of land, which is 833 people per square mile. Source: US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
What county is Cheraw in?
Chesterfield 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 Cheraw?
$26,689. The median owner-occupied home is valued at $152,200. Median gross rent is $800 per month. Source: US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
How much SBA lending goes to Cheraw businesses?
5 7(a) approvals totalling $5.6 m, across 2 lenders, median approval $992,800. These count approvals to borrowers whose address is in Cheraw, not projects sited inside the place boundary, and they are approvals recorded in the release rather than loans disbursed.
Do SBA loans to Cheraw borrowers get paid back?
No rate is published for Cheraw. only 3 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.
Are the county figures on this page Cheraw figures?
No, and they are labelled so. County Business Patterns, QCEW, the Building Permits Survey, BEA product and IRS migration are published for Chesterfield 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 Cheraw.
Is zoning published for Cheraw?
Not yet. The zoning layer is in build. Nothing on this page presents parcel level zoning.
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