Cost Of Living
The overall cost of living in this area is much lower than average. This includes everyday goods and services, as well as housing, utilities and health care.
Employment
The combination of higher than average median home income, income per capita and low unemployment rates results in a score that is well above average in the employment category.
Housing
This area has received high scores in the housing category. This could be due to a positive home affordability ratio, high appreciation rates or elevated home values.
Health & Safety
A high score in the health and safety category is a result of good air quality and the accessibility to health facilities such as hospitals, clinics, doctors, pharmacies and fire stations.
Ratings
Local residents have positive things to say about the proximity of restaurants, grocery stores, parks, public transit, friendliness of neighbors, sense of community and overall safety of the area.
Amenities
A majority of amenities are not ideally situated within a reasonable walking distance, which may lead residents to rely on a vehicle or public transportation.
Commute
Public transportation is not readily available in this area and the average commute time to work could also be longer than the national average.
Crime
This area is reporting high crime rates per 100,000 people and could signify that it is a dangerous place to live. Crime rates include both violent and property crimes.
Schools
Lower than average education levels, poor reading and math scores, as well as the inaccessibility of local elementary and high schools could all be factors in the low schools score.
Located in the state of Illinois, Cherry Valley is a small-sized city with a population of 2,783 people. The majority of Cherry Valley residents report their race to be White; this is followed by Asian and Black. In Cherry Valley, there seems to be a shift in population towards an older age group. The average age of the population is now 52, which is significantly higher than the nation’s average.
Without the right tools, relocating to any new city can be very stressful and challenging. Living in Cherry Valley, Illinois could be a great experience for anyone who puts in the effort to do the research required. When searching for a new neighborhood, several key items should be considered. Safety is paramount, ensuring a secure environment for you and your family. Proximity to workplaces or schools reduces commuting time and enhances convenience. Access to amenities like parks, grocery stores and healthcare facilities contributes to a comfortable lifestyle. Reliable public transportation options promote easy mobility. A strong sense of community fosters social connections and a welcoming atmosphere. The best areas in Cherry Valley and in surrounding cities are easier to find when you are able to make informed decisions. Using data from crime, health & safety, education, employment, housing, you will see a detailed breakdown of the most important information as well as comparisons to the Illinois and national averages.
Using data and statistics Cherry Valley has received a livability score of 69/100. This score is ranked in the 76th percentile when compared to all other cities. There are nine total categories that generate the livability score. Cherry Valley ranks well for cost of living (B+), employment (A-) and housing (A-) There is at least one category that did not score well in Cherry Valley. The following was graded with a disappointing score: amenities (F), crime (F) and education (F).
Unemployment rates can vary significantly among cities, impacting job prospects, wage levels and the overall economic health of an area. In Cherry Valley, the unemployment rate stands at 1.7%, suggesting increased job opportunities and a heightened demand for workers. This scenario can lead to higher wages, as the demand for employees outpaces job availability. Importantly, a low unemployment rate often signifies a robust and flourishing local economy.
For home buyers, real estate will be the largest purchase they will ever make and it will also be their most valuable asset. For renters, the monthly rent paid on their Cherry Valley apartments will most likely be their largest expense. Based on tangible metrics like home and rental affordability and appreciation rates, housing in this area has received a score that is well above the average of every other US city. A thriving real estate market can also generate strong local economic activity and job creation.
Cherry Valley real estate prices and overall affordability will play a huge role in determining if the area is the right fit for you. Of course there are probably some other items on your “wish list”, but even before they are considered, let’s take a look at the home prices and affordability in Cherry Valley. The median home price for Cherry Valley homes is $171,600, which is 1.8% lower than the Illinois average. If we take a closer look at the affordability of homes in Cherry Valley, we’ll see that the home price to income ratio is 2.5, which is 16.7% lower than the Illinois average.
| Statistic | Cherry Valley | Illinois | National |
| Average one way commute | 22min | 29min | 26min |
| Workers who drive to work | 84.2% | 73.4% | 76.4% |
| Workers who carpool | 5.1% | 8.3% | 9.3% |
| Workers who take public transit | 0.8% | 9.2% | 5.1% |
| Workers who bicycle | 0.0% | 0.6% | 0.6% |
| Workers who walk | 1.4% | 3.1% | 2.8% |
| Working from home | 7.6% | 4.4% | 4.6% |
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