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CITY

Cherry Branch

North Carolina · 1,684 residents · 1.148 sq mi
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The short version

Cherry Branch is wealthier than most US places, with a median household income of $104,432. Population has grown 20% since 2023. Median home value is $262,200. At a median age of 30.9, residents skew younger than the country as a whole. Poverty is rare here, at 1.4% of residents. It sits in the top 10% of US cities for household income.

At a glance
Wealthier
above the US median
US median: $82,259
Younger
median age 30.9
US median: 38.9
Less educated
26% hold a bachelor's degree
US average: 36%
More affordable
home values down 9%, inflation adjusted
US median home: $376,019
Section 01

Population & growth

Total population
1,684
+20%since 2023
from 1,406 in 2023
2020 – 2024
Population density
1,467 / sq mi
+20%since 2023
from 1,225 / sq mi in 2023
US average: 281
Median age
30.9
Unchangedsince 2023
from 30.9 in 2023
US average: 38.9
Population, 2020 – 2024
1K1K1K2K2K20202024Cherry Branch
20242K
20202024
Section 02

Income & economy

Median household income
$104,432
−9%inflation adjusted, since 2023
from $111,930 in 2023
US average: $82,259
2020 – 2024
Per capita income
$36,737
−12%since 2023
from $41,785 in 2023
US average: $44,673
Households earning $100K+
81.6%
−2.2 ptssince 2023
from 83.7% in 2023
US average: 53.3%
Poverty rate
1.4%
−1.0 ptssince 2023
from 2.4% in 2023
US average: 12.5%
Income inequality (Gini)
0.321
−2%since 2023
from 0.327 in 2023
US average: 0.476
Workforce by industry, 2024
Information9.4%
US avg: 10.8%
Finance & insurance7.4%
US avg: 5.9%
Professional, scientific, technical7.4%
US avg: 5.1%
Retail trade5.3%
US avg: 9.9%
Other services2.6%
US avg: 6.7%
Public administration1.8%
US avg: 4.8%
Arts, entertainment, food1.7%
US avg: 1.9%
Agriculture, forestry, fishing0%
US avg: 1.6%
Construction0%
US avg: 1.2%
Manufacturing0%
US avg: 0.4%
Wholesale trade0%
US avg: 6.9%
Transportation & warehousing0%
US avg: 2.2%
Education & health services0%
US avg: 0.9%
BARS: THIS PLACE · TICKS: US AVERAGE
Section 03

Housing

Median home value
$262,200
−9%inflation adjusted, since 2023
from $278,800 in 2023
US average: $376,019
2020 – 2024
Median gross rent
$1,706
+1%inflation adjusted, since 2023
from $1,645 in 2023
US average: $1,442
Owner-occupied
85.9%
+8.0 ptssince 2023
from 77.9% in 2023
14.1% rent
Vacancy rate
1.3%
−0.4 ptssince 2023
from 1.8% in 2023
US average: 10.0%
Owner cost-burdened
18.7%
+10.9 ptssince 2023
from 7.8% in 2023
US average: 22.9%
Renter cost-burdened
15.1%
+11.0 ptssince 2023
from 4.1% in 2023
US average: 47.4%
Afford Score
2.5
+1%since 2023
from 2.5 in 2023
2020 – 2024
RELATED:See current rent listings in Cherry Branch on RentDataNow
Section 04

Race & ethnicity

2023
White, non-Hispanic73.4%(1,032)
Black15.4%(217)
Hispanic / Latino8.6%(121)
Asian0%(0)
Other2.6%(36)
Diversity Score53.7%(755)
2024
White, non-Hispanic65.3%(1,099)
Black21.3%(358)
Hispanic / Latino10.9%(183)
Asian0%(0)
Other2.6%(44)
Diversity Score64.6%(1,087)
Diversity Score
65
+20%since 2023
from 54 in 2023
2020 – 2024
Section 05

Education

Bachelor's degree or higher
26.3%
−4.7 ptssince 2023
from 31.0% in 2023
US average: 35.6%
High school or higher
98.6%
+2.8 ptssince 2023
from 95.7% in 2023
US average: 89.6%
Graduate degree
6.0%
−3.8 ptssince 2023
from 9.8% in 2023
US average: 14.0%
Section 06

Commute & transportation

Average commute
51.8 min
−7%since 2023
from 55.5 min in 2023
US average: 26.5
Drive alone to work
77.7%
+4.3 ptssince 2023
from 73.4% in 2023
US average: 68.9%
Carpooled to work
3.3%
+3.3 ptssince 2023
from 0.0% in 2023
US average: 8.5%
Public transit
0.0%
−0.9 ptssince 2023
from 0.9% in 2023
US average: 3.2%
Worked from home
18.9%
−3.7 ptssince 2023
from 22.6% in 2023
US average: 15.0%
Walked to work
0.0%
Unchangedsince 2023
from 0.0% in 2023
US average: 2.4%
Biked to work
0.0%
Unchangedsince 2023
from 0.0% in 2023
US average: 0.4%
No vehicle available
0.0%
−5.6 ptssince 2023
from 5.6% in 2023
US average: 8.3%
Section 07

Work & employment

Unemployment rate
0.4%
−1.3 ptssince 2023
from 1.7% in 2023
US average: 5.2%
Labor force participation
75.3%
+4.9 ptssince 2023
from 70.3% in 2023
US average: 63.5%
Self-employed
27.1%
+15.6 ptssince 2023
from 11.6% in 2023
US average: 13.1%
Management & professional
27.4%
−7.3 ptssince 2023
from 34.7% in 2023
US average: 42.5%
Section 08

People & community

Male
55.6%
+1.8 ptssince 2023
from 53.8% in 2023
Female
44.4%
−1.8 ptssince 2023
from 46.2% in 2023
Foreign born
3.8%
+2.8 ptssince 2023
from 1.0% in 2023
US average: 14.1%
Veterans
19.4%
+1.4 ptssince 2023
from 18.0% in 2023
US average: 6.2%
With a disability
7.4%
−6.0 ptssince 2023
from 13.4% in 2023
US average: 13.3%
Uninsured
10.4%
+1.4 ptssince 2023
from 9.0% in 2023
US average: 8.4%
Broadband at home
93.0%
−0.5 ptssince 2023
from 93.5% in 2023
US average: 91.0%
English only at home
99.3%
+5.4 ptssince 2023
from 93.9% in 2023
US average: 77.7%
Spanish at home
0.7%
−0.5 ptssince 2023
from 1.2% in 2023
US average: 13.6%
Drill deeper

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Head to head

Compare Cherry Branch to nearby cities

CHERRY BRANCH VS
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Income$58,408−44%
Home value$207,700−21%
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CHERRY BRANCH VS
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Income$56,233−46%
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CHERRY BRANCH VS
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Income$61,031−42%
Home value$240,100−8%
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CHERRY BRANCH VS
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Income$72,177−31%
Home value$227,600−13%
Population14,078+736%
SEE FULL COMPARISON →
Frequently asked

How many people live in Cherry Branch, North Carolina?

Cherry Branch, North Carolina has about 1,684 residents according to the 2024 American Community Survey.

What is the median household income in Cherry Branch, North Carolina?

The typical household in Cherry Branch, North Carolina earns about $104,432 a year. Half of households make more than that, and half make less.

Is Cherry Branch, North Carolina expensive?

In Cherry Branch, North Carolina, the median home is worth about $262,200, and the typical rent is about $1,706 a month.

How educated are people in Cherry Branch, North Carolina?

About 26.3% of adults age 25 and over in Cherry Branch, North Carolina hold a bachelor's degree or higher.

What is the poverty rate in Cherry Branch, North Carolina?

About 1.4% of people in Cherry Branch, North Carolina live below the federal poverty line.

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DATA: US CENSUS BUREAU ACS 5-YEAR + DECENNIAL CENSUS · UPDATED 2024

How we source and harmonize this data →