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CITY

Lake Cherokee

Texas · 3,093 residents · 12.287 sq mi
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The short version

Lake Cherokee is wealthier than most US places, with a median household income of $91,855. Population has declined 8% since 2023. Median home value is $345,000. With a median age of 57.4, the population is older than the US median of 38.9. It sits in the top 10% of US cities for household income.

At a glance
Wealthier
above the US median
US median: $82,259
Older
median age 57.4
US median: 38.9
Average education
33% hold a bachelor's degree
US average: 36%
More affordable
home values down 15%, inflation adjusted
US median home: $376,019
Section 01

Population & growth

Total population
3,093
−8%since 2023
from 3,358 in 2023
2010 – 2024
Population density
252 / sq mi
−8%since 2023
from 273 / sq mi in 2023
US average: 281
Median age
57.4
+2%since 2023
from 56.1 in 2023
US average: 38.9
Population, 2010 – 2024
2K3K3K3K3K201020202024Lake Cherokee
20243K
201020202024
Section 02

Income & economy

Median household income
$91,855
−3%inflation adjusted, since 2023
from $91,571 in 2023
US average: $82,259
2010 – 2024
Per capita income
$62,766
−3%since 2023
from $64,431 in 2023
US average: $44,673
Households earning $100K+
61.4%
−5.7 ptssince 2023
from 67.0% in 2023
US average: 53.3%
Poverty rate
11.3%
+0.5 ptssince 2023
from 10.8% in 2023
US average: 12.5%
Income inequality (Gini)
0.534
+1%since 2023
from 0.530 in 2023
US average: 0.476
Workforce by industry, 2024
Information14.7%
US avg: 10.8%
Retail trade7.9%
US avg: 9.9%
Other services5.3%
US avg: 6.7%
Wholesale trade5.3%
US avg: 6.9%
Finance & insurance4.7%
US avg: 5.9%
Professional, scientific, technical4.7%
US avg: 5.1%
Arts, entertainment, food4.3%
US avg: 1.9%
Public administration3.6%
US avg: 4.8%
Transportation & warehousing3.6%
US avg: 2.2%
Agriculture, forestry, fishing2%
US avg: 1.6%
Manufacturing2%
US avg: 0.4%
Construction0%
US avg: 1.2%
Education & health services0%
US avg: 0.9%
BARS: THIS PLACE · TICKS: US AVERAGE
Section 03

Housing

Median home value
$345,000
−15%inflation adjusted, since 2023
from $394,900 in 2023
US average: $376,019
2010 – 2024
Median gross rent
$930
−2%inflation adjusted, since 2023
from $919 in 2023
US average: $1,442
Owner-occupied
78.1%
−5.3 ptssince 2023
from 83.4% in 2023
21.9% rent
Vacancy rate
26.6%
+8.5 ptssince 2023
from 18.2% in 2023
US average: 10.0%
Owner cost-burdened
13.7%
+1.9 ptssince 2023
from 11.8% in 2023
US average: 22.9%
Renter cost-burdened
27.8%
−8.7 ptssince 2023
from 36.5% in 2023
US average: 47.4%
Afford Score
3.8
−13%since 2023
from 4.3 in 2023
2010 – 2024
Gentrification Score
43
RELATED:See current rent listings in Lake Cherokee on RentDataNow
Section 04

Race & ethnicity

2023
White, non-Hispanic87.4%(2,934)
Black2.5%(83)
Hispanic / Latino6.7%(226)
Asian1.4%(47)
Other2%(68)
Diversity Score28.9%(969)
2024
White, non-Hispanic76.8%(2,375)
Black9.1%(280)
Hispanic / Latino7.4%(228)
Asian1.1%(35)
Other5.7%(175)
Diversity Score49.2%(1,521)
Diversity Score
49
+70%since 2023
from 29 in 2023
2010 – 2024
Section 05

Education

Bachelor's degree or higher
33.0%
+1.8 ptssince 2023
from 31.2% in 2023
US average: 35.6%
High school or higher
97.7%
+0.6 ptssince 2023
from 97.1% in 2023
US average: 89.6%
Graduate degree
15.3%
+4.2 ptssince 2023
from 11.0% in 2023
US average: 14.0%
Section 06

Commute & transportation

Average commute
28.4 min
+15%since 2023
from 24.7 min in 2023
US average: 26.5
Drive alone to work
87.8%
+7.7 ptssince 2023
from 80.1% in 2023
US average: 68.9%
Carpooled to work
3.1%
−5.0 ptssince 2023
from 8.1% in 2023
US average: 8.5%
Public transit
0.0%
Unchangedsince 2023
from 0.0% in 2023
US average: 3.2%
Worked from home
4.9%
−0.7 ptssince 2023
from 5.6% in 2023
US average: 15.0%
Walked to work
0.0%
−1.9 ptssince 2023
from 1.9% 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%
Unchangedsince 2023
from 0.0% in 2023
US average: 8.3%
Section 07

Work & employment

Unemployment rate
2.9%
−0.3 ptssince 2023
from 3.2% in 2023
US average: 5.2%
Labor force participation
60.2%
+1.7 ptssince 2023
from 58.5% in 2023
US average: 63.5%
Self-employed
14.7%
+4.2 ptssince 2023
from 10.4% in 2023
US average: 13.1%
Management & professional
43.8%
+10.3 ptssince 2023
from 33.5% in 2023
US average: 42.5%
Section 08

People & community

Male
44.5%
−3.1 ptssince 2023
from 47.6% in 2023
Female
55.5%
+3.1 ptssince 2023
from 52.4% in 2023
Foreign born
3.2%
+0.3 ptssince 2023
from 2.9% in 2023
US average: 14.1%
Veterans
7.6%
+1.0 ptssince 2023
from 6.7% in 2023
US average: 6.2%
With a disability
16.9%
+2.3 ptssince 2023
from 14.6% in 2023
US average: 13.3%
Uninsured
7.5%
−0.1 ptssince 2023
from 7.6% in 2023
US average: 8.4%
Broadband at home
95.8%
+4.3 ptssince 2023
from 91.5% in 2023
US average: 91.0%
English only at home
91.9%
−1.0 ptssince 2023
from 92.9% in 2023
US average: 77.7%
Spanish at home
7.7%
+0.9 ptssince 2023
from 6.9% in 2023
US average: 13.6%
Drill deeper

Places similar to Lake Cherokee

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Pop 3,595
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Head to head

Compare Lake Cherokee to nearby cities

LAKE CHEROKEE VS
Kilgore
Income$66,295−28%
Home value$171,600−50%
Population13,531+337%
SEE FULL COMPARISON →
LAKE CHEROKEE VS
Longview
Income$63,340−31%
Home value$202,600−41%
Population83,236+2591%
SEE FULL COMPARISON →
LAKE CHEROKEE VS
Henderson
Income$61,285−33%
Home value$173,700−50%
Population13,496+336%
SEE FULL COMPARISON →
LAKE CHEROKEE VS
Marshall
Income$55,089−40%
Home value$141,400−59%
Population24,467+691%
SEE FULL COMPARISON →
Frequently asked

How many people live in Lake Cherokee, Texas?

Lake Cherokee, Texas has about 3,093 residents according to the 2024 American Community Survey.

What is the median household income in Lake Cherokee, Texas?

The typical household in Lake Cherokee, Texas earns about $91,855 a year. Half of households make more than that, and half make less.

Is Lake Cherokee, Texas expensive?

In Lake Cherokee, Texas, the median home is worth about $345,000, and the typical rent is about $930 a month.

How educated are people in Lake Cherokee, Texas?

About 33.0% of adults age 25 and over in Lake Cherokee, Texas hold a bachelor's degree or higher.

What is the poverty rate in Lake Cherokee, Texas?

About 11.3% of people in Lake Cherokee, Texas live below the federal poverty line.

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

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