Cherry Valley vs Springfield
| Cherry Valley | Springfield | |
|---|---|---|
| Population | 2,951 | 114,214 |
| Median Household Income | $74,655 | $66,064 |
| Median Home Value | $232,800 | $162,100 |
| Median Gross Rent | $1,024/mo | $975/mo |
| Homeownership Rate | 81.3% | 64.3% |
| Unemployment Rate | 5.4% | 6.8% |
| Bachelor's Degree or Higher | 30.0% | 36.3% |
| Median Age | 45.1 | 41.0 |
Source: U.S. Census Bureau, American Community Survey, ACS 2020-2024.