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Demographics
Population
Median Income
Racial Distributions
Cherry Valley, Pennsylvania, is classified as a "Low Diversity" community. As of 2022, the white population comprises 93% of the total, exceeding the 75% threshold for this classification. The city's current median income is $57,208, with a population of 958 as of 2022.
Over the past decade, Cherry Valley has maintained its status as a "Low Diversity" community. The white population has remained dominant, consistently above 93%. Minor changes in diversity include the introduction of a small Asian population (1%) from 2018 onwards, the emergence of a Black population (3%) in 2022, and a slight increase in the two or more races category, reaching 2% by 2022. Despite these changes, the community has not transitioned to a different diversity category.
The median income in Cherry Valley has fluctuated over the years. From 2013 to 2016, there was a slight decline in median income. A recovery period occurred from 2017 to 2021, with significant growth in 2020 and 2021. In 2022, a decrease brought the median income to $57,208. The population has also fluctuated, with a general trend of growth from 805 in 2010 to 958 in 2022, representing an increase of about 19% over 12 years.
The persistence of a predominantly white population in Cherry Valley contrasts with national trends towards increasing diversity in many urban and suburban areas. The income fluctuations may reflect broader economic cycles.
Based on observed trends, Cherry Valley is likely to remain a "Low Diversity" community in the near future. However, the recent introduction of small percentages of Asian and Black residents, along with a slight increase in multiracial individuals, suggests a slow trend towards greater diversity. If this trend continues and accelerates, the community might transition into a "Moderate Diversity" category over the next decade or two.
Economically, the area has shown resilience with its ability to recover from income declines. The overall trend in median income is positive, despite recent fluctuations. If this trend continues, it could lead to increased economic opportunities and potentially attract a more diverse population.
Cherry Valley remains a predominantly white, low-diversity community. Subtle demographic shifts and economic fluctuations suggest the potential for gradual change. Monitoring these trends in the coming years will be crucial to understanding the evolving nature of this Pennsylvania borough.