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Cherry Tree, Oklahoma

Last updated: 2024 BLS data · Page refreshed:

City Profile — Demographics, Income, Education & Housing
Data: U.S. Census Bureau, American Community Survey 2024 5-Year Estimates
585
Population
$63,000
Median Income
$114,100
Home Value
37.6
Median Age

Demographics

Cherry Tree has a population of 585 with a median age of 37.6. Here is the racial and ethnic breakdown of the population:

Other
79.0%
White
15.9%
Hispanic
5.1%
Demographic Value
Total Population585
Median Age37.6
White15.9%
Hispanic or Latino5.1%
Other / Two or More Races79.0%
Cherry Tree, Oklahoma — racial composition (Census ACS 2024)Donut chart of 3 segments totaling 100.Other: 79.0%White: 15.9%Hispanic/Latino: 5.1%585PopulationOtherOther79.0%WhiteWhite15.9%Hispanic/LatinoHispanic/Latino5.1%

Income & Economy

The median household income in Cherry Tree is $63,000, which is 21.8% below the national median of $80,610. The per capita income is $21,454. The poverty rate is 23.2%.

$63,000
Median Household Income
$21,454
Per Capita Income
23.2%
Poverty Rate

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Education

In Cherry Tree, 82.2% of residents age 25+ have a high school diploma or higher, and 10.3% hold a bachelor's degree or higher (2.1% with a graduate or professional degree).

HS Diploma+
82.2%
Bachelor's+
10.3%
Graduate+
2.1%
Education Level % of Adults (25+)
High School Diploma or Higher82.2%
Bachelor's Degree or Higher10.3%
Graduate or Professional Degree2.1%

Housing

The median home value in Cherry Tree is $114,100, below the national median of $303,400. The median monthly rent is $700. The homeownership rate is 74.5%.

$114,100
Median Home Value
$700/mo
Median Rent
74.5%
Homeownership Rate
Housing Metric Value
Median Home Value$114,100
Median Monthly Rent$700
Homeownership Rate74.5%
Vacancy Rate16.0%

Salaries in Oklahoma

Explore salary data for popular occupations in Oklahoma:

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Other Cities in Oklahoma

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Frequently Asked Questions

What is the population of Cherry Tree, Oklahoma?
The population of Cherry Tree, Oklahoma is 585 according to U.S. Census Bureau ACS 2024 5-Year Estimates.
What is the median household income in Cherry Tree, Oklahoma?
The median household income in Cherry Tree, Oklahoma is $63,000. This is 21.8% below the national median of $80,610.
What is the median home value in Cherry Tree, Oklahoma?
The median home value in Cherry Tree, Oklahoma is $114,100. The median monthly rent is $700.
What percentage of people in Cherry Tree have a college degree?
In Cherry Tree, Oklahoma, 10.3% of adults age 25 and older hold a bachelor's degree or higher, and 82.2% have a high school diploma or higher.
Is Cherry Tree, Oklahoma an affordable place to live?
The home price-to-income ratio in Cherry Tree, Oklahoma is 1.8x (median home value $114,100 vs. median income $63,000), making it relatively affordable by that measure. A ratio under 4.0 is generally considered affordable.

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