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Cheval, Florida

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
13,969
Population
$101,907
Median Income
$525,700
Home Value
39.6
Median Age

Demographics

Cheval has a population of 13,969 with a median age of 39.6. Here is the racial and ethnic breakdown of the population:

White
58.8%
Hispanic
23.3%
Asian
11.7%
Black
5.9%
Demographic Value
Total Population13,969
Median Age39.6
White58.8%
Black or African American5.9%
Asian11.7%
Hispanic or Latino23.3%
Cheval, Florida — racial composition (Census ACS 2024)Donut chart of 4 segments totaling 100.White: 59.0%Hispanic/Latino: 23.4%Asian: 11.7%Black: 5.9%13,969PopulationWhiteWhite59.0%Hispanic/LatinoHispanic/Latino23.4%AsianAsian11.7%BlackBlack5.9%

Income & Economy

The median household income in Cheval is $101,907, which is 26.4% above the national median of $80,610. The per capita income is $53,301. The poverty rate is 4.6%.

$101,907
Median Household Income
$53,301
Per Capita Income
4.6%
Poverty Rate

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Education

In Cheval, 96.9% of residents age 25+ have a high school diploma or higher, and 55.3% hold a bachelor's degree or higher (24.0% with a graduate or professional degree).

HS Diploma+
96.9%
Bachelor's+
55.3%
Graduate+
24.0%
Education Level % of Adults (25+)
High School Diploma or Higher96.9%
Bachelor's Degree or Higher55.3%
Graduate or Professional Degree24.0%

Housing

The median home value in Cheval is $525,700, above the national median of $303,400. The median monthly rent is $1,442. The homeownership rate is 59.4%.

$525,700
Median Home Value
$1,442/mo
Median Rent
59.4%
Homeownership Rate
Housing Metric Value
Median Home Value$525,700
Median Monthly Rent$1,442
Homeownership Rate59.4%
Vacancy Rate0.8%

Salaries in Florida

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Frequently Asked Questions

What is the population of Cheval, Florida?
The population of Cheval, Florida is 13,969 according to U.S. Census Bureau ACS 2024 5-Year Estimates.
What is the median household income in Cheval, Florida?
The median household income in Cheval, Florida is $101,907. This is 26.4% above the national median of $80,610.
What is the median home value in Cheval, Florida?
The median home value in Cheval, Florida is $525,700. The median monthly rent is $1,442.
What percentage of people in Cheval have a college degree?
In Cheval, Florida, 55.3% of adults age 25 and older hold a bachelor's degree or higher, and 96.9% have a high school diploma or higher.
Is Cheval, Florida an affordable place to live?
The home price-to-income ratio in Cheval, Florida is 5.2x (median home value $525,700 vs. median income $101,907), making it moderately affordable by that measure. A ratio under 4.0 is generally considered affordable.

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