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The total population of Cherry Valley township is estimated to be 404 with 215 males (53.22%) and 189 females (46.78%). There are 26 less females than males in Cherry Valley township.
The median household income in Cherry Valley township was $45,602 in 2021, which marked an a decrease of 8,695(16.01%) from $54,297 in 2020. This income is 61.12% of the U.S. median household income of $74,606 (all incomes in 2022 inflation-adjusted dollars).
Per the latest American Community Survey by the Census Bureau, Cherry Valley township sees its highest median household income among householders in the age group of 45 to 64 years old, at $63,504. Overall, the median household income for the township of Cherry Valley township stands at $45,602.
In Cherry Valley township, the median income for all workers aged 15 years and older, regardless of work hours, was $34,522 for males and $20,943 for females. However, when specifically considering full-time, year-round workers within the same age group, while the Census reported a median income of $36,631 for males, while data for females was unavailable due to an insufficient number of sample observations.
In Cherry Valley township, there are just two different racial groups among households. Among these, Black or African American households report a median household income of $49,541, while White households have a median household income of $43,068.
In 2022, the population of Cherry Valley township was 442, a 3.27% increase year-by-year from 2021. Previously, in 2021, Cherry Valley township's population was 428, an increase of 1.90% compared to a population of 420 in 2020.
The median age in Cherry Valley Township, Michigan is 63.1, as per 2021 ACS 5-Year Estimates. Of the total population, 7.19% were under the age of 15, 10.34% aged 15 to 29, 37.75% aged 30 to 64, 41.35% aged 65 to 84, and 3.37% were 85 years of age and older.
Racial distribution of Cherry Valley township population: 90.34% are White, 5.62% are Black or African American, 0.22% are American Indian and Alaska Native, 0.22% are Native Hawaiian and other Pacific Islander, 0.90% are some other race and 2.70% are multiracial.