Cherry Valley, CA Economy


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Cherry Valley, CA is a small city located in the San Bernardino County of Southern California. It is an attractive area that appeals to both locals and visitors alike. The city offers a range of different amenities, such as two bedroom rental prices that are slightly higher than the US average at $1,610 per month, and a grocery cost index that is lower than the US average at 99 versus 100. This makes it an attractive place to live for those wanting to save money.
Cherry Valley also has plenty of great attractions and local businesses to explore. For outdoor activities, locals can visit Barley Creek Park which features a playground and open fields for soccer and other activities. On the historic side of things, the city includes the old Courthouse Museum which preserves artifacts from early settlers in the area, giving tourists a glimpse into their fascinating past. For fun nightlife, there's Kaos Live Music Venue with nightly events featuring some of Southern California's best bands. There is also plenty of great shopping around town with stores like Walmart Supercenter and Target providing multiple options for all budgets.

Cherry Valley has an unemployment rate of 7.7%. The US average is 6.0%.

Cherry Valley has seen the job market increase by 2.2% over the last year. Future job growth over the next ten years is predicted to be 38.8%, which is higher than the US average of 33.5%.

Tax Rates for Cherry Valley
- The Sales Tax Rate for Cherry Valley is 7.8%. The US average is 7.3%.
- The Income Tax Rate for Cherry Valley is 9.3%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.

Income and Salaries for Cherry Valley
- The average income of a Cherry Valley resident is $29,789 a year. The US average is $28,555 a year.
- The Median household income of a Cherry Valley resident is $77,273 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyCherry Valley, CaliforniaUnited States
  7.76
  -5.8%-6.2%
  38.8%33.5%
  7.8%6.2%
  8.0%4.6%
  $37,240$37,638
  $77,273$69,021
  $85,592$85,028
  Population by Occupation
  0.2%1.2%
  0.8%0.5%
  14.2%6.8%
  4.5%10.0%
  2.4%2.5%
  10.8%11.0%
  3.9%4.8%
  2.9%0.8%
  0.0%1.9%
  1.9%4.7%
  1.2%1.9%
  1.6%7.6%
  0.0%0.1%
  1.1%4.2%
  13.0%9.3%
  14.1%14.0%
  1.7%2.1%
  10.1%7.0%
  8.3%4.8%
  7.3%4.7%
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