Township Of Cherry Lane NC Demographic Data and Boundary Map

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Township Of Cherry Lane, NC

The Township Of Cherry Lane is a County Subdivision of Alleghany County. The subdivision has a Z1 Census Class Code which indicates that the Township Of Cherry Lane is a nonfunctioning county subdivision.

Also See: Alleghany County Data | Cities in Alleghany County | County Subdivisions in Alleghany County

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  1. Township Of Cherry Lane 2019 Demographic Data
  2. Growth Rates for Township Of Cherry Lane (Historical & 5-Year Forecast)
  3. Neighborhoods Demographics (Home Values, Household Income, etc.)
  4. North Carolina Research Tools (Easy Tools & Current Data)
  5. North Carolina Data Comparison Tool - 2019 Demographics

Township Of Cherry Lane Boundary Map


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Township Of Cherry Lane Data & Demographics (As of July 1, 2019)

HOUSING AFFORDABILITY INDEX

Township Of Cherry Lane Housing Affordability Index is 160
State of North Carolina Housing Affordability Index is 140
The Housing Affordability Index base is 100 and represents a balance point where a resident with a median household income can normally qualify to purchase a median price home. Values above 100 indicate increased affordability, while values below 100 indicate decreased affordability.

WEALTH INDEX

Township Of Cherry Lane Wealth Index is 55
State of North Carolina Wealth Index is 84
The Wealth Index is based on a number of indicators of affluence including average household income and average net worth, but it also includes the value of material possessions and resources. It represents the wealth of the area relative to the national level. Values above or below 100 represent above-average wealth or below-average wealth compared to the national level.

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POPULATION

Total Population 1,565
Population in Households 1,565
Population in Familes 1,284
Population in Group Qrtrs 0
Population Density 39
Diversity Index1 20
 

INCOME

Median Household Income $45,905
Average Household Income $58,230
Per Capita Income $25,314
Wealth Index3 55

HOUSING

Total Housing Units 1,726 (100%)
Owner Occupied HU 531 (30.8%)
Renter Occupied HU 136 ( 7.9%)
Vacant Housing Units 1,059 (61.4%)
Median Home Value $155,172
Housing Affordability Index2 160
 

HOUSEHOLDS

Total Households 667
Average Household Size 2.35
Family Households 453
Average Family Size 3
NOTES
  1. The Diversity Index is a scale of 0 to 100 that represents the likelihood that two persons, chosen at random from the same area, belong to different race or ethnic groups. If an area's entire population belongs to one race AND one ethnic group, then the area has zero diversity. An area's diversity index increases to 100 when the population is evenly divided into two or more race/ethnic groups.
  2. The Housing Affordability Index base is 100 and represents a balance point where a resident with a median household income can normally qualify to purchase a median price home. Values above 100 indicate increased affordability, while values below 100 indicate decreased affordability.
  3. The Wealth Index is based on a number of indicators of affluence including average household income and average net worth, but it also includes the value of material possessions and resources. It represents the wealth of the area relative to the national level. Values above or below 100 represent above-average wealth or below-average wealth compared to the national level.

GROWTH RATES

2010-2019 2019-2024
Population 0.26% 0.08%
Households 0.15% 0.0%
Families -0.28% -0.04%
Median Household Income   1.18%
Per Capita Income   2.17%

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