Demographic and Economic Information

Population

According to the United States Census Bureau, the population of Cheverly in 2010 the was 6,173 (50.06% male, 49.04% female), with 7.8% of residents under the age of 5, 23.6% over age 18, and 8.5% over the age of 65. The racial makeup of Cheverly is 57.1% black, 32.4% white (28.4% white, non-Hispanic), 10.5% Hispanic or Latino, and 1.8% comprised of American Indian, Alaska natives, or Asian. In 2010, 3.4% of Cheverly residents counted themselves as multi-ethnic.

Education

According to the 2010 U.S. Census survey, 91% of the Town's residents over age 25 had graduated from high school and 44.2% were recipients of bachelor or graduate degrees.

Income

According to the 2010 U.S. Census survey, the Town's median household income in 2006-2010 was $78,449. In 2006-2010, 7.4% of Cheverly residents lived below poverty level.

Employment

As of 2007, there were a total of 661 businesses in Cheverly, with 41.5% of those firms being owned by women.

Housing

Cheverly is home to many long-time residents, with 86% living in the same house for more than one year. The homeownership rate in 2006-2010 is 78.4%. There are 2,395 housing units in Town, 22.1% of which are multi-unit structures. The median year built of houses in Cheverly is 1955, and Town policy mandates that careful attention is directed to the condition of these dwellings and public improvements be made within these areas in order to maintain the housing quality and a stable neighborhood environment. The Town's Policy is to prevent deterioration and encroachment of commercial and industrial development, thus maintaining property values and neighborhood stability.

The median household population is 2.74 persons. The mean travel time to work (for workers over age 16) is 31.6 minutes.

Trends in housing prices in the Town to a large extent reflect those throughout the nation. The median value of a house in Cheverly is in the $175,000-$350,000 range.

Please visit the U.S. Census Bureau for additional demographic information from the 2010 U.S. Census,