Cherry County, Nebraska: commercial real estate data.
Cherry County, Nebraska has a population of 5,498 across 5,960 square miles, up 1.8 percent since the 2020 census base. County output reached $484.9 m in 2024, 214 establishments operate here, and the SBA record carries 6 7(a) approvals worth $1.7 m.
102 sourced county values · tier FULL · 10 sections
Cherry County
How many people live in Cherry County
- Population5,498
- Households2,233
- Average household size2.46
- Median household income$66,270
- Median age41.4
- Median gross rent$916 per month
- Median owner-occupied home value$152,200
- Home value to household income2.3 times
- Annual rent as a share of median income16.6 percent
- Adults 25 and over with a bachelor degree or higher25.3 percent
- Adults 25 and over with a graduate degree8.4 percent
- Adults 25 and over3,902
- Population under 181,289
- Share under 1823.4 percent
- Population 65 and over1,230
- Share 65 and over22.4 percent
- Working age population, 18 to 642,979
- Civilian labor force2,931
- Unemployment rate0.4 percent
- Labor force participation, adults 18 and over69.6 percent
- Rank by population among Nebraska counties51st of 93
- Rank by population among US county-equivalents2854th
Cherry County is the 51st largest of 93 Nebraska counties by population. A median home costs 2.3 times median household income, which is an affordable ownership market by national standards. Residents under 18 outnumber those 65 and over, at 23.4 percent against 22.4 percent, a household formation profile rather than a retirement one.
US Census Bureau, American Community Survey 5-Year Estimates, 2020-2024 5-year.
Cherry County
Is Cherry County growing
- Population change since the 2020 census base1.83 percent
- Census 2020 base population5,458
- Births, 202474
- Deaths, 202458
- Natural change, 202416
- Net domestic migration, 2024-6
- Net international migration, 202420
- Total net migration, 202414
- Cumulative net domestic migration, 2021 to 20241
- Rank by growth among US county-equivalents1227th
The county has grown 1.83 percent since the 2020 census base.
US Census Bureau, Population Estimates Program, Vintage 2024, Vintage 2024, estimates 2020 to 2024.
Cherry County
Where people moving to Cherry County come from
- Tax returns filed by households arriving139
- People arriving, from those returns239
- Adjusted gross income arriving$6.7 m
- Net adjusted gross income movement$0
- Average income of an arriving household$48,173
- Largest single originCherry County Non-migrants (2,110 households)
- Largest single destination (2,110 households)
| Origin | Households | People | Adjusted gross income |
|---|---|---|---|
| Cherry County Non-migrants | 2,110 | 4,483 | $126.3 m |
| Other flows - Different State | 81 | 129 | $3.7 m |
| Other flows - Same State | 58 | 110 | $3.0 m |
| Other flows - Midwest | 49 | 80 | $2.0 m |
| Other flows - West | 32 | 49 | $1.7 m |
The largest single source of arrivals is Cherry County Non-migrants, which is the catchment a retail or multifamily study should look at first.
US Internal Revenue Service, Statistics of Income county migration flows, 2021 to 2022 filing years.
Cherry County
What the Cherry County economy runs on
- County GDP, 2024$484.9 m
- County GDP, 2023$439.6 m
- GDP change, 2023 to 202410.3 percent
- GDP change over five years55.8 percent
- Rank by GDP among Nebraska counties47th
- Rank by GDP among US county-equivalents2420th
- GDP per resident$88,194
Output grew 10.3 percent in the latest year and 55.8 percent over five, which is the trend line a lender will read behind any single year figure.
US Bureau of Economic Analysis, Regional, table CAGDP2, CAGDP2, through 2024.
Cherry County
Who employs people in Cherry County
- Covered employment, annual average2,323
- Establishments reporting294
- Average annual pay$41,350
- Average weekly wage$795
- Sector 44-45, employment333
- Sector 44-45, average annual pay$30,408
- Sector 11, employment296
- Sector 11, average annual pay$44,966
- Sector 23, employment124
- Sector 23, average annual pay$50,596
- Sector 62, employment124
- Sector 62, average annual pay$47,015
- Sector 42, employment104
- Sector 54, employment70
| Sector | Employment | Establishments | Average annual pay |
|---|---|---|---|
| Sector 44-45 | 333 | 36 | $30,408 |
| Sector 11 | 296 | 46 | $44,966 |
| Sector 23 | 124 | 28 | $50,596 |
| Sector 62 | 124 | 16 | $47,015 |
| Sector 42 | 104 | 8 | $31,359 |
| Sector 54 | 70 | 20 | $41,427 |
| Sector 31-33 | 66 | 11 | $31,678 |
| Sector 52 | 42 | 14 | $50,595 |
The largest sector is the biggest private employer group at 333 jobs, 14.3 percent of covered employment. Average pay per job sits below median household income, so households here typically need more than one earner.
US Bureau of Labor Statistics, Quarterly Census of Employment and Wages, 2024 annual averages.
Cherry County
What businesses operate in Cherry County
- Establishments, all industries214
- Employment at those establishments1,492
- Annual payroll$59.2 m
- Establishments per 1,000 residents38.9
These are counts of establishments physically operating in the county, not listings, so they are the supply side a feasibility study measures demand against.
US Census Bureau, County Business Patterns, 2023.
Cherry County
What is being built in Cherry County
- Housing units authorised by permit, 202418
- Declared construction value permitted$4.3 m
- Single family units authorised18
- Multifamily units authorised0
- Multifamily share of units0.0 percent
- Average declared value per unit$237,609
- Units authorised per 1,000 households8.1
Multifamily is 0.0 percent of units authorised, so the pipeline is predominantly for sale product.
US Census Bureau, Building Permits Survey, 2024 annual.
Cherry County
How much SBA lending happens in Cherry County
- 7(a) approvals recorded6
- 7(a) gross approval dollars$1.7 m
- Average 7(a) approval$284,833
- Median 7(a) approval$270,000
- 10th percentile approval$25,000
- 90th percentile approval$704,000
- Largest single approval$704,000
- Jobs reported supported, 7(a)15
- Jobs per approval2.5
- Distinct 7(a) lenders active2
- Distinct industries receiving approvals3
- Median 7(a) term300 months
- Share of loans on real estate terms, 240 months or longer50.0 percent
- Loans on real estate terms3
- Loans on working capital terms, 120 months or shorter3
- Franchise loans0
- Franchise share of approvals0.0 percent
- Leading industry by approval countSporting Goods Retailers (4)
- Most active lenderUnion Bank and Trust Company (4)
The average approval of $284,833 sits close to the median of $270,000, so lending here is fairly evenly sized rather than driven by a few large deals. 50.0 percent of approvals run on real estate terms of 240 months or more, so this is a market where SBA credit is buying buildings, not just funding operations.
US Small Business Administration, 7(a) FOIA release, FY2020 to FY2026 year to date, as of 2026-06-30.
Cherry County
Do SBA loans in Cherry County get paid back
- Loans with a final outcome recorded0
- Paid in full0
- Charged off0
- Status: Exempt from disclosure5
- Status: Cancelled1
Too few loans have reached a final outcome to publish a charge off rate. only 0 resolved loans, too few to publish a rate. A rate computed on a handful of loans is noise, so none is shown.
US Small Business Administration, 7(a) FOIA release, FY2020 to FY2026 year to date, as of 2026-06-30.
Cherry County
How big is Cherry County
- Land area5,960 sq mi
- Rank by land area among Nebraska counties1st of 93
- Width, east to west97.2 mi
- Height, north to south63.1 mi
- Geographies sharing a boundary7
- Residents per square mile of land1
- Establishments per square mile0.04
US Census Bureau county boundary geometry, TIGER, adjacency computed from shared boundary vertices, TIGER county boundaries. US Census Bureau, American Community Survey 5-Year Estimates, 2020-2024 5-year. US Census Bureau, County Business Patterns, 2023.
Coverage
What this page does not hold.
Every item below could be filled with a plausible figure. None of them is. On a page a lender may read, a number that cannot be traced is worse than an absence, so the absences are named.
- No 504 approvals recorded in this county in the FOIA release covering FY2010 onward.
- No NFIP communities are listed for this county in the FEMA Community Status Book.
- Flood zone record counts are not held. The flood coverage export has not landed, so no count is shown rather than an estimated one.
- Traffic counts resolve in the platform, not in this dataset, so no AADT figure is printed here.
- Zoning is in build. Parcel level zoning is not published on this page.
Feasibility studies
When a Cherry County site needs a document a lender will accept.
The same data layer behind this page is the one the studies are written from. A study for a Cherry County site starts with the figures you are reading, carrying the same source and period into the credit file.
- Population5,498
- Households2,233
- Average household size2.46
- Median household income$66,270
- Median age41.4
Common questions
Cherry County questions, answered from the record.
How many people live in Cherry County, Nebraska?
5,498, in 2,233 households, ranking 51st of 93 Nebraska counties. Source: US Census Bureau, American Community Survey 5-Year Estimates, 2020-2024 5-year.
Is Cherry County growing?
The population has grown 1.83 percent since the 2020 census base. In 2024 there were 74 births against 58 deaths, with net migration of 14. Source: US Census Bureau, Population Estimates Program, Vintage 2024, Vintage 2024, estimates 2020 to 2024.
What is the median household income in Cherry County?
$66,270. The median owner-occupied home is valued at $152,200, which is 2.3 times income, and median gross rent is $916 per month. Source: US Census Bureau, American Community Survey 5-Year Estimates, 2020-2024 5-year.
How many businesses are there in Cherry County?
214 establishments, employing 1,492 people with an annual payroll of $59.2 m. These are establishments physically operating in the county, not listings. Source: US Census Bureau, County Business Patterns, 2023.
What is the average wage in Cherry County?
Average annual pay is $41,350, or $795 a week, across 2,323 covered jobs. Source: US Bureau of Labor Statistics, Quarterly Census of Employment and Wages, 2024 annual averages.
How much SBA lending happens in Cherry County?
6 7(a) approvals totalling $1.7 m since FY2020, across 2 lenders, with a median approval of $270,000. These are approvals recorded in the release, not loans disbursed.
What is being built in Cherry County?
18 housing units were authorised by permit in 2024, with a declared construction value of $4.3 m. Multifamily was 0.0 percent of units. Source: US Census Bureau, Building Permits Survey, 2024 annual.
What is the radon zone for Cherry County?
Zone 3, a predicted average indoor radon screening level less than 2 pCi/L. Source: US EPA, Map of Radon Zones, county spreadsheet, 2024-05 publication, EPA 402/A-16/001.
Where do people moving to Cherry County come from?
The largest single origin is Cherry County Non-migrants, with 2,110 households. Arriving households report an average income of $48,173 against null for those leaving. Source: US Internal Revenue Service, Statistics of Income county migration flows, 2021 to 2022 filing years.
Are traffic counts available for Cherry County on this page?
No. Annual average daily traffic resolves in the platform rather than in this dataset, so no AADT figure is printed here. It is a gap we know about rather than a figure we estimated.
Is zoning published for Cherry County?
Not yet. The zoning layer is in build. Nothing on this page presents parcel level zoning, and where a statutory framework applies it is marked as the statewide frame with confirm locally attached.