Income & Economy in Cherry Valley city, AR (72324)
Median Income
$37,031
*Adjusted for inflation (2023 dollars)
IRS Net Migration
+68
Wealth inflow
Population
1,951
Unemployment
7.6%
3.9pp above US avg
IRS migration statistics show a net inflow of about 68 for ZIP 72324 (Cherry Valley city, AR) on US5’s published series — a signal of people/tax filers moving in relative to those leaving. Inflows often track job growth, housing demand, or lifestyle migration; treat the figure as a directional indicator rather than a precise headcount.
Historical Trends in 72324 (2020–Present)
Since 2020, population declined 16.4%, median income fell 35.6% (inflation-adjusted), home values decreased 9.5%.
Economy & Jobs key statistics
| Income & Jobs | |
|---|---|
| Median household income | $37,031 |
| Unemployment | 7.6% |
| Establishments | 18 |
| Employees | 129 |