Cherry valley is located in Otsego county New york with a geographic area of 0.5 square miles. The total population in Cherry valley is 586 with 54.4% male and 45.6% female. Children under age 5 represent 4.4% of the population, under age 18 equal 22.4% of the population and over age 65 is 21.2% of the population. The median household income is $51,786, per capita income is $23,547. There are a total of 214 housing units with 72.4% owner occupied. Education includes 28.0% of residents that are high school graduates and 49.1% with a bachelor's degree or higher. The average temperature in Cherry valley in the summer is 70 degrees, and in the winter 27 degrees.