Cherry Grove has a younger population than other areas in Washington with a median age of 41 years. It is also affluent with a median income of $60,070 per household. Homes in Cherry Grove are quite new with a median age of six years. Leading the list of best schools in the city are Felida Elementary School and Jefferson Middle School.
The median value of homes in Cherry Grove is $234,900, making it one of the most valuable areas in Washington. At the same time, the average list price of available homes is presently $722,298.
A three-bedroom detached home valued around $673,667 is considered a typical dwelling in Cherry Grove. If a buyer was looking for a similar home, they would need good credit and a $134,733 cash down payment to get a mortgage with a 3.95% interest rate. The monthly payments would be $86 and the property tax rate is $12.03 per $1,000 of taxable assessed value.