Cost of Living in Lake Cherokee, TX
Population 3,358 · Texas · Data vintage 2023
(100 = US avg)
Lake Cherokee skews considerably older than the national median, with an average age of 56. Reported household income of $91,571 often reflects pension and investment income rather than wages, which makes the local tax picture — especially property tax treatment — a larger factor than in working-age cities.
Located 40 miles east of Tyler, Lake Cherokee falls within that metro's commuting orbit. Median home values run roughly 82% higher than Tyler's $216,000.
Cost Overview
Scale: 100 = US national average. Green < 90, Red > 110.
About the Cost of Living in Lake Cherokee
The median home value in Lake Cherokee is $394,900 — 29% above the national median of $305,000. Median rent runs $919/month, 30% lower than the national median of $1,314/month. The median household income of $91,571/year is 23% higher than the US median of $74,580. The local unemployment rate is 3.2%, below the national average of 4.8%. Texas charges no state income tax, a meaningful advantage for take-home pay. The climate averages highs of 76.0°F and lows of 54.5°F. Overall, Lake Cherokee has a cost of living index of 106 versus the US average of 100, meaning it is 6% more expensive.
Lake Cherokee has limited residential data
Detailed housing and income data is limited for this location. Here are the nearest cities with full cost of living data:
🏠 Housing
HUD Fair Market Rents by Bedroom
💰 Estimated Monthly Budget
Estimates based on median data and national averages. Actual costs vary.
🛒 Food & Groceries
National BLS average prices (2023). Local prices may vary.
🚗 Transportation
Commute Mode
⚡ Utilities
📋 Taxes
💼 Income & Employment
🎓 Education
👥 Demographics
🌤 Climate
NOAA 1991–2020 Climate Normals
| Month | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| High °F | 57 | 61 | 69 | 76 | 83 | 89 | 93 | 94 | 88 | 78 | 67 | 59 |
| Low °F | 36 | 40 | 47 | 54 | 62 | 69 | 72 | 72 | 66 | 55 | 45 | 38 |
| Precip" | 4.34 | 4.23 | 4.73 | 4.62 | 4.35 | 4.92 | 2.91 | 3.10 | 3.49 | 4.45 | 4.18 | 4.95 |
| Snow" | 0.2 | 0.2 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 |
Frequently Asked Questions
What is the cost of living in Lake Cherokee, TX?
Lake Cherokee has a cost index of 106 (100 = national average). It is 6% above the national average.
What is average rent in Lake Cherokee, TX?
The median gross rent in Lake Cherokee is $919 per month based on 2023 Census data.
What is the average home price in Lake Cherokee?
The median home value in Lake Cherokee is $394,900 according to 2023 Census ACS data.
What is the median income in Lake Cherokee?
The median household income in Lake Cherokee is $91,571 per year (2023 ACS 5-year estimates).
What is the sales tax in Lake Cherokee, TX?
The combined state and local sales tax rate in Lake Cherokee is 8.2%. Texas has no state income tax.
Is Lake Cherokee, TX affordable?
Lake Cherokee is near the national average in terms of cost of living, with an index of 106 (100 = US average).
What is the weather like in Lake Cherokee?
Lake Cherokee has average high temperatures of 76.0°F and average lows of 54.5°F. Annual precipitation is 50.3". Average annual snowfall is 0.4". Data from NOAA 1991–2020 Climate Normals.
Lake Cherokee at a Glance
- Population
- 3,358
- Median Income
- $91,571
- Home Value
- $394,900
- Median Rent
- $919/mo
- Unemployment
- 3.2%
- Avg High Temp
- 76.0°F
- Sales Tax
- 8.2%
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