The Cherokee Village population is 4,654 people. The population has declined by 5.3% over the past 10 years. The median household income is $27,997. Males make $22,639, while females earn $18,571. The per capita income is $17,105. Approximately 9.9% of Cherokee Village households live below the poverty line.
Founded in 1954, Cherokee Village is one of the first planned recreational communities in Arkansas. Located along the South Fork River, Cherokee Village is home to more than 15,000 property owners and about 4,700 full-time residents. The city is also home to a number of businesses.