Chester, MA
Maps & Population Facts
Population
1,529
Population Density
42
Labor Participaton
70.7%
Bachelor's or Higher
22.0%
Median Household Income
$76,250
Median Individual Income
$37,358
Median Individual Income(Full-time Workers Only)
$50,304
Housing Estimates
Median House Value
$204,800
Median Gross Rent
$900
Median Mortgage Payment
$1,425
Housing Units
718
People who reside in Chester live in:
Detached - Single Family Homes
86%
Apt, Condo, Other
14%
Analysis
Income
Households in Chester earn significantly more money than the national median income, averaging 26% higher per household.
Housing
Chester has a median house price of $204,800. The cost of homeownership is comparable with other areas. The cost of renting in Chester is 11% less than the national average.
Percent | |
---|---|
Renter Occupied Households | 38% |
New Construction (Built after 2000) | 13% |
Demographics
The median age in Chester is 40. The age of the general population in Chester is comparable with with the national average.
Chester ranks in the lowest of the nation for having an educated population and has significantly less college graduates per resident than most areas.
Housing Data
Housing Comparison
Chester | Massachusetts | USA | |
Median Property Value | 204,800 | 385,400 | 217,600 |
Median Mortgage Payment | 1,425 | 2,108 | 1,513 |
Median Gross Rent | 900 | 1,208 | 1,012 |
Property Vacancy | 18.5% | 10.0% | 12.6% |
% Renters | 17% | 38% | 36% |
Residents per Sq. Mi. | 42 | 885 | 93 |
Personal Comparison
Chester | Massachusetts | USA | |
Median Household Income | 76,250 | 77,385 | 60,336 |
Median Individual Income | 37,358 | 41,700 | 33,646 |
Median Income (Full-Time) | 50,304 | 60,923 | 46,881 |
Median Age | 39.9 | 39.5 | 38.1 |
Labor Participation | 70.7% | 67.8% | 62.8% |
Attained College Degree | 22.0% | 43.4% | 32.0% |
Population Density Analysis
Chester, MA
42
Residents per Sq. Mile
The population density of Chester is comparable to that of a Remote Area.
Major City
10,000 Residents +
Mid-Sized City
5,000 Residents +
Small City
2,500 Residents +
Suburban
500 Residents +
Rural
100 Residents +
Remote
1 Residents +