Chesterfield, IN

Full City Profile · Indiana · Madison County County

3.5 /5.0
B+ Good
2,733 Population 1,995/sq mi density
$58,125 Median Income $27,706 per capita
$102,300 Home Value $155,792 Zillow
$957 Median Rent 26.0% income on rent
53°F Avg Temperature
B+
Overall
3.5 / 5.0
Good overall score based on economy, affordability, safety and education
B
Economy
3.0 / 5.0
$58,125 median income, 8.0% unemployment
A+
Affordability
5.0 / 5.0
$102,300 home value, $957/mo rent
C
Education
2.4 / 5.0
17.0% bachelor's degree or higher

Chesterfield, IN

At a Glance

Median Income
$58,125
23% below
$27,706 per capita
Home Value
$102,300
64% below
Zillow: $155,792
Median Rent
$957/mo
18% below
26.0% of income on rent
Bachelor's Degree+
17.0%
50% below
92.4% high school+
Unemployment
8.0%
122% above
10.6% poverty rate
Obesity Rate
36.0%
12% above
19.8% smoking rate
Avg Temperature
53°F

How Chesterfield Compares to the U.S. Average

Each bar shows Chesterfield's value as a percentage of the national average (100% = U.S. avg)

Income
77%
Home Value
36%
Rent
82%
Poverty
85%
Bachelor's
50%
Unemployment
222%
Thin vertical line = U.S. national average (100%)

Is Chesterfield a Good Place to Live?

B+
3.5 / 5.0 - Good
Based on economy, affordability, safety, and education metrics compared to national averages.

Economy & Jobs

Chesterfield residents earn a median household income of $58,125 , which is 23% below the national average of $75,149. Per capita income is $27,706. The unemployment rate stands at 8.0% (122% above the U.S. rate of 3.6%). 10.6% of residents live below the poverty line. The area is home to 2,484 business establishments, including 230 restaurants.

Housing & Cost of Living

The median home value in Chesterfield is $102,300 , 64% below the national median of $281,900. Zillow estimates the typical home at $155,792. Median rent is $957/month, with 26.0% of renters spending more than 30% of income on housing. The cost of living index is 93.3 (100 = national average). The median home was built in 1958.

Education

17.0% of adults in Chesterfield hold a bachelor's degree or higher (50% below the national average). 92.4% have completed high school. Local schools score 5.5/10 in standardized testing.

Climate & Weather

Chesterfield has an average annual temperature of 53°F (11°C). Winters average 28°F in January while summers reach 74°F in July. Annual precipitation totals 43.6 inches. Air quality is rated Good with a median AQI of 42.

Data Overview

People

Population2,733
Median Age40.9 yrs
Density1,995/mi²
Male / Female48% / 52%
Foreign Born2.4%
Veterans10.9%

Economy

B
Median Income$58,125
Per Capita$27,706
Unemployment8.0%
Poverty10.6%
County GDP$5,526M
Avg Weekly Wage$961

Housing

A+
Home Value$102,300
Rent$957
Ownership70.6%
Zillow$155,792
Housing Units1,171
Rent Burden26.0%

Health

Obesity36.0%
Diabetes11.6%
Smoking19.8%
Heart Disease6.2%
Premature Death11,656/100K

Climate

Avg Temp53°F
Rain43.6 in/yr
AQI42 (Good)
Elevation899 ft

Education

C
Bachelor's+17.0%
High School+92.4%
Graduate+4.4%
School Score5.5/10

Community

2024 VoteR 63% / D 36%
Commute25 min
Broadband84.4%
Internet Speed103 Mbps
EV Stations2
Libraries8

Did You Know?

The median home in Chesterfield was built in 1958.
The nearest airport is Delaware County Regional (14 miles).
The Gini coefficient (income inequality) is 0.437 (U.S. avg: 0.490).
Natural hazard risk is rated "Relatively Low" by FEMA.
21.1% of the population has a disability.
Average internet download speed is 103 Mbps.
There are 230 restaurants in the area.
The county recorded 13 fatal vehicle crashes.