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Chesterfield, IN

Full City Profile · Indiana · Madison County County

3.0 /5.0
B Good
2,733 Population 1,995/sq mi density
$58,125 Median Income $27,706 per capita
$102,300 Home Value $150,018 Zillow
$957 Median Rent 26.0% income on rent
53°F Avg Temperature 275 sunny days/yr
342 Violent Crime/100K 4,483 property/100K
B
Overall
3.0 / 5.0
Good overall score based on economy, affordability, safety and education
B+
Economy
3.5 / 5.0
$58,125 median income, 4.6% unemployment
A+
Affordability
5.0 / 5.0
$102,300 home value, $957/mo rent
F
Safety
1.0 / 5.0
342 violent crimes/100K
C
Education
2.4 / 5.0
17.0% bachelor's degree or higher

Housing Overview

Median Home Value
$102,300
64% below
US avg: $281,900
Median Rent
$957/mo
18% below
US avg: $1,163/mo
Homeownership Rate
70.6%
8% above US avg (65.4%)
Total Housing Units
1,171
Median year built: 1958

Home Value by Source

Census Median
$102,300
Zillow (ZHVI)
$150,018
Census ACS, Zillow ZHVI, Redfin median sale price

Ownership vs. Renting

70.6%
Owner-Occupied
29.4%
Renter-Occupied
71%
29%
US avg: 65.4% owner-occupied

Fair Market Rents (HUD FY2026)

Studio
$816/mo
1 Bedroom
$882/mo
2 Bedroom
$1,096/mo
3 Bedroom
$1,391/mo
4 Bedroom
$1,590/mo
Census median rent: $957/mo

Affordability & Housing Stock

Rent Burden
26.0%
of renters spending 30%+ of income on housing
16% below US avg (31.0%)
Median Year Built
1958
Average age of housing stock: 68 years
Homeownership Rate
70.6%

Complete Housing Data

Home Values

Census Median Value$102,300
Zillow Home Value (ZHVI)$150,018

Rent

Census Median Rent$957
FMR Studio$816
FMR 1-Bedroom$882
FMR 2-Bedroom$1,096
FMR 3-Bedroom$1,391
FMR 4-Bedroom$1,590

Market

Ownership & Stock

Owner-Occupied70.6%
Renter-Occupied29.4%
Homeownership Rate70.6%
Total Housing Units1,171
Median Year Built1958
Rent Burden26.0%