Chester County
Pennsylvania · Pop. 534,413
Ranked #96 of 200 counties
42Moderate
Median Home Price
🏠$450K
2.8% YoY
Median Rent
🔑$1,700
Median Income
💰$100K
Rent Burden
📊24.5%
% of income to rent
Housing Shortage
🏗️5,000
estimated unit deficit
Building Permits (2024)
📋2,800
Price-to-Income Ratio
⚖️4.5x
Homeownership Rate
🏡76.0%
How Chester County Compares
| Metric | Chester County | Pennsylvania | National |
|---|---|---|---|
| Home Price | $450K | $260K | $410K |
| Rent | $1,700 | $1,197 | $1,500 |
| Income | $100K | $74K | $75K |
| Rent Burden | 24.5% | 31.5% | 30.0% |
| Homeownership | 76.0% | 69.0% | 65.0% |
Key Takeaways
- • Home prices are 10% above the national average.
- • Rent is 13% above the national average.
- • The county has an estimated housing shortage of 5,000 units.
- • 2,800 building permits were issued in 2024.
- • Year-over-year home prices changed by 2.8%.