Chesterfield County
Virginia · Pop. 370,092
Ranked #59 of 200 counties
50Moderate
Median Home Price
🏠$340K
3.2% YoY
Median Rent
🔑$1,500
Median Income
💰$80K
Rent Burden
📊26.0%
% of income to rent
Housing Shortage
🏗️6,000
estimated unit deficit
Building Permits (2024)
📋3,500
Price-to-Income Ratio
⚖️4.3x
Homeownership Rate
🏡76.0%
How Chesterfield County Compares
| Metric | Chesterfield County | Virginia | National |
|---|---|---|---|
| Home Price | $340K | $383K | $410K |
| Rent | $1,500 | $1,567 | $1,500 |
| Income | $80K | $90K | $75K |
| Rent Burden | 26.0% | 31.0% | 30.0% |
| Homeownership | 76.0% | 68.0% | 65.0% |
Key Takeaways
- • Home prices are 17% below the national average.
- • Rent is about average the national average.
- • The county has an estimated housing shortage of 6,000 units.
- • 3,500 building permits were issued in 2024.
- • Year-over-year home prices changed by 3.2%.