Chesterfield County VA Data & Peer Group Rankings

HOUSING AFFORDABILITY INDEX
Chesterfield County VA Housing Affordability Index is 165 State of Virginia Housing Affordability Index is 126
The Housing Affordability Index base is 100 and represents a balance point where a resident with a median household income can normally qualify to purchase a median price home. Values above 100 indicate increased affordability, while values below 100 indicate decreased affordability.

WEALTH INDEX
Chesterfield County VA Wealth Index is 134 State of Virginia Wealth Index is 124
The Wealth Index is based on a number of indicators of affluence including average household income and average net worth, but it also includes the value of material possessions and resources. It represents the wealth of the area relative to the national level. Values above or below 100 represent above-average wealth or below-average wealth compared to the national level.

These new demographic attributes are availiable for Neighborhoods, Cities, Counties / Independent Cities, and ZIP Codes.

POPULATION
Total Population	352,877
Population in Households	348,582
Population in Families	298,662
Population in Group Qrtrs	4,295
Population Density	834
Diversity Index¹	61

INCOME
Median Household Income	$83,056
Average Household Income	$105,049
Per Capita Income	$38,307
Wealth Index³	134

HOUSING
Total Housing Units	135,532 (100%)
Owner Occupied HU	98,773 (72.9%)
Renter Occupied HU	29,538 (21.8%)
Vacant Housing Units	7,221 ( 5.3%)
Median Home Value	$245,092
Housing Affordability Index²	165

HOUSEHOLDS
Total Households	128,311
Average Household Size	2.72
Family Households	94,957
Average Family Size	3

NOTES

The Diversity Index is a scale of 0 to 100 that represents the likelihood that two persons, chosen at random from the same area, belong to different race or ethnic groups. If an area's entire population belongs to one race AND one ethnic group, then the area has zero diversity. An area's diversity index increases to 100 when the population is evenly divided into two or more race/ethnic groups.
The Housing Affordability Index base is 100 and represents a balance point where a resident with a median household income can normally qualify to purchase a median price home. Values above 100 indicate increased affordability, while values below 100 indicate decreased affordability.
The Wealth Index is based on a number of indicators of affluence including average household income and average net worth, but it also includes the value of material possessions and resources. It represents the wealth of the area relative to the national level. Values above or below 100 represent above-average wealth or below-average wealth compared to the national level.

Chesterfield County VA - Peer Comparisons by Rank and Percentile

The table below compares Chesterfield County to the other 133 counties / independent cities and county equivalents in Virginia by rank and percentile using July 1, 2019 data. The location Ranked # 1 has the highest value. A location that ranks higher than 75% of its peers would be in the 75th percentile of the peer group.

GROWTH RATE / YEAR	2010-2019	2019-2024
Population	1.19%	1.18%
Households	1.13%	1.13%
Families	1.05%	1.07%
Median Household Income		1.84%
Per Capita Income		2.16%

Variable Description	Rank	Percentile
Total Population	# 5	97th
Population Density	# 39	71st
Diversity Index	# 23	83rd
Median Household Income	# 21	85th
Per Capita Income	# 21	85th

Chesterfield County VA Information

Chesterfield County VA Data & Demographics (As of July 1, 2019)

HOUSING AFFORDABILITY INDEX

WEALTH INDEX

POPULATION

INCOME

HOUSING

HOUSEHOLDS

GROWTH RATE / YEAR

Chesterfield County VA - Peer Comparisons by Rank and Percentile

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