Chesterfield is a larger medium-sized town located in the state of Virginia. With a population of 54,483 people and ten associated neighborhoods, Chesterfield is the 18th largest community in Virginia. Chesterfield has seen a significant amount of newer housing growth in recent years. Quite often, new home construction is the result of new residents moving in who are middle class or wealthier, attracted by jobs, a healthy local economy, or other amenities as they leave nearby or far away areas for greener pastures. This seems to be the case in Chesterfield, where the median household income is $121,609.00.
Chesterfield home prices are not only among the most expensive in Virginia, but Chesterfield real estate also consistently ranks among the most expensive in America.
Also of interest is that Chesterfield has more people living here who work in computers and math than 95% of the places in the US.
One interesting thing about the economy is that relatively large numbers of people worked from their home: 21.22% of the workforce. While this number may seem small overall, as a fraction of the total workforce this is high compared to the rest of the county. These workers are often telecommuters who work in knowledge-based, white-collar professions. For example, Silicon Valley has large numbers of people who telecommute. Other at-home workers may be self-employed people who operate small businesses out of their homes.
Chesterfield is a good choice for families with children because of several factors. Many other families with children live here, making it a place where both parents and children are more likely to develop social ties with other families. The town’s good public school district and large population of college-educated adults provide an environment conducive to academic success. Many people own their own single-family homes, providing areas for children to play and stability in the community. Finally, Chesterfield’s overall crime rate is lower than average for the country.
One downside of living in Chesterfield is that it can take a long time to commute to work. In Chesterfield, the average commute to work is 30.48 minutes, which is quite a bit higher than the national average.
Chesterfield is one of the most well-educated cities in the nation. 44.88% of adults in Chesterfield have at least a bachelor's degree. Compare that to the average community in America, which has just 21.84% with a bachelor's degree or higher.
The per capita income in Chesterfield in 2022 was $50,532, which is wealthy relative to Virginia and the nation. This equates to an annual income of $202,128 for a family of four.
Chesterfield is an extremely ethnically-diverse town. The people who call Chesterfield home describe themselves as belonging to a variety of racial and ethnic groups. The greatest number of Chesterfield residents report their race to be White, followed by Black or African-American. Important ancestries of people in Chesterfield include English, German, Irish, Italian, and Scottish.
The most common language spoken in Chesterfield is English. Other important languages spoken here include Spanish and Italian.