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Chester County Housing Market

Pennsylvania · 67 counties · Ranked #2998 in home value

Above National Avg

Housing at a Glance

Median Home Value

$461,800

vs national+$461,800 vs $281,900 national

Median Gross Rent

$1,691/mo

vs national+$1,691 vs $1,163 national

Effective Tax Rate

1.34%

vs national+1.34% vs 1.02% national

Median Household Income

$123,041

vs national+$123,041 vs $74,755 national

Affordability Ratio

3.8x

Home value ÷ income. <3 = affordable, >5 = expensive.

Rent Burden

28.0%

% of income spent on rent. >30% = burdened.

More Housing Data

Property Tax (Median)

$6,191

Tax as % of Home Value

1.34%

Monthly Owner Cost

$2,051

Renter Income

$68,485

Frequently Asked Questions

What is the median home value in Chester County?
The median home value in Chester County is $461,800. This is above the national median of $281,900.
How much is rent in Chester County?
The median gross rent in Chester County is $1,691 per month.
What is the property tax rate in Chester County?
The effective property tax rate in Chester County is 1.34%. The median annual property tax bill is $6,191.
Is Chester County affordable?
With a home-value-to-income ratio of 3.8x, Chester County is moderately affordable compared to the recommended 3-4x guideline.

Data: U.S. Census Bureau, American Community Survey (ACS) 5-Year Estimates (2019-2023) — Informational only. Not financial or legal advice.