Home/Tennessee/Chester County

Chester County Housing Market

Tennessee · 95 counties · Ranked #1242 in home value

Below National AvgAffordable

Housing at a Glance

Median Home Value

$155,200

vs national$155,200 vs $281,900 national

Median Gross Rent

$714/mo

vs national$714 vs $1,163 national

Effective Tax Rate

0.54%

vs national0.54% vs 1.02% national

Median Household Income

$60,543

vs national$60,543 vs $74,755 national

Affordability Ratio

2.6x

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

Rent Burden

24.0%

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

More Housing Data

Property Tax (Median)

$837

Tax as % of Home Value

0.54%

Monthly Owner Cost

$692

Renter Income

$28,295

Frequently Asked Questions

What is the median home value in Chester County?
The median home value in Chester County is $155,200. This is below the national median of $281,900.
How much is rent in Chester County?
The median gross rent in Chester County is $714 per month.
What is the property tax rate in Chester County?
The effective property tax rate in Chester County is 0.54%. The median annual property tax bill is $837.
Is Chester County affordable?
With a home-value-to-income ratio of 2.6x, Chester County is considered 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.