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Chesterfield County Housing Market

Virginia · 133 counties · Ranked #2773 in home value

Above National Avg

Housing at a Glance

Median Home Value

$336,700

vs national+$336,700 vs $281,900 national

Median Gross Rent

$1,542/mo

vs national+$1,542 vs $1,163 national

Effective Tax Rate

0.78%

vs national0.78% vs 1.02% national

Median Household Income

$98,910

vs national+$98,910 vs $74,755 national

Affordability Ratio

3.4x

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

Rent Burden

30.0%

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

More Housing Data

Property Tax (Median)

$2,636

Tax as % of Home Value

0.78%

Monthly Owner Cost

$1,570

Renter Income

$60,729

Frequently Asked Questions

What is the median home value in Chesterfield County?
The median home value in Chesterfield County is $336,700. This is above the national median of $281,900.
How much is rent in Chesterfield County?
The median gross rent in Chesterfield County is $1,542 per month.
What is the property tax rate in Chesterfield County?
The effective property tax rate in Chesterfield County is 0.78%. The median annual property tax bill is $2,636.
Is Chesterfield County affordable?
With a home-value-to-income ratio of 3.4x, Chesterfield 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.