Chesterfield County, Virginia
Income Data
U.S. Census Bureau ACSAt a Glance
Economic Indicators
How Chesterfield County Compares
Detailed Income Statistics
Income Advisory: Chesterfield County
Income Verdict
Chesterfield County has a median household income of $98,910 and per capita income of $46,772 — a gap of $52,138, suggesting a typical mix of dual-income and single-earner households.
Housing Affordability
With median gross rent at $1,542/month and a median household income of $98,910, rent consumes approximately 18.7% of monthly income — well within affordable thresholds.
Economic Context
The median household income of $98,910 places Chesterfield County in a high-earning tier, supporting strong purchasing power and above-average consumer spending. Per capita income of $46,772 reflects a relatively affluent population with substantial individual earning capacity.
Neighbor Context
Chesterfield County earns approximately 32% above the Virginia state median household income of $74,957, positioning it favorably within the state.
Data Story
About Household Income in Chesterfield County, Virginia
Chesterfield tops national income benchmarks
Chesterfield County's median household income of $98,910 exceeds the national median of $74,755 by 32%, making it one of the most affluent counties in the United States. This $24,155 income advantage reflects a prosperous, growing suburban economy.
Virginia's second-wealthiest county
Chesterfield's $98,910 median household income ranks second in Virginia, trailing only Clarke County, and surpasses the state average of $74,957 by $23,953. The county's consistent economic growth sustains this top-tier position.
Wealthiest in Richmond's suburbs
Chesterfield's $98,910 median income edges out Culpeper County ($96,098) and Chesapeake ($94,189), establishing it as the income leader among Richmond-area neighbors. Median home values of $336,700 reflect strong property demand in the region.
Housing remains highly affordable here
At 18.7% of median income, Chesterfield's rent-to-income ratio is among Virginia's lowest, signaling strong affordability for renters and homeowners alike. Median home values of $336,700 remain accessible to the median household.
Leverage Chesterfield's wealth-building climate
Chesterfield's per capita income of $46,772 and favorable housing costs create room for aggressive savings and investment strategies. Households here should prioritize long-term wealth through retirement savings, real estate appreciation, and diversified investment portfolios.
Frequently Asked Questions
What is the median household income in Chesterfield County, Virginia?
How much do people earn in Chesterfield County?
How does Chesterfield County compare to the Virginia average?
What is the per capita income in Chesterfield County, Virginia?
Why is Chesterfield County income higher than the Virginia average?
How does Chesterfield County rank for income in Virginia?
Income Comparison Calculator
See how your household income compares in Chesterfield County
Your income is above the Chesterfield County median
County median: $98,910 per year
vs. County Median
+0%
vs. State Average
+32%
vs. National Median
+32%
Income Adequacy
Your monthly income ($8,243) vs. median rent ($1,542/mo). A ratio of 3.3x or higher means rent is under 30% of income.
Grow Your Wealth
See how your income stacks up in Chesterfield County, Virginia? Start investing smarter with a robo-advisor that builds a diversified portfolio for you.
Start InvestingCounties with Similar Income Levels
Compare Financial Products in Virginia
Compare savings accounts, CDs, and money market rates from top banks to make the most of your earnings.
Compare RatesData: U.S. Census Bureau, American Community Survey (ACS) 5-Year Estimates (2019-2023) — Informational only. Not financial or legal advice.