Chesterfield County, Virginia

+32% vs. Virginia average
$98,910
Median Household Income
$46,772
Per Capita Income

At a Glance

Median Household Income
$98,910
+32% vs. state avg
Per Capita Income
$46,772
+19% vs. national
Income-to-Housing Ratio
29.4%
income as % of home value
Rank in Virginia
#23 / 133
by median household income

Economic Indicators

Unemployment Rate
N/A
Labor Force Participation
N/A

How Chesterfield County Compares

Chesterfield County$98,910
Virginia Average$74,957
National Median$74,755

Detailed Income Statistics

$98,910
Median Household Income
$46,772
Per Capita Income
$336,700
Median Home Value
29.4%
Income-to-Housing Ratio

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?
The median household income in Chesterfield County, Virginia is $98,910, according to U.S. Census Bureau American Community Survey 2019-2023 5-Year Estimates. This represents the midpoint of all household incomes in the county.
How much do people earn in Chesterfield County?
The per capita income in Chesterfield County is $46,772, which represents the average income per person across the entire county population. The median household income — which accounts for all earners in a household — is $98,910.
How does Chesterfield County compare to the Virginia average?
Chesterfield County's median household income of $98,910 is higher than the Virginia state average of $74,957. The per capita income is $46,772, compared to the state average of $39,155.
What is the per capita income in Chesterfield County, Virginia?
The per capita income in Chesterfield County, Virginia is $46,772, according to U.S. Census Bureau American Community Survey 2019-2023 5-Year Estimates. Per capita income is calculated by dividing total personal income by total population, providing an average income figure per resident.
Why is Chesterfield County income higher than the Virginia average?
Chesterfield County's median household income of $98,910 is higher than the Virginia average of $74,957. This difference of $23,953 can be attributed to factors such as local industry mix, proximity to major employment centers, educational attainment levels, and cost of living. Counties with higher incomes often have a greater concentration of professional and technical occupations.
How does Chesterfield County rank for income in Virginia?
Chesterfield County ranks #23 out of 133 counties in Virginia by median household income (1 = highest). With a median household income of $98,910 and per capita income of $46,772, it falls in the top third of counties statewide.

Income Comparison Calculator

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County median: $98,910 per year

vs. County Median

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vs. State Average

+32%

vs. National Median

+32%

vs. Chesterfield County MedianAbout equal
vs. Virginia Average32% above
vs. National Median32% above

Income Adequacy

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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.

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By Logan Johnson, Founder & Data EditorUpdated Reviewed by Logan Johnson, Founder & Data Editor

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