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Chesterfield town, Indiana Demographics & Population 2026

Very AffordableHome value to income ratio of 1.8x is exceptionally low

As of 2026, Chesterfield town, Indiana has a total population of 2,733, the 188th largest city in Indiana, with a median household income of $58,125, which is 17% lower than the state average. The poverty rate is 11.4%.

Key Takeaways

Chesterfield town Quick Facts

Population 2,733
Median Household Income $58,125
Median Home Value $102,300
Poverty Rate 11.4%
Unemployment Rate 8.0%
Median Age 40.9 years
Homeownership Rate 70.6%
Affordability Ratio 1.8x
Bachelor's Degree or Higher 17.0%
High School Graduation Rate 92.4%
Diversity Index 26/100
Population 2,733 188th of 967
Median Income $58,125 below average
Poverty Rate 11.4% 8% lower national
Median Home Value $102,300 bottom 30%

How Chesterfield town Compares

Economy & Housing

Employment

8.0% Unemployment Rate State: 4.3% | National: 5.2%
57.4% Labor Force Participation

Housing Overview

Owner 70.6%
Renter 29.4%
Affordability Index Very Affordable
1.8x home value to income ratio

People & Demographics

Diversity Index

26out of 100
Low Diversity

A less diverse community where one racial or ethnic group represents a large majority.

State average: 40 | National average: 60

Education

Chesterfield town Rankings in Indiana

#188 Population of 967
#495 Median Income of 967
#392 Education of 967
#593 Home Value of 967

Cities Similar to Chesterfield town

These cities in the same state have comparable population and economic profiles.

CityPopulationMedian IncomeHome ValueBachelor's+Poverty
Brookville town2,640$58,750$172,10022.4%8.6%
Lagrange town2,770$51,786$124,00010.1%16.6%
Centerville town2,748$50,724$133,20011.7%16.0%
Rising Sun city2,570$54,821$141,50017.9%13.6%
Albion town2,680$67,687$138,2007.5%10.8%

Population Overview

Chesterfield town is a small community located in Indiana. The total population is 2,733. It ranks as the 188th most populous out of 967 cities and towns in Indiana.

Age Demographics

The median age in Chesterfield town is 40.9 years. This is 8% higher than the state median of 38.0 years.

Economy, Income & Housing

The median household income in Chesterfield town is $58,125. This is 17% lower than the state median of $70,051. Compared to the national median of $78,538, household income here is 26% lower. The poverty rate stands at 11.4%. This is 6% lower than the state poverty rate of 12.2%. The unemployment rate is 8.0%. This is 87% higher than the state rate of 4.3%. The median home value is $102,300. Housing costs are 49% lower than the state median of $201,600. With a home-value-to-income ratio of just 1.8x, Chesterfield town is one of the most affordable housing markets in the area. 70.6% of occupied housing units are owner-occupied.

Race & Ethnicity

Chesterfield town has a predominantly White (non-Hispanic) population, comprising 85.1% of all residents. Hispanic or Latino residents account for 5.2%. The Black or African American population (0.0%) is well below the state average of 9.1%.

Education

17.0% of residents aged 25 and older hold a bachelor's degree or higher. This is 41% lower than the state rate of 28.8%. Nationally, 35.0% of adults hold at least a bachelor's degree. The high school graduation rate (or equivalent) is 92.4%.

Data Sources & Methodology

All demographic data for Chesterfield town, Indiana is sourced from the U.S. Census Bureau's American Community Survey (ACS) 5-Year Estimates (2019-2023). The ACS collects data from approximately 3.5 million households annually, providing reliable estimates for communities of all sizes. Comparisons are made against Indiana state averages and national averages calculated from the same dataset. Rankings reflect the city's position among all 967 Census-designated places in Indiana. For official data, visit data.census.gov.

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Frequently Asked Questions

What is the population of Chesterfield town, Indiana?

Chesterfield town, Indiana has a population of 2,733 according to the most recent U.S. Census ACS 5-Year Estimates.

What is the median household income in Chesterfield town, IN?

The median household income in Chesterfield town is $58,125, which is 26% lower the national median of $78,538.

What is the poverty rate in Chesterfield town, IN?

The poverty rate in Chesterfield town is 11.4%. This means approximately 305 residents live below the federal poverty line.

What is the racial makeup of Chesterfield town, Indiana?

Chesterfield town's population is 85.1% White, 0.0% Black, 5.2% Hispanic/Latino, and 2.2% Asian.

What is the median home value in Chesterfield town, IN?

The median home value in Chesterfield town is $102,300. The home-value-to-income ratio is 1.8x.

How educated is Chesterfield town, Indiana?

17.0% of adults (25+) in Chesterfield town hold a bachelor's degree or higher, and 7.0% hold a graduate or professional degree.