Chesterfield, Indiana Demographics & Population 2026
During the 2020–2024 ACS period, Chesterfield, Indiana had a total population of 2,489, the 199th largest town in Indiana, with a median household income of $58,824, which is 18% lower than the state average. The poverty rate is 11.9%.
Data vintage: U.S. Census Bureau ACS 2020–2024 5-Year Estimates · refreshed July 2026 · Methodology & source notes
Key Takeaways
- Housing is very affordable with a home-value-to-income ratio of just 1.9x.
- Unemployment rate of 11.8% is notably above the national average.
Chesterfield Quick Facts
How Chesterfield Changed
Change from the 2019–2023 ACS period to 2020–2024. These are rolling five-year estimates, not year-over-year measurements.
| Metric | 2019–2023 | 2020–2024 | Change |
|---|---|---|---|
| Population | 2,733 | 2,489 | -8.9% |
| Median household income | $58,125 | $58,824 | +1.2% |
| Median home value | $102,300 | $113,100 | +10.6% |
How Chesterfield Compares
Median Household Income
Median Home Value
Economy & Housing
Household Income Distribution
Detailed income brackets
Employment
Housing Overview
People & Demographics
Age Distribution
Race & Ethnicity
Diversity Index
A less diverse community where one racial or ethnic group represents a large majority.
State average: 41 | National average: 61
Education
Educational Attainment (Adults 25+)
Chesterfield Rankings in Indiana
Explore Indiana Rankings
Other Cities in Madison County
| City | Population | Median Income | Poverty | Home Value |
|---|---|---|---|---|
| Anderson | 55,367 | $46,909 | 21.0% | $119,000 |
| Elwood | 8,356 | $53,280 | 19.5% | $97,800 |
| Pendleton | 5,321 | $86,806 | 9.2% | $248,200 |
| Alexandria | 5,155 | $64,317 | 7.8% | $97,800 |
| Lapel | 2,668 | $79,778 | 6.4% | $220,400 |
| Ingalls | 2,512 | $74,236 | 9.6% | $189,900 |
| Edgewood | 2,121 | $87,770 | 2.9% | $200,100 |
| Frankton | 1,658 | $68,611 | 9.2% | $140,400 |
| Summitville | 1,104 | $52,946 | 21.4% | $101,600 |
| Markleville | 739 | $89,167 | 8.0% | $184,200 |
Cities Similar to Chesterfield
These cities in the same state have comparable population and economic profiles.
| City | Population | Median Income | Home Value | Bachelor's+ | Poverty |
|---|---|---|---|---|---|
| Rising Sun | 2,474 | $58,843 | $155,700 | 17.3% | 11.6% |
| Brooklyn | 2,570 | $58,176 | $119,000 | 11.9% | 18.1% |
| Rockville | 2,559 | $57,083 | $99,600 | 13.9% | 20.4% |
| Petersburg | 2,414 | $54,188 | $122,000 | 9.1% | 11.5% |
| Brookville | 2,643 | $55,938 | $180,700 | 18.7% | 8.7% |
Population Overview
Chesterfield is a small community located in Indiana, within Madison County. The total population is 2,489. It ranks as the 199th most populous out of 967 Census-designated places in Indiana.
Age Demographics
The median age in Chesterfield is 39.5 years. This is 4% higher than the state median of 38.1 years.
Economy, Income & Housing
The median household income in Chesterfield is $58,824. This is 18% lower than the state median of $71,957. It is also 27% lower than the national median of $80,734. The poverty rate stands at 11.9%. This is 3% lower than the state poverty rate of 12.3%. The unemployment rate is 11.8%. This is 177% higher than the state rate of 4.3%. The median home value is $113,100. Housing costs are 48% lower than the state median of $218,200. With a home-value-to-income ratio of just 1.9x, Chesterfield is one of the most affordable housing markets in the area. 72.3% of occupied housing units are owner-occupied. This homeownership rate is 2% higher than the state average of 70.5%.
Race & Ethnicity
The largest racial or ethnic group in Chesterfield is White (non-Hispanic), making up 84.8% of the population. Hispanic or Latino residents account for 4.9%. The Black or African American population (0.9%) is well below the state average of 9.1%.
Education
13.2% of residents aged 25 and older hold a bachelor's degree or higher. This is 55% lower than the state rate of 29.5%. Nationally, 35.7% 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, Indiana is sourced from the U.S. Census Bureau's American Community Survey (ACS) 2020–2024 5-Year Estimates. The ACS collects data from approximately 3.5 million households annually and pools five years of responses so that even small communities can be measured, though the margin of error widens as the population falls. 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. Read more about how these figures are produced on our methodology page, or visit data.census.gov for official data.
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Frequently Asked Questions
What is the population of Chesterfield, Indiana?
Chesterfield, Indiana has a population of 2,489 according to the most recent U.S. Census ACS 5-Year Estimates.
What is the median household income in Chesterfield, IN?
The median household income in Chesterfield is $58,824, which is 27% lower than the national median of $80,734.
What is the poverty rate in Chesterfield, IN?
The poverty rate in Chesterfield is 11.9%. This means approximately 292 residents live below the federal poverty line.
What is the racial makeup of Chesterfield, Indiana?
Chesterfield's population is 84.8% White, 0.9% Black, 4.9% Hispanic/Latino, and 2.0% Asian.
What is the median home value in Chesterfield, IN?
The median home value in Chesterfield is $113,100. The home-value-to-income ratio is 1.9x.
How educated is Chesterfield, Indiana?
13.2% of adults (25+) in Chesterfield hold a bachelor's degree or higher, and 4.9% hold a graduate or professional degree.