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Chester, New Jersey Demographics & Population 2026

During the 2020–2024 ACS period, Chester, New Jersey had a total population of 1,512, the 509th largest borough in New Jersey, with a median household income of $171,500, which is 66% higher than the state average. The poverty rate is 6.4%.

Data vintage: U.S. Census Bureau ACS 2020–2024 5-Year Estimates · refreshed July 2026 · Methodology & source notes

Key Takeaways

Chester Quick Facts

Population 1,512
Median Household Income $171,500
Median Home Value $659,800
Poverty Rate 6.4%
Unemployment Rate 2.8%
Median Age 42.9 years
Homeownership Rate 79.1%
Affordability Ratio 3.8x
Bachelor's Degree or Higher 65.3%
High School Graduation Rate 96.6%
Diversity Index 34/100
Population 1,512 509th of 700
Median Income $171,500 top 20%
Poverty Rate 6.4% 48% lower than national
Median Home Value $659,800 top 20%

How Chester Changed

Change from the 2019–2023 ACS period to 2020–2024. These are rolling five-year estimates, not year-over-year measurements.

Metric2019–20232020–2024Change
Population1,3591,512+11.3%
Median household income$152,578$171,500+12.4%
Median home value$640,400$659,800+3.0%

How Chester Compares

Economy & Housing

Household Income Distribution

Under $25K 11.5%
$25K-$50K 13.7%
$50K-$100K 9.4%
$100K+ 65.4%
Detailed income brackets
Under $10K
2.9%
$10K-$15K
2.7%
$15K-$20K
0.7%
$20K-$25K
5.1%
$25K-$30K
0.0%
$30K-$35K
5.7%
$35K-$40K
2.2%
$40K-$45K
3.6%
$45K-$50K
2.2%
$50K-$60K
1.5%
$60K-$75K
3.9%
$75K-$100K
3.9%
$100K-$125K
5.1%
$125K-$150K
4.1%
$150K-$200K
10.6%
$200K+
45.6%

Employment

2.8% Unemployment Rate State: 6.3%|National: 5.2%
69.2% Labor Force Participation

Housing Overview

Owner 79.1%
Renter 20.9%
Affordability Index Affordable
3.8x home value to income ratio
Median gross rent $1,344/mo 9.4% of median household income annually

People & Demographics

Diversity Index

34out of 100
Low Diversity

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

State average: 66 | National average: 61

Education

Chester Rankings in New Jersey

#509 Population of 700
#91 Median Income of 662
#126 Education of 699
#138 Home Value of 678

Other Cities in Morris County

CityPopulationMedian IncomePovertyHome Value
Parsippany 21,345 $99,405 6.7% $555,400
Morristown 20,453 $121,340 7.8% $567,600
Dover 18,563 $73,737 14.2% $366,700
Madison 16,447 $171,471 3.2% $943,200
Florham Park 13,564 $158,696 8.7% $791,400
Lake Hiawatha 11,018 $104,663 3.4% $428,600
Pompton Plains 10,971 $117,959 5.6% $539,000
Lincoln Park 10,957 $123,397 2.9% $443,300
Budd Lake 10,650 $114,154 4.6% $456,100
Lake Hopatcong 10,259 $117,625 4.0% $424,200

Cities Similar to Chester

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

CityPopulationMedian IncomeHome ValueBachelor's+Poverty
Annandale1,568$168,043$504,90065.7%2.6%
Port Norris1,612N/A$118,7002.3%17.5%
Kean University1,362N/AN/A33.3%N/A
Avalon1,488$139,167$1,959,00070.6%4.8%
Beesleys Point1,335N/A$339,80057.7%2.0%

Population Overview

Chester is a small community located in New Jersey, within Morris County. The total population is 1,512. It ranks as the 509th most populous out of 700 Census-designated places in New Jersey.

Age Demographics

The median age in Chester is 42.9 years. This is 7% higher than the state median of 40.1 years.

Economy, Income & Housing

The median household income in Chester is $171,500. This is 66% higher than the state median of $103,556. It is also 112% higher than the national median of $80,734. The poverty rate stands at 6.4%. This is 34% lower than the state poverty rate of 9.7%. The unemployment rate is 2.8%. This is 56% lower than the state rate of 6.3%. The median home value is $659,800. Housing costs are 45% higher than the state median of $454,400. The home-value-to-income ratio is 3.8x. 79.1% of occupied housing units are owner-occupied. This homeownership rate is 24% higher than the state average of 63.8%.

Race & Ethnicity

The largest racial or ethnic group in Chester is White (non-Hispanic), making up 80.4% of the population. Hispanic or Latino residents account for 7.0%. The White (non-Hispanic) population is significantly higher than the state average (80.4% vs 50.9%). The Black or African American population (3.6%) is well below the state average of 12.2%. The Hispanic or Latino population (7.0%) is well below the state average of 22.5%. The Asian population (4.4%) is well below the state average of 10.1%.

Education

65.3% of residents aged 25 and older hold a bachelor's degree or higher. This is 50% higher than the state rate of 43.6%. Nationally, 35.7% of adults hold at least a bachelor's degree. The high school graduation rate (or equivalent) is 96.6%. Notably, 27.1% of adults hold a graduate or professional degree, indicating a highly educated workforce.

Data Sources & Methodology

All demographic data for Chester, New Jersey 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 New Jersey state averages and national averages calculated from the same dataset. Rankings reflect the city's position among all 700 Census-designated places in New Jersey. 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 Chester, New Jersey?

Chester, New Jersey has a population of 1,512 according to the most recent U.S. Census ACS 5-Year Estimates.

What is the median household income in Chester, NJ?

The median household income in Chester is $171,500, which is 112% higher than the national median of $80,734.

What is the poverty rate in Chester, NJ?

The poverty rate in Chester is 6.4%. This means approximately 97 residents live below the federal poverty line.

What is the racial makeup of Chester, New Jersey?

Chester's population is 80.4% White, 3.6% Black, 7.0% Hispanic/Latino, and 4.4% Asian.

What is the median home value in Chester, NJ?

The median home value in Chester is $659,800. The home-value-to-income ratio is 3.8x.

How educated is Chester, New Jersey?

65.3% of adults (25+) in Chester hold a bachelor's degree or higher, and 27.1% hold a graduate or professional degree.