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Chester borough, New Jersey Demographics & Population 2026

As of 2026, Chester borough, New Jersey has a total population of 1,359, the 522nd largest city in New Jersey, with a median household income of $152,578, which is 51% higher than the state average. The poverty rate is 7.5%.

Key Takeaways

Chester borough Quick Facts

Population 1,359
Median Household Income $152,578
Median Home Value $640,400
Poverty Rate 7.5%
Unemployment Rate 3.8%
Median Age 43.6 years
Homeownership Rate 76.3%
Affordability Ratio 4.2x
Bachelor's Degree or Higher 61.1%
High School Graduation Rate 95.4%
Diversity Index 32/100
Population 1,359 522nd of 700
Median Income $152,578 top 20%
Poverty Rate 7.5% 40% lower national
Median Home Value $640,400 top 20%

How Chester borough Compares

Economy & Housing

Employment

3.8% Unemployment Rate State: 6.2% | National: 5.2%
67.3% Labor Force Participation

Housing Overview

Owner 76.3%
Renter 23.7%
Affordability Index Moderate
4.2x home value to income ratio

People & Demographics

Diversity Index

32out of 100
Low Diversity

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

State average: 65 | National average: 60

Education

Chester borough Rankings in New Jersey

#522 Population of 700
#125 Median Income of 700
#157 Education of 700
#127 Home Value of 700

Other Cities in Morris County

CityPopulationMedian IncomePovertyHome Value
Morristown town 20,256 $115,409 9.2% $552,800
Dover town 18,420 $70,519 11.6% $347,100
Madison borough 16,464 $168,469 2.8% $882,900
Florham Park borough 13,134 $147,714 7.8% $722,700
Lincoln Park borough 10,901 $119,000 3.4% $419,500
Kinnelon borough 9,971 $178,102 2.0% $682,600
Chatham borough 9,219 $250,001 2.5% $944,300
Boonton town 8,803 $100,417 7.5% $475,300
Butler borough 8,072 $110,375 9.3% $425,900
Wharton borough 7,254 $92,548 18.8% $348,100

Cities Similar to Chester borough

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

CityPopulationMedian IncomeHome ValueBachelor's+Poverty
Kean University CDP1,359N/AN/A87.5%N/A
Beesleys Point CDP1,476N/A$299,80058.3%1.4%
Springfield CDP1,338$177,045$580,90066.3%0.6%
William Paterson University of New Jersey CDP1,240N/AN/A73.9%N/A
Avalon borough1,478$143,482$1,756,10069.7%3.7%

Population Overview

Chester borough is a small community located in New Jersey, within Morris County. The total population is 1,359. It ranks as the 522nd most populous out of 700 cities and towns in New Jersey.

Age Demographics

The median age in Chester borough is 43.6 years. This is 9% higher than the state median of 40.1 years. 10.3% of residents are 75 or older, suggesting a significant retirement-age population with implications for healthcare services and senior housing.

Economy, Income & Housing

The median household income in Chester borough is $152,578. This is 51% higher than the state median of $101,050. Compared to the national median of $78,538, household income here is 94% higher. The poverty rate stands at 7.5%. This is 23% lower than the state poverty rate of 9.8%. The unemployment rate is 3.8%. This is 38% lower than the state rate of 6.2%. The median home value is $640,400. Housing costs are 50% higher than the state median of $427,600. The home-value-to-income ratio is 4.2x. 76.3% of occupied housing units are owner-occupied. This homeownership rate is 20% higher than the state average of 63.7%.

Race & Ethnicity

The largest racial or ethnic group in Chester borough is White (non-Hispanic), making up 81.2% of the population. Hispanic or Latino residents account for 9.4%. The White (non-Hispanic) population is significantly higher than the state average (81.2% vs 51.9%). The Black or African American population (1.3%) is well below the state average of 12.3%. The Hispanic or Latino population (9.4%) is well below the state average of 21.9%. The Asian population (2.7%) is well below the state average of 9.8%.

Education

61.1% of residents aged 25 and older hold a bachelor's degree or higher. This is 42% higher than the state rate of 42.9%. Nationally, 35.0% of adults hold at least a bachelor's degree. The high school graduation rate (or equivalent) is 95.4%. Notably, 23.2% of adults hold a graduate or professional degree, indicating a highly educated workforce.

Data Sources & Methodology

All demographic data for Chester borough, New Jersey 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 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. For official data, visit data.census.gov.

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Frequently Asked Questions

What is the population of Chester borough, New Jersey?

Chester borough, New Jersey has a population of 1,359 according to the most recent U.S. Census ACS 5-Year Estimates.

What is the median household income in Chester borough, NJ?

The median household income in Chester borough is $152,578, which is 94% higher the national median of $78,538.

What is the poverty rate in Chester borough, NJ?

The poverty rate in Chester borough is 7.5%. This means approximately 102 residents live below the federal poverty line.

What is the racial makeup of Chester borough, New Jersey?

Chester borough's population is 81.2% White, 1.3% Black, 9.4% Hispanic/Latino, and 2.7% Asian.

What is the median home value in Chester borough, NJ?

The median home value in Chester borough is $640,400. The home-value-to-income ratio is 4.2x.

How educated is Chester borough, New Jersey?

61.1% of adults (25+) in Chester borough hold a bachelor's degree or higher, and 23.2% hold a graduate or professional degree.