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Chester County, PA

RANK #396 / 996  ·  POP 536,474  ·  PA

PROJECTED GROWTH: +1.2%

Chester County sits in the middle of the pack — stable but not accelerating.

[01] Why Chester County?

Kennett Square, known as the "Mushroom Capital of the World," stands out as a distinctive town in Chester County, Pennsylvania, producing a significant portion of the nation's mushroom crop. Located in southeastern Pennsylvania, approximately 40 miles west of Philadelphia, Chester County offers a blend of suburban and rural living. Commute times to Philadelphia are typically around 45 minutes, with public transportation options including SEPTA Regional Rail and bus services. The county features rolling hills, farmland, and extensive green spaces, including Marsh Creek State Park and Valley Forge National Historical Park, providing opportunities for outdoor recreation like hiking, biking, and boating.

Life in Chester County is characterized by a high quality of life, with residents often citing the area as an excellent place to live and raise a family. The public school districts in Chester County are highly rated, contributing to its appeal for families. The economy is diverse, with strong sectors in healthcare, professional and technical services, and finance. Recent economic developments show continued investment in technology and data infrastructure, reflecting a broader trend of growth in these areas.

[02] Market Snapshot

Housing Ratio
4.7x

Above national median (4.7x)

GDP Growth
+1.8%

Below national median

Home Prices
+2.8%

Outpacing national median

Climate & Terrain
-1.5

Below-average climate & terrain

Price/Rent
17x

Above national median (13x)

Housing is fairly valued at 4.7x relative to local economic output. The typical U.S. county is 4–6x.

[03] Signal Profile

[04] Home Value Growth vs National

Chester County U.S. National

The Numbers

DEMOGRAPHICS
Population
536,474
+0.9% YoY
Median Household Income
$118,574
Median Home Value
$435,000
+2.76% 12mo
Median Rent
$1,601
Average Annual Pay
$87,886
+3.0% YoY
Employment
251,284
+0.1% YoY
Income-to-Home-Value
0.2726
More affordable than average
Migration Inflow
3.68%
of pop. from another state

Market Activity

REAL ESTATE
Median Sale Price
$526,000
Days on Market
40
Moderate pace
Months of Supply
2.2
Seller's market
Sale-to-List Ratio
101.0%
Homes selling above asking
Sold Above List
38.8%
Listings w/ Price Drops
11.9%
Building Permits (2024)
1,529
Single-Family Permits
1,187

Source: Redfin · Census BPS — Browse sales on Redfin →

[05] Capital Investment

$1,094M
TOTAL
PROJECT AMOUNT STATUS
1547 Critical Systems Realty Data Center Campus
1547 Critical Systems Realty / Green Fig Land Company
$1,000M Under Construction
Toll Brothers at West Vincent Township (46 single-family homes)
Toll Brothers
$50M Proposed
Chester County Government Capital Projects (various)
Chester County Government
$44M Under Construction

Source: public records, news, corporate announcements. Amounts are estimates where noted.

[06] Score Breakdown

GDP Growth +1.8% 31 percentile
Population Growth +0.9% 69 percentile
Income Growth +7.8% 33 percentile
Vacancy Rate 0.7% 80 percentile
Home Price Change +2.8% 69 percentile
Rent Growth +3.4% 59 percentile
Price/Rent 17x 20 percentile

Bars show percentile rank among all 996 counties.

[07] Frequently Asked Questions

Is Chester County, PA a good place to move to?

Chester County has a Boom Town Index score of 60/100, ranking #396 among 996 U.S. counties. With job growth at +0.1% and a median household income of $118,574, it's an above-average county on economic indicators.

Is Chester County affordable?

The median home value in Chester County is $435,000 with median rent at $1,601/month. The income-to-home-value ratio is 0.2726, which is more affordable than the national average.

Is Chester County growing or shrinking?

Population growth: +0.9% year-over-year. Job growth: +0.1%. Home values changed +2.8% in the past 12 months.

Are people moving to Chester County?

Yes — 3.68% of Chester County's population moved from another state, which is above the national average and indicates strong in-migration.

[08] Similar Metros

Pickaway County, OH 70 Campbell County, KY 70 Kings County, NY 70 Dauphin County, PA 70 Lehigh County, PA 70 Providence County, RI 70 Anchorage Municipality, AK 70 Otero County, NM 70