Living in Chestertown, Maryland
Cost of living, income, home prices, rent and demographics of Chestertown · Census data 2020–2024
Chestertown has 5,594 residents with a median age of 32.6. The median household income is $54,346 (48% lower than the Maryland median), the median home value is $344,000, the median rent is $1,206/month.
Chestertown at a glance
- Population
- 5,594
- Median age
- 32.6State: 39.4
- Median household income
- $54,346State: $103,678
- Median home value
- $344,000State: $419,900
- Median rent
- $1,206/moState: $1,705
- Homeowners
- 51.8%
- Bachelor's degree or higher
- 53.2%
- Average commute
- 20 min
Is Chestertown a good place to live?
Pros: Home values 18% lower than the state median; an average commute of 20 minutes; unemployment of 3.8%.
Cons: Median household income 48% lower than the Maryland median; a poverty rate of 11.6%.
The weather is best in May–June and August–September.
Cost of living in Chestertown
Housing is the biggest part of the cost of living. In Chestertown the median home value is $344,000, 3% higher than the U.S. median. Renters pay a median of $1,206 per month, which is 36.7% of household income. Homeowners with a mortgage pay $2,144 a month in housing costs.
Chestertown median household income
The median household income in Chestertown is $54,346 and the income per person is $33,958. 11.6% of residents live below the poverty line (Maryland: 9.4%).
Housing in Chestertown: homes for sale and rent
- Housing units
- 2,465
- Owner-occupied
- 51.8%
- Renter-occupied
- 48.2%
- Vacant
- 11%Includes seasonal homes
- Median year built
- 1982
- Average household size
- 1.91
Chestertown demographics
- Population
- 5,594
- Median age
- 32.6
- Under 18
- 15.8%
- 65 and older
- 26.1%
- Households
- 2,195
- Foreign-born
- 5.2%
- Veterans
- 4.5%Adults 18+
Hispanic or Latino can be of any race. Population history of Chestertown ›
Education in Chestertown
53.2% of adults 25 and older in Chestertown have a bachelor's degree or higher (Maryland: 43.4%), and 24.5% have a graduate or professional degree.
Jobs and commute in Chestertown
- Unemployment rate
- 3.8%State: 4.9%
- Average commute
- 20 minState: 31 min
- Work from home
- 14.4%
- Drive alone
- 54.5%
- Public transit
- 0%
- Walk to work
- 24.8%
- Homes with broadband
- 84.2%
Chestertown vs nearby towns
| Town | Population | Median income | Home value | Rent |
|---|---|---|---|---|
| Chestertown | 5,594 | $54,346 | $344,000 | $1,206 |
| Kingstown | 1,713 | $93,625 | $293,000 | $1,536 |
| Worton | 126 | $90,982 | $251,100 | — |
| Butlertown | 511 | $72,991 | $209,500 | — |
| Chesapeake Landing | 509 | $53,566 | $231,300 | — |
| Church Hill | 1,060 | $72,425 | $306,500 | $1,129 |
| Kennedyville | 205 | $36,510 | $263,500 | — |
| Crumpton | 248 | $115,417 | $160,200 | — |
| Tolchester | 379 | $121,042 | $334,200 | $1,073 |
More for people moving to Chestertown
Chestertown ZIP code ›Weather and climate ›Living in Chestertown: FAQ
What is the median household income in Chestertown, MD?
The median household income in Chestertown is $54,346, 48% lower than the Maryland median of $103,678 (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
What is the average home price in Chestertown?
The median home value in Chestertown is $344,000, compared with $419,900 in Maryland.
How much is rent in Chestertown?
The median gross rent in Chestertown is $1,206 per month, about 36.7% of household income.
Is Chestertown, MD a good place to live?
Pluses: home values 18% lower than the state median; an average commute of 20 minutes; unemployment of 3.8%. Minuses: median household income 48% lower than the Maryland median; a poverty rate of 11.6%.
What is the median age in Chestertown?
The median age in Chestertown is 32.6 years (Maryland: 39.4).
How long is the commute in Chestertown?
The average commute to work in Chestertown is 20 minutes; 14.4% of workers work from home.
What is the unemployment rate in Chestertown?
The unemployment rate in Chestertown is 3.8% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is Chestertown?
53.2% of adults in Chestertown have a bachelor's degree or higher.
Source: U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024 (margins of error apply, especially in small towns). Figures are in 2024 dollars.
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