Chester borough, New Jersey Housing

Chester borough, New Jersey has a population of 1,584, with a median household income of $158,882.

Current housing data for Chester borough.

$672,228

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Population

1,584

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Median Income

$158,882

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Unemployment

2.00%

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Housing Price

$672,228

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Crime Rate

0.20

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Internet Speed

262.40 Mbps

Chester borough is a small local community located in New Jersey. The city has a population that is below the average city population in New Jersey, contributing to its local economic activity, housing demand, and infrastructure development. Population size can significantly influence transportation systems, commercial growth, educational services, and employment opportunities within the region.

Chester borough is a notable city in New Jersey, offering a mix of population dynamics, economic indicators, and housing trends.

Population Overview

Chester borough has a population of 1,584, which is below the state average. This suggests a smaller and more localized community environment.

Income and Economy

The median household income in Chester borough is $158,882, which is above the state average. This reflects stronger earning potential and economic stability.

Housing Market

Housing prices in Chester borough average around $672,228, which is relatively high compared to other cities in New Jersey.

Employment and Safety

The unemployment rate in Chester borough is 2.00%, which is lower than the state average, indicating a relatively strong job market. Chester borough has a lower crime rate than the state average, contributing to a relatively safer living environment.

City Comparison

Compared to other cities in New Jersey, Chester borough shows distinct differences in population size, economic activity, and housing affordability, making it a unique case for analysis.

Chester borough continues to play a role in shaping regional trends in New Jersey, particularly in terms of economic and demographic factors.

Frequently Asked Questions about Chester borough

What is the population of Chester borough?

The population of Chester borough is approximately 1,584.

Is Chester borough a good place to live?

Chester borough offers a mix of economic conditions, housing affordability, and population size, making it suitable for different types of residents.

What is the average income in Chester borough?

The median household income in Chester borough is around $158,882.

How expensive is housing in Chester borough?

The average housing price in Chester borough is approximately $672,228.