Chesterfield, IN is known for its quiet suburban neighborhoods and convenient proximity to the larger city of Indianapolis. Among the businesses located in Chesterfield are a few notable names such as The Fresh Market, Applebee's, and Meijer. With a two bedroom rent price of $960 per month, residents of this area can benefit from an affordable cost of living compared to other cities in the US with rents at $1,430 per month. Additionally, Chesterfield’s Grocery Cost Index is 92 versus 100 in the US making food more affordable for residents of this area.
Chesterfield has an unemployment rate of 5.4%. The US average is 6.0%.
Chesterfield has seen the job market increase by 2.5% over the last year. Future job growth over the next ten years is predicted to be 35.4%, which is higher than the US average of 33.5%.
Tax Rates for Chesterfield
- The Sales Tax Rate for Chesterfield is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Chesterfield is 5.0%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.
Income and Salaries for Chesterfield
- The average income of a Chesterfield resident is $19,954 a year. The US average is $28,555 a year.
- The Median household income of a Chesterfield resident is $43,944 a year. The US average is $69,021 a year.