Chester County, PA Economy


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United States / Pennsylvania / / Chester County / Cities / Zip Codes
Chester, PA County is a great place to live for those looking for affordable housing and prices at the grocery store. The average two bedroom rent rate in Chester, PA County is $1,470 which is lower than the US average of $1,430. Additionally, the Grocery Cost Index in Chester is 108 versus 100 in the US. This means that groceries are slightly cheaper in this area. Besides its affordability, Chester is home to many large companies like National Resource Solutions, NJM Insurance Group and Upland Brewing Co. that provide employment opportunities to its residents. With its lower cost of living and ample job opportunities, Chester is a great place to live and work.

Chester County has an unemployment rate of 4.7%. The US average is 6.0%.

Chester County has seen the job market increase by 0.3% over the last year. Future job growth over the next ten years is predicted to be 29.2%, which is lower than the US average of 33.5%.

Tax Rates for Chester County
- The Sales Tax Rate for Chester County is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Chester County is 3.1%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.

Income and Salaries for Chester County
- The average income of a Chester County resident is $42,323 a year. The US average is $28,555 a year.
- The Median household income of a Chester County resident is $109,969 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyChester, PennsylvaniaUnited States
  4.76
  -5.9%-6.2%
  29.2%33.5%
  6.0%6.2%
  3.1%4.6%
  $55,702$37,638
  $109,969$69,021
  $133,161$85,028
  Population by Occupation
  1.9%1.2%
  0.1%0.5%
  5.8%6.8%
  10.8%10.0%
  3.0%2.5%
  9.3%11.0%
  2.7%4.8%
  0.8%0.8%
  2.1%1.9%
  8.8%4.7%
  1.9%1.9%
  13.4%7.6%
  0.3%0.1%
  3.4%4.2%
  10.2%9.3%
  12.3%14.0%
  1.9%2.1%
  4.7%7.0%
  4.1%4.8%
  2.4%4.7%
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