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Chester Center

Learn about the people, housing, costs and businesses in Chester Center, Connecticut

Median Home$442,200
Median Rent$1,549/month
Population1,755
Leading IndustriesEducation · Arts, Food & Hospitality · Healthcare6% education
Home Value Growth+6.9% over 2 years
Retirees27% of residentsabove average nationally
Homeowners73% of occupied units
NotableTransit85/100 · excellent transit access
NotableHigh Incomes$109k/year · top 12% nationally
Chester Center
CT

Explore Chester Center

Real local data across mortgage, insurance, natural hazard, and place.

Frequently Asked Questions

What are today's mortgage rates in Chester Center?

As of today, the 30-year fixed mortgage rate for Chester Center is approximately 6.889% (6.925% APR). Rates vary based on your credit score, loan type, down payment, and other factors. Safe Rate updates rates daily using live investor pricing.

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What is the median home price in Chester Center?

The median home value in Chester Center is $442k. The median monthly rent is $1,549. Annual property taxes average $6k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Chester Center?

Home values in Chester Center have increased 6.9% over the past two years. This represents moderate growth. This data is sourced from the Federal Housing Finance Agency (FHFA) House Price Index.

How much income do you need to buy a home in Chester Center?

Based on a typical all-in ownership cost of $1,856/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $80k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Chester Center is $109k/year.

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What industries drive the economy in Chester Center?

The largest employment sectors in Chester Center are public administration (21%) and retail (13%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.