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Chesterbrook

Learn about the people, housing, costs and businesses in Chesterbrook, Pennsylvania

Median Home$453,400
Median Rent$2,452/month
Population5,839
Leading IndustriesArts, Food & Hospitality · Healthcare · Public Administration25% arts, food & hospitality
Home Value Growth⬆⬆+19.6% over 2 years
Young Adults28% of residentsnear the national average
Homeowners61% of occupied units
NotableHighly Educated36% bachelor's · 19% graduate · top 3% nationally
NotableHigh Incomes$124k/year · top 8% nationally
Chesterbrook
PA

Frequently Asked Questions

What are today's mortgage rates in Chesterbrook?

As of today, the 30-year fixed mortgage rate for Chesterbrook is approximately 6.862% (6.897% 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 Chesterbrook?

The median home value in Chesterbrook is $453k. The median monthly rent is $2,452. Annual property taxes average $5k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Chesterbrook?

Home values in Chesterbrook have increased 19.6% over the past two years. This indicates a strong appreciation trend. 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 Chesterbrook?

Based on a typical all-in ownership cost of $2,044/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $88k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Chesterbrook is $124k/year.

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What industries drive the economy in Chesterbrook?

The largest employment sectors in Chesterbrook are public administration (28%) and healthcare (27%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.