Chester, VT Profile: Facts & Data

The Chester Census Designated Place had a population of 962 as of July 1, 2020. Chester ranks in the lower quartile for Diversity Index when compared to the other cities, towns and Census Designated Places (CDPs) in Vermont. See peer rankings below.

The primary coordinate point for Chester is located at latitude 43.2629 and longitude -72.5951 in Windsor County. The formal boundaries for the Chester Census Designated Place encompass a land area of 1.26 sq. miles and a water area of 0.03 sq. miles. Windsor County is in the Eastern time zone (GMT -5). The elevation is 600 feet.

The Chester Census Designated Place (GNIS ID: 2378125) has a U1 Census Class Code which indicates a census designated place with an official federally recognized name. It also has a Functional Status Code of "S" which identifies a statistical entity.

The Chester Census Designated Place is located within Town of Chester, a minor civil division (MCD) of Windsor County.

Chester, VT Data & Demographics (As of July 1, 2020)

POPULATION
Total Population	962 (100%)
Population in Households	962 (100.0%)
Population in Families	666 (69.2%)
Population in Group Quarters¹	0
Population Density	764
Diversity Index²	10


INCOME
Median Household Income	$35,372
Average Household Income	$56,855
% of Income for Mortgage⁴	28%
Per Capita Income	$28,254
Wealth Index⁵	43

HOUSING
Total HU (Housing Units)	560 (100%)
Owner Occupied HU	258 (46.1%)
Renter Occupied HU	221 (39.5%)
Vacant Housing Units	81 (14.5%)
Median Home Value	$237,500
Average Home Value	$381,055
Housing Affordability Index³	81

HOUSEHOLDS
Total Households	479
Average Household Size	2.01
Family Households	237
Average Family Size	3

NOTES

Group Quarters - a place where people live or stay in a group living arrangement. Includes college residents halls, nursing facilities, military barracks, and correctional facilities.
The Diversity Index is a scale of 0 to 100 that represents the likelihood that two persons, chosen at random from the same area, belong to different races or ethnic groups. If an area's entire population belongs to one race AND one ethnic group, then the area has zero diversity. An area's diversity index increases to 100 when the population is evenly divided into two or more race/ethnic groups.
The Housing Affordability Index base is 100 and represents a balance point where a resident with a median household income can normally qualify to purchase a median price home. Values above 100 indicate increased affordability, while values below 100 indicate decreased affordability.
The % of Income for Mortgage quantifies the percentage of median household income dedicated to mortgage payments on a home priced at the median value (assuming a 30-year mortgage and a 20% down payment).
The Wealth Index is based on a number of indicators of affluence including average household income and average net worth, but it also includes the value of material possessions and resources. It represents the wealth of the area relative to the national level. Values above or below 100 represent above-average wealth or below-average wealth compared to the national level.

Chester, VT - Peer Comparisons by Rank and Percentile

The table below compares Chester to the other 121 incorporated cities, towns and CDPs in Vermont by rank and percentile using July 1, 2020 data. The location Ranked # 1 has the highest value. A location that ranks higher than 75% of its peers would be in the 75th percentile of the peer group.

GROWTH RATE / YEAR	2010-2020	2020-2025
Population	-0.43%	-0.44%
Households	-0.36%	-0.46%
Families	-0.75%	-0.68%
Median Household Income		-0.05%
Per Capita Income		-0.09%
Owner Occupied HU		-1.19%

Variable Description	Rank	Percentile
Total Population	# 44	64th
Population Density	# 48	61st
Median Household Income	# 116	5th
Housing Affordability Index	# 9	7th
Per Capita Income	# 68	45th
Diversity Index	# 97	21st

Chester, VT Profile: Facts & Data

Chester, Vermont - Basic Facts

Chester, VT Data & Demographics (As of July 1, 2020)

POPULATION

INCOME

HOUSING

HOUSEHOLDS

GROWTH RATE / YEAR

Chester, VT - Peer Comparisons by Rank and Percentile

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