Chestertown, MD Profile: Facts & Data

Chestertown, Maryland - Basic Facts

The Town of Chestertown had a population of 5,487 as of July 1, 2024.

The primary coordinate point for Chestertown is located at latitude 39.209 and longitude -76.0666 in Kent County. The formal boundaries for the Town of Chestertown encompass a land area of 2.6 sq. miles and a water area of 0.31 sq. miles. Kent County is in the Eastern time zone (GMT -5).

The Town of Chestertown has a C1 Census Class Code which indicates an active incorporated place that does not serve as a county subdivision equivalent. It also has a Functional Status Code of "A" which identifies an active government providing primary general-purpose functions.

The Town of Chestertown is located within District 4, Chestertown, a minor civil division (MCD) of Kent County.

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Chestertown, MD Data & Demographics (As of July 1, 2024)

POPULATION
Total Population	5,487 (100%)
Population in Households	4,266 (77.7%)
Population in Families	2,857 (52.1%)
Population in Group Quarters¹	1,221 (22.3%)
Population Density	1,880
Diversity Index²	54


INCOME
Median Household Income	$45,992
Average Household Income	$78,005
% of Income for Mortgage⁴	45%
Per Capita Income	$30,818
Wealth Index⁵	63
Socioeconomic Status Index⁶	Moderate (46.5)

HOUSING
Total HU (Housing Units)	2,433 (100%)
Owner Occupied HU	1,065 (43.8%)
Renter Occupied HU	1,067 (43.9%)
Vacant Housing Units	301 (12.4%)
Median Home Value	$330,197
Average Home Value	$358,169
Housing Affordability Index³	54

HOUSEHOLDS
Total Households	2,132
Average Household Size	2.00
Family Households	1,041
Average Family Size	3.00

HOUSING

Total HU (Housing Units)

2,433 (100%)

Owner Occupied HU

1,065 (43.8%)

Renter Occupied HU

1,067 (43.9%)

Vacant Housing Units

301 (12.4%)

Median Home Value

$330,197

Average Home Value

$358,169

Housing Affordability Index³

HOUSEHOLDS

Total Households

2,132

Average Household Size

2.00

Family Households

1,041

Average Family Size

3.00

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.
The Socioeconomic Index ranges from zero (lowest relative status) to 100 (highest relative status). This measure quantifies disparities in social position of an area's inhabitants and is built from a broad range of demographic, housing, and socioeconomic inputs. More information on this measure can be found in Esri's SEI tutorial.

GROWTH RATE / YEAR	2020-2024	2024-2029
Population	-0.19%	-0.19%
Households	-0.06%	0.22%
Families		0.08%
Median Household Income		1.44%
Per Capita Income		2.42%
Owner Occupied HU		1.78%

GROWTH RATE / YEAR

2020-2024

2024-2029

Population

-0.19%

Households

-0.06%

0.22%

Families

0.08%

Median Household Income

1.44%

Per Capita Income

2.42%

Owner Occupied HU

1.78%

Chestertown, MD - Peer Comparisons by Rank and Percentile

The table below compares Chestertown to the other 536 incorporated cities, towns and CDPs in Maryland by rank and percentile using July 1, 2024 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.

Variable Description	Rank	Percentile
Total Population	# 198	63rd
Population Density	# 209	61st
Median Household Income	# 511	5th
Housing Affordability Index	# 85	16th
Per Capita Income	# 469	13th
Diversity Index	# 214	60th

Variable Description

Rank

Percentile

Total Population

# 198

63rd

Population Density

# 209

61st

Median Household Income

# 511

5th

Housing Affordability Index

# 85

16th

Per Capita Income

# 469

13th

Diversity Index

# 214

60th

Maryland Census Data Comparison Tool

Chestertown, MD Profile: Facts & Data

Chestertown, Maryland - Basic Facts

Chestertown, MD Data & Demographics (As of July 1, 2024)

POPULATION

INCOME

HOUSING

HOUSEHOLDS

GROWTH RATE / YEAR

Chestertown, MD - Peer Comparisons by Rank and Percentile

Chestertown, MD - Most Popular Things to Do

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