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Maryland · Census place 16225

Chestertown town, MD

Quick answer

Chestertown town has 5,548 residents, ranking #191 of 536 places in Maryland. Median household income is $47,047, the median home is worth $333,900 and median gross rent runs $1,090 a month.

Population
5,548Chestertown town residents
Median household income
$47,047Past 12 months, inflation adjusted
Median home value
$333,900Owner-occupied units
Median gross rent
$1,090Rent plus utilities, monthly
Median age
32.3 yrsAll residents
Homeownership rate
48.1%Owner-occupied households

What the numbers mean in Chestertown town

Housing cost measured against local earnings.

A household earning the Chestertown town median would spend about 27.8% of gross income on the median rent. The 30% mark is the federal threshold for cost burden, so anything above it signals a stretched rental market. The median home costs 7.1× the median household income; nationally that ratio sits near 4.5×. Poverty affects 15.6% of residents and 48.1% of households own their home.

Source: US Census Bureau, ACS 2019-2023 5-year estimates · rates as published for 2019-2023 ACS 5-year

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