Chestertown, MD population, income and ZIP codes

Chestertown town is a mid-size town in Maryland, with 5,548 residents counted in the Census American Community Survey 2019-2023 ACS 5-year estimates, which places it #191 of 536 ranked by population — larger than 64% of them. The median age here is 32.3 years against 39.1 nationally, a distinctly younger profile, typical of places with students, military posts or a fast-growing family population. Places under 65,000 residents only appear in the five-year release, never the one-year file, so these values pool sixty months of responses and lag the current year by design.

Households in Chestertown town earn a median of $47,047 a year, 40.1% below the national figure of $78,538 and 57% below the $109,026 median for the 332 Maryland cities we cover. This figure covers the household, not the worker: two people on ordinary wages at one address outrank a single professional in the same table. Poverty reaches 15.6% of residents here, above the 12.4% national rate.

The typical owner-occupied home in Chestertown town is valued at $333,900, 10.1% above the national figure and 16% below the $397,200 peer median, while median gross rent runs $1,090 a month, 22.5% below the national figure, or roughly $13,080 across a full year. A household on the local median income would put about 27.8% of gross pay toward that rent against the federal 30% cost-burden threshold, so renting here is within the standard affordability guideline. The home-price-to-income ratio works out to 7.1×, against roughly 3.9× nationally, so buying is out of reach on local earnings alone and the ownership market leans on outside income, equity or dual high earners. 48.1% of occupied homes are owner-occupied versus 65% nationally, so the market leans more heavily on renters. The rent line includes utilities paid by the tenant, a definition worth remembering when comparing it against a landlord's quoted rate.

Home values sit at 7.1× median household income, far past the 3.9× national mark, so ownership costs here are set by something other than local wages — second homes, retirees with equity, or commuters earning elsewhere.

No figure on this page is estimated by us; each one comes straight from the published ACS tables for this area. Small-area estimates still carry wider margins of error than state or national figures, so check the linked ACS tables before relying on them for lending, appraisal or legal work.