Chester Springs is a medium-sized town located in the state of Pennsylvania. With a population of 16,285 people and three associated neighborhoods, Chester Springs is the 57th largest community in Pennsylvania. Much of the housing stock in Chester Springs was built relatively recently. The construction of new real estate can often be taken as an indication that the local Chester Springs economy is robust, and that jobs or other amenities are attracting an influx of new residents. This seems to be the case in Chester Springs, where the median household income is $217,520.00.
Chester Springs home prices are not only among the most expensive in Pennsylvania, but Chester Springs real estate also consistently ranks among the most expensive in America.
Also of interest is that Chester Springs has more people living here who work in computers and math than 95% of the places in the US.
One interesting thing about the economy is that relatively large numbers of people worked from their home: 35.47% of the workforce. While this number may seem small overall, as a fraction of the total workforce this is high compared to the rest of the county. These workers are often telecommuters who work in knowledge-based, white-collar professions. For example, Silicon Valley has large numbers of people who telecommute. Other at-home workers may be self-employed people who operate small businesses out of their homes.
Chester Springs is a good choice for families with children because of several factors. Many other families with children live here, making it a place where both parents and children are more likely to develop social ties with other families. The town’s good public school district and large population of college-educated adults provide an environment conducive to academic success. Many people own their own single-family homes, providing areas for children to play and stability in the community. Finally, Chester Springs’s overall crime rate is lower than average for the country.
In Chester Springs, however, the average commute to work is quite long. On average, people spend 33.00 minutes each day getting to work, which is significantly higher than the national average.
Do you like to read, write and learn? If you move to Chester Springs, you'll likely find that many of your neighbors like to as well. Chester Springs is one of the more educated communities in America, with a full 79.06% of its adults having a college degree or even advanced degree, compared to a national average across all communities of 21.84%.
The per capita income in Chester Springs in 2022 was $85,734, which is wealthy relative to Pennsylvania and the nation. This equates to an annual income of $342,936 for a family of four.
Chester Springs is a very ethnically-diverse town. The people who call Chester Springs home describe themselves as belonging to a variety of racial and ethnic groups. The greatest number of Chester Springs residents report their race to be White, followed by Asian. Important ancestries of people in Chester Springs include German, Irish, Italian, English, and Polish.
Chester Springs also has a high percentage of its population that was born in another country: 18.46%.
The most common language spoken in Chester Springs is English. Other important languages spoken here include Langs. of India and Other Asian languages.