ExecutivePulse
Official Federal Data

Chester County, Pennsylvania

FIPS 42029 · Philadelphia-Camden-Wilmington, PA-NJ-DE-MD · Population 547,840
9 Sources Updated June 22, 2026
$127,208
Median Income
$80,734 national
3.2%
Unemployment
4% national
$60.2B
GDP
57.1%
Bachelor's+
35.7% national

Demographics & Population

Census Bureau American Community Survey 2020-2024 · 5-Year Estimates

Household Income

Source: U.S. Census Bureau · American Community Survey 2020-2024 5-Year Estimates
Median Household
$127,208
Per Capita
$64,325
Mean Household
$168,861
Poverty Rate
6%
Median Income Comparison
Chester County$127,208
Pennsylvania$77,971
National$80,734

Population Profile

Source: Census Bureau ACS 2020-2024 · Tables B01001, B02001, B03003
65+: 17.7% (97,116 residents) 55-64: 13.7% (75,085 residents) 35-54: 25.9% (141,931 residents) 18-34: 20.7% (113,264 residents) Under 18: 22% (120,444 residents) 41 Median Age
Cohorts
Under 18 · 22%
18-34 · 20.7%
35-54 · 25.9%
55-64 · 13.7%
65+ · 17.7%
Race & Ethnicity
White77%
Black or African American5.2%
Asian6.8%
Hispanic or Latino(any race)8.4%
Hispanic or Latino is an ethnic category and overlaps with the race categories above.

Educational Attainment

Source: Census Bureau ACS 2020-2024 · Table B15003 · Population 25+
94.9%
High School+
National: 89.6%
▲ +5.3 pts
57.1%
Bachelor's+
National: 35.7%
▲ +21.4 pts
24.3%
Graduate+
National: 14.1%
▲ +10.2 pts

Employment Overview

Source: U.S. Census Bureau · American Community Survey 2020-2024 5-Year Estimates
547,840
Population
299,649
Labor Force
Employed
288,154
Unemployment Rate BLS LAUS 2025 annual
3.2% ▲ +0.3 pts YoY
Mean Commute
26.9 min
Work From Home vs 15.1% national
24.1%
Key Takeaways
  • Income premium: Households earn well above the national median, supporting strong retail and housing markets.
  • Talent advantage: Bachelor's-or-higher attainment exceeds the national average by 21.4 pts, supports knowledge-economy and tech attraction.

Economy & Industry

Bureau of Labor Statistics QCEW · Bureau of Economic Analysis

$60.2B
Gross Domestic Product · 2024
Source: Bureau of Economic Analysis · CAGDP1 Regional GDP

Top Industries by Employment

Source: Bureau of Labor Statistics · Quarterly Census of Employment & Wages 2025 Annual
Top industries by employment in Chester County, Pennsylvania, with employment, share of top sectors, and average wage
IndustryEmploymentShare of Top 10Avg Wage
1Health Care and Social Assistance
36,197 19.3%
$64,144
2Professional, Scientific, and Technical Services
24,648 13.1%
$140,824
3Finance and Insurance
24,126 12.8%
$176,630
4Retail Trade
23,785 12.7%
$46,826
5Manufacturing
18,027 9.6%
$89,306
6Accommodation and Food Services
17,493 9.3%
$26,895
7Construction
12,774 6.8%
$93,514
8Administrative and Support and Waste Management
12,350 6.6%
$64,393
9Other Services (except Public Administration)
9,659 5.1%
$44,432
10Management of Companies and Enterprises
8,841 4.7%
$213,246
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Key Takeaways
  • Largest sector: Health Care and Social Assistance employs 36,197 workers (19.3% of tracked sectors), at an average wage of $64,144.
  • Economic scale: Regional GDP of $60.2B (2024).
  • Wage stratification: Management of Companies and Enterprises averages $213,246 while Accommodation and Food Services averages $26,895, a 7.9x spread in the same local economy, with implications for workforce development and talent strategy.
Source: BLS QCEW + BEA Regional GDP.
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Industry Concentration

Location Quotient measures regional specialization vs. national average. LQ > 1.0 = concentrated.

Location Quotient Analysis

Concentrated Industries
Source: BLS QCEW · 3-digit NAICS sub-sector · Location Quotient vs. national employment share
Same source as the Top Industries table above, sub-sector view surfaces the specialization the supersector view masks (e.g., Plastics & Rubber Manufacturing inside the Manufacturing supersector).
Securities, Commodity Contracts, Investments
8.66x
15,561
Crop Production
4.37x
3,765
Museums, Historical Sites, and Similar
2.70x
793
Publishing Industries and Telecommunications
2.24x
3,272
Management of Companies and Enterprises
2.08x
8,841
Transit and Ground Passenger Transportation
1.93x
1,770
Computing Infrastructure Providers and Data Processing
1.65x
1,299
Printing and Related Support Activities
1.57x
882
Support Activities for Agriculture and Forestry
1.52x
937

Cluster Depth

Source: BLS QCEW · Sub-sectors with LQ ≥ 1.5 indicate genuine cluster concentration
Dominant Cluster
Finance & Insurance Cluster
Coherent grouping of concentrated sub-sectors, signals supply-chain fit for site selectors
15,561
Cluster Employment
8.66x
Peak LQ
Concentrated Sub-Sectors
Securities, Commodity Contracts, Investments
8.66x 15,561
Crop Production
4.37x 3,765
Museums, Historical Sites, and Similar
2.70x 793
Publishing Industries and Telecommunications
2.24x 3,272
Management of Companies and Enterprises
2.08x 8,841
Transit and Ground Passenger Transportation
1.93x 1,770
Computing Infrastructure Providers and Data Processing
1.65x 1,299
Printing and Related Support Activities
1.57x 882
Support Activities for Agriculture and Forestry
1.52x 937

Attraction Opportunities

LQ < 0.5 with ≥ 50 employed, realistic diversification targets. Source: BLS QCEW
0.34x
Mining (except Oil and Gas)
103 employed
0.34x
Support Activities for Transportation
452 employed
0.34x
Accommodation
1,053 employed
0.38x
Transportation Equipment Manufacturing
1,076 employed
0.39x
Textile Mills
52 employed
0.42x
Warehousing and Storage
1,304 employed
Key Takeaways
  • Top specialization: Securities, Commodity Contracts, Investments concentrates at 8.66x the national norm, top-decile concentration, the kind of signature sector that defines a region's economic identity to site selectors.
  • Cluster depth: 9 sub-sectors register LQ ≥ 1.5, suggesting an interconnected industrial base rather than reliance on a single employer or sector.
  • Attraction whitespace: 8 sub-sectors register LQ < 0.5, candidates for diversification or recruitment depending on labor-market fit.
Source: BLS QCEW sub-sector Location Quotients.
Chester County's Top Sectors by Workforce Share
Each rectangle's area is proportional to that sector's share of total private-sector employment across all NAICS supersectors. Hover for exact employment.
Source: Bureau of Labor Statistics QCEW 2025 Annual · Private sector, NAICS supersectors

Housing & Affordability

Census ACS · HUD Fair Market Rents FY2026

Housing Overview

Source: Census Bureau ACS 2020-2024 5-Year Estimates · Tables B25001, B25077, B25064
$485,600
Median Home Value vs 2019
$1,763
Rent/Mo
75.1%
Owner-Occ
3.6%
Vacancy
3.8x
Home Value to Income Ratio
vs. ~4.1x national average

HUD Fair Market Rents

Source: HUD · Fair Market Rents FY2026
Studio
$1,397/mo
1 Bedroom
$1,520/mo
2 Bedroom
$1,810/mo
3 Bedroom
$2,170/mo
4 Bedroom
$2,423/mo
30% of monthly median household income (~$3,180/mo) · rents above this line are typically considered cost-burdened.
Key Takeaways
  • In line with national: Home value to income ratio of 3.8x sits near the ~4.1x national average; affordability is neither a clear advantage nor a recruitment friction.
  • High home ownership: 75.1% owner-occupied; rental supply may be tight for incoming workers.
  • Broadly affordable rents: All 5 HUD Fair Market Rent bedroom tiers sit below the 30%-of-median-income affordability threshold (~$3,180/mo), a clear cost-of-living advantage for workforce attraction.
Source: Census ACS housing tables + HUD Fair Market Rents.

Workforce Pipeline

Labor force readiness, commuting, and workforce composition

Labor Market Overview

Source: Census ACS 2020-2024 · Tables B01001, B23025, B08303, B08301
330,280
Working Age (18-64) vs 2019
Mean Commute
26.9 min
Work From Home vs 15.1% national
24.1%
Prime-Age Employed (25-54)
86%
of prime-age population
Labor force participation rate: 70.1% of working-age population (18-64) 70% Participation
▼ vs 2019

Education & Talent Pipeline

Source: Census ACS 2020-2024 · Table B15003 · College Scorecard
Bachelor's+
57.1%
HS Diploma+
94.9%
Local & Area Institutions (within ~40 mi)
Total credentials awarded
43,866/yr
University of Pennsylvania 10,067/yr
Temple University 9,400/yr
Drexel University 7,192/yr
University of Delaware 6,477/yr
Rowan University 5,800/yr
West Chester University of Pennsylvania 4,930/yr

Aging Workforce

Source: Census Bureau ACS · Derived from age & employment tables
22.7%
55-64 of working-age population (18-64)
Elevated retirement risk, above the 20% threshold. Succession planning recommended.

Workforce by Occupation

Source: Census ACS 2020-2024 · Table C24010 · Civilian employed population 16+
Management / Professional
56.9%
Service
11.7%
Sales & Office
18.2%
Construction / Maint.
5.7%
Production / Transport
7.4%
Bars scaled 2× for visual differentiation; percentage labels show actual share of 288,154 employed workers.
Key Takeaways
  • Succession risk is real: 22.7% of working-age residents are 55-64. Plan for retirements over the next decade and pair attraction strategy with talent retention.
  • Talent pipeline: 6 local institutions feed the workforce; the top three combined produce 26,659 annual credentials.
Source: ACS workforce data and College Scorecard.

AI Insights

AI-assisted analysis, drawn from 9 federal data sources

Sample AI Insight

Chester County shows strong potential for securities, commodity contracts, investments attraction, with a 8.66x concentration and 15,561 jobs in this sub-sector. It ranks in the top decile nationally. Near-term succession risk is elevated, with 22.7% of the working-age population within 10 years of retirement age.

The interconnected base across securities, commodity contracts, investments, crop production, and museums, historical sites, and similar creates supply-chain attraction leverage rather than single-employer risk, a structural advantage for industrial recruitment.

Industry Shift Analysis

Manufacturing Automation Risk
High
Healthcare Growth Forecast
+4.2% CAGR
Remote Work Migration
67/100

Prospect Match Scores

Advanced Manufacturing
92/100
Life Sciences
84/100
Data Centers
71/100
Illustrative example

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Data Sources

Updated from official federal government data.

Census ACS 5-Year2024
BLS QCEW2025 annual
BLS LAUS (via FRED)2025 annual
BEA Regional GDP2024
Census CBP2023
HUD Fair Market RentsFY2026
FCC Broadband Map2024
USAspending.govFY2026
College ScorecardAY 2022-23

Frequently Asked Questions

Key economic and demographic figures for Chester County, Pennsylvania, from federal data sources.

What is the population of Chester County, Pennsylvania?

547,840 (U.S. Census Bureau, ACS 5-Year Estimates).

What is the median household income in Chester County, Pennsylvania?

$127,208 (U.S. Census Bureau, ACS 5-Year Estimates).

What is the unemployment rate in Chester County, Pennsylvania?

3.2% (2025 annual average, U.S. Bureau of Labor Statistics, LAUS).

What is the GDP of Chester County, Pennsylvania?

$60.2B (U.S. Bureau of Economic Analysis, CAGDP1).