Official Federal Data
Chesterfield County, Virginia
FIPS 51041 · Richmond, VA · Population 377,869
9 Sources
Updated June 22, 2026
$101,931 ▲
Median Income
$80,734 national
3.2% ▲
Unemployment
4% national
$24B ▲
GDP
43.8% ▲
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
$101,931 ▲
Per Capita
$48,518 ▲
Mean Household
$128,631 ▲
Poverty Rate
7.1% ▲
Median Income Comparison
Chesterfield County$101,931
Virginia$93,170
National$80,734
Population Profile
Source: Census Bureau ACS 2020-2024 · Tables B01001, B02001, B03003
Cohorts
Under 18 · 23.7%
18-34 · 20.6%
35-54 · 27%
55-64 · 12.6%
65+ · 16.1%
Race & Ethnicity
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+
93.1%
High School+
National: 89.6%
▲ +3.5 pts
43.8%
Bachelor's+
National: 35.7%
▲ +8.1 pts
16.9%
Graduate+
National: 14.1%
▲ +2.8 pts
Employment Overview
Source: U.S. Census Bureau · American Community Survey 2020-2024 5-Year Estimates
377,869
Population
202,331
Labor Force
Employed
191,376
Unemployment Rate BLS LAUS 2025 annual
3.2% ▲ +0.3 pts YoY
Mean Commute
26.4 min
Work From Home vs 15.1% national
19.5%
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 8.1 pts, supports knowledge-economy and tech attraction.
Economy & Industry
Bureau of Labor Statistics QCEW · Bureau of Economic Analysis
Key Takeaways
- Largest sector: Health Care and Social Assistance employs 18,656 workers (16.9% of tracked sectors), at an average wage of $60,372.
- Economic scale: Regional GDP of $24B (2024).
- Wage stratification: Professional, Scientific, and Technical Services averages $122,232 while Accommodation and Food Services averages $24,945, a 4.9x spread in the same local economy, with implications for workforce development and talent strategy.
Source: BLS QCEW + BEA Regional GDP.
Seeing a change here?
Get Deeper Trends
EP customers get year-over-year deltas, WARN notices, and SEC filings for every sector tracked above, surfaced as proactive alerts, not after-the-fact news.
Industry Concentration
Location Quotient measures regional specialization vs. national average. LQ > 1.0 = concentrated.
Cluster Depth
Source: BLS QCEW · Sub-sectors with LQ ≥ 1.5 indicate genuine cluster concentration
Dominant Cluster
Transportation & Warehousing Cluster
Coherent grouping of concentrated sub-sectors, signals supply-chain fit for site selectors
11,426
Cluster Employment
4.41x
Peak LQ
Concentrated Sub-Sectors
Couriers and Messengers
4.41x 4,730
Chemical Manufacturing
2.63x 2,238
Truck Transportation
2.10x 2,968
Warehousing and Storage
2.06x 3,728
Motor Vehicle and Parts Dealers
2.03x 3,966
2.03x 443
Waste Management and Remediation Services
1.88x 929
Construction of Buildings
1.78x 3,160
Amusement, Gambling, and Recreation Industries
1.63x 2,971
Primary Metal Manufacturing
1.59x 551
Attraction Opportunities
LQ < 0.5 with ≥ 50 employed, realistic diversification targets. Source: BLS QCEW
0.06x
Computer and Electronic Product Manufacturing
53 employed
0.15x
Wood Product Manufacturing
59 employed
0.16x
Furniture and Related Product Manufacturing
51 employed
0.21x
Printing and Related Support Activities
70 employed
0.28x
Securities, Commodity Contracts, Investments
297 employed
Key Takeaways
- Top specialization: Couriers and Messengers concentrates at 4.41x the national norm, strong concentration that anchors the local economy and supports supply-chain attraction strategy.
- Cluster depth: 10 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.
Housing & Affordability
Census ACS · HUD Fair Market Rents FY2026
Housing Overview
Source: Census Bureau ACS 2020-2024 5-Year Estimates · Tables B25001, B25077, B25064
$366,000 ▲
Median Home Value vs 2019
$1,629 ▲
Rent/Mo
76.7% ▲
Owner-Occ
3.8% ▼
Vacancy
3.6x
Home Value to Income Ratio
vs. ~4.1x national average
HUD Fair Market Rents
Source: HUD · Fair Market Rents FY2026
Studio
$1,442/mo
1 Bedroom
$1,507/mo
2 Bedroom
$1,655/mo
3 Bedroom
$2,072/mo
4 Bedroom
$2,553/mo
30% of monthly median household income (~$2,548/mo) · rents above this line are typically considered cost-burdened.
Key Takeaways
- In line with national: Home value to income ratio of 3.6x sits near the ~4.1x national average; affordability is neither a clear advantage nor a recruitment friction.
- High home ownership: 76.7% owner-occupied; rental supply may be tight for incoming workers.
- Affordable rent tiers: 4 of 5 HUD Fair Market Rent bedroom tiers sit below the 30%-of-median-income affordability threshold (~$2,548/mo).
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
227,498 ▲
Working Age (18-64) vs 2019
Mean Commute
26.4 min
Work From Home vs 15.1% national
19.5%
Prime-Age Employed (25-54)
85.5%
of prime-age population
▼ vs 2019
Education & Talent Pipeline
Source: Census ACS 2020-2024 · Table B15003 · College Scorecard
Bachelor's+
43.8% ▲
HS Diploma+
93.1% ▲
Regional / Statewide Institutions
Total credentials awarded
72,277/yr
25,513/yr
10,335/yr
10,020/yr
9,615/yr
9,087/yr
7,707/yr
Aging Workforce
Source: Census Bureau ACS · Derived from age & employment tables
20.9%
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
49.3%
Service
13.6%
Sales & Office
19.6%
Construction / Maint.
7.5%
Production / Transport
10.1%
Bars scaled 2× for visual differentiation; percentage labels show actual share of 191,376 employed workers.
Key Takeaways
- Talent pipeline: 6 regional institutions feed the workforce; the top three combined produce 45,868 annual credentials.
Source: ACS workforce data and College Scorecard.
AI Insights
AI-assisted analysis, drawn from 9 federal data sources
Sample AI Insight
Chesterfield County shows meaningful potential for couriers and messengers attraction, with a 4.41x concentration and 4,730 jobs in this sub-sector.
The interconnected base across couriers and messengers, chemical manufacturing, and truck transportation 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
Take it further
AI Insights: Built into ExecutivePulse. Continuous analysis tied to your own pipeline: industry-shift signals, prospect matches, retention prompts.
Managed Services: Prefer to hand it off? Our team delivers the analysis and consulting for you.
Schedule a DemoAvailable as premium offerings.
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 Chesterfield County, Virginia, from federal data sources.
What is the population of Chesterfield County, Virginia?
377,869 (U.S. Census Bureau, ACS 5-Year Estimates).
What is the median household income in Chesterfield County, Virginia?
$101,931 (U.S. Census Bureau, ACS 5-Year Estimates).
What is the unemployment rate in Chesterfield County, Virginia?
3.2% (2025 annual average, U.S. Bureau of Labor Statistics, LAUS).
What is the GDP of Chesterfield County, Virginia?
$24B (U.S. Bureau of Economic Analysis, CAGDP1).
Chesterfield County, VA: Public data. Imagine the full platform.
Get a Demo →