Chesterland Ohio City Guide

More than 2,200 people live in Chesterland. The city’s population has decreased by -6.28% since 2010 and is declining at a rate of -0.9% annually. Chesterland reached its highest population of 2,521 in 2010.

The number of men and women in Chesterland is almost equal – males lead only by 1 at 1,139, while the number of females is 1,138. The median age is 45 years. An estimated 22% of the population is aged 65 years and over, and 21% is aged 35 to 54 years.

White residents make up the majority of Chesterland’s population at 99.5%. 0.4% of the city’s population is African American residents, and 0.1% is Biracial. The other ancestries of people in Chesterland include Italian, German, Polish, Irish, and English.

98.1% of the city’s residents speak only English, and 0.8% speak German or other West Germanic languages. 0.4% of the area’s population speaks other unspecified languages.

Chesterland is home to one top-ranked public elementary school, one public middle school, and one public high school.

More than 1,000 or 65% of the adults in the city have gained an education beyond the high school level, with 24.3% earning a college degree.

93.5% of adults aged 25 and over are high school graduates. More than 400 or 35.7% have a bachelor’s degree, more than 100 or 6.7% have an associate degree, and more than 120 or 8.1% have graduate degrees.

Only an estimated 11 or 6.5% of residents aged 25 and over had not graduated from high school.

The median Chesterland property value tracks around $252K, which places this city’s real estate market among the most expensive in Ohio and as relatively affordable on a national level.

Less than 10% of properties are worth below $116K. At 35.3%, the majority of properties range between $116K-$233K. 34.3% of properties vary from $233K-$249K. 13.5% of the market is valued between $349K-$465K. 3.3% of properties range from $465K-$582K, and about 4.5% of properties stretch upwards from $470K to over the $1 million mark.

As for appreciation rates, Chesterland tracked near national averages between roughly December 2008 and December 2018. In that time period, the estimated average annual appreciation rate was 1.33%. Between December 2018 and December 2019 specifically, appreciation rates came in at 2.71%, a number that is below the majority of United States neighborhoods.

Ongoing trends are expected to lead to an annual appreciation rate of around 3.84%.

About 90.4% of residences in Chesterland are owner-occupied properties. Meanwhile, around 9.6% of housing options are rented and 8% of properties tend to be vacant.

A reported 88.2% of housing options in Chesterland are single family type residences. Apartments make up about 3% of properties, and the remainder of Chesterland residences are condominiums and attached properties.

To give an idea of size, around 60% of housing options in the city are 3 bedroom properties, and another 25% of residences have 4 bedrooms. Just 12% of options have 2 bedrooms, while less than 3% of properties are 1 bedroom layouts.

About 5% of properties were built in or before 1939. Considering the big population boom that followed World War II, it makes sense that around 60% of housing options were built between 1940-1969. 27.8% of properties were constructed between 1970-1999, and about 7% of housing options were built after the turn of the 21st century

Chesterland has a robust and stable economy. The unemployment rate in the city is 1.8%, which is well below the national unemployment rate of 3.7%. The job market in the city has grown by 0.3% since 2019 and job growth over the next ten years is expected to reach 24%.

81.9% of Chesterland’s residents are employed in white-collar jobs. Most of the residents in the city work in sales jobs, office and administrative support, and management occupations.

The median household income in the city is $70,094. This is approximately 24% higher than the US average of $53,482 a year.

The average income of a resident in Chesterland is $54,839 per year. This is 48% higher than the US average of $28,555 a year. The per capita income in the area is $32,116.

The overall poverty rate in the city is 3.6%.