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ChesterfieldEconomy & Jobs

Chesterfield reports a median household income of $58,824 (1.1× below Madison County median $63,037; 1.2× below Indiana median $71,957), with homes at a median value of $113,100. The surrounding county supports 44,772 jobs (avg $51,307).

Income & Affordability

Median household income $58,824 — below the Indiana median ($66,219). Poverty rate 11.9% (U.S. average ~12.5%). 29% of renters spend more than half their income on rent ("severely cost-burdened" by HUD definition; U.S. ~24%).

County Irs Income · IRS tax returns filed$48,210
County Irs Income · Total Adjusted Gross Income (thousands)$2,831,273
County Irs Income · Average AGI per return$58,728 (vs Indiana $69,524)
Median Household Income$58,824 (vs Indiana $66,219)
Poverty Rate11.9%

Sources: IRS SOI 2022 · Census ACS 5-Year 2023  ·  Refreshed 2026-04-12

Employment & Workforce

Employment + workforce stats. The county-level employment count covers all jobs within the county, not just town residents. Unemployment rate 6.8% — above the U.S. average of ~4%. 16% work from home (U.S. average ~15%).

County Employment · Avg annual employment (county)44,772
County Employment · Total annual wages (county)$2,297,086,720
County Employment · Average annual pay$51,307
All Occupations · Employment3,156,740

Sources: BLS QCEW 2023 · BLS Occupational Employment and Wage Statistics (OES)  ·  Refreshed 2026-04-12

Banking

FDIC-insured bank branches with addresses. Branch density correlates with population — fewer branches per resident in lower-density areas.

Branches (6)

First Merchants Bank
YORKTOWN BRANCH · 1501 N Nebo Rd · 47304
STAR Financial Bank
HIGH STREET BRANCH · 400 N High St · 47305
JPMorgan Chase Bank, National Association
NORTHWEST PLAZA BRANCH · 1635 W Mcgalliard Rd · 47304
Old National Bank
MORRISON ROAD BRANCH · 3100 N Morrison Rd · 47304
Northwest Bank
MUNCIE - MCGALLIARD ROAD BRANCH · 1912 W Mcgalliard Rd · 47304
Woodforest National Bank
0224 MUNCIE IN WALMART BRANCH · 1501 E 29th St · 47302

SNAP & Food Access

USDA-authorized SNAP retailers — supermarkets, super stores, convenience stores, and other locations where SNAP benefits can be redeemed. Per-1K density tracks food access.

Sample (3)

Harvest Supermarket 10
Grocery Store · 205 Federal Dr
DOLLAR GENERAL 8692
Other · 444 E Main St
Rickers 7514
Convenience Store · 100 Federal Dr

Sources: USDA SNAP Retailer Locator  ·  Refreshed 2026-04-12

Chamber of Commerce

IRS-registered chamber of commerce organizations matched to this town. Reflects the IRS Exempt Organizations BMF; some chambers operate informally and may not appear here.

Chamber Of Commerce · NameMUNCIE-DELAWARE COUNTY CHAMBER OF COMMERCE

Sources: IRS EO BMF  ·  Refreshed 2026-04-12

Other

Pct Drove Alone70.8%
Pct Public Transit1.1%
Pct Walked16.3%

Sources: Census ACS 5-Year 2023  ·  Refreshed 2026-04-12