Chestnut Hill, PA
Population 6,774 · Pennsylvania
About Chestnut Hill, PA
Chestnut Hill is a small town located in Pennsylvania with a population of 6,774 residents according to the latest US Census Bureau American Community Survey data. The median household income is $125,417 per year, which is 67% above the national median of $75,149. The median age of 47.2 years is notably older the US median age of 38.9 years, suggesting a more established community with a higher proportion of long-term residents.
Housing Market Overview
The housing market in Chestnut Hill features a median home value of $362,800, which is 48% above the national median of $244,900. This positions Chestnut Hill in a moderately priced market relative to the rest of the country. Median monthly rent is $1,746, 50% above the national average of $1,163/month. Of the 2,788 total housing units, 91% are owner-occupied (2,454 units) and 9% are renter-occupied (243 units). The high homeownership rate suggests a stable, established residential community.
Economy & Employment
The local economy in Chestnut Hill shows an unemployment rate of 6.6%, which is significantly above the national rate of 3.7%, suggesting economic challenges in the area. The poverty rate stands at 4.6%, below the national average of 12.4%, reflecting generally favorable economic conditions. Workers in Chestnut Hill have an average one-way commute time of 33.9 minutes.
Education & Demographics
47.5% of Chestnut Hill residents aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. This significantly higher educational attainment rate often correlates with access to knowledge-economy jobs and higher household incomes. The community's demographic composition includes 0.0% White, 0.0% Hispanic or Latino, 0.6% Black or African American, and 3.4% Asian residents, with 12.3% of the population being foreign-born.
Cost of Living in Chestnut Hill, PA
Compared to national averages, Chestnut Hill has a median household income of $125,417 (67% above the national median of $75,149). Home values average $362,800, which is 48% above the national median. Monthly rent at $1,746 is 50% above the US average of $1,163. Within Pennsylvania, Chestnut Hill's income is 71% above the state average of $73,376, and home values are 90% above the state median of $190,903.
Why Live in Chestnut Hill, PA?
Chestnut Hill offers a strong local economy with a median household income of $125,417, well above the national average, and a well-educated community where 47.5% of residents hold a bachelor’s degree or higher, and a low poverty rate of 4.6%, better than the national average.
Chestnut Hill has a population of 6,774 with a median age of 47.2 years. Compare Chestnut Hill with other cities to see how it stacks up, or explore all cities in Pennsylvania.
Similar Cities Near Chestnut Hill
Cities in Pennsylvania with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Folcroft | 6,748 | $58,899 | $140,000 | Compare |
| Linglestown | 6,747 | $89,887 | $242,800 | Compare |
| Clifton Heights | 6,821 | $69,940 | $189,100 | Compare |
| Ambler | 6,822 | $80,795 | $360,200 | Compare |
| Monessen | 6,825 | $51,094 | $87,100 | Compare |
| Oakmont | 6,712 | $89,055 | $317,700 | Compare |
| Arlington Heights | 6,844 | $67,386 | $249,700 | Compare |
| Maple Glen | 6,851 | $173,110 | $543,800 | Compare |
Demographics
Racial & Ethnic Composition
Economy & Education
Housing
Other Cities in Pennsylvania
Data source: US Census Bureau ACS 5-Year Estimates. Last updated: 2026-04-05.
Compare Chestnut Hill With Other Cities
Frequently Asked Questions about Chestnut Hill
What is the population of Chestnut Hill, PA?
The population of Chestnut Hill, PA is 6,774 according to the latest US Census Bureau American Community Survey estimates. This makes it a small town in Pennsylvania.
What is the median household income in Chestnut Hill?
The median household income in Chestnut Hill, PA is $125,417 per year, which is 67% above the national median of $75,149.
What is the median home value in Chestnut Hill?
The median home value in Chestnut Hill, PA is $362,800, which is 48% above the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Chestnut Hill?
The median monthly rent in Chestnut Hill, PA is $1,746, which is 50% above the national average of $1,163/month.
What is the unemployment rate in Chestnut Hill?
The unemployment rate in Chestnut Hill, PA is 6.6%, compared to the national average of 3.7%. Job seekers may want to research the dominant industries in the area.
Is Chestnut Hill, PA a good place to live?
Chestnut Hill offers above-average incomes, a competitive housing market, and growing employment opportunities. With a population of 6,774 and a median age of 47.2, the city appeals to established professionals and retirees.
How educated is Chestnut Hill, PA?
47.5% of residents in Chestnut Hill aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. This above-average educational attainment often reflects a knowledge-based local economy.
What is the cost of living in Chestnut Hill?
Key cost-of-living indicators for Chestnut Hill, PA: median home value is $362,800 (48% above national), median rent is $1,746/month, and median household income is $125,417. The home-value-to-income ratio is 2.9x, indicating relatively affordable housing relative to local incomes.
What is the poverty rate in Chestnut Hill?
The poverty rate in Chestnut Hill, PA is 4.6%, compared to the national average of 12.4%. This below-average poverty rate reflects generally favorable economic conditions in the community.
How diverse is Chestnut Hill, PA?
Chestnut Hill's population is 0.0% White, 0.0% Hispanic or Latino, 0.6% Black or African American, 3.4% Asian, and 7.5% two or more races. 12.3% of residents are foreign-born.