The median household income in Chesterfield was $44,219, 21.3% less than the median average for the state of Indiana. 14.1% of the population were in poverty, including 24.8% of residents under the age of 18. The poverty rate for the town was 1.2% higher than that of the state. 21.3% of the population was disabled and 10.9% had no healthcare coverage. 48.9% of the population had attained a high school or equivalent degree, 21.0% had attended college but received no degree, 11.5% had attained an Associate's degree or higher, 8.1% had attained a Bachelor's degree or higher, and 4.9% had a graduate or professional degree. 5.6% had no degree. 54.3% of Chesterfield residents were employed, working a mean of 38.6 hours per week. The median gross rent in Chesterfield was $887 and the homeownership rate was 64.6%. 127 housing units were vacant at a density of .
The median household income in Chesterfield was $44,219, 21.3% less than the median average for the state of Indiana. 14.1% of the population were in poverty, including 24.8% of residents under the age of 18. The poverty rate for the town was 1.2% higher than that of the state. 21.3% of the population was disabled and 10.9% had no healthcare coverage. 48.9% of the population had attained a high school or equivalent degree, 210% had attended college but received no degree, 11.5% had attained an Associate's degree or higher, 8.1% had attained a Bachelor's degree or higher, and 4.9% had a graduate or professional degree. 5.6% had no degree. 54.3% of Chesterfield residents were employed, working a mean of 38.6 hours per week The median gross rent in Chesterfield was $887 and the homeownership rate was 64.6%. 127 housing units were vacant at a density of .