HomeMarylandKent CountyChestertown town
Chestertown town, Maryland: commercial real estate data.
Chestertown town is a Census town of 5,594 people across 2.88 square miles of land, in Kent County. Median household income is $54,346, 51.8 percent of occupied homes are owned, and the SBA record carries 5 7(a) approvals to borrowers here worth $1.2 m.
76 sourced place values · tier FULL · 8 sections
Chestertown
What Chestertown is
- Census place typetown
- Land area2.88 sq mi
- Water area0.09 sq mi
- Population per square mile of land1,944
- County holding the largest share of its areaKent County, 100.0 percent
US Census Bureau, cartographic boundary file, places, 2024 vintage. US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Chestertown
How many people live in Chestertown
- Population5,594
- Median age32.6
- Population under 18886 plus or minus 257
- Share under 1815.8 percent plus or minus 4.6
- Population 65 and over1,462
- Share 65 and over26.1 percent
- Households2,195
- Family households1,071
- Share of households that are families48.8 percent
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Chestertown
Income and work in Chestertown
- Median household income$54,346 plus or minus $18,320
- Per capita income$33,958
- Civilian labor force2,563
- Employed2,465
- Unemployed98 plus or minus 72
- Unemployment rate3.8 percent plus or minus 2.8
- Adults 25 and over3,192
- Adults 25 and over with a high school diploma or higher91.4 percent
- Adults 25 and over with a bachelor degree or higher53.2 percent
- Adults 25 and over with a graduate degree24.5 percent plus or minus 6.2
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Chestertown
Housing in Chestertown
- Housing units2,465
- Occupied units2,195
- Vacant units270 plus or minus 155
- Vacancy rate11.0 percent plus or minus 6.2
- Owner occupied1,136
- Renter occupied1,059 plus or minus 224
- Ownership rate51.8 percent
- Median owner-occupied home value$344,000
- Median gross rent, monthly$1,206
- Annual rent as a share of median income26.6 percent plus or minus 9.4
- Single family units1,561
- Share single family63.3 percent
- Units in buildings of two or more904 plus or minus 275
- Share in buildings of two or more36.7 percent plus or minus 10.8
- Mobile homes0
- Median year structure built1982
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Chestertown
How Chestertown gets to work
- Workers 16 and over who commute2,033
- Commuting under 15 minutes1,319 plus or minus 275
- Share commuting under 15 minutes64.9 percent
- Commuting 30 minutes or more508 plus or minus 222
- Share commuting 30 minutes or more25.0 percent plus or minus 10.3
- Drove alone54.5 percent
- Carpooled4.2 percent plus or minus 3.2
- Public transport0.0 percent
- Walked24.8 percent plus or minus 5.2
- Worked from home14.4 percent plus or minus 5.3
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Chestertown
SBA 7(a) lending to Chestertown borrowers
- Approvals5
- Gross approval$1,215,900
- Average approval$243,180
- Median approval$93,000
- Ninetieth percentile approval$832,900
- Largest approval$832,900
- Jobs supported30
- Jobs per approval6.0
- Loans with a final outcome1
- Paid in full1
- Charged off0
- Median term84 months
- Share on real estate terms of 20 years or more20.0 percent
- Share to franchises0.0 percent
- Distinct lenders4
- Distinct industries by NAICS5
A charge-off rate is not published here. only 1 resolved loans, too few to publish a rate, and a rate over that few outcomes would move several points on one loan.
US Small Business Administration, 7(a) FOIA release, FY2020 to FY2026 year to date, as of 2026-06-30.
Chestertown
SBA 504 lending to Chestertown borrowers
- Approvals3
- Gross approval$3,079,000
- Average approval$1,026,333
- Median approval$1,040,000
- Largest approval$1,792,000
- Jobs supported23
- Loans with a final outcome1
- Charged off0
- Median term240 months
- Distinct CDCs2
US Small Business Administration, 504 FOIA release, FY2010 to FY2026 year to date, as of 2026-06-30.
Kent County, not Chestertown
Kent County context, not Chestertown figures
These are Kent County figures. There is no place level equivalent published for any of them, so they are shown as the county backdrop and never as Chestertown measurements.
- Establishments in Kent County570
- Employment at those establishments, Kent County6,462
- Covered employment, Kent County7,648
- Average annual pay, Kent County$52,881
- Average weekly wage, Kent County$1,017
- Housing units permitted, Kent County48
- Of those, single family, Kent County48
- County product, 2024, Kent County$1,248,345,000
- County product change over the prior year, Kent County2.2 percent
- Average income of an arriving household, Kent County$105,466
Every figure in this section is published for Kent County as a whole and is not a measurement of Chestertown. It is here because a county backdrop is what a credit committee reads a place against, and it is labelled so that it can never be quoted as the place's own.
US Census Bureau, County Business Patterns, 2023. US Bureau of Labor Statistics, Quarterly Census of Employment and Wages, 2024 annual averages. US Census Bureau, Building Permits Survey, 2024 annual. US Bureau of Economic Analysis, Regional, table CAGDP2, CAGDP2, through 2024. US Internal Revenue Service, Statistics of Income county migration flows, 2021 to 2022 filing years.
Coverage
What this page does not hold.
Every item below could be filled with a plausible figure. None of them is. On a page a lender may read, a number that cannot be traced is worse than an absence, so the absences are named.
- This place is not listed as a community in the FEMA Community Status Book, so no NFIP participation or CRS class is shown.
- Parcel level detail, zoning and flood zone at an address are resolved in the platform, not on this page.
SBA figures count approvals to borrowers whose address is in the place. They are not approvals for projects inside the place boundary: the tape records a borrower city and a project county, and those can differ.
Common questions
Chestertown questions, answered from the record.
How many people live in Chestertown, Maryland?
5,594, in 2,195 households. Chestertown town covers 2.88 square miles of land, which is 1,944 people per square mile. Source: US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
What county is Chestertown in?
Kent County, which holds 100.0 percent of the place by area. Source: US Census Bureau, cartographic boundary file, places, 2024 vintage.
What is the median household income in Chestertown?
$54,346. The median owner-occupied home is valued at $344,000. Median gross rent is $1,206 per month. Source: US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
How much SBA lending goes to Chestertown businesses?
5 7(a) approvals totalling $1.2 m, across 4 lenders, median approval $93,000, plus 3 504 approvals worth $3.1 m. These count approvals to borrowers whose address is in Chestertown, not projects sited inside the place boundary, and they are approvals recorded in the release rather than loans disbursed.
Do SBA loans to Chestertown borrowers get paid back?
No rate is published for Chestertown. only 1 resolved loans, too few to publish a rate, and a percentage over that few outcomes would move several points on a single loan. The counts are shown instead.
Are the county figures on this page Chestertown figures?
No, and they are labelled so. County Business Patterns, QCEW, the Building Permits Survey, BEA product and IRS migration are published for Kent County as a whole and there is no place level equivalent. They appear in one clearly marked section as context and are never presented as measurements of Chestertown.
Is zoning published for Chestertown?
Not yet. The zoning layer is in build. Nothing on this page presents parcel level zoning.