Check Out Where Chester County Ranks Among the Places in Pennsylvania with the Most Incoming Investments
Chester County is among the places in Pennsylvania with the most incoming investments, according to a recently released report by SmartAsset.
To determine the counties where residents are experiencing the most investment in their local economy, SmartAsset considered three main factors: business establishment growth, Gross Domestic Product growth, and new building permits.
Chester County ranked in third place with an incoming investment index of 40.01. This puts it at No. 486 in the nation.
In 2021, the county recorded business growth of 3.7 percent, which puts it only behind Philadelphia County in that category. It is at No. 683 nationwide.
The county’s GDP growth of $599 million was the fifth-highest in the state and No. 182 in the nation.
Meanwhile, there were 11.2 new building permits per 1,000 homes, which is the second-highest in Pennsylvania, behind only Butler County. Nationally, Chester County ranked No. 535 for this category.
The place with the most incoming investments in the Keystone State is Butler County, followed by Philadelphia County.
Read more about the places with the most incoming investments in SmartAsset.
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