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Economy, jobs and prices in Chesapeake, Virginia: official figures

The median household income in Chesapeake was $95,373 a year in the 2020-2024 American Community Survey (in 2024 dollars), 269th highest of 823 US cities of 50,000 or more; the US median was $80,734 and the Virginia median $93,170.

Median household income
$95,373
2020-2024
Unemployment rate (ACS)
4.9%
2020-2024
Mean travel time to work
25.8 min
2020-2024
Median gross rent (monthly)
$1,586
2020-2024
Median home value (owner-occupied)
$378,400
2020-2024
Homes occupied by their owners
74.4%
2020-2024
Households with a broadband subscription
92.6%
2020-2024

What is the per capita income in Chesapeake?

Income per resident (per capita income) in Chesapeake averaged $44,985 a year in 2020-2024, 309th highest of 823 US cities of 50,000 or more (US: $44,673; Virginia: $50,666).

Source: U.S. Census Bureau · saved copy

How unequal are incomes in Chesapeake?

Chesapeake's Gini index of household income inequality was 0.420 in 2020-2024 (0 means equal incomes, 1 maximum inequality), 204th least unequal of 823 US cities of 50,000 or more; the US figure was 0.483.

Source: U.S. Census Bureau · saved copy

What is the unemployment rate in Chesapeake, Virginia?

4.9% of the civilian labor force in Chesapeake was unemployed on average over 2020-2024 (6,135 people), 349th lowest of 823 US cities of 50,000 or more; the US rate in the same survey was 5.2% and Virginia's 4.3%.

Source: U.S. Census Bureau · saved copy

What share of people in Chesapeake are working?

66.8% of Chesapeake's 198,904 residents aged 16 and over were in the labor force (working or looking for work) in 2020-2024, 335th highest of 823 US cities of 50,000 or more (US: 63.5%).

Source: U.S. Census Bureau · saved copy

How many people in Chesapeake have jobs?

118,688 residents of Chesapeake held civilian jobs, 59.7% of those aged 16 and over (US: 59.7%), and 8,021 served in the armed forces.

Source: U.S. Census Bureau · saved copy

What are the main industries in Chesapeake?

The largest industry group for working residents of Chesapeake was education, health care and social assistance (23.7% of employed residents), followed by professional, scientific, management and administrative services (14.0%) and retail trade (9.3%), 2020-2024.

Source: U.S. Census Bureau · saved copy

How many people in Chesapeake work in manufacturing?

Manufacturing employed 7.1% of working residents of Chesapeake, 265th lowest of 823 US cities of 50,000 or more (US: 9.9%); professional, scientific and management services employed 14.0% (US: 12.6%).

Source: U.S. Census Bureau · saved copy

How long is the commute in Chesapeake, Virginia?

Commuters in Chesapeake took 25.8 minutes on average to get to work in 2020-2024, 343rd longest of 823 US cities of 50,000 or more (US: 26.4 minutes); 4.0% travelled an hour or more and 19.1% less than 15 minutes.

Source: U.S. Census Bureau · saved copy

How do people in Chesapeake get to work?

13.1% of workers living in Chesapeake worked from home in 2020-2024, 379th lowest of 823 US cities of 50,000 or more (US: 15.1%). 75.7% drove to work alone, 8.0% carpooled, 0.6% used public transport and 1.0% walked.

Source: U.S. Census Bureau · saved copy

What is the average rent in Chesapeake, Virginia?

The median gross rent (rent plus utilities) in Chesapeake was $1,586 a month in 2020-2024, 409th lowest of 823 US cities of 50,000 or more (US: $1,413; Virginia: $1,579).

Source: U.S. Census Bureau · saved copy

How much does a house cost in Chesapeake?

Owner-occupied homes in Chesapeake had a median value of $378,400 in 2020-2024 as estimated by their owners, 396th lowest of 823 US cities of 50,000 or more (US: $332,700; Virginia: $383,700).

Source: U.S. Census Bureau · saved copy

How affordable are homes in Chesapeake?

The median home value in Chesapeake was 4.0 times the median household income, 305th lowest of 823 US cities of 50,000 or more (US: 4.1 times).

Source: U.S. Census Bureau · saved copy

What share of people in Chesapeake, Virginia own their home?

74.4% of the 93,626 occupied homes in Chesapeake were lived in by their owners in 2020-2024 and 24,011 were rented, 86th highest of 823 US cities of 50,000 or more for home ownership (US: 65.2%; Virginia: 67.3%).

Source: U.S. Census Bureau · saved copy

What share of homes in Chesapeake have broadband?

92.6% of households in Chesapeake had a broadband internet subscription of some type in 2020-2024, 406th highest of 823 US cities of 50,000 or more (US: 91.0%; Virginia: 91.0%).

Source: U.S. Census Bureau · saved copy

How many households in Chesapeake have no internet?

4.8% of households in Chesapeake (4,527) had no internet access at home in 2020-2024, 405th highest of 823 US cities of 50,000 or more (US: 6.5%); 11.0% relied on a cellular data plan alone (US: 11.5%).

Source: U.S. Census Bureau · saved copy

How Chesapeake compares with other cities in the United States

Median household income (2024 dollars) (2020-2024)

Chesapeake ranks 269 of 823, highest first.

RankCityMedian household income (2024 dollars)
266Peoria$95,815
267Richland$95,813
268Richmond$95,391
269Chesapeake$95,373
270Skokie$95,337
271Anaheim$95,227
272Bonita Springs$95,210
Source: U.S. Census Bureau · saved copy

Per capita income (2024 dollars) (2020-2024)

Chesapeake ranks 309 of 823, highest first.

RankCityPer capita income (2024 dollars)
306Davie$45,103
307Des Plaines$45,076
308Lake Havasu City$44,999
309Chesapeake$44,985
310Oceanside$44,943
311Waukesha$44,943
312Rogers$44,802
Source: U.S. Census Bureau · saved copy

Gini index of household income inequality (2020-2024)

Chesapeake ranks 620 of 823, highest first.

RankCityGini index of household income inequality
617Santa Maria0.421
618Chandler0.421
619McKinney0.421
620Chesapeake0.420
621Lewisville0.420
622Gilroy0.420
623Jeffersonville0.420
Source: U.S. Census Bureau · saved copy

Unemployment rate (share of civilian labor force) (2020-2024)

Chesapeake ranks 475 of 823, highest first.

RankCityUnemployment rate (share of civilian labor force)
472Stamford4.9%
473Topeka4.9%
474Kingsport4.9%
475Chesapeake4.9%
476North Port4.9%
477Dallas4.9%
478Lake Forest4.9%
Source: U.S. Census Bureau · saved copy

Labor force participation rate (16 and over) (2020-2024)

Chesapeake ranks 335 of 823, highest first.

RankCityLabor force participation rate (16 and over)
332Tampa66.9%
333Hempstead66.8%
334Arlington Heights66.8%
335Chesapeake66.8%
336Simi Valley66.8%
337Oxnard66.8%
338Fayetteville66.7%
Source: U.S. Census Bureau · saved copy

Mean travel time to work (minutes) (2020-2024)

Chesapeake ranks 343 of 823, highest first.

RankCityMean travel time to work (minutes)
340Peabody25.8
341Sandy Springs25.8
342Orange25.8
343Chesapeake25.8
344Dallas25.7
345Hammond25.7
346Wheaton25.7
Source: U.S. Census Bureau · saved copy

Workers who worked from home (2020-2024)

Chesapeake ranks 445 of 823, highest first.

RankCityWorkers who worked from home
442Kyle13.2%
443Arlington13.1%
444Des Moines13.1%
445Chesapeake13.1%
446Houston13.0%
447Cranston13.0%
448Smyrna13.0%
Source: U.S. Census Bureau · saved copy

Workers commuting by public transportation (2020-2024)

Chesapeake ranks 578 of 823, highest first.

RankCityWorkers commuting by public transportation
575West Des Moines0.6%
576Elkhart0.6%
577Henderson0.6%
578Chesapeake0.6%
579Boca Raton0.6%
580McAllen0.6%
581Springfield0.6%
Source: U.S. Census Bureau · saved copy

Employed residents working in manufacturing (2020-2024)

Chesapeake ranks 559 of 823, highest first.

RankCityEmployed residents working in manufacturing
556Phoenix7.2%
557San Bernardino7.2%
558Eagle Mountain7.1%
559Chesapeake7.1%
560Menifee7.1%
561Mission7.1%
562Lehi7.1%
Source: U.S. Census Bureau · saved copy

Employed residents in education, health care and social assistance (2020-2024)

Chesapeake ranks 340 of 823, highest first.

RankCityEmployed residents in education, health care and social assistance
337Norwalk23.8%
338Tamarac23.8%
339Bayonne23.8%
340Chesapeake23.7%
341Charleston23.7%
342Murfreesboro23.7%
343Folsom23.7%
Source: U.S. Census Bureau · saved copy

Median gross rent per month (2020-2024)

Chesapeake ranks 415 of 823, highest first.

RankCityMedian gross rent per month
412Oak Park$1,593
413Hesperia$1,590
414Nashville$1,586
415Chesapeake$1,586
416Gresham$1,586
417Marietta$1,586
418Woodland$1,583
Source: U.S. Census Bureau · saved copy

Median value of owner-occupied homes (2020-2024)

Chesapeake ranks 428 of 823, highest first.

RankCityMedian value of owner-occupied homes
425Homestead$380,000
426Lewisville$378,500
427Miami Gardens$378,500
428Chesapeake$378,400
429Lebanon$378,400
430Cranston$378,300
431Maricopa$377,200
Source: U.S. Census Bureau · saved copy

Median home value as a multiple of median household income (2020-2024)

Chesapeake ranks 516 of 820, highest first.

RankCityMedian home value as a multiple of median household income
513Minnetonka4.0x
514Valdosta4.0x
515Greensboro4.0x
516Chesapeake4.0x
517Lynchburg4.0x
518Cedar Park4.0x
519Holly Springs4.0x
Source: U.S. Census Bureau · saved copy

Occupied homes lived in by their owners (2020-2024)

Chesapeake ranks 86 of 823, highest first.

RankCityOccupied homes lived in by their owners
83League City74.7%
84Skokie74.7%
85Meridian74.6%
86Chesapeake74.4%
87Carmel74.3%
88Hoffman Estates74.2%
89Carson74.0%
Source: U.S. Census Bureau · saved copy

Households with a broadband subscription (2020-2024)

Chesapeake ranks 406 of 823, highest first.

RankCityHouseholds with a broadband subscription
403Frederick92.7%
404Pomona92.7%
405Visalia92.6%
406Chesapeake92.6%
407Bloomington92.6%
408Idaho Falls92.6%
409Los Angeles92.6%
Source: U.S. Census Bureau · saved copy

Households with no internet access (2020-2024)

Chesapeake ranks 405 of 823, highest first.

RankCityHouseholds with no internet access
402Troy4.9%
403Janesville4.9%
404Southaven4.8%
405Chesapeake4.8%
406San Leandro4.8%
407North Las Vegas4.8%
408Everett4.8%
Source: U.S. Census Bureau · saved copy

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Sources

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