Pros and Cons of Living In Chesapeake, Virginia. Is Chesapeake, VA a Nice Place To Live or Retire?

Chesapeake, Virginia

Moving to Chesapeake In Virginia ? Is Chesapeake, VA a Nice Place To Live? Pros and Cons of Living in Chesapeake, Virginia. Find out the best and worst about to live, raise a family or retire in Chesapeake.

Chesapeake is an independent city in Virginia, United States. At the 2020 census, the population was 249,422, making it the second-most populous city in Virginia, the tenth largest in the Mid-Atlantic, and the 89th-most populous city in the United States.

Chesapeake is included in the Hampton Roads metropolitan area. One of the cities in the South Hampton Roads, Chesapeake was organized in 1963 by voter referendums approving the political consolidation of the city of South Norfolk with the remnants of the former Norfolk County, which dated to 1691. (Much of the territory of the county had been annexed by other cities.) Chesapeake is the second-largest city by land area in the Commonwealth of Virginia, and the 17th-largest in the United...

DEMOGRAPHICS

Population
242647
Unemployment
5.2%
11% NAT AVG.
Poverty
7.5%
46% NAT AVG.
Cost Of Living
115
15% NAT AVG.

ECONOMICS

Median Home Cost
$286000
24% NAT AVG.
Median Income
$81261
20% NAT AVG.
Median Rent
$1300
12% NAT AVG.
Overall Score
8

CRIME REPORT

Total Crime
5433
6% NAT. AVG.
32% STATE AVG.
Violent Crime
1020
6% NAT. AVG.
98% STATE AVG.
Property Crime
4413
9% NAT. AVG.
23% STATE AVG.

SOCIO-ECONOMICS

People Living Below BPL
1 in 13
Unemployed People
1 in 19
People Earning < $10,000
1 in 31
People Earning < $50,000
28.1%
People With Any Degree
1 in 2.2

ETHNICITY

Ethnicity Chesapeake USA
White 56.4% 60.1%
African American 29% 12.2%
American Indian 0.1% 0.6%
Asian 3.3% 5.6%
Hawaiian 0% 0.2%
Multiracial 4.1% 2.8%
Hispanic 6.5% 18.2%
Other 0.4% 0.3%

HOUSEHOLD INCOME

HOUSEHOLD INCOME Chesapeake USA
Less than $10,000 3.2% 5.8%
$10,000 to $14,999 2.4% 4.1%
$15,000 to $24,999 5.8% 8.5%
$25,000 to $34,999 6% 8.6%
$35,000 to $49,999 10.7% 12.0%
$50,000 to $74,999 18.3% 17.2%
$75,000 to $99,999 14.5% 12.8%
$100,000 to $149,999 20.4% 15.6%
$150,000 to $199,999 10.2% 7.1%

EDUCATION

Education Chesapeake USA
< 9th Grade 1% 5.0%
9-12th Grade 5% 7.0%
High School or GED 24% 27.0%
Other College 25% 20.0%
Associate's Degree 10% 9%
Bachelor's Degree 22% 20.0%
Master's Degree 10% 9.0%
Professional Degree 2% 2.0%
Doctorate Degree 1% 1.0%
Chesapeake is a city in Virginia state in USA with a population of 242647 residents.. The poverty rate of Chesapeake is 7.5%, which is 46% lower than national average. The typical household in Chesapeake earns $81261 a year, compared to the national median of $67,500. Nearly 28.1% of households earn less than $50,000 a year compared to 39% national rate. The unemployment rate of Chesapeake remained 5.2%, which is 11% higher than national rate. Nearly 1 times comparable to 4.7% national rate, according to the Census.

Cost of living in Chesapeake is 115, which is 15% higher than national average. In Chesapeake, only 35% of adults have a bachelor's degree and 35% have some college but no degree. Median home value in Chesapeake is $286000 , which is 24% higher than national average. While median income in Chesapeake remained $81261, which is 20% higher than national average. Not only are incomes low in the town, but it also has a high cost of living, meaning a dollar does not go as far as it might elsewhere.
Chesapeake Scorecard

Jobs80%

Housing85%

Affordability60%

Safety50%

Amenities80%

Diversity90%

Education85%

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