Everything You Need to Know About the City of Chesapeake Virginia

In 2017, Chesapeake, VA had a population of 235k people with a median age of 36.6 and a median household income of $72,214 dollars. Between 2016 and 2017 the population of Chesapeake, VA grew from 233,194 to 235,410, a 0.95 percent increase and its median household income grew from $69,978 dollars to $72,214 dollars, a 3.2 percent increase.

The population of Chesapeake, Virginia is 58.4 percent White Alone, 29.2 percent Black or African American Alone, and 5.61 percent Hispanic or Latino. N/A% of the people in Chesapeake, VA speak a non-English language, and 98.1 percent are U.S. citizens.

The largest universities in Chesapeake, VA are Sentara College of Health Sciences (223 degrees awarded in 2017), Altierus Career College-Chesapeake (158 degrees), and Centura College-Chesapeake (155 degrees).

The median property value in Chesapeake, VA is $260,900 dollars, and the homeownership rate is 70.9 percent. Most people in Chesapeake, VA commute by Drove Alone, and the average commute time is 24.9 minutes. The average car ownership in Chesapeake, VA is 2 cars per household.


Education in Chesapeake

In 2017, universities in Chesapeake, VA awarded 631 degrees. The student population of Chesapeake, VA is skewed towards women, with 291 male students and 697 female students.

Most students graduating from Universities in Chesapeake, VA are White (297 and 47.1 percent), followed by Black or African American (223 and 35.3 percent), Two or More Races (40 and 6.34 percent), and Asian (27 and 4.28 percent).

The biggest universities in Chesapeake, VA by the number of degrees awarded are Sentara College of Health Sciences (223 and 35.3 percent), Altierus Career College-Chesapeake (158 and 25 percent), and Centura College-Chesapeake (155 and 24.6 percent).

The most popular majors in Chesapeake, VA are Registered Nursing (187 and 29.6 percent), Airframe Mechanics & Aircraft Maintenance Technology (95 and 15.1 percent), and Medical Office Assistant (83 and 13.2 percent).

The median tuition costs in Chesapeake, VA are $350 dollars for private four-year colleges, and $N/A and $N/A respectively, for public four-year colleges for in-state students and out-of-state students.


Economy in Chesapeake

The economy of Chesapeake, VA employs 109k people and Norfolk has an unemployment rate of 3.7 percent. Norfolk has seen the job market increase by 1.3 percent over the last year. Future job growth over the next ten years is predicted to be 31.2 percent, which is lower than the US average of 33.5 percent. The biggest industries in Chesapeake, VA are Health Care & Social Assistance (14,527 people), Educational Services (10,425 people), and Retail Trade (12,044 people), and the highest paying industries are Public Administration ($65,542 dollars), Professional, Scientific, & Technical Services ($65,271 dollars), and Manufacturing ($58,468 dollars).

Households in Chesapeake, VA have a median annual income of $72,214 dollars, which is more than the median annual income of $61,937 dollars across the entire United States. This is in comparison to a median income of $69,978 dollars in 2016, which represents a 3.2 percent annual growth.


Tax Rates for Norfolk

– The Sales Tax Rate for Norfolk is 6.0 percent.

– The Income Tax Rate for Norfolk is 5.8 percent.

– Tax Rates can have a big impact when Comparing the Cost of Living.


Income and Salaries for Norfolk

– The average earnings of a Norfolk resident are $24,252 dollars a year.

– The Median household earnings of a Norfolk resident is $44,150 dollars a year.