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Virginia · Census place 16000

Chesapeake city, VA

Quick answer

Chesapeake city has 251,153 residents, ranking #2 of 688 places in Virginia. Median household income is $94,189, the median home is worth $359,100 and median gross rent runs $1,523 a month.

Population
251,153Chesapeake city residents
Median household income
$94,189Past 12 months, inflation adjusted
Median home value
$359,100Owner-occupied units
Median gross rent
$1,523Rent plus utilities, monthly
Median age
37.7 yrsAll residents
Homeownership rate
73.8%Owner-occupied households

What the numbers mean in Chesapeake city

Housing cost measured against local earnings.

A household earning the Chesapeake city median would spend about 19.4% of gross income on the median rent. The 30% mark is the federal threshold for cost burden, so anything above it signals a stretched rental market. The median home costs 3.8× the median household income; nationally that ratio sits near 4.5×. Poverty affects 8.7% of residents and 73.8% of households own their home.

Source: US Census Bureau, ACS 2019-2023 5-year estimates · rates as published for 2019-2023 ACS 5-year

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