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West Virginia · Census place 15028

Chesapeake town, WV

Quick answer

Chesapeake town has 1,615 residents, ranking #93 of 439 places in West Virginia. Median household income is $60,526, the median home is worth $83,100 and median gross rent runs $979 a month.

Population
1,615Chesapeake town residents
Median household income
$60,526Past 12 months, inflation adjusted
Median home value
$83,100Owner-occupied units
Median gross rent
$979Rent plus utilities, monthly
Median age
41.2 yrsAll residents
Homeownership rate
74.5%Owner-occupied households

What the numbers mean in Chesapeake town

Housing cost measured against local earnings.

A household earning the Chesapeake town 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 1.4× the median household income; nationally that ratio sits near 4.5×. Poverty affects 18.5% of residents and 74.5% 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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