Last updated: 2024 BLS data · Page refreshed:
Chesapeake has a population of 252,583 with a median age of 37.9. Here is the racial and ethnic breakdown of the population:
| Demographic | Value |
|---|---|
| Total Population | 252,583 |
| Median Age | 37.9 |
| White | 55.1% |
| Black or African American | 29.1% |
| Asian | 3.9% |
| Hispanic or Latino | 7.7% |
| Other / Two or More Races | 4.2% |
The median household income in Chesapeake is $95,373, which is 18.3% above the national median of $80,610. The per capita income is $44,985. The poverty rate is 9.4%.
The unemployment rate in Chesapeake is 2.9%, compared to the national rate of 4.1%.
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In Chesapeake, 94.2% of residents age 25+ have a high school diploma or higher, and 36.9% hold a bachelor's degree or higher (14.4% with a graduate or professional degree).
| Education Level | % of Adults (25+) |
|---|---|
| High School Diploma or Higher | 94.2% |
| Bachelor's Degree or Higher | 36.9% |
| Graduate or Professional Degree | 14.4% |
The median home value in Chesapeake is $378,400, above the national median of $303,400. The median monthly rent is $1,586. The homeownership rate is 74.4%.
| Housing Metric | Value |
|---|---|
| Median Home Value | $378,400 |
| Median Monthly Rent | $1,586 |
| Homeownership Rate | 74.4% |
| Vacancy Rate | 3.3% |
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