Chesapeake has a population of approximately 247,172 and experiences a population change rate of 24.09%. The population density is 730.2 / sq mi .
Chesapeake has a population of approximately 247,172 and experiences a population change rate of 24.09%. The population density is 730.2 / sq mi .
The median household income for Chesapeake is $85,563, with 89,413 households and an average household size of 2.71.
The median value of a home in Chesapeake is $359,000 with an appreciation rate of 13.00%. 69.09% of housing in the state is owned while 25.99% is rented.
The cost of living in Chesapeake is 115.8 %.
The unemployment rate in Chesapeake is 2.50%, and recent job growth is at 3.14%. Future job growth is projected at 43.19%.
The sales tax rate in Chesapeake is 6.00%, while the income tax rate is 5.75% .
School expenditures in Chesapeake are $12,959, and the school ratio is 14.6:1.
The average high temperature in July is 88.6 degrees, with an average low temperature in January of 30.9 degrees. The average rainfall is approximately 47.4 inches per year, with 5.3 inches of snow per year.