Chesapeake is a mid-sized city in VA with a population of 235,429 residents. With a median home price of $494,829 (41% above the national median) and median household income of $76,830, Chesapeake is considered somewhat expensive with a price-to-income ratio of 6.4x.
The real estate market in Chesapeake features a median home price of $494,829, which is 41% higher than the U.S. national median of $350,000. Monthly rent averages $2,062, 37% above the national average. Over the past decade, rent has increased by 57%.
Chesapeake has a diverse population that represents a wide range of backgrounds, ages, and household types contributing to the city's vibrant community.
Chesapeake offers a median household income of $76,830, which is 10% higher than the national median of $70,000. Residents spend approximately 32% of their income on rent annually, which may pose affordability challenges for some households.
Understanding the climate of Chesapeake is important for those considering relocating. Weather patterns affect daily life, activities, and overall comfort.
See how Chesapeake compares to other popular destinations. Compare cost of living, housing prices, and quality of life.
The median home price in Chesapeake is $494,829, with average monthly rent of $2,062. The median household income is $76,830, giving the city a price-to-income ratio of 6.4x.
Chesapeake is considered expensive with a price-to-income ratio of 6.4x, above the national average of 5x.
Chesapeake has a population of 235,429 residents, making it the #112 largest city in the United States.
Chesapeake has a violent crime rate of 226 per 100,000 residents, which is below the national average. The property crime rate is 1449 per 100,000 residents.
Estates is a comprehensive cost of living comparison platform that helps you compare cities across the United States. We provide data on housing prices, rent, income, crime rates, demographics, and climate to help you make informed relocation decisions. Our data comes from trusted sources including Zillow, the U.S. Census Bureau, FBI, and NOAA.
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