Chesapeake, VA
CHESAPEAKE, VIRGINIA: Demographic and Financial Snapshot
(Last updated on 12.22.20)
AGE IN CHESAPEAKE, VIRGINIA
| Age Range | Population | Percent |
| 20 to 24 years | 15,267 | 6.4% |
| 25 to 29 years | 16,703 | 7.0% |
| 30 to 34 years | 16,973 | 7.1% |
| 35 to 39 years | 16,443 | 6.9% |
| 40 to 44 years | 15,396 | 6.5% |
| 45 to 49 years | 15,798 | 6.6% |
| 50 to 54 years | 17,382 | 7.3% |
| 55 to 59 years | 16,944 | 7.1% |
| 60 to 64 years | 13,617 | 5.7% |
| 65 to 69 years | 10,113 | 4.3% |
| 70 to 74 years | 8,133 | 3.4% |
| 75 to 79 years | 5,431 | 2.3% |
| 80 to 84 years | 3,027 | 1.3% |
| 85+ years | 3,125 | 1.3% |
The median age in Chesapeake is 36.7 years
Source: US Census Data; https://data.census.gov/cedsci
Survey/Program: American Community Survey (2018 estimates)
Data Point: Age
ETHNICITY IN CHESAPEAKE, VIRGINIA
| Ethnicity | Population | Percent |
| White | 146,670 | 60.4% |
| Black or African American | 72,849 | 30.0% |
| American Indian and Alaska Native | 212 | 0.1% |
| Asian | 9,053 | 3.7% |
| Native Hawaiian and Other Pacific Islander | 128 | 0.1% |
| Other | 4,698 | 1.9% |
Source: US Census; https://data.census.gov/cedsci
Survey/Program: American Community Survey (2018 estimates)
Data Point: Race
EDUCATION IN CHESAPEAKE, VIRGINIA
| Education Level | Population | Percent |
| Less than 9th grade | 3,594 | 2.2% |
| 9th to 12th grade, no diploma | 11,459 | 7.0% |
| High school graduate (includes GED) | 40,613 | 24.7% |
| Some college, no degree | 38,164 | 23.2% |
| Associate’s degree | 17,963 | 10.9% |
| Bachelor’s degree | 32,329 | 19.6% |
| Graduate or professional degree | 20,623 | 12.5% |
| High school graduate or higher | 149,692 | 90.9% |
| Bachelor’s degree or higher | 52,952 | 32.1% |
| Less than Bachelor’s degree | 111,793 | 67.9% |
Source: US Census; https://data.census.gov/cedsci
Survey/Program: American Community Survey (2018 estimates)
Data Point: Education (population 25+ years)
HOUSEHOLD INCOME IN CHESAPEAKE, VIRGINIA
| Annual Household Income | Percent |
| Less than $10,000 | 3.9% |
| $10,000 to $14,999 | 2.8% |
| $15,000 to $24,999 | 5.8% |
| $25,000 to $34,999 | 7.0% |
| $35,000 to $49,999 | 11.5% |
| $50,000 to $74,999 | 18.4% |
| $75,000 to $99,999 | 15.3% |
| $100,000 to $149,999 | 20.1% |
| $150,000 to $199,999 | 8.8% |
| $200,000 or more | 6.5% |
Median household income: $75,790
Mean household income: $92,716
Source: US Census; https://data.census.gov/cedsci
Survey/Program: American Community Survey (2018 estimates)
Data Point: Household Income
HOUSEHOLD INCOME BY EDUCATION IN CHESAPEAKE, VIRGINIA
| Education Level | Average Income |
| Less than high school graduate | $22,037 |
| High school graduate (includes GED) | $32,391 |
| Some college or Associate’s degree | $41,210 |
| Bachelor’s degree | $54,111 |
| Graduate or professional degree | $72,064 |
Source: US Census; https://data.census.gov/cedsci
Survey/Program: American Community Survey (2018 estimates)
Data Point: Median earnings in past 12 months by education (population 25+ years with earnings)
MARITAL STATUS IN CHESAPEAKE, VIRGINIA
| Population | Percent | |
| Population 15+ years | 192,354 | NA |
| Never married | 56,781 | 29.5% |
| Now married (except separated) | 102,715 | 53.4% |
| Separated | 4,623 | 2.4% |
| Widowed | 9,489 | 4.9% |
| Divorced | 18,746 | 9.7% |
Source: US Census; https://data.census.gov/cedsci
Survey/Program: American Community Survey (2018 estimates)
Data Point: Marital Status for population 15 years and over
POVERTY STATUS IN CHESAPEAKE, VIRGINIA
| Population | Percent | |
| Living beneath poverty line | 20,768 | 9.0% |
Source: US Census; https://data.census.gov/cedsci
Survey/Program: American Community Survey (2018 estimates)
Data Point: Poverty Rate
HOUSING IN CHESAPEAKE, VIRGINIA
| Owner-occupied housing units | 60,083 |
| Renter-occupied housing units | 24,147 |
| Single-family detached units | 60,637 |
| Homeownership rate | 71.3% |
| Vacancy rate | 6.3% |
| Renters rate | 88.5% |
| Average housing value | $281,872 |
| Average monthly owner cost (with mortgage) | $1,483 |
| Average rent | $1,101 |
Source: US Census; https://cbb.census.gov/rae/#
Survey/Program: 2009-2013 and the 2014-2018 American Community Survey 5-Year Estimates
Data Point: Housing Characteristics
SOCIOECONOMIC CHARACTERISTICS IN CHESAPEAKE, VIRGINIA
| Average income | $92,716 |
| Average household size | 2.75 |
| Percent population 16 years and over in labor force | 66.0% |
| Percent disabled | 10.8% |
| Percent with health coverage | 92.5% |
| Average travel time to work (in minutes) | 26.4 |
| Percent workers using public transportation | 0.5% |
| Percent veterans | 15.7% |
| Percent foreign born | 5.7% |
| Percent speaking Spanish at home | 1.1% |
Source: US Census; https://cbb.census.gov/rae/#
Survey/Program: 2009-2013 and the 2014-2018 American Community Survey 5-Year Estimates
Data Point: Socioeconomic Characteristics
CONSUMER SPENDING IN CHESAPEAKE, VIRGINIA
| Total consumer expenditures per household | $82,779.06 |
| Alcoholic beverages | $649.77 |
| Alcoholic beverages consumed at home | $384.72 |
| Beer consumed away from home | $111.38 |
| Wine consumed away from home | $61.53 |
| Apparel & services | $2,362.97 |
| Men’s apparel | $452.82 |
| Women’s apparel | $801.85 |
| Children’s apparel | $357.68 |
| Boys’ apparel | $125.50 |
| Girls’ apparel | $135.39 |
| Footwear | $520.87 |
| Dining out (food away from home) | $4,056.85 |
| Dining out – Breakfast | $406.08 |
| Dining out – Lunch | $1,254.53 |
| Dining out – Dinner | $1,902.79 |
| Education | $1,801.31 |
| Entertainment / recreation | $3,620.71 |
| Club membership fees | $276.34 |
| Dating services | $0.79 |
| Pet food | $280.65 |
| Pet services | $77.21 |
| Food consumed at home | $5,631.07 |
| Bakery products consumed at home | $741.36 |
| Dairy products consumed at home | $580.95 |
| Fruits and vegetables consumed at home | $1,114.56 |
| Meat, poultry, fish, eggs consumed at home | $1,234.98 |
| Nonalcoholic beverages consumed at home | $542.03 |
| Snacks / other food products consumed at home | $1,959.22 |
| Health care | $6,563.94 |
| Medical services | $1,231.55 |
| Nonprescription drugs | $158.34 |
| Household Services | $2,325.86 |
| Care for the elderly and handicapped | $79.46 |
| Lawn and garden services | $526.34 |
| Housekeeping services | $212.51 |
| PC repair | $7.32 |
| Housing | $25,747.58 |
| Home improvements | $3,159.15 |
| Utilities, fuel, and public services | $5,272.02 |
| Phone services | $1,903.69 |
| Water | $797.85 |
| Life and other insurance | $524.80 |
| Pensions and social security | $9,290.81 |
| Personal care products and services | $1,004.35 |
| Hair care products | $120.02 |
| Personal care products | $448.37 |
| Local transportation | $9,255.46 |
| Gasoline | $2,382.39 |
| Vehicle maintenance and repair | $1,273.69 |
| Travel | $2,558.74 |
| Airline fares | $622.12 |
| Auto / truck rental on trips | $30.30 |
| Lodging on trips | $712.22 |
| Food and drink on trips | $613.46 |
| Entertainment on trips | $218.64 |
Source: US Census; https://cbb.census.gov/rae/#
Survey/Program: 2009-2013 and the 2014-2018 American Community Survey 5-Year Estimates
Data Point: Consumer Spending (Consumer expenditures per household)
DEBT IN CHESAPEAKE, VIRGINIA
| % with any debt in collections | 33% |
| Average debt in collections | $1,834 |
| % with medical debt in collections | 23% |
| Average medical debt in collections | $742 |
| % with student loan debt | 22% |
| Average student loan debt | $19,932 |
| Average monthly student loan payment | $183 |
| % with auto debt | 36% |
Source: Urban Institute; https://apps.urban.org/features/debt-interactive-map/
Survey/Program: Data from credit bureau data (2018) + the US Census Bureau’s American Community Survey (2017)
Data Point: Consumer Debt
UNEMPLOYMENT IN CHESAPEAKE, VIRGINIA
| Year | Population | Percent |
| January 2019 | 4,226 | 3.5% |
| February 2019 | 3,954 | 3.2% |
| March 2019 | 3,760 | 3.0% |
| April 2019 | 3,108 | 2.5% |
| May 2019 | 3,453 | 2.8% |
| June 2019 | 3,719 | 3.0% |
| July 2019 | 3,815 | 3.0% |
| August 2019 | 3,859 | 3.1% |
| September 2019 | 3,370 | 2.7% |
| October 2019 | 3,300 | 2.7% |
| November 2019 | 3,159 | 2.6% |
| December 2019 | 3,067 | 2.5% |
| January 2020 | 3,759 | 3.0% |
| February 2020 | 3,395 | 2.7% |
| March 2020 | 4,146 | 3.3% |
| April 2020 | 12,074 | 10.2% |
| May 2020 | 10,312 | 8.6% |
| June 2020 | 9,757 | 8.0% |
| July 2020 | 9,976 | 8.1% |
| August 2020 | 7,852 | 6.4% |
| September 2020 | 7,388 | 6.2% |
Source: US Bureau of Labor Statistics; https://www.bls.gov/lau/data.htm
Survey/Program: Local Area Employment Statistics
Data Point: Unemployment totals (not seasonally adjusted)
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