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)
Read More
Learn more about Virginia, lending statistics in the following cities…