Chesapeake city, Virginia

Income Data

+26% vs. Virginia average
$94,189
Median Household Income
$43,819
Per Capita Income

At a Glance

Median Household Income
$94,189
+26% vs. state avg
Per Capita Income
$43,819
+11% vs. national
Income-to-Housing Ratio
26.2%
income as % of home value
Rank in Virginia
#28 / 133
by median household income

How Chesapeake city Compares

Chesapeake city$94,189
Virginia Average$74,957
National Median$74,755

Detailed Income Statistics

$94,189
Median Household Income
$43,819
Per Capita Income
$359,100
Median Home Value
26.2%
Income-to-Housing Ratio

Data Story

About Household Income in Chesapeake city, Virginia

Chesapeake earns well above U.S. average

Chesapeake's median household income of $94,189 runs 26% higher than the national median of $74,755, placing the city in the top tier of earners nationwide. This gap reflects Chesapeake's strong economic base and skilled workforce.

Third-highest earners in Virginia

With a median household income of $94,189, Chesapeake ranks among Virginia's highest-earning jurisdictions, outpacing the state average of $74,957 by nearly $20,000. Only a handful of Virginia counties exceed Chesapeake's earning power.

Competitive income, modest homes nearby

Chesapeake's $94,189 median sits between Culpeper County ($96,098) and Colonial Heights ($76,250), reflecting a diverse economic corridor in Hampton Roads. Median home values range from $231,700 in Colonial Heights to $386,400 in Culpeper, showing local real estate variation.

Income covers living costs comfortably

Chesapeake households spend just 19.4% of income on rent, well below the 30% affordability threshold, while median home values of $359,100 remain accessible to dual-income families. This healthy ratio indicates strong purchasing power relative to housing costs.

Build on Chesapeake's economic strength

With per capita income of $43,819 and manageable housing costs, Chesapeake households are positioned to invest beyond basic expenses. Consider wealth-building strategies like retirement accounts, home equity investments, and diversified portfolios to maximize your earning power.

Frequently Asked Questions

What is the median household income in Chesapeake city, Virginia?
The median household income in Chesapeake city, Virginia is $94,189, according to U.S. Census Bureau American Community Survey 2019-2023 5-Year Estimates. This represents the midpoint of all household incomes in the county.
How much do people earn in Chesapeake city?
The per capita income in Chesapeake city is $43,819, which represents the average income per person across the entire county population. The median household income — which accounts for all earners in a household — is $94,189.
How does Chesapeake city compare to the Virginia average?
Chesapeake city's median household income of $94,189 is higher than the Virginia state average of $74,957. The per capita income is $43,819, compared to the state average of $39,155.
What is the per capita income in Chesapeake city, Virginia?
The per capita income in Chesapeake city, Virginia is $43,819, according to U.S. Census Bureau American Community Survey 2019-2023 5-Year Estimates. Per capita income is calculated by dividing total personal income by total population, providing an average income figure per resident.
Why is Chesapeake city income higher than the Virginia average?
Chesapeake city's median household income of $94,189 is higher than the Virginia average of $74,957. This difference of $19,232 can be attributed to factors such as local industry mix, proximity to major employment centers, educational attainment levels, and cost of living. Counties with higher incomes often have a greater concentration of professional and technical occupations.
How does Chesapeake city rank for income in Virginia?
Chesapeake city ranks #28 out of 133 counties in Virginia by median household income (1 = highest). With a median household income of $94,189 and per capita income of $43,819, it falls in the top third of counties statewide.

Income Comparison Calculator

See how your household income compares in Chesapeake city

$
1.00x

Your income is above the Chesapeake city median

County median: $94,189 per year

vs. County Median

+0%

vs. State Average

+26%

vs. National Median

+26%

vs. Chesapeake city MedianAbout equal
vs. Virginia Average26% above
vs. National Median26% above

Income Adequacy

Monthly income covers median rent5.2x

Your monthly income ($7,849) vs. median rent ($1,523/mo). A ratio of 3.3x or higher means rent is under 30% of income.

Sponsored

Grow Your Wealth

See how your income stacks up in Chesapeake city, Virginia? Start investing smarter with a robo-advisor that builds a diversified portfolio for you.

Start Investing

Counties with Similar Income Levels

Sponsored

Compare Financial Products in Virginia

Compare savings accounts, CDs, and money market rates from top banks to make the most of your earnings.

Compare Rates

Data: U.S. Census Bureau, American Community Survey (ACS) 5-Year Estimates (2019-2023) — Informational only. Not financial or legal advice.