 
          DOMINION BOULEVARD CORRIDOR STUDY  |  Chesapeake, Virginia
        
        
          174  |  Appendix
        
        
          
            Chesapeake Demographics
          
        
        
          Over 60% of households in Chesapeake City are headed by someone
        
        
          over the age of 45 and 87% of total household growth (2,550
        
        
          households per year) from 2013 to 2018 is projected to come from
        
        
          households 55 and older. This suggests a strong demand for future
        
        
          housing targeting an older buyer or renter. Younger households are
        
        
          
            
              Median Income by Census Tract
            
          
        
        
          
            
              Suffolk, Chesapeake, Portsmouth VA; 2013
            
          
        
        
          also projected to grow in the same time period.
        
        
          Household income in the city is high, as 31% of all households have an
        
        
          income over $100,000. Median income surrounding the subject area is
        
        
          also high, with the median income of the surrounding census tracts
        
        
          being above $75,000.
        
        
          
            2010 Median Income by
          
        
        
          
            Census Tracts
          
        
        
          
            $75,001or greater
          
        
        
          
            $60,001 - $75,000
          
        
        
          
            $45 001 $60 000
          
        
        
          
            
              Change in Age of Householder
            
          
        
        
          
            
              Chesapeake City, VA; 2013-2018
            
          
        
        
          
            
              Household Income Distribution
            
          
        
        
          
            
              Chesapeake City, VA; 2013
            
          
        
        
          
            ,
          
        
        
          
            -
          
        
        
          
            ,
          
        
        
          
            $30,001 - $45,000
          
        
        
          
            $30,000or less
          
        
        
          
            1,268
          
        
        
          
            201
          
        
        
          
            1,881
          
        
        
          
            2,999
          
        
        
          
            7 0% 6 3%
          
        
        
          
            9.1%
          
        
        
          
            13.0%
          
        
        
          
            18.3%
          
        
        
          
            15.4%
          
        
        
          
            20.1%
          
        
        
          
            6 9%
          
        
        
          
            -179
          
        
        
          
            -1,880
          
        
        
          
            .
          
        
        
          
            .
          
        
        
          
            .
          
        
        
          
            4.0%
          
        
        
          Less
        
        
          Than
        
        
          $15,000
        
        
          $15,000
        
        
          -
        
        
          $24,999
        
        
          $25,000
        
        
          -
        
        
          $34,999
        
        
          $35,000
        
        
          -
        
        
          $49,999
        
        
          $50,000
        
        
          -
        
        
          $74,999
        
        
          $75,000
        
        
          -
        
        
          $99,999
        
        
          $100,000
        
        
          -
        
        
          $149,999
        
        
          $150,000
        
        
          -
        
        
          $199,999
        
        
          Over
        
        
          $200,000
        
        
          Income Ranges
        
        
          Dominion Boulevard  |  City of Chesapeake  |  April 11, 2014 |  E4-11982.40
        
        
          29
        
        
          
            Source: Esri