DOMINION BOULEVARD CORRIDOR STUDY | Chesapeake, Virginia
222 | Appendix
Exhibit I-7
HOUSEHOLD AND ECONOMIC GROWTH SUMMARIES
CHESAPEAKE CITY AND VIRGINIA BEACH-NORFOLK-NEWPORT NEWS, VA-NC METROPOLITAN STATISTICAL AREA
2000-2018
Population
Avg. Annual Growth
Annual Growth Rate
2000
2013
2018
2000-2013
2013-2018
2000-2013
2013-2018
Chesapeake
199,184
222,209
227,289
1,771
1,016
0.85%
0.45%
MSA Moodys
1,581,131 1,707,874 1,764,351
9,749
11,295
0.59%
0.65%
MSA Esri
1,580,057 1,676,822 1,699,366
7,443
4,509
0.46%
0.27%
Study Area
2,615
2,658
2,762
3
21
0.13%
0.77%
Households
Avg. Annual Growth
Annual Growth Rate
2000
2013
2018
2000-2013
2013-2018
2000-2013
2013-2018
Chesapeake
69,900
81,548
85,838
896
858
1.19%
1.03%
MSA Moodys
582,153
643,643
677,549
4,730
6,781
0.78%
1.03%
MSA Esri
581,560
640,653
661,123
4,546
4,094
0.75%
0.63%
Study Area
850
863
898
1
7
0.12%
0.80%
Median Income
Avg. Annual Growth
Annual Growth Rate
2000
2013
2018
2000-2013
2013-2018
2000-2013
2013-2018
Chesapeake
$68,489
$79,697
$2,242
3.08%
MSA Moodys
$42,135
$51,902
$60,104
$751
$1,640
1.62%
2.98%
MSA Esri
$56,342
$64,428
$1,617
2.72%
Study Area
$106,462
$116,548
$2,017
1.83%
Median Home Value
Avg. Annual Growth
Annual Growth Rate
2000
2013
2018
2000-2013
2013-2018
2000-2013
2013-2018
Chesapeake
$256,360
$296,356
$7,999
2.94%
MSA Moodys
$113,373
$197,003
$244,244
$6,433
$9,448
4.34%
4.39%
MSA Esri
$228,287
$272,331
$8,809
3.59%
Study Area
$348,526
$379,502
$6,195
1.72%
SOURCE: Esri; Moody's Economy.com
Exhibit I-7
E4-11982.40
Printed: 3/27/2014
CITY OF CHESAPEAKE
