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
$75,001 or 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
$30,000 or 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
