Median House Value
– The median value of housing units in each NSA.
2012 median assessed value data was collected for census block groups in Chesapeake.
Source: U.S. Census Bureau, American Community Survey 2012 5-Year Estimates.
Change in Housing Values
– Percent change in residential house value was calculated using the
following equation:
2012 assessed value for NSA – 2000 assessed value for NSA
* 100
= % Change in House
Value
2000 assessed value for NSA
Some block group geographic boundaries shifted between 2000 and 2010. In these instances,
comparisons were made between the block groups whose geographic boundaries or areas most
closely aligned.
Source: U.S. Census Bureau, 2000 Census, American Community Survey 2012 5-Year Estimates.
Percentage of Neighborhood that is Residential
– The proportion of the NSA area that is
residential, whether developed or not.
The percentage is equal to the total area of residential tax parcels in each NSA that is divided by
the total area of each NSA.
Source: Real Estate Assessor, Chesapeake, 2012.
Percentage of Residential Apartment Units –
The percentage of apartment units per NSA.
The number of mobile homes, apartments, condos and residential parcels per NSA was summed
to find the total number of residential units. (A one structure to one parcel ratio was assumed for
non-apartment and non-mobile home housing). The total number of apartments per
neighborhood was divided by the total number of residential units to find the percentage of
residential apartment units.
Sources: Information Technology, Chesapeake, 2012.
Real Estate Assessor, Chesapeake, 2012.
Area (Acres)
– The number of acres comprising each NSA.
The number of acres per NSA was calculated using the Area tool in GIS.
Source: Information Technology, 2013.
Overlays –
Urban, Suburban and Rural Overlays were adopted by City Council in May 2005.
November 2014
A-15