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2024 Compare Cities Economy:
Federal Way, WA vs Chesapeake, VA

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Highlights
- Household income in Chesapeake, is 17% more than it is in Federal Way and is 19% above the National Average.
- Federal Way unemployment rate is 7.1%.
- Chesapeake unemployment rate is 5.0%.

Economy
 Federal Way, WAChesapeake, VAUnited States
 Unemployment Rate7.1%5.0%6.0%
 Recent Job Growth2.6%1.3%1.6%
 Future Job Growth39.7%35.2%33.5%
 Sales Taxes10.0%6.0%6.2%
 Income Taxes0.0%5.8%4.6%
 Income per Cap.$34,474$38,952$37,638
 Household Income$72,969$85,563$69,021
 Family Median Income$85,369$99,873$85,028
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 Est. Households By Income
 Federal Way, WAChesapeake, VAUnited States
 Income Less Than 15K8.2%5.4%9.4%
 Income between 15K and 20K2.8%2.3%3.8%
 Income between 20K and 30K7.1%6.2%8.1%
 Income between 30K and 40K6.7%6.0%8.0%
 Income between 40K and 50K8.4%6.5%7.6%
 Income between 50K and 60K6.4%8.1%7.2%
 Income between 60K and 75K12.0%9.8%9.6%
 Income between 75K and 100K12.7%13.8%12.8%
 Income between 100K and 150K19.1%21.4%16.3%
 Income between 150K and 200K8.8%11.0%7.8%
 Income greater than 200K7.9%9.6%9.5%
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 Population By Occupation
 Federal Way, WAChesapeake, VAUnited States
 Management, business, finance15.1%17.1%16.4%
 Engineering, computers, science5.2%8.3%6.5%
 Community, social services1.7%2.4%1.8%
 Legal0.7%0.7%1.2%
 Education, library4.3%7.0%6.2%
 Arts, design, media, sports, entertainment1.3%1.6%2.0%
 Healthcare practitioners and technology3.0%6.4%6.2%
 Healthcare support5.0%2.8%3.3%
 Firefighters, law enforcement1.5%2.8%2.1%
 Food preparation, serving6.7%4.9%5.4%
 Building maintenance4.8%2.2%3.6%
 Personal care2.7%2.6%2.6%
 Sales, office, administrative support20.4%20.9%20.9%
 Farming, fishing, forestry0.4%0.0%0.6%
 Construction, extraction, maintenance/repair9.5%9.6%8.1%
 Production, transportation, material moving17.6%10.9%13.1%

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Reviews for Federal Way    14 Reviews

Over 5 years ago

A suburb of The Emerald City (Seattle, WA), Federal Way has become yet another go-to place for affluent travelers and transplants from states all over the nation. The  More

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I want to move my family to austin i havent bin there but we want some ware housing is affortable i have four boys age 6,3,2 and a baby of 2 months and ware theres jobs  More

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I have lived in Brooklyn NY, West Palm Beach & Port St Lucie, FL and now Federal Way, WA. While the cost of living here is higher than Florida, it is definitely lower  More

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Reviews for Chesapeake    33 Reviews

I lived here in Virginia near the Cedar Rd. not so far from Tidewater Community college. If you want a great place to live to raise children, its Chesapeake  More

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I live around this area currently, in the "Hampton Roads". Which consists of Virginia Beach, Suffolk, Norfolk, Portsmouth, Newport News, Hampton, and Chesapeake. We're  More

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I was born in Hampton Roads and lived there for more than 65 years. We lived in the city of Chesapeake for three years from 2014-2017. Frankly, we were very glad to  More

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ZIPS IN FEDERAL WAY, WASHINGTON
98023 98003
ZIPS IN CHESAPEAKE, VIRGINIA
23322 23320 23323 23321 23324 23325

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