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2024 Compare Cities Economy:
Smithfield, VA vs Chesapeake, VA

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Highlights
- Household income in Chesapeake, is 8% less than it is in Smithfield and is 19% above the National Average.
- Smithfield unemployment rate is 4.6%.
- Chesapeake unemployment rate is 5.0%.

Economy
 Smithfield, VAChesapeake, VAUnited States
 Unemployment Rate4.6%5.0%6.0%
 Recent Job Growth1.5%1.3%1.6%
 Future Job Growth33.3%35.2%33.5%
 Sales Taxes6.0%6.0%6.2%
 Income Taxes5.8%5.8%4.6%
 Income per Cap.$45,842$38,952$37,638
 Household Income$92,913$85,563$69,021
 Family Median Income$111,944$99,873$85,028
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 Est. Households By Income
 Smithfield, VAChesapeake, VAUnited States
 Income Less Than 15K10.3%5.4%9.4%
 Income between 15K and 20K2.5%2.3%3.8%
 Income between 20K and 30K8.2%6.2%8.1%
 Income between 30K and 40K6.7%6.0%8.0%
 Income between 40K and 50K4.4%6.5%7.6%
 Income between 50K and 60K4.8%8.1%7.2%
 Income between 60K and 75K8.9%9.8%9.6%
 Income between 75K and 100K8.9%13.8%12.8%
 Income between 100K and 150K23.7%21.4%16.3%
 Income between 150K and 200K12.3%11.0%7.8%
 Income greater than 200K9.3%9.6%9.5%
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 Population By Occupation
 Smithfield, VAChesapeake, VAUnited States
 Management, business, finance20.0%17.1%16.4%
 Engineering, computers, science8.0%8.3%6.5%
 Community, social services0.9%2.4%1.8%
 Legal0.5%0.7%1.2%
 Education, library5.8%7.0%6.2%
 Arts, design, media, sports, entertainment1.2%1.6%2.0%
 Healthcare practitioners and technology7.0%6.4%6.2%
 Healthcare support1.1%2.8%3.3%
 Firefighters, law enforcement2.4%2.8%2.1%
 Food preparation, serving2.2%4.9%5.4%
 Building maintenance5.0%2.2%3.6%
 Personal care1.2%2.6%2.6%
 Sales, office, administrative support18.4%20.9%20.9%
 Farming, fishing, forestry0.2%0.0%0.6%
 Construction, extraction, maintenance/repair11.5%9.6%8.1%
 Production, transportation, material moving14.6%10.9%13.1%

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Reviews for Smithfield    4 Reviews

The entire Isle of Wight area is incredibly racist and a good old boys town. I came to the Hampton Roads area to get away from the racism in the mountains. The areas of  More

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I lived in Smithfield for a few years.not for me.lots of litter,human feces in the phone booth,hot and to Southern for  More

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Over 12 years ago

Smithfield, VA is a bedroom community that has no major industry and has been over developed with houses driving the value of houses down across the entire county. I  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 SMITHFIELD, VIRGINIA
23430
ZIPS IN CHESAPEAKE, VIRGINIA
23322 23320 23323 23321 23324 23325

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