Economy in Chesapeake, Virginia
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Economy
| Unemployment Rate | 6.30% | 9.10% |
| Recent Job Growth | -0.65% | -0.12% |
| Future Job Growth | 32.40% | 31.25% |
| Sales Taxes | 5.00% | 6.80% |
| Income Taxes | 5.75% | 6.25% |
| Income per Cap. | $28,400 | $27,067 |
| Household Income | $67,570 | $52,954 |
| ESTIMATED HOUSEHOLDS BY HOUSEHOLD INCOME | | |
| Income Less Than 15K | 6.97% | 12.10% |
| Income between 15K and 25K | 6.63% | 10.18% |
| Income between 25K and 35K | 7.98% | 10.56% |
| Income between 35K and 50K | 13.30% | 14.98% |
| Income between 50K and 75K | 21.72% | 19.53% |
| Income between 75K and 100K | 18.38% | 12.52% |
| Income between 100K and 150K | 16.87% | 12.14% |
| Income between 150K and 250K | 5.30% | 3.91% |
| Income between 250K and 500K | 2.40% | 3.34% |
| Income greater than 500K | 0.45% | 0.75% |
| POPULATION BY OCCUPATION | | |
| Management, Business, and Financial Operations | 15.25% | 13.81% |
| Professional and Related Occupations | 23.51% | 22.68% |
| Service | 11.69% | 14.51% |
| Sales and Office | 26.75% | 25.22% |
| Farming, Fishing, and Forestry | 0.23% | 0.68% |
| Construction, Extraction, and Maintenance | 10.03% | 9.37% |
| Production, Transportation, and Material Moving | 13.11% | 15.86% |
The unemployment rate in Chesapeake, VA, is 6.30%, with job growth of -0.65%. Future job growth over the next ten years is predicted to be 32.40%.
Chesapeake, VA Taxes
Chesapeake, VA,sales tax rate is 5.00%. Income tax is 5.75%.
Chesapeake, VA Income and Salaries
The income per capita is $28,400, which includes all adults and children. The median household income is $67,570.
Chesapeake Economy SperlingViews
Traffic-Yuuk!!!: This area for its relative size has the worst traffic. the numerous bridges and tunnels, military base traffic and tourists keep traffic in this region highly... (read more)Climate in Chesapeake: It is really wonderful here. A little warm in the summer, but proximity to the ocean keeps the breezes coming. Everything is very flat, so put the sleds away (not much... (read more)re: I thought it was a great area - 7/26/2006: I experience the complete opposite on a daily bases. I find it to be boring and the people rude. The shopping is HORRIBLE unless you only shop at Target or Walmart.... (read more)Have an opinion about Chesapeake? Leave a commentTo See All SperlingViews for Chesapeake Click Here
