2025 Compare Cities Economy:
Chesapeake, VA vs Merritt Island, FL

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Highlights
- Household income in Merritt Island, is 9% less than it is in Chesapeake and is 12% above the National Average.
- Chesapeake unemployment rate is 5.0%.
- Merritt Island unemployment rate is 4.5%.
 Chesapeake, VAMerritt Island, FLUnited States
 Unemployment Rate  Unlock4.5%6.0%
 Recent Job Growth  Unlock1.9%1.6%
 Future Job Growth35.2%  Unlock33.5%
 Sales Taxes6.0%  Unlock6.2%
 Income Taxes  Unlock0.0%4.6%
 Income per Cap.$38,952  Unlock$37,638
 Household Income  Unlock$78,022$69,021
 Family Median Income$99,873  Unlock$85,028
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 Est. Households By Income
 Chesapeake, VAMerritt Island, FLUnited States
 Income Less Than 15K  Unlock5.3%9.4%
 Income between 15K and 20K2.3%  Unlock3.8%
 Income between 20K and 30K  Unlock6.5%8.1%
 Income between 30K and 40K6.0%  Unlock8.0%
 Income between 40K and 50K  Unlock8.1%7.6%
 Income between 50K and 60K8.1%  Unlock7.2%
 Income between 60K and 75K  Unlock10.7%9.6%
 Income between 75K and 100K13.8%  Unlock12.8%
 Income between 100K and 150K  Unlock17.9%16.3%
 Income between 150K and 200K11.0%  Unlock7.8%
 Income greater than 200K  Unlock12.2%9.5%
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 Population By Occupation
 Chesapeake, VAMerritt Island, FLUnited States
 Management, business, finance17.1%  Unlock16.4%
 Engineering, computers, science  Unlock10.6%6.5%
 Community, social services2.4%  Unlock1.8%
 Legal  Unlock1.3%1.2%
 Education, library7.0%  Unlock6.2%
 Arts, design, media, sports, entertainment  Unlock2.8%2.0%
 Healthcare practitioners and technology6.4%  Unlock6.2%
 Healthcare support  Unlock2.3%3.3%
 Firefighters, law enforcement2.8%  Unlock2.1%
 Food preparation, serving  Unlock6.7%5.4%
 Building maintenance2.2%  Unlock3.6%
 Personal care  Unlock2.6%2.6%
 Sales, office, administrative support20.9%  Unlock20.9%
 Farming, fishing, forestry  Unlock0.1%0.6%
 Construction, extraction, maintenance/repair9.6%  Unlock8.1%
 Production, transportation, material moving  Unlock9.1%13.1%
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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Reviews for Merritt Island    5 Reviews

Over 11 years ago

It can get hot in the summer, but you get a breeze off the ocean most afternoons. If you live on the waterways, it seems to be a little cooler. Winters are  More

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Over 14 years ago

New to the area, but soon to know more. Florida is a sunshine state  More

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Over 17 years ago

Coming from Virginia, the Merritt Island architecture leaves a lot to be desired. Hurricane season (June - November) causes me a lot of  More

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