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2024 Compare Cities Economy:
Chesapeake, VA vs Troy, MI

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Highlights
- Household income in Troy, is 26% more than it is in Chesapeake and is 36% above the National Average.
- Chesapeake unemployment rate is 5.0%.
- Troy unemployment rate is 2.9%.

Economy
 Chesapeake, VATroy, MIUnited States
 Unemployment Rate5.0%2.9%6.0%
 Recent Job Growth1.3%0.3%1.6%
 Future Job Growth35.2%39.6%33.5%
 Sales Taxes6.0%6.0%6.2%
 Income Taxes5.8%4.3%4.6%
 Income per Cap.$38,952$51,031$37,638
 Household Income$85,563$107,550$69,021
 Family Median Income$99,873$131,044$85,028
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 Est. Households By Income
 Chesapeake, VATroy, MIUnited States
 Income Less Than 15K5.4%6.1%9.4%
 Income between 15K and 20K2.3%1.3%3.8%
 Income between 20K and 30K6.2%4.6%8.1%
 Income between 30K and 40K6.0%4.2%8.0%
 Income between 40K and 50K6.5%3.9%7.6%
 Income between 50K and 60K8.1%5.0%7.2%
 Income between 60K and 75K9.8%7.2%9.6%
 Income between 75K and 100K13.8%13.6%12.8%
 Income between 100K and 150K21.4%21.7%16.3%
 Income between 150K and 200K11.0%12.8%7.8%
 Income greater than 200K9.6%19.4%9.5%
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 Population By Occupation
 Chesapeake, VATroy, MIUnited States
 Management, business, finance17.1%23.2%16.4%
 Engineering, computers, science8.3%20.2%6.5%
 Community, social services2.4%1.0%1.8%
 Legal0.7%1.2%1.2%
 Education, library7.0%5.8%6.2%
 Arts, design, media, sports, entertainment1.6%1.9%2.0%
 Healthcare practitioners and technology6.4%9.2%6.2%
 Healthcare support2.8%1.6%3.3%
 Firefighters, law enforcement2.8%0.7%2.1%
 Food preparation, serving4.9%2.8%5.4%
 Building maintenance2.2%2.3%3.6%
 Personal care2.6%2.5%2.6%
 Sales, office, administrative support20.9%18.2%20.9%
 Farming, fishing, forestry0.0%0.1%0.6%
 Construction, extraction, maintenance/repair9.6%3.5%8.1%
 Production, transportation, material moving10.9%5.8%13.1%

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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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Reviews for Troy    9 Reviews

Over 3 years ago

, corruption is like  More

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Over 5 years ago

no one ever visited Troy, that writes this stuff,, Troy has a Black out, of any city corruption, most of the elected city are from the same zip code. and the heavy  More

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Over 7 years ago

This is the safest place to live in Michigan. The schools are ranked in the top of both the state and in the US. When our kids graduated 98% of the graduates went on  More

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ZIPS IN CHESAPEAKE, VIRGINIA
23322 23320 23323 23321 23324 23325
ZIPS IN TROY, MICHIGAN
48085 48083 48098 48084

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