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

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Highlights
- Household income in Chesapeake, is 73% more than it is in Franklin and is 19% above the National Average.
- Franklin unemployment rate is 8.6%.
- Chesapeake unemployment rate is 5.0%.

Economy
 Franklin, VAChesapeake, VAUnited States
 Unemployment Rate8.6%5.0%6.0%
 Recent Job Growth1.5%1.3%1.6%
 Future Job Growth21.5%35.2%33.5%
 Sales Taxes6.0%6.0%6.2%
 Income Taxes5.8%5.8%4.6%
 Income per Cap.$26,519$38,952$37,638
 Household Income$49,424$85,563$69,021
 Family Median Income$59,741$99,873$85,028
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 Est. Households By Income
 Franklin, VAChesapeake, VAUnited States
 Income Less Than 15K12.8%5.4%9.4%
 Income between 15K and 20K5.7%2.3%3.8%
 Income between 20K and 30K14.9%6.2%8.1%
 Income between 30K and 40K7.0%6.0%8.0%
 Income between 40K and 50K10.7%6.5%7.6%
 Income between 50K and 60K8.7%8.1%7.2%
 Income between 60K and 75K7.3%9.8%9.6%
 Income between 75K and 100K12.3%13.8%12.8%
 Income between 100K and 150K15.1%21.4%16.3%
 Income between 150K and 200K5.0%11.0%7.8%
 Income greater than 200K0.4%9.6%9.5%
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 Population By Occupation
 Franklin, VAChesapeake, VAUnited States
 Management, business, finance13.4%17.1%16.4%
 Engineering, computers, science2.4%8.3%6.5%
 Community, social services1.5%2.4%1.8%
 Legal0.0%0.7%1.2%
 Education, library3.7%7.0%6.2%
 Arts, design, media, sports, entertainment0.0%1.6%2.0%
 Healthcare practitioners and technology5.8%6.4%6.2%
 Healthcare support9.5%2.8%3.3%
 Firefighters, law enforcement4.6%2.8%2.1%
 Food preparation, serving3.4%4.9%5.4%
 Building maintenance7.9%2.2%3.6%
 Personal care1.5%2.6%2.6%
 Sales, office, administrative support16.4%20.9%20.9%
 Farming, fishing, forestry0.0%0.0%0.6%
 Construction, extraction, maintenance/repair8.8%9.6%8.1%
 Production, transportation, material moving21.2%10.9%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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ZIPS IN FRANKLIN, VIRGINIA
23851
ZIPS IN CHESAPEAKE, VIRGINIA
23322 23320 23323 23321 23324 23325

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