Zip 23322 (Chesapeake, VA) Economy


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23322 Chesapeake, VA is an ideal place to live due to its affordability and local amenities. The 2 Bedroom Rent in 23322 Chesapeake, VA is $1,770 which is much lower than the US average of $1,430. Additionally, the Grocery Cost Index in this area is 103 versus 100 in the US making it a cost-effective location to reside. 23322 Chesapeake, VA also offers several amenities such as shopping centers like Greenbrier Mall and movie theaters such as AMC Lynnhaven 18. Additionally, there are restaurants like Applebee's and fast food chains like Burger King that offer great dining options. This community also offers many local companies that provide employment opportunities such as Sentara Healthcare and Stihl Incorporated. All these factors make 23322 Chesapeake, VA an attractive choice for those looking for affordable housing with plenty of local amenities available at their disposal.

Chesapeake (zip 23322) has an unemployment rate of 5.0%. The US average is 6.0%.

Chesapeake (zip 23322) has seen the job market increase by 1.3% over the last year. Future job growth over the next ten years is predicted to be 35.2%, which is higher than the US average of 33.5%.

Tax Rates for Chesapeake (zip 23322)
- The Sales Tax Rate for Chesapeake (zip 23322) is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Chesapeake (zip 23322) is 5.8%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.

Income and Salaries for Chesapeake (zip 23322)
- The average income of a Chesapeake (zip 23322) resident is $33,859 a year. The US average is $28,555 a year.
- The Median household income of a Chesapeake (zip 23322) resident is $118,459 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyChesapeake, VirginiaUnited States
  56
  -5.8%-6.2%
  35.2%33.5%
  6.0%6.2%
  5.8%4.6%
  $46,063$37,638
  $118,459$69,021
  $130,310$85,028
  Population by Occupation
  0.1%1.2%
  0.0%0.5%
  6.3%6.8%
  6.0%10.0%
  2.6%2.5%
  9.0%11.0%
  3.8%4.8%
  1.7%0.8%
  2.3%1.9%
  4.5%4.7%
  2.1%1.9%
  10.5%7.6%
  0.0%0.1%
  3.4%4.2%
  12.4%9.3%
  12.0%14.0%
  1.2%2.1%
  7.3%7.0%
  4.1%4.8%
  10.6%4.7%
Reviews for Chesapeake
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Over 18 years ago

Don't ever move to Chesapeake--especially if you're a minority! The roads, sewage system, and water is bad. The cops are racist and belligerent against minorities.   More

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