Zip 23323 (Chesapeake, VA) Economy


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23323 Chesapeake, VA is a great place to live with many amenities. The 2 bedroom rent in the area is $1,470 which is slightly above the national average of $1,430. Grocery prices are on par with the US average at 100. There are many local companies such as The Crab Shack Seafood Restaurant, Cinema Cafe Greenbrier, and Sandbridge Beach Life that offer unique experiences to locals. Additionally, there are multiple educational institutions in the area including Tidewater Community College and University of Phoenix - Hampton Roads Campus for those looking to further their education. Residents can access healthcare services from nearby Chesapeake Regional Medical Center or Sentara Leigh Memorial Hospital. 23323 Chesapeake provides an excellent quality of life for those living in the area.

Chesapeake (zip 23323) has an unemployment rate of 5.0%. The US average is 6.0%.

Chesapeake (zip 23323) 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 23323)
- The Sales Tax Rate for Chesapeake (zip 23323) is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Chesapeake (zip 23323) 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 23323)
- The average income of a Chesapeake (zip 23323) resident is $27,658 a year. The US average is $28,555 a year.
- The Median household income of a Chesapeake (zip 23323) resident is $92,900 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%
  $36,689$37,638
  $92,900$69,021
  $102,702$85,028
  Population by Occupation
  0.0%1.2%
  0.0%0.5%
  7.4%6.8%
  6.7%10.0%
  2.3%2.5%
  10.3%11.0%
  5.3%4.8%
  1.2%0.8%
  1.2%1.9%
  5.3%4.7%
  1.5%1.9%
  8.3%7.6%
  0.3%0.1%
  4.0%4.2%
  8.1%9.3%
  11.7%14.0%
  1.3%2.1%
  8.2%7.0%
  5.5%4.8%
  11.5%4.7%
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