B-

Chesapeake, VA

Source:

Affordability Score: 65/100

Population: 222,272 · 6 ZIP codes

The affordability dashboard for Chesapeake, VA aggregates Census ACS 5-Year Estimates across 6 ZIP codes covering 222,272 residents, then layers in county-level federal data to produce an overall grade of B- (65/100). The headline inputs are median household income of $100,682, median home value of $372,614, median rent of $1,646 per month, and 36.6% of adults holding a bachelor's degree or higher. These four metrics alone explain most of the variance between city dashboards.

Cross-agency feeds widen the picture beyond Census demographics. HUD publishes a Fair Market Rent for a 2-bedroom in this county at $1,713 per month (studio $1,492, 1BR $1,512, 3BR $2,376, 4BR $2,797). Department of Labor data lists infant center-based childcare at $12,314 per year, consuming 12% of the local median household income.

Reading the overall grade requires reading all seven dimensions together. The score weights Income 20%, Safety 20%, Housing 15%, Rent 15%, Education 10%, Commute 10%, and Childcare 10%, with each sub-score benchmarked against national percentiles rather than state averages — so the grade is genuinely comparable across any city in the country. Strengths visible in the raw data for Chesapeake, VA include income, rent. Unemployment currently reads 4.6% and poverty 9.5% — numbers worth keeping alongside the headline grade.

Score Breakdown

Income A-
$100,682
Median household income
Education C+
36.6%
Bachelor's degree or higher
Housing D
3.7x
Home value $372,614 vs income
Commute C-
26 min
Average commute time
Rent B+
$1,713/mo
2BR fair market rent (20% of income)
Safety N/A
N/A
Violent crime rate (county)
Childcare C+
$12,314/yr
Center-based infant care (12% of income)

Income & Employment

Median Income
$100,682
▲ 62% vs national
Per Capita Income
$44,897
Unemployment Rate
4.6%
Poverty Rate
9.5%

Housing

Median Home Value
$372,614
▲ 35% vs national
Median Rent
$1,646/mo
Owner Occupied
75.3%
2BR Fair Market Rent
$1,713/mo
▲ 43% vs national

Fair Market Rents by Bedroom

Studio
$1,492
1BR
$1,512
2BR
$1,713
3BR
$2,376
4BR
$2,797

Safety

Violent Crime Rate
Data Source
FBI UCR (county-level)

Education & Family

Bachelor's Degree+
36.6%
▲ 7 ppt vs national
High School+
61.3%
Median Age
37.9
Avg. Commute
26 min
▼ 0 min vs national

Childcare Costs

Infant (Center)
$12,314/yr
12% of income
Toddler (Center)
$9,553/yr
Preschool (Center)
$9,353/yr
School-Age (Center)
$7,946/yr

What This Means

Chesapeake, VA receives an overall affordability grade of B- (65/100), aggregated from 6 ZIP codes with a total population of 222,272. This area performs well in income and rent. Data was unavailable for safety — these dimensions were excluded from the overall score.

Nearby City Dashboards

Explore Chesapeake ZIP Codes
View all 6 ZIP codes with demographics and individual scorecards
View ZIPs →

What are common questions about this dashboard?

Is Chesapeake, VA affordable?
Chesapeake, VA receives an overall affordability grade of B- (65/100) based on Census, HUD, FBI, and DOL data. Median household income is $100,682. Median home value is $372,614.
What is the cost of living in Chesapeake?
Key cost metrics: Median rent $1,646/mo. 2BR fair market rent $1,713/mo. Infant childcare $12,314/yr. Median home value $372,614.
How is the affordability score calculated?
The score evaluates 7 dimensions weighted by importance: Income (20%), Safety (20%), Housing (15%), Rent (15%), Education (10%), Commute (10%), and Childcare (10%). Each metric is compared against national percentile benchmarks from Census, HUD, FBI, and DOL data.

Data as of 2024. Source: U.S. Census Bureau ACS 5-Year Estimates. Source: HUD Fair Market Rents. Source: FBI Uniform Crime Report. Source: DOL National Database of Childcare Prices. Verify with HUD →