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Independent city in Virginia, United States

Chesapeake

$410kMedian Home
313Sunny Days/yr
67°FAvg High Temp
View on Map· Pop. 3k· Elev. 36 ftWikipedia

Chesapeake is an independent city in Virginia, United States. At the 2020 census, the population was 249,422, making it the second-most populous city in Virginia, the tenth largest in the Mid-Atlantic, and the 92nd-most populous city in the United States.Wikipedia

About the RegionSoutheast

The Southeast has become the most active real estate market in the United States. Charlotte, Raleigh, Atlanta, and Nashville's broader metro have all absorbed sustained in-migration driven by warmer weather, relatively lower housing costs than comparable Sun Belt metros, and — in Florida and Tennessee — no state income tax. The Research Triangle between Raleigh, Durham, and Chapel Hill has emerged as a genuine rival to established tech corridors, anchored by Duke, UNC, and NC State.

The region's rapid growth has created real affordability pressure in cities that were bargains a decade ago. Asheville, Savannah, and coastal Florida markets have seen sharp appreciation, narrowing the cost advantage that drew transplants in the first place. Coastal areas across the Southeast also carry increasing flood and hurricane insurance costs as storm frequency and severity trends upward. Long, hot, and humid summers are a material lifestyle consideration — June through September in much of the region is genuinely intense.

02

Current Conditions

03

Cost of Living

Housing
$2k/mo
Median Rent
$410k
Median Home Price
Rent burden47% of income
Household Income
$51k
Median annual
04

Livability

School Rating
8.6/10
Internet
Fiber
53%
Cable
96%
address availability
05

Climate

Sunshine
313
sunny days per year
86% of the year
Avg High Temp
67°F
annual average
Comfort Score
83/100
Great
Temp Swing
38°F
seasonal high-temp spread
Rainfall
44"
inches per year
Air Quality
50
Good AQI
06

Natural Hazard Risk

Flood Risk
minimal
FEMA classification
Wildfire Risk
minimal
FEMA rating
07

Demographics

Population3k
Altitude36 ftabove sea level
Median Age55 yrs
College Educated31%bachelor's or higher
Work From Home17%of workforce
Poverty Rate13%

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