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Chesapeake

Chesapeake in Hampton Roads

Chesapeake has added dozens of companies to the list of places they call home each year. Their successes are bringing national attention to the City and Chesapeake is fast becoming a household name. Chesapeake is consistently ranked as one of the best places to live and one of the safest places to live. With highly educated residents, tight-knit neighborhoods, a top-performing public school system, a growing entrepreneurial base and an excellent quality of life, it’s easy to see why Chesapeake is a great place to do business.


 

Population - 2010
Total Population 222,209
Total Households 79,574
Median Age 37.0
*Source: 2010 Census

Age Breakout
0-19 years 28.7%
20-24 years 6.3%
25-44 years 26.5%
45-64 years 28.1%
65+ years 10.4%
*Source: 2010 Census
Median Household Income
Year Median HHI
2010 $68,058
2005 $60,817
2000 $50,743
*Source: U.S. Census Bureau 08-10 ACS
Educational Attainment
Level %
Less than 9th grade 2.7%
9th to 12th grade, no diploma 7.9%
High school graduate 25.9%
Some college, no degree 26.1%
Associates degree 9.1%
Bachelor's degree 17.8%
Graduate/Professional Degree 10.6%
*Source: U.S. Census Bureau 08-10 ACS
Labor Force
  Emp.
Civilian Labor Force 118,261
Employed 110,863
Unemployed 7,398
Unemployment Rate 6.3%
*Source: Virginia Employment Commission 02/12
Largest Employers

Chesapeake Regional Medical Center
Cox Communications
HSBC North America
LTD Management Co., L.L.C.
QVC Chesapeake, Inc.

*Source: Hoovers.com, HREDA Communities
Employment by Industry
Industry # Emp. %Emp.
Natural Resources and Mining 196 0.2%
Construction 8,373 9.0%
Manufacturing 4,157 4.5%
Trade, Transportation, and Utilities 22,600 24.2%
Information 2,841 3.0%
Financial Activities 3,989 4.3%
Professional and Business Services 16,035 17.2%
Educational and Health Services 6,150 6.6%
Leisure and Hospitality 10,193 10.9%
Other Services 3,750 4.0%
Government 15,060 16.1%
*Source: Virginia Employment Commission
Contact
Mr. Steven Wright
City of Chesapeake Economic Development Department
676 Independence Parkway
Chesapeake, VA 23220
(P) 757.382.8040
(F) 757.382.8050

http://www.yeschesapeake.com
swright@chesva.com

 


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