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Chesapeake city, Virginia

FIPS 51550

Juniper

Chesapeake city is in the highest 19% nationally for FEMA risk score. It also sits in the highest 6% nationally for median rent. And it sits in the highest 7% nationally for median income.

Typical Home Valuemedian home value (ACS), re-priced to today on the FHFA index

$447,808

Higher than 90% of U.S. counties
Home Price Growth, Past Five Years

48%

Lower than 66% of U.S. counties
FEMA Risk Score0–100; 0 = lowest modelled risk, 100 = highest, vs places of the same type

80.8

Higher than 81% of U.S. counties

The boundary of Chesapeake city.

The basics

Total Population

252,583

Median Age

37.9

Population Density

746.28

Home values & property tax

Median Property Tax

$3,108

Property Tax Rateyearly tax as a share of home value

0.82%

Cost of living & affordability

Home Price vs Incomeyears of income to buy a typical home

3.97×

Higher than 80% of U.S. counties
Median Income

$95,373

Higher than 93% of U.S. counties
Median Rent

$1,586

Higher than 94% of U.S. counties

Home prices & appreciation

Home Price Growth, Past Year

3.5%

Near the U.S. counties median
Pandemic Price Run-Up2019–20 low → 2022–23 peak

37%

2008 Crash: Peak-to-Trough Drophow far prices fell, 2007 → 2011

21%

Climate & weather

Summer Avg High (°F)

87.9

Winter Avg Low (°F)

34

Avg Temperature (°F)

61.1

Hot Days/yr (>90°F)

50

Freezing Days/yr (<32°F)

55.3

Annual Precipitation (in)

52.3

Annual Snowfall (in)

5.3

Flood & disaster risk

Coastal Flood Loss per $1,000

$0.05

The full report

Six pillars — each with percentile benchmarks, 16-year trends, and per-metric detail.

  • People

  • Work & Money

  • Housing

  • Amenities

  • Climate

  • Environment & Risk

Chesapeake city: frequently asked questions

What is the typical home value in Chesapeake city?
The estimated median home value in Chesapeake city today is $447,808, higher than 90% of U.S. counties.
How much is property tax in Chesapeake city?
The median annual property tax in Chesapeake city is $3,108, an effective rate of 0.82% of home value.
Is Chesapeake city expensive to live in?
Homes in Chesapeake city cost about 3.97× the median household income, higher than 80% of U.S. counties.
What is the average rent in Chesapeake city?
The median gross rent in Chesapeake city is $1,586 a month, higher than 94% of U.S. counties.
How much have home prices grown in Chesapeake city?
Home prices in Chesapeake city have moved 48% over the past five years (3.5% in the past year), per the FHFA House Price Index.
How many people live in Chesapeake city?
Chesapeake city has a population of 252,583, about 746.28 people per square mile, per the U.S. Census American Community Survey. The median age is 37.9.
What is the weather like in Chesapeake city?
Chesapeake city averages 61.1°F year-round, summer highs near 87.9°F, winter lows around 34°F (NOAA 1991–2020 normals). It sees about 5.3 inches of snow a year.
Is Chesapeake city at risk of flooding or natural disasters?
Chesapeake city's FEMA National Risk Index score is 80.8 (higher than 81% of U.S. counties). Its greatest modeled natural hazard is inland flooding. Expected annual loss from flooding is $0.05 per $1,000 of building value.

Sources: U.S. Census ACS, FEMA National Risk Index, FHFA House Price Index, OpenStreetMap contributors (ODbL), EPA. Explore the map →

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