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Chesapeake Virginia Real Estate By Jennifer Hershey

Chesapeake Virginia Real Estate

Chesapeake, Virginia, is located in Chesapeake City County, of , and 154 miles S of Washington, District of Columbia. Chesapeake has a population of 199,184.

Chesapeake Homes

Chesapeake properties pool is 69,900 residential properties including Chesapeake new homes. Median age of real estate in Chesapeake is 1982. Average Household size is 3.17 people. 1% are one bedroom homes, 13% are 2 bedroom homes, 49% are 3 bedroom homes, 32% are 4 bedroom homes, and 5% are 5+ bedroom homes.

Chesapeake Mortgage Statistics

Chesapeake mortgages vs. USA median statistics

Homes Chesapeake USA
Homes With No Mortgage 16%
30%
Homes With Mortgage 84%
70%
First Mortgage Only 61%
54%
First & Second Mortgage or HELOC 23%
16%

Chesapeake Area Real Estate Tax

Chesapeake Real estate Tax: Median Real Estate Taxes (2000) were $1,375 comparing to 1999 Median Family income $ 56,302. Compare to USA median yearly Real Estate Tax $1,300 and USA median Family Income $42,000 (1999).

Chesapeake School District: Children make up 28.8% of Chesapeake population. Chesapeake has 57,283 under 18 years old residents, or 0.59 kids per one worker, or 0.82 kids per one household.

Chesapeake Real Estate & Chesapeake Homeownership

There are 12582 or 18% one person households, 21669 or 31% two person households, and 14679 or 21% three person households in Chesapeake, Virginia. Median residents age is 34.7, Senior citizens (65+) make up 17,844 or 9%% of Chesapeake population.

There are 96,977 workers (over 16 years of age) in Chesapeake. Of these, 94.45% drive to work. Approximately 0.88% of workers in Chesapeake take public transportation. An estimated 1.15% walk to work.

Median Chesapeake homeowner's housing expences are 21.9%

Crime in Chesapeake (2003), crimes per 10,000 residents per year

Type of Crime Chesapeake USA, 2003
Violent Crimes
NaN
47.5
Robberies
NaN
14.2
Aggravated Assaults
NaN
29.5
Property Crimes
NaN
358.8
Burglaries
NaN
74.0
Larceny-Thefts
NaN
241.5
Motor Vehicle Thefts
NaN
43.3

Invest in Chesapeake Properties

When making a decision about buying real estate in Chesapeake Virginia area, you should consider following statistical data:

Category Chesapeake USA
Near Medium City
-
Near Large City
Washington, District of Columbia
-
Chesapeake Zip Codes
23320, 23321, 23322, 23323, 23324, 23325
-
Chesapeake Area Codes
757
-
White population
66.87%
75.1%
African-American population
28.53%
12.3%
Asian
1.84%
3.6%
American Indian & Alaskan
0.39%
0.9%
Hispanic (of any race)
2.05%
12.5%
Median Family Income (1999)
$ 56,302%
$42,000
Population Below Poverty Level
7.16%
12.4%

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