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Places/VA/Chesapeake (Independent City)
County profile

Chesapeake (Independent City)

United States · GDP 2024
#325 of 3,127 US counties by GDP56th-percentile growthmore diversified than 98% of counties
EA Place Score
——
methodology in progress
GDP 2024 (USD)
$15.2B
GDP growth
+4.9%
Jobs tracked
100,552
Employers
5,867
Avg. wage
$56.3k
Population
255,332
Labor & formation
Unemployment
3.6%
Median HH income
$95.4k±$2.7k
Business applications
4,032 · 2025

Public companies headquartered here

SEC EDGAR · FMP
CompanySectorRevenueEA
1Dollar Tree, Inc.Consumer Defensive$19.4B74B2Greenwave Technology Solutions, Inc.Industrials$46.7M28D3Instadose Pharma Corp.Healthcare$2.7k——

HQ-based placement with total (global) headcount — local employment attribution needs firmographic data; the industry mix at right is measured county data (CBP).

Industry mix · employment
Retail trade23%
Health care19%
Food & accommodation17%
Professional services14%
Admin & support13%
Construction13%
share of top-6 sector employment · CBP 2023
Population & migration
Census PEP · 2020–2025
255,332
residents · 2025 · +2.3% since 2020
Income per capita $65.8k · BEA 2024
COMPONENTS OF CHANGE · 2021–2025
Domestic migration+437
International migration+1,868
Natural change+3,354

GDP trend

2019–2024 · nominal
$11.0B
2019
$11.5B
2020
$12.3B
2021
$13.2B
2022
$14.5B
2023
$15.2B
2024

Real estate & risk

FHFA · ACS · FEMA
Median home value
$378.4k±$5.6k
Median gross rent
$1.6k/mo±$39/mo
Vacancy rate
3.3%±0.6%
Affordability
6.7× wages
Residential permits
846 (3.3/1k pop)
FEMA risk score
80.9
HUD Fair Market Rent (2BR):$1.7k/mo · 2026
TOP PERILS · FEMA NRI
Hurricane 92Heat wave 88Coastal flooding 81
FHFA HOUSE PRICE INDEX · 2016–2025
554
2016
571
2017
585
2018
605
2019
624
2020
692
2021
778
2022
827
2023
889
2024
921
2025

Transport access

BTS · FAA · USACE
Nearest interstate
8.9 km
I-64
Nearest freight rail
7.4 km
NPB
Nearest port
6.1 km
BAYSHORE CONCRETE PRODUCTS, CHESAPEAKE PLANT, GREAT BRIDGE
Nearest commercial airport
25.7 km
NORFOLK INTL
Filing activity
SEC EDGAR

9 filings from 2 companies here in the last 90 days.

8-KDollar Tree, Inc.07-02
8-KDollar Tree, Inc.06-23
10-KGreenwave Technology Solutions, Inc.06-15
8-KDollar Tree, Inc.05-28
10-QDollar Tree, Inc.05-28
8-KGreenwave Technology Solutions, Inc.05-27
8-KDollar Tree, Inc.05-07
DEF 14ADollar Tree, Inc.05-01
8-KGreenwave Technology Solutions, Inc.04-22
8-KDollar Tree, Inc.03-23
Wage trend
BLS QCEW · 2019–2023
$56.3k
avg. annual pay · +25% since 2019
Similar US counties
nearest by GDP
Hays$15.3BHinds$15.4BChampaign$15.4BLorain$15.0BErie$15.0BRensselaer$15.5B
The read

Chesapeake (Independent City)'s economy produced $15.2B in 2024, growing 4.9% year over year — about the middle of the pack among US counties. Its largest employment sector is retail trade.

GDP: BEA (2024), USD-normalized · Jobs/employers/wages & industry mix: Census CBP (2023) · Population & migration: Census PEP · Income: BEA CAINC1 · Companies: SEC EDGAR + FMP, by HQ.
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