County profile
Chesapeake (Independent City) city, VA
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
BEA · 2024
GDP growth (YoY)
+4.9%
BEA · 2024
Jobs tracked
100,552
Census CBP · 2023
Employers
5,867
Census CBP · 2023
Avg. wage
$56.3k
BLS QCEW · 2023
Population
255,332
Census PEP · 2025
Labor, income & education
Unemployment
3.8%
Median HH income
$95.4k±$2.7k
Bachelor's degree+
36.9%±1.1%
Poverty rate
9.4%±1.1%
Business applications
4,032 · 2025
Retail establishments
743
29.2/10k pop
Public companies headquartered here
SEC EDGAR · FMPCompanySectorRevenueEA
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
$11.0B2019
$11.5B2020
$12.3B2021
$13.2B2022
$14.5B2023
$15.2B2024
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
$293.8M
846 units · 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
5542016
5712017
5852018
6052019
6242020
6922021
7782022
8272023
8892024
9212025
RESIDENTIAL PERMITS · 2021–2025
↓ -39% since 20211,3832021
8342022
5052023
5972024
8462025
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
25.9 km
NORFOLK INTL
Filing activity
SEC EDGAR3 filings from 2 companies here in the last 90 days.
Wage trend
BLS QCEW · 2019–2023$56.3k
avg. annual pay · +25% since 2019
Similar US counties
nearest by GDPNearby & same-state counties
by GDP rankThe read
What is the GDP of Chesapeake (Independent City)?
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.