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 EDGARWage 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.