Everything You Need to Know About Living in Chesapeake, VA

Posted On Tuesday, 12 March 2024 10:54

Chesapeake, VA, offers a unique blend of urban conveniences and natural beauty, making it a desirable location for many. With a rich history and a vibrant community, living in Chesapeake, VA, provides a quality of life that is hard to match. From waterfront views to lush green parks, Chesapeake is a city that caters to a variety of lifestyles.

Geography and Climate

Chesapeake, VA, nestled in southeastern Virginia, is characterized by its humid subtropical climate, which brings about four distinct seasons, including hot and humid summers and mildly cold winters. The city enjoys an average summer temperature of around 83°F (28°C) and a winter average around 45°F (7°C), with an annual rainfall of approximately 42 inches, making it one of Virginia's wettest cities. The region is also known for experiencing all four seasons and can anticipate some occasional snowstorms during winter months, alongside the potential for extreme weather events such as hurricanes and thunderstorms.

Geographically, Chesapeake stretches over an area of 910 sq. km and is marked by a mix of urban, farmland, forested, and wetland terrains. The city, part of the Atlantic Intracoastal Waterway, shares borders with Suffolk, Norfolk, Virginia Beach, and Portsmouth, and is home to parts of the hand-dug Great Dismal Swamp. 

Its geography supports a diversity of wildlife and offers numerous outdoor activities, contributing to its ranking among the largest cities in Virginia and one of the safest cities of its size in the US. For visitors and residents alike, the best times for warm-weather activities in Chesapeake are from late May to mid-October, when temperatures are most favorable.

Cost of Living

Living in Chesapeake, VA, presents a nuanced picture of the cost of living that varies slightly above the national and state averages, according to recent data. The overall cost of living score for Chesapeake is 103.5, indicating that expenses are about 3.5% higher than the U.S. average and marginally higher than the Virginia average. This is reflective of the various categories of expenses from housing to groceries, and healthcare, which collectively contribute to the city's cost of living index.

Housing in Chesapeake plays a significant role in the city's cost of living, with a typical home costing around $359,000, which is higher than both the national and Virginia averages. Rent for a two-bedroom unit averages at $1,540 per month, surpassing both the national and state averages. Nonetheless, Chesapeake is deemed to offer a balanced living experience, with its cost of living being relatively manageable compared to major cities across the United States. For instance, compared to cities like San Francisco and New York, Chesapeake's living expenses are significantly lower, offering a more affordable lifestyle without sacrificing the quality of life.

The city's median household income stands at $85,563, which is 6% more than the Virginia state average, and the median individual income is reported to be $43,607. These figures suggest that with prudent financial planning, residing in Chesapeake can be within reach for many. The average rent in the city for a 2-bedroom home is $1,687, aligning with its positioning as having a cost of living index at 100% of the national average, making it an average city in the U.S. in terms of housing expenses.

For day-to-day expenses, Chesapeake residents can expect to pay around $10 for a meal at a fast-food restaurant, $8 for a pint of domestic beer, and grocery prices that are generally in line with national averages for items such as milk, bread, and chicken fillets. Utilities for a 915 sq ft apartment average around $201.84 per month, which is a crucial factor to consider when calculating monthly expenses.

Housing and Neighborhoods

Chesapeake, VA, offers a variety of neighborhoods each with its unique charm and amenities, catering to diverse lifestyles and preferences. Notable neighborhoods include Greenbrier West, Great Bridge, and Indian River, among others, each offering distinct living experiences. 

For example, Greenbrier West is recognized for its high livability score, while Great Bridge and Indian River are celebrated for their community feel and access to local amenities. The area is characterized by a mix of single-family homes, large apartment complexes, and a range of housing options built between 1970 and the present, contributing to the city's suburban appeal.

The housing market in Chesapeake is robust, with a median home cost significantly above the national average, reflecting the city's desirability and the quality of living it offers. The majority of homes are owner-occupied, single-family detached homes, predominantly featuring three to four bedrooms. 

The city has experienced steady real estate appreciation rates, ensuring that investments in the area are sound. Over the past decade, Chesapeake's real estate has appreciated by 5.38% annually on average, with recent quarters showing even higher rates, indicating a strong and growing housing market that outpaces many other communities in the nation.

Economy and Employment

Chesapeake, VA, has demonstrated significant economic and employment growth, making it a vibrant community with diverse opportunities for its residents. Between 2020 and 2021, the employment rate in Chesapeake grew by 2.58%, with the workforce expanding from 112,000 to 115,000 employees. This growth is attributed to the city's major employment sectors, including Health Care & Social Assistance, Retail Trade, and Public Administration. 

Chesapeake stands out for its competitive median earnings across various industries, with Public Administration and Information sectors leading in median earnings for men, while women see substantial earnings in Public Administration, Manufacturing, and Finance & Insurance.

Chesapeake's economic development is further underscored by its strategic location within 750 miles of two-thirds of the nation's population and industrial production, alongside its role as a regional transportation hub. This advantage is complemented by the city's diverse business economy, with companies from 19 different nations, and a motivated workforce that's continually refreshed by exiting military service members and graduating college students. 

Recent large-scale investments, such as Perdue Agribusiness's $59 million expansion and a joint venture investing $267 million in paperboard recycling and production, highlight Chesapeake's commitment to fostering a thriving economic environment. These initiatives, alongside Chesapeake's focus on community investment and the development of new businesses, particularly in areas like Summit Pointe, emphasize the city's dynamic growth and potential for new and existing businesses.

Safety and Crime Rates

Chesapeake, VA, has a crime rate higher than 85% of Virginia's cities and towns of all sizes. However, it is safer than comparably sized American cities. The chance of becoming a victim of either violent or property crime in Chesapeake is 1 in 41. The city experiences a violent crime rate higher than most communities in America, with a chance of becoming a victim of a violent crime, such as armed robbery or aggravated assault, at 1 in 238. Property crime rates in Chesapeake are also significant, with a chance of becoming a victim at 1 in 49.

Lifestyle and Amenities

Chesapeake, VA, offers a variety of independent living options catering to active, healthy seniors who prefer a maintenance-free lifestyle. These communities provide a mix of amenities, social activities, dining options, and other benefits that promote an engaging and comfortable living environment. With 29 independent living facilities available, seniors have ample choices to find the perfect community that matches their lifestyle, interests, and budget.

Transportation and Commute

The average one-way commute time in Chesapeake, VA, is 25.9 minutes, which is slightly shorter than the US average of 26.4 minutes. The majority of Chesapeake residents drive their own car alone to work (85.8%), followed by carpooling (7.7%), working from home (3.7%), and a very small percentage using mass transit (0.5%).

Healthcare Facilities

Chesapeake Regional Medical Center, the only independent, community-based hospital in Hampton Roads, has been a significant healthcare provider for over 40 years. It's known for innovation in medical care, boasting the region's best heart attack survival rates, a nationally accredited Chest Pain Center, and an array of services including comprehensive cancer care and neurosciences. The hospital has a technologically advanced health care system with nearly 40 practice locations and around 600 physicians.

Community and Culture

Chesapeake, VA, is a city with a vibrant community life, offering a wide range of activities and services to its residents. From comprehensive libraries and diverse parks and recreational facilities to community events and programs, Chesapeake ensures its citizens have access to resources that enhance their quality of life and foster a sense of belonging. The city's commitment to providing a rich cultural and social experience is evident in its support for arts, athletics, and various community-driven initiatives.

Conclusion

Chesapeake, VA, it's noteworthy how the city not only offers a seamless blend of urban conveniences and scenic charm but also facilitates a smooth transition for those moving in. Many individuals and families rely on trusted movers in Chesapeake to help relocate and continue their lives here, underscoring the city's capability to welcome new residents warmly and efficiently. This support system enhances Chesapeake's appeal, making it even more enticing for those seeking a harmonious lifestyle amidst its rich community and diverse offerings.

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