Chesapeake, a city located in the state of Virginia (VA), is home to a population of approximately 249,377 people. Chesapeake boasts a median age of 37.4, with around 20% of its residents aged 60 or above. 15.7% of the population identifies as US Veterans. 11.7% of Chesapeake residents are disabled. The city has an average household income of $92,703, while the unemployment rate stands at 5%, and around 7.6% of the population is considered to be living below the poverty level. In terms of housing, the average home value in Chesapeake is $339,522, with a monthly rent averaging $1,446.