Richmond vs Chesapeake
| Richmond | Chesapeake | |
|---|---|---|
| Population | 227,171 | 249,377 |
| Median Household Income | $64,587 | $95,373 |
| Median Home Value | $353,000 | $378,400 |
| Median Gross Rent | $1,372/mo | $1,586/mo |
| Homeownership Rate | 43.5% | 74.4% |
| Unemployment Rate | 5.7% | 4.6% |
| Bachelor's Degree or Higher | 45.6% | 36.9% |
| Median Age | 34.7 | 37.9 |
Source: U.S. Census Bureau, American Community Survey, ACS 2020-2024.