Salem vs Chesapeake
| Salem | Chesapeake | |
|---|---|---|
| Population | 25,372 | 249,377 |
| Median Household Income | $66,725 | $95,373 |
| Median Home Value | $258,600 | $378,400 |
| Median Gross Rent | $1,133/mo | $1,586/mo |
| Homeownership Rate | 62.8% | 74.4% |
| Unemployment Rate | 3.6% | 4.6% |
| Bachelor's Degree or Higher | 33.0% | 36.9% |
| Median Age | 40.0 | 37.9 |
Source: U.S. Census Bureau, American Community Survey, ACS 2020-2024.