Chesapeake Real Estate
About the City
Chesapeake is a young city in an old Virginia county. The city was formed in 1963 as the result a consolidation between the former independent city of South Norfolk and Norfolk County. While the city is relatively new, the South Hamptons Road region and the Interacoastal Waterways have deep historical roots tracing back to the 1690s.
For most of its brief history, the city has been considered a rural, “bedroom community”. However, since the late 1980s early 1990s, Chesapeake has experienced tremendous growth attracting numerous and significant industries and businesses. In previous articles, The Wall Street Journal called Chesapeake “one of the nation's top 10 boom towns” and City & State magazine labeled it as one of “the top 50 up and coming cities in the country”.
The census of 2000 indicated that there were 199,184 people residing in the city. By 2004, the U.S. Census Bureau had put the population estimates at 214,725. The racial makeup of the city was 66.87% White, 28.53% Black or African American, 0.39% Native American, 1.84% Asian, 0.05% Pacific Islander, 0.70% from other races, and 1.62% from two or more races. 2.05% of the population was Hispanic or Latino of any race.
In 2000, the median income for a household in the city was $50,743, and the median income for a family was $56,302. The per capita income for the city was $20,949.