Chesapeake


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Chesapeake, VA

At the heart of Coastal Virginia, Chesapeake is uniquely positioned as the “Mid-Point of the Mid-Atlantic" and is the transportation hub of the Hampton Roads region. Geographically, Chesapeake is connected to major waterways and abundant tracts of land and protected wetlands. By having direct access to the Elizabeth River, four major highways, and a quick drive to an international airport, it is clear why Chesapeake is an ideal location for many businesses and residents.

Industry Highlights

Chesapeake is not dominated by a singular industry or company. It’s home to international businesses, Fortune 200 companies. top-ranked medical facilities, and family-owned small businesses alike.

Summit Pointe, located in the dynamic Greenbrier district, is the center of retail, business, and entertainment. It’s campus and high-rise tower is home to over 2,000 employees at Dollar Tree, Inc, a Fortune 200 Company.

Chesapeake Regional Healthcare is a cornerstone to the economic community. A testament to the character of the City of Chesapeake, citizens rallied together with cooperation of city officials to build Chesapeake Regional Healthcare. Today, the independent health care system continuously invests in new services and expanding their facilities to best serve their community.

Quality of Life

Chesapeake is a proud community filled with residents who love where they live. Residents adore their relaxing walks in the City Park, mild commutes to work and shopping, water-based activities, and a variety of festivals and community events.

Data

Industry Employment Breakdown

Industry # of Employees % of Workforce
Health Care and Social Assistance 8,829 18.98%
Administrative and Support and Waste Management and Remediation Services 7,465 16.05%
Professional, Scientific, and Technical Services 7,341 15.78%
Manufacturing 4,805 10.33%
Transportation and Warehousing 4,653 10%

Source: EMSI

Demographics 2019

Population
245,042
Median Age
38.4
Labor Force
122,882
Unemployment Rate
2.9%
Median Household Income
$78,981
Sources: U.S. Bureau of Labor Statistics, November 2019; Esri Business Analyst Online, 2024 Forecast; Esri Business Analyst Online 2019 Detailed Age Profile; Economic Modeling Specialists International (EMSI), 2019 Forecast

Key Companies

Chesapeake Regional Healthcare

Cox Communications

Dollar Tree

INIT, Inc

Sumitomo Drive Technologies

City of Chesapeake Economic Development

Mr. Steven Wright, Director
(P) 757-382-8040
scwright@chesapeakeva.biz
www.chesapeakeva.biz

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Hampton Roads Alliance
500 Main St, Suite 1300
Norfolk, VA 23510
P: (757) 627-2315
F: (757) 623-3081

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COVID-19 INFORMATION AND RESOURCES
Get the guidance you need on our 757 COVID-19 Business Recovery Forum. Read advice from industry experts and ask questions at www.757recovery.com. For business resources related to Coronavirus, please visit the Hampton Roads Chamber’s COVID-19 Business Resource Guide.