Chesapeake


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Hampton Roads Alliance
Hampton Roads Alliance2 days ago
Today is World Tourism Day! 🌎 Tourism is a huge economic driver for Hampton Roads. From the beautiful, sandy shores of Virginia Beach to the centuries of culture that define the Historical Triangle, Hampton Roads is a great place to explore, and there are countless ways to appreciate the beauty of the region. Today, we thank everyone who plays a part in improving our region's quality of life, allowing the tourism industry to flourish. What is your favorite local attraction or site to visit? Tell us in the comments below!
Hampton Roads Alliance
Hampton Roads Alliance4 days ago
Governor of Virginia Glenn Youngkin announced today that Alliance Investor Amazon.com will build two world-class facilities and create more than 1,000 new jobs in the City of Virginia Beach (Virginia Beach City Government)! Alliance President and CEO Douglas L. Smith stated “In the past few years, Amazon has truly embraced the Hampton Roads community, opening facilities in multiple locations and quickly becoming one of the region’s major employers. Today’s announcement marks yet another milestone in Amazon’s investment in and dedication to Hampton Roads. The Alliance congratulates Amazon, along with the Virginia Economic Development Partnership and Virginia Beach Department of Economic Development on their continued success and thanks them for their commitment to growing the Hampton Roads economy.” Learn more: https://www.vedp.org/press-release/2023-09/amazon-virginiabeach
Hampton Roads Alliance
Hampton Roads Alliance1 week ago
Hampton Roads Workforce Council hosted their exciting Workforce Innovation Awards last evening at Rivers Casino Portsmouth! 👏 Congratulations to all the winners including Michael Paris, Bureau Manager for Norfolk Economic Development, for being named 2023 Workforce Champion of the Year!

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

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
3 Commercial Place, Suite 1320
Norfolk, VA 23510
P: (757) 627-2315
F: (757) 623-3081

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