AreaProfile

23324Chesapeake, Virginia

Area Profile

Income, jobs, climate, physical risk and development data for ZIP code 23324.

65
Area Score
Top 35% of 695 published profiles

How we calculate this

How this area ranks
Opportunity544th of 727 published ZIP areas42
GrowthTop 15% of 701 published ZIP areas67
Housing affordability403rd of 800 published ZIP areas70
ClimateTop 32% of 779 published ZIP areas75
Physical resilienceTop 21% of 800 published ZIP areas77
Access697th of 779 published ZIP areas84
Economic stability685th of 800 published ZIP areas39
The quick read

Employment conditions sit below most comparable published ZIP profiles: unemployment is 3.8% and the Opportunity signal places 23324 in the bottom 25%.

Development activity is both elevated and accelerating — 1,476 housing units permitted over the past twelve months, up 116% on the prior year.

Natural-hazard exposure is lower than in most comparable published ZIP profiles, placing 23324 in the top 21% for physical resilience.

At a glance

Population
24,670
2024 ACS 5-Year
Median household income
$57,045
Bottom 25% nationally
Density
3,708/sq mi
6.7 sq mi of land
Median age
32.7
2024 ACS 5-Year
City
Chesapeake
Virginia
Metro area
Virginia Beach-Chesapeake-Norfolk, VA-NC
Nearest major airport
PHF
26 mi · Newport News/Williamsburg Intl
Median home value
$251,800
2024 ACS 5-Year

Jobs & opportunity

Unemployment of 3.8% is lower than 87% of the 1,061 measured US ZIP areas.

Employment fell 2.0% over the past year, to 119,913 employed residents.

Median household income of $57,045 is below 75% of measured US ZIP areas.

MetricValueCompared with peersSource period
Median household income ±$4,582$57,045Bottom 25%2024 ACS 5-Year
Per capita income ±$3,159$28,256Bottom 21%2024 ACS 5-Year
Poverty rate25.0%Top 11%2024 ACS 5-Year
Average commute26.5 minBottom 43%2024 ACS 5-Year
Bachelor's degree or higher21.4%Bottom 45%2024 ACS 5-Year
Employment119,913Bottom 21%June 2026
Employment change (3 years)-3.3%Bottom 5%June 2026
Employment change (year over year)-2.0%Bottom 18%June 2026
Labor force124,702Bottom 22%June 2026
Labor force participation62.1%Top 44%2024 ACS 5-Year
Mean annual wage$64,130Bottom 31%2025 OEWS
Median annual wage$49,430Bottom 41%2025 OEWS
Unemployment change (year over year)0.4%Top 38%June 2026
Unemployment rate3.8%Bottom 13%June 2026
Median household income, successive ACS releases
202120222023202458k49k
Each point is a separate five-year estimate, most recently $57,045 in the 2024 ACS 5-Year. Consecutive releases share four years of sample, so AreaProfile shows them as a record of successive estimates and does not compute a year-over-year change from them.
Largest occupations — Virginia Beach-Chesapeake-Norfolk, VA-NC
OccupationPeople employedMedian annual wage
Fast Food and Counter Workers22,520$28,780
Retail Salespersons20,890$30,820
General and Operations Managers17,400$100,340
Registered Nurses16,870$89,450
Cashiers16,840$29,320
Laborers and Freight, Stock, and Material Movers, Hand13,920$39,160

Occupational employment and wages are published for metropolitan areas rather than for individual cities or ZIP areas, so these describe the wider labor market this location sits in. 2025 OEWS, U.S. Bureau of Labor Statistics.

The Bureau of Labor Statistics does not publish labor-force data for ZIP areas. This is the figure for Chesapeake, VA, the city containing this ZIP code.

Housing & affordability

How it’s calculated →

Median rent of $1,158 takes 24% of median household income, below the 30% threshold at which a household is considered cost-burdened.

A median home costs 4.4 times median household income here, above the historic benchmark of about three times income.

Rent as a share of income
24.4%
Below the 30% cost-burdened threshold
Home price to income
4.4×
median home value ÷ median income
Median gross rent
$1,158
2024 ACS 5-Year
Median home value
$251,800
2024 ACS 5-Year
MetricValueCompared with peersSource period
Home price to income4.41Top 23%2024 ACS 5-Year
Homeownership rate52.6%Bottom 11%2024 ACS 5-Year
Housing units ±48210,059Top 16%2024 ACS 5-Year
Median gross rent ±$66$1,158Top 38%2024 ACS 5-Year
Median home value ±$14,903$251,800Top 42%2024 ACS 5-Year
Rent as a share of income24.4%Top 17%2024 ACS 5-Year
Vacancy rate8.1%Bottom 38%2024 ACS 5-Year

Both affordability measures come from the same ACS release as the income they are compared with, so the comparison is like for like. They describe housing cost against local earnings and are not a cost-of-living index — transport, groceries, healthcare, insurance and taxes are not included, and a place can look affordable here and still be expensive to live in for reasons this does not capture.

Growth & development

How it’s calculated →
Development Momentum
67/ 100
Top 15% of 701 published city profiles

An AreaProfile calculation combining permit volume per resident, its direction over one and three years, population change and employment growth. Permit volume alone is not the measure.

At 5.9 permitted units per 1,000 residents, building activity is above the median for measured US ZIP areas.

Units permitted
1,476
12 months ending July 2026
Per 1,000 residents
5.9
Top 26% nationally
Year over year
+116%
vs the prior twelve months
Multifamily share
53.3%
units in 5+ unit buildings

The Building Permits Survey is not published for ZIP areas. This is the figure for Chesapeake, VA, the city containing this ZIP code.

Weather & climate

6 of the twelve months have a normal average temperature between 55°F and 80°F. July averages a high of 89°F and January a low of 34°F.

Normal annual precipitation is 49.2 inches, including 6.2 inches of snow.

20°40°60°80°100°JFMAMJJASOND
Solid line: normal daily high. Dashed line: normal daily low. 1991-2020 normals from NOAA station NORFOLK INTL AP, 8.4 miles from this location.
Precipitation
JFMAMJJASOND6.1"
Normal monthly precipitation, in inches.
MetricValueSource period
Annual precipitation49.2"1991-2020 Normals
Annual snowfall6.2"1991-2020 Normals
Average January low34°F1991-2020 Normals
Average July high89°F1991-2020 Normals
Comfortable months61991-2020 Normals
Seasonal temperature swing39°F1991-2020 Normals

Climate figures are thirty-year normals, not current conditions. They describe what a typical year looks like rather than what the weather is doing today.

Physical risk

77 / 100
Physical resilience

The hazards accounting for most of this area's expected annual loss are hurricane and coastal flooding.

HurricaneElevated
Coastal floodingModerate

Low or minimal exposure: heat wave, inland flooding, tornado, earthquake, wildfire, hail, lightning, ice storm, cold wave, drought, winter weather, landslide, strong wind.

Hazard ratings are AreaProfile calculations derived from the FEMA National Risk Index v1.20.0 (December 2025). FEMA publishes at county level. ZIP values are the land-area-weighted mean of the counties the ZIP Code Tabulation Area intersects. Expected annual loss is not allocated below county level. FEMA does not endorse this presentation. Higher physical resilience means lower exposure.

Taxes

AreaProfile does not yet publish tax comparisons. No tax dataset has met the source admission test for coverage, methodology transparency and update cadence, and the product rule is to omit a dimension rather than estimate it. The Area Score is calculated without a tax component and the weighting is documented on the methodology page.

Nothing on AreaProfile is individualized tax advice.

Access

2 major airports lie within 100 miles, the nearest 26 miles away.

AirportCodeDistanceLongest runway
Newport News/Williamsburg IntlPHF26 mi8,003 ft
Richmond IntlRIC75 mi9,003 ft
Kinston Rgnl Jetport At Stallings FldISO126 mi11,498 ft

Airport identity, position and runway data come from the FAA. “Major airport” is an AreaProfile classification — a public-use civil airport with a paved runway of at least 8,000 feet — not an FAA hub designation. Distances are straight-line, not driving distance.

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Area Score
65
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Data & methodology

Used forSourceSource periodUpdated
AccessFederal Aviation Administration
Airports (NASR) — Aeronautical Data Delivery Service
NASR current cycle28-day NASR cycle
Physical riskFederal Emergency Management Agency
National Risk Index
National Risk Index December 2025 (v1.20.0)Periodic dataset versions (v1.20.0 current)
ClimateNOAA National Centers for Environmental Information
U.S. Climate Normals 1991–2020 (Monthly)
1991-2020 NormalsEvery ten years (next release follows the 2001–2030 period)
JobsU.S. Bureau of Labor Statistics
Local Area Unemployment Statistics
June 2026Monthly
JobsU.S. Bureau of Labor Statistics
Occupational Employment and Wage Statistics
2025 OEWSAnnual (spring release)
DemographicsU.S. Census Bureau
Population Estimates Program
July 1, 2024 estimateAnnual (vintage released each spring)
DevelopmentU.S. Census Bureau
Building Permits Survey
12 months ending July 2026Monthly, roughly three weeks after the reference month
Demographics, Housing, Income, JobsU.S. Census Bureau
American Community Survey 5-Year Estimates (Table-Based Summary File)
2024 ACS 5-YearAnnual (5-year estimates released each December)

Profile recalculated August 29, 2026. Recalculation is not the same as new source data — each figure above shows the period its source actually covers. Read the full methodology or browse every source.

23324 vs Chesapeake

How this ZIP area compares with Chesapeake as a whole. Both figures come from the same ACS release, so the comparison is like for like.

23324
Chesapeake
Median household income
$57,045
vs
$95,373
Per capita income
$28,256
vs
$44,985
Population density
3,708/sq mi
vs
746/sq mi
Median home value
$251,800
vs
$378,400
Median gross rent
$1,158
vs
$1,586
Homeownership rate
52.6%
vs
74.4%
Bachelor's degree or higher
21.4%
vs
36.9%
Poverty rate
25.0%
vs
9.4%
Median age
32.7
vs
37.9

Some demographic statistics use Census ZIP Code Tabulation Areas, which approximate but do not exactly match USPS ZIP delivery geography. See the methodology for how AreaProfile maps between them.