Chesapeake, Virginia Mortgage and Housing Information

Population: 199,184
Data Source:US Census Bureau. All figures are from year 2000 unless otherwise noted.

A comparison of the average prices of homes in Chesapeake, Virginia and the U.S.
	U.S.	Virginia	Chesapeake
Median home value in year 2006	$185,200	$244,200	$248,700

Median owner costs for owner-occupied houses and condos in year **2006**
	U.S.	Virginia	Chesapeake
With a mortgage	$1,402	$1,540	$1,607
Without a mortgage	$399	$345	$470

Types of mortgages for owner-occupied Houses and Condos in Chesapeake (2006)
Mortgage Type	Number of Houses and Condos	Percent of total
Without a mortgage	10,804	18.2%
First Mortgage Only	32,817	55.2%
Second Mortgage and/or Home Equity Loan	15,782	26.6%
Total	59,403	100%

Median age for males and females (2000).
Males	33
Females	35

Males earn $17,198 (74.7%) more than Females in Chesapeake.

Level of higher education for people over 25 years in Chesapeake (2006).
Level	Number of Males	Percent of Males	Number of Females	Percent of Females
Some College	16,373	24.7%	16,841	25.4%
Associate Degree	4,652	7.0%	6,972	10.5%
Bachelor's Degree	11,543	17.4%	13,000	19.6%
Master's Degree	4,228	6.4%	5,951	9.0%
Professional Degree	900	1.4%	641	1.0%
Doctorate Degree	805	1.2%	333	0.5%
Total (at least some college)	38,501	58.1%	43,738	58.4%
Total over 25	66,213	100%	74,870	100%

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