Chesapeake vs Concord

The short version

  • Overall prices are about the same in both metro areas (BEA 2024).
  • The median home costs $353,700 in Concord and $378,400 in Chesapeake.
  • Households earn more in Chesapeake ($95,373 vs $86,921 median).
  • Concord has more scorching days: 60 a year at 90°F or hotter vs 36.
  • Concord is growing faster: +8.8% since 2020 vs +2.4%.

Side by side

Chesapeake, VAConcord, NC
People
Population (2025)255,332114,598
Growth since 2020+2.4%+8.8%
People per square mile7541,771
Median age37.936.5
Bachelor's degree or higher37%41%
Money and housing
Median household income$95,373$86,921
Median home value$378,400$353,700
Home value to income4.0×4.1×
Median rent (with utilities)$1,586$1,451
Metro price level (US = 100)97.997.3
Housing price level (US = 100)99.897.6
$75,000 elsewhere equals$73,500$73,000
Homeowners74%65%
Top state income tax5.75%3.99%
Combined sales tax5.77%7.1%
Work and commute
Average commute (minutes)25.826.9
Work from home13%17%
Take public transit1%0%
Unemployment (2020-24 avg)4.9%5.5%
Poverty rate9.4%9.6%
Weather
January high / low51° / 34°53° / 29°
July high / low89° / 73°92° / 69°
Precipitation per year49 in48 in
Snowfall per year6 in3 in
Days 90°F or hotter3660
Nights below freezing4174
Comfortable months54
Risks, air and home prices
Natural hazard risk (FEMA, county)Relatively LowRelatively Moderate
FEMA risk score (lower is safer)80.987.1
Good air days, 202578%46%
Home prices, past year+3.6%+1.5%
Home prices, past 5 years+43.4%+49.9%

Highlighted cells are the better value where "better" is clear (lower prices, higher income, shorter commutes). Sources: Census Bureau 2025 estimates and ACS 2020-2024, BEA 2024, NOAA 1991-2020, Tax Foundation 2026.

Weather, month by month

20°30°40°50°60°70°80°90°100°JanFebMarAprMayJunJulAugSepOctNovDec
Chesapeake Concord. Solid lines are average highs, dashed lines average lows (°F), NOAA 1991-2020 normals.

Most comfortable months: Chesapeake: April to June and October to November. Concord: April to May and September to October.

Full monthly tables: Chesapeake weather by month and Concord weather by month.

What $75,000 is worth

A $75,000 salary in an average-priced US city buys about the same as $73,500 in Chesapeake and $73,000 in Concord. Moving from Chesapeake to Concord, you would need about $74,500 to match a $75,000 salary.

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