Fair Lakes vs Chesapeake
| Fair Lakes | Chesapeake | |
|---|---|---|
| Population | 8,918 | 249,377 |
| Median Household Income | $127,332 | $95,373 |
| Median Home Value | $588,200 | $378,400 |
| Median Gross Rent | $2,419/mo | $1,586/mo |
| Homeownership Rate | 61.1% | 74.4% |
| Unemployment Rate | 2.5% | 4.6% |
| Bachelor's Degree or Higher | 65.5% | 36.9% |
| Median Age | 40.1 | 37.9 |
Source: U.S. Census Bureau, American Community Survey, ACS 2020-2024.