Hampton Roads is the 31st largest Metropolitan Statistical Area (MSA) in the United States
Source: U.S. Census Bureau (Demographic info derived from the 2000 Census unless otherwise noted) |
| Local Active Military Personnel | 155,000 |
| Military Spouses | 40,000 |
| College Students | 75,000 |
Top 10% of U.S. metropolitan areas for technology employmentMore educated workers and higher annual Research & Development expenditures than Charlotte & Research Triangle areas of North Carolina
One of most highly educated workforces in US
85% of residents over age 25 have graduated high school, and 25 percent have a bachelor's degree or higher
Northernmost Right-to-Work state
Among the lowest workman's compensation insurance rates in the country
Civilian labor force exceeding 110,000 for Chesapeake, and 770,000 for the metro area
Salaries below the U.S. average
Local labor force is augmented annually by 17,000 exiting military personnel, 40,000 military spouses and more than 8,500 graduating college students
Labor costs in Chesapeake are historically competitive nationally, particularly because of Virginia state laws that contain employer costs in the areas of workers' compensation and unemployment insurance.
Actual wage and salary rates are also competitive, which, combined with an affordable cost of living, makes Chesapeake a desirable location for businesses and employees
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Oregon Dept. of Consumer & Business Svcs. |
US Dept. of Labor |
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Average Salaries for Selected Jobs |
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