The combination of higher than average median home income, income per capita and low unemployment rates results in a score that is well above average in the employment category.
This area has received high scores in the housing category. This could be due to a positive home affordability ratio, high appreciation rates or elevated home values.
A majority of amenities are not ideally situated within a reasonable walking distance, which may lead residents to rely on a vehicle or public transportation.
Public transportation is not readily available in this area and the average commute time to work could also be longer than the national average.
Based on the most recent cost of living data, this area is more expensive to live in. You can expect to pay more for everyday goods and services, housing, groceries and utilities.
Poor air quality and the inaccessibility of certain health related facilities like hospitals, clinics, doctors and pharmacies could have all contributed to the low score in this category.
Located in the state of Maryland, Chesapeake Beach is a small city with a population of 5,996 residents. According to the most recent Census, 83% of Chesapeake Beach residents are White, 8% Black and 1% Asian. Long, unnecessary commutes can be both frustrating and inconvenient when heading to work. Nationwide, the average one-way commute time takes 26 minutes, but regrettably, residing in Chesapeake Beach entails a longer-than-average one-way commute time, averaging 43 minutes.
Whether you’re moving to a new town to be closer to family, friends or for a new job, living in Chesapeake Beach could be a positive experience compared to other cities in Maryland if you know where to look. Don't forget to determine what matters most to you in a neighborhood. Consider factors such as safety, proximity to work or school, access to amenities (like parks, fitness facilities, grocery stores, restaurants), public transportation options, community atmosphere and the overall vibe you're looking for. The best areas in Chesapeake Beach and in surrounding cities are easier to find when you are able to make informed decisions. Using data from health & safety, education, housing, you will see a detailed breakdown of the most important information as well as comparisons to the Maryland and national averages.
Chesapeake Beach has a livability score of 68/100 and is ranked #178 in Maryland and #7,643 in the USA. Based on the grades for each individual category, Chesapeake Beach has received high marks for crime (B), education (B) and housing (A+). There is at least one category that you should be aware of in Chesapeake Beach. The following was graded with a less than perfect score: amenities (F) and cost of living (F).
The Chesapeake Beach unemployment rate of 1.03% has continued to decrease over the years and is now well below the national average. The result could lead to reduced poverty and inequality in the area, higher wages and increased economic growth. This is a positive sign in the overall health of the local economy.
Real estate represents the most substantial investment for homebuyers, constituting their most valuable asset. Renters, on the other hand, typically see their monthly rent as their most significant expense. The Chesapeake Beach market earns a high score in the housing category, surpassing the national average in factors like home and rental affordability and appreciation rates. This robust real estate market not only benefits individual homeowners and renters but also spurs vigorous local economic activity and job growth, solidifying its significance in driving the region's prosperity and financial well-being.
Certain items on your wish list like shopping, restaurants, nightlife, parks and proximity to public transportation are all important things to look for. Having said that, perhaps the most important metric to consider when contemplating a move to Chesapeake Beach is real estate affordability. The median home price for Chesapeake Beach homes is $368,600, which is 26.9% higher than the Maryland average. If we take a closer look at the affordability of homes in Chesapeake Beach, we’ll see that the home price to income ratio is 3.3, which is 13.2% lower than the Maryland average.
Statistic | Chesapeake Beach | Maryland | National |
Average one way commute | 43min | 32min | 26min |
Workers who drive to work | 77.9% | 73.7% | 76.4% |
Workers who carpool | 6.0% | 9.3% | 9.3% |
Workers who take public transit | 3.5% | 8.9% | 5.1% |
Workers who bicycle | 0.4% | 0.3% | 0.6% |
Workers who walk | 3.0% | 2.4% | 2.8% |
Working from home | 9.3% | 4.4% | 4.6% |