Living in Cape Charles, Virginia

Cost of living, income, home prices, rent and demographics of Cape Charles · Census data 2020–2024

Cape Charles has 1,201 residents with a median age of 60.5. The median household income is $73,750 (21% lower than the Virginia median), the median home value is $640,600, the median rent is $800/month.

Cape Charles is a small town, so Census survey estimates have wide margins of error. Treat percentages as approximate.

Cape Charles at a glance

Population
1,201
Median age
60.5State: 39
Median household income
$73,750State: $93,170
Median home value
$640,600State: $383,700
Median rent
$800/moState: $1,579
Homeowners
66.4%
Bachelor's degree or higher
59.6%
Average commute
18 min

Is Cape Charles a good place to live?

Pros: An average commute of 18 minutes; unemployment of 2.9%.

Cons: Median household income 21% lower than the Virginia median; home values 67% higher than the state median; a poverty rate of 13.2%.

The weather is best in May–June and August–September.

Cost of living in Cape Charles

Housing is the biggest part of the cost of living. In Cape Charles the median home value is $640,600, 93% higher than the U.S. median. Renters pay a median of $800 per month, which is 29.6% of household income. Homeowners with a mortgage pay $2,294 a month in housing costs.

Median home value

Cape Charles$640,600
Virginia$383,700
United States$332,700

Median monthly rent

Cape Charles$800
Virginia$1,579
United States$1,413

Cape Charles median household income

The median household income in Cape Charles is $73,750 and the income per person is $79,299. 13.2% of residents live below the poverty line (Virginia: 9.9%).

Median household income

Cape Charles$73,750
Virginia$93,170
United States$80,734

Housing in Cape Charles: homes for sale and rent

Housing units
1,185
Owner-occupied
66.4%
Renter-occupied
33.6%
Vacant
42.3%Includes seasonal homes
Median year built
1976
Average household size
1.76

42.3% of homes are vacant most of the year, a sign that Cape Charles has many vacation and second homes.

Cape Charles demographics

Population
1,201
Median age
60.5
Under 18
8.2%
65 and older
37.7%
Households
684
Foreign-born
4.7%
Veterans
11.4%Adults 18+

Race and ethnicity

White85.3%
Hispanic or Latino8.3%
Black8.2%
Asian1.3%

Hispanic or Latino can be of any race. Population history of Cape Charles ›

Education in Cape Charles

59.6% of adults 25 and older in Cape Charles have a bachelor's degree or higher (Virginia: 42.2%), and 31.1% have a graduate or professional degree.

Bachelor's degree or higher

Cape Charles59.6%
Virginia42.2%
United States35.7%

Jobs and commute in Cape Charles

Unemployment rate
2.9%State: 4.3%
Average commute
18 minState: 27 min
Work from home
16%
Drive alone
60.6%
Public transit
4.9%
Walk to work
10.2%
Homes with broadband
83.8%

Cape Charles vs nearby towns

TownPopulationMedian incomeHome valueRent
Cape Charles1,201$73,750$640,600$800
Cheriton555$49,191$205,500$541
Eastville254$77,917$260,900$867
Nassawadox590$51,932$152,500$763
Poquoson12,639$120,972$400,300$1,707
Hampton137,557$69,621$245,700$1,427
Exmore1,571$29,028$152,400$669
Willis Wharf278$92,543——
Mathews941$55,481$193,400—

More for people moving to Cape Charles

Cape Charles ZIP code ›Weather and climate ›

Living in Cape Charles: FAQ

What is the median household income in Cape Charles, VA?

The median household income in Cape Charles is $73,750, 21% lower than the Virginia median of $93,170 (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).

What is the average home price in Cape Charles?

The median home value in Cape Charles is $640,600, compared with $383,700 in Virginia.

How much is rent in Cape Charles?

The median gross rent in Cape Charles is $800 per month, about 29.6% of household income.

Is Cape Charles, VA a good place to live?

Pluses: an average commute of 18 minutes; unemployment of 2.9%. Minuses: median household income 21% lower than the Virginia median; home values 67% higher than the state median; a poverty rate of 13.2%.

What is the median age in Cape Charles?

The median age in Cape Charles is 60.5 years (Virginia: 39).

How long is the commute in Cape Charles?

The average commute to work in Cape Charles is 18 minutes; 16% of workers work from home.

What is the unemployment rate in Cape Charles?

The unemployment rate in Cape Charles is 2.9% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).

How educated is Cape Charles?

59.6% of adults in Cape Charles have a bachelor's degree or higher.

Source: U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024 (margins of error apply, especially in small towns). Figures are in 2024 dollars.

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