Cape Charles is a very small coastal town (i.e. on the ocean, a bay, or inlet) located in the state of Virginia. With a population of 1,265 people and two associated neighborhoods, Cape Charles is the 271st largest community in Virginia. Much of the housing stock in Cape Charles was built relatively recently. The construction of new real estate can often be taken as an indication that the local Cape Charles economy is robust, and that jobs or other amenities are attracting an influx of new residents. This seems to be the case in Cape Charles, where the median household income is $51,250.00.
Cape Charles real estate is some of the most expensive in Virginia, although Cape Charles house values don't compare to the most expensive real estate in the U.S.
Also of interest is that Cape Charles has more people living here who work in computers and math than 95% of the places in the US.
One interesting thing about the economy is that relatively large numbers of people worked from their home: 17.81% of the workforce. While this number may seem small overall, as a fraction of the total workforce this is high compared to the rest of the county. These workers are often telecommuters who work in knowledge-based, white-collar professions. For example, Silicon Valley has large numbers of people who telecommute. Other at-home workers may be self-employed people who operate small businesses out of their homes.
Another notable thing is that Cape Charles is a major vacation destination. Much of the town’s population is seasonal: many people own second homes and only live there part-time, during the vacation season. The effect on the local economy is that many of the businesses are dependent on tourist dollars, and may operate only during the high season. As the vacation season ends, Cape Charles’s population drops significantly, such that year-round residents will notice that the city is a much quieter place to live.
Cape Charles is also nautical, which means that parts of it are somewhat historic and touch the ocean or tidal bodies of water, such as inlets and bays. Such areas are often places that visitors and locals go for waterfront activities or taking in the scenery.
Compared to the rest of the country, citizens of Cape Charles spend much less time in their cars: on average, their commute to work is only 19.05 minutes. This also means that noise and pollution levels in the town are less than they would otherwise be.
Cape Charles is a small town, and as such doesn't have a public transit system that people use to get to and from their jobs every day.
Do you like to read, write and learn? If you move to Cape Charles, you'll likely find that many of your neighbors like to as well. Cape Charles is one of the more educated communities in America, with a full 57.86% of its adults having a college degree or even advanced degree, compared to a national average across all communities of 21.84%.
The per capita income in Cape Charles in 2022 was $62,314, which is wealthy relative to Virginia and the nation. This equates to an annual income of $249,256 for a family of four. However, Cape Charles contains both very wealthy and poor people as well.
Cape Charles is a somewhat ethnically-diverse town. The people who call Cape Charles home describe themselves as belonging to a variety of racial and ethnic groups. The greatest number of Cape Charles residents report their race to be White, followed by Black or African-American. Cape Charles also has a sizeable Hispanic population (people of Hispanic origin can be of any race). People of Hispanic or Latino origin account for 10.95% of the town’s residents. Important ancestries of people in Cape Charles include German, Irish, English, Italian, and Scots-Irish.
The most common language spoken in Cape Charles is English. Other important languages spoken here include Polish and German/Yiddish.