This section is generated from cached city metrics and clearly labeled state-level benchmarks. It is meant to make the Cape Charles page less generic and more useful for comparing housing, income, utilities, taxes, insurance, demographics, and nearby alternatives.
Affordability Summary
Population is 1,278, so Cape Charles should be compared with similar-size places before using broader Virginia averages. Median household income is $51,250, so the best affordability read for Cape Charles is income versus housing, taxes, utilities, and insurance together.
Median home value is $589,000, so ownership costs in Cape Charles should be checked with mortgage, property tax, insurance, and maintenance assumptions. Two-bedroom rent is $840/mo, so renters can compare Cape Charles against ownership costs and nearby rental markets.
Housing and Income Context
For Cape Charles, income is more constrained, so utilities, rent, and taxes deserve extra attention. Home values are elevated enough that taxes and financing terms can move the total cost.
Use the home value, rent, and income fields together before deciding whether Cape Charles looks more favorable for renting, buying, or comparing with Eastville, VA.
Utility Cost Context
The residential electricity benchmark is $0.171/kWh, so Cape Charles households should treat usage, home size, heating, and cooling as the practical bill drivers. The electricity value shown for Cape Charles is a Virginia state-level EIA benchmark, so it should not be read as a local provider tariff.
For Cape Charles, utility planning is stronger when the electric benchmark is paired with home age, square footage, insulation, HVAC equipment, and household occupancy.
Property Tax Context
Median property tax paid is $3,760, so Cape Charles buyers should still verify parcel-specific tax records before budgeting. Parcel boundaries, exemptions, school districts, and reassessment rules can move the actual bill for a Cape Charles address.
Compare the property tax field with home value rather than reading it by itself; a lower tax bill can still pair with a different assessment base or exemption profile.
Insurance and Risk Context
Insurance costs in Cape Charles depend on address-level factors such as roof condition, structure age, coverage limits, claims history, deductible choice, and carrier underwriting.
Home value, tax burden, and insurance exposure should be reviewed together for Cape Charles, especially when comparing with Eastville, VA.
Population and Demographics
Median age is 55.6, so Cape Charles may have different school, commute, healthcare, and housing demand patterns than a statewide average. Bachelor+ share is 57.9%, so Cape Charles education context can be useful when reading labor-market and school sections.
Unemployment is 3.8%, so Cape Charles wage and job-market context should be compared with commute options and regional employment centers.
