 As of the 2010 census, the population of the CDP was 76, largely Alaska Natives.Chenega Bay is in the Chugach School District and has one school, Chenega Bay Community School, serving a little over 10 students from preschool through high school

The original village of Chenega, located on Chenega Island, was destroyed in 1964 by a tsunami from the Good Friday earthquake, which killed a third of the 68 people who then lived there.A post office operated here from 1946-1964.