Chatham Average Income, Population and Demographics

Are you tired of spending 10+ hours searching for demographic and population data for Chatham, New Jersey? We have all of the data you need by state, county, city, and zip code that will save you many hours of research!

In this article, we'll explore most of the 190+ data points we have for Chatham, covering popular demographics statistics like household income, race, age and gender, educational attainment, poverty, housing, and transportation.

The data on this page is from the 2022 American Community Survey (ACS) 5-Year survey from the US Census Bureau.

Median Household Income

According to the latest ACS 5-year survey in 2022, the median household income in Chatham is $208,910.00.

The chart below shows the average household income by age in Chatham.

  • Under 25
    $0.00
  • 25 to 44
    $250,001.00
  • 45 to 64
    $250,001.00
  • 65 and over
    $98,393.00

Average Household Income

A very commonly asked question is "what is the average household income in Chatham, New Jersey?". The official term for the average household income is the mean household income. The mean household income is the total income of all households divided by the number of households.

The average (or mean) household income in Chatham is $328,478.00.

51.57% of households in Chatham, New Jersey are classed as high income households (making $200,000+ per year).

The difference between a median and an average income

The difference between a median and mean household income is that the median income is the middle point of the set of numbers whereas the mean income is an average of all numbers.

Both metrics are important when looking at the income statistics for Chatham but because the median value doesn't depend on other numbers in the dataset, it doesn't change as much when some of the values are extremely low or extremely high.

Household Income Tiers for Chatham

We can also look at the household income tiers. This lets you see how many households fall into each of the earnings brackets and what percentage that bracket is of the total number of households.

The chart below shows the household income brackets to see which age groups have the highest median income. The actual data is more granular than these brackets, but we've simplified them into bigger categories to make reviewing the data for Chatham, New Jersey easier to view.

You can purchase the raw data above, which will have the full income tiers with smaller jumps in household income.

  • Less than $24,999
    2.62%
  • $25,000 to $49,999
    11.17%
  • $50,000 to $74,999
    6.78%
  • $75,000 to $99,999
    8.47%
  • $100,000 to $149,999
    12.26%
  • $150,000 to $199,999
    7.12%
  • $200,000 or more
    51.57%

Per Capita Income

The per capita income is the average income of all people in Chatham, New Jersey. This is calculated by dividing the total income of all people in Chatham by the total number of people in Chatham.

It differs from the average or mean household income because it includes all people in Chatham and not just the people who earn an income (i.e. children, retirees, unemployed, etc.).

The per capita income in Chatham, New Jersey is $118,896.00.

Population in Chatham by Race and Ethnicity

The total population in Chatham is currently 10,930 people.

The race and ethnicity of the population in Chatham can be very important for social research, economics, and marketing to a multi-culturial society.

Whether you want to target products or services to a particular race or ethnicity, or provide housing and new businesses to improve areas with a larger ethnic minority population, this data is very valuable for discovering suitable areas.

The chart below breaks down the population and percentage for each race and ethnicity in Chatham, New Jersey.

  • 4.30% White
    475
  • 94.30% Black/African American
    10,306
  • 76.80% Native
    8,392
  • 5.20% Hispanic
    567
  • 0.70% Asian
    76
  • 0.00% Hawaiian/Pacific Islander
    0
  • 0.00% Two or more races
    0
  • 12.10% Other
    1,322

Population of Chatham by Age and Gender

Another very important demographics statistic for Chatham, New Jersey is the age and gender of the population. The age and gender of the population can be used to track trends in population growth or decline, and for businesses, the data can be used to identify people important to you and your business need.

In the table below, we show age groups at a 10 year granularity for ease of use. The raw data, which can be purchased above, includes age and gender at a 5 year granularity.

Age Group Male Female
0 to 9 Years 861 639
10 to 19 Years 1,082 1,037
20 to 29 Years 314 289
30 to 39 Years 412 402
40 to 49 Years 840 1,133
50 to 59 Years 826 804
60 to 69 Years 462 534
70 Years and over 524 771

Education Levels

Educational attainment is a very useful statistic that can give insights into other data such as the average household income, unemployment levels, and literacy.

What this means is that it is likely for areas that have higher levels of education to have higher average household incomes, lower unemployment rates, and higher literacy rates.

The chart below shows the educational attainment of the population in Chatham, New Jersey.

  • Master's degree or higher
    34.03%
  • Bachelor's degree
    50.79%
  • Some college or associate's degree
    2.29%
  • High school diploma or equivalent
    12.23%
  • Less than high school diploma
    0.66%

Unemployment Rates

The unemployment rate is the percentage of the population that is actively looking for work but is unable to find a job. The unemployment rate is a very important statistic for Chatham because it can show how many people are actively looking for work and how many people are unable to find a job.

Lower levels of unemployment is generally seen as a positive sign for the economy. It also makes the government in Chatham look good because it shows that they are doing a good job of creating jobs, working to capacity, being efficient, and keeping the economy strong.

The unemployment rate is calculated using the total population in Chatham, New Jersey that are over the age of 16.

The current population in Chatham that are over the age of 16 is 8,122 people.

The unemployment rate in Chatham is 4.00%, which means 190 people are unemployed.

Median Age in Chatham

The median age is an interesting metric because it gives us an idea of the age distribution of people in Chatham, New Jersey. You know when you see a median age that it is the age where half of the population is older and half is younger than it.

For demographic studies, this can be used to infer and compare date to things such as birth rates, the age of parents, and so on.

An increasing median age can be a sign of an aging population, which can be a sign of a declining population. This is because older people tend to have fewer children and die more often than younger people.

The median age in Chatham is 42.9 years old.

We can also look at the median age by gender to compare the see how each group compares to the total median age:

Median age by gender in Chatham

42.9

Total

39.8

Male

45.1

Female

Households and Families

There are a total of 3,849 households in Chatham, and the average household size is 2.8 people.

For families, the total number is 2,845, and the average family size is 3.38 people.

0.00% of those families in Chatham, New Jersey are living below the poverty line.

The table below shows the poverty thresholds for Chatham in .

Household Size Poverty Threshold
1 Person $14,580.00
2 People $19,720.00
3 People $24,860.00
4 People $30,000.00
5 People $35,140.00
6 People $40,280.00
7 People $45,420.00
8 People $50,560.00

Please note that the poverty thresholds shown above are from , while the latest demographics data we have is from 2022.

Households and Families by Marital Status

There are four types of household and family, as defined by the Census Bureau:

  • Married-couple
  • Male householder, no spouse present
  • Female householder, no spouse present
  • Nonfamily household

In the table below, you can see the total households and families in Chatham, New Jersey for each type, as well as the average sizes.

Married Male Female Nonfamily
Total Households 2,489 111 245 1,004
Average Household Size 3.52 2.69 2.89 1
Total Families 2,489 111 245 0
Average Household Size 3.5 2.55 2.59 0

Housing Data in Chatham

There are total of 3,939 housing units in Chatham, New Jersey. Of those units, 3,849 (97.72%) are occupied, and 90 (2.28%) are vacant.

Rental Rates

Of the 3,939 housing units in Chatham, 577 (14.65%) are occupied by renters. The median rent paid by renters is $2,359.00.

Owner occupied housing units make up the remaining 81.98% of housing units, with 3,229 housing units in total.

The table below breaks down how much rent is paid by renters in Chatham, New Jersey.

  • No rent paid
    43
  • Less than $500
    0
  • $500 to $999
    31
  • $1,000 to $1,499
    0
  • $1,500 to $1,999
    124
  • $2,000 to $2,499
    186
  • $2,500 to $2,999
    54
  • $3,000 or more
    182

Property Values

The median value of a property in Chatham is $1,025,300.00.

The table below breaks down the range of valuations for all properties in Chatham.

  • Less than $50,000
    29
  • $50,000 to $99,999
    36
  • $100,000 to $149,999
    7
  • $150,000 to $199,999
    0
  • $200,000 to $299,999
    49
  • $300,000 to $499,999
    500
  • $500,000 to $999,999
    943
  • $1,000,000 or more
    1,665

Property Age

We can also look at the number of properties built in a given year to see the spread of property age in Chatham, New Jersey.

  • 1939 or earlier
    197
  • 1940 to 1949
    391
  • 1950 to 1959
    772
  • 1960 to 1969
    560
  • 1970 to 1979
    506
  • 1980 to 1989
    658
  • 1990 to 1999
    401
  • 2000 to 2009
    289
  • 2010 to 2013
    163
  • 2014 or later
    2

Vehicles Available per Household

Finally, we have data on how many vehicles each household in Chatham has. The table below breaks down the number of vehicles available per household.

  • No vehicles available
    227
  • 1 vehicle available
    1,167
  • 2 vehicles available
    1,639
  • 3 or more vehicles available
    816

Commuting to Work in Chatham

The time and means of commuting to work are useful metrics to look at because they can be correlated against other data such as income and education level.

Does a longer commuting time indicate a higher average income? If so, has the huge increase in home working during the pandemic changed this?

Using these metrics, we can get a better understanding of the demographics of Chatham, New Jersey, how they commute, and how that correlates to other data points.

The average travel time is 33.7 minutes, and the chart below covers the range of travel times across the population of Chatham.

  • Less than 5 minutes
    66
  • 5 to 9 minutes
    213
  • 10 to 14 minutes
    504
  • 15 to 19 minutes
    375
  • 20 to 24 minutes
    730
  • 25 to 29 minutes
    148
  • 30 to 34 minutes
    200
  • 35 to 39 minutes
    57
  • 40 to 44 minutes
    103
  • 45 to 59 minutes
    136
  • 60 to 89 minutes
    445
  • 90 or more minutes
    361

We can also look at the means of transport in Chatham to see which modes of transport people are using to commute to work.

  • Drove alone
    2,659
  • Carpooled
    93
  • Public transportation
    547
  • Walked
    20
  • Other means
    19
  • Worked from home
    1,219

Conclusion

Hopefully this article has given you the demographics data you were looking for in Chatham, New Jersey.

If you need more demographics data, or you need the data listed above in spreadsheet form with more granular grouping, head back to the top of this page where you can purchase the complete demographics data for Chatham.

Link To or Reference This Page

We spent a lot of time downloading, cleaning, merging, and formatting the data that is shown on the site.

If you found the data or information on this page useful in your research, please use the tool below to properly cite or reference Name Census as the source. We appreciate your support!

  • "Chatham Average Income, Population and Demographics". NameCensus.com. Accessed on March 28, 2024. https://namecensus.com/demographics/new-jersey/morris-county/chatham/.

  • "Chatham Average Income, Population and Demographics". NameCensus.com, https://namecensus.com/demographics/new-jersey/morris-county/chatham/. Accessed 28 March, 2024

  • Chatham Average Income, Population and Demographics. NameCensus.com. Retrieved from https://namecensus.com/demographics/new-jersey/morris-county/chatham/.