Race & Ethnicity
Age Breakdown
Key Indicators
| Median Age | 39.8 yrs |
|---|---|
| Avg HH Size | 2.91 |
| Below Poverty | 2.2% ▼ 78% below avg |
| College Grads | 85.5% ▲ 121% above avg |
| Unemployment | 5.5% ▲ 12% above avg |
| No HS Diploma | 21 (0.2%) |
| HS Graduate | 872 (7.3%) |
| Some College | 315 (2.6%) |
| Associates | 537 (4.5%) |
| Bachelors | 285 (2.4%) |
| Graduate Degree | 9,961 (83.1%) |
Education
Housing Tenure
Home Value Distribution
Financials
| Median HH Income | $236,000 ▲ 209% above avg |
|---|---|
| Median Home Value | $965,800 ▲ 246% above avg |
| Home/Income Ratio | 4.1x (nat avg ~3.5x) |
| Median Rent | $2,441/mo |
| Total Housing Units | 6,837 |
| Vacant Units | 147 |
Income Distribution
How People Get to Work
Commute Time
Year Built
Chatham is a city in New Jersey, located in Morris County. The city spans 1 ZIP code and is home to approximately 19,667 residents. It is a middle-aged city, with a median age of 39.8 years.
Economically, Chatham is a affluent community. The median household income of $236,000 is more than double the national average. Approximately 2.2% of residents live below the poverty line. The unemployment rate is 5.5%, near the national average.
The real estate market in Chatham is among the most expensive housing markets in the country. Median home values stand at $965,800, which is more than double the national average. Renters typically pay around $2,441 per month. Homeownership is high at 82.2%, typical of suburban and family-oriented communities.
The population of Chatham is highly educated. 85.5% of adults hold a bachelor's degree or higher — more than double the national average. The community is primarily White (77.79%).
Chatham, NJ offers residents above-average earning potential within New Jersey.
| ZIP | Population | Median Income | Median Home | Median Rent | Unemp. | College | Owner Occ. |
|---|---|---|---|---|---|---|---|
| 07928 | 19,667 | $236,000 | $965,800 | $2,441 | 5.5% | 85.5% | 82.2% |