Chatham is a somewhat small borough located in the state of New Jersey. With a population of 8,993 people and four constituent neighborhoods, Chatham is the 221st largest community in New Jersey.
Chatham home prices are not only among the most expensive in New Jersey, but Chatham real estate also consistently ranks among the most expensive in America.
Chatham is a decidedly white-collar borough, with fully 93.84% of the workforce employed in white-collar jobs, well above the national average. Overall, Chatham is a borough of managers, professionals, and sales and office workers. There are especially a lot of people living in Chatham who work in management occupations (23.21%), sales jobs (13.47%), and business and financial occupations (10.68%).
Of important note, Chatham is also a borough of artists. Chatham has more artists, designers and people working in media than 90% of the communities in America. This concentration of artists helps shape Chatham’s character.
Also of interest is that Chatham 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: 7.61% 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.
In addition, Chatham is home to many people who could be described as "urban sophisticates", which are people who are not only wealthy and employed in professional occupations, but highly educated to boot. Urban sophisticates have urbane tastes - whether they reside in a big or small city, a suburb, or a little town. Urban sophisticates support bookstores, quality clothing stores, enjoy luxury travel, and in big cities, they are truly the patrons of the arts, attending and supporting institutions such as opera, symphony, ballet, and theatre.
Because of many things, Chatham is a very good place for families to consider. With an enviable combination of good schools, low crime, college-educated neighbors who tend to support education because of their own experiences, and a high rate of home ownership in predominantly single-family properties, Chatham really has some of the features that families look for when choosing a good community to raise children. Is Chatham perfect? Of course not, and if you like frenetic nightlife, it will be far from your cup of tea. But overall this is a solid community, with many things to recommend it as a family-friendly place to live.
One downside of living in Chatham, however, is that residents on average have to contend with a long commute, spending on average 34.04 minutes every day commuting to work. However, local public transit is widely used. For those who would prefer to avoid driving entirely and leave their car at home, it may be an option to use the transit instead.
Despite being a small borough, Chatham has a lot of people using the train to get to and from work every day. Most of these people on the train are using it to get to good jobs in other cities.
Do you like to read, write and learn? If you move to Chatham, you'll likely find that many of your neighbors like to as well. Chatham is one of the more educated communities in America, with a full 74.14% 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 Chatham in 2010 was $70,315, which is wealthy relative to New Jersey and the nation. This equates to an annual income of $281,260 for a family of four.
The people who call Chatham home describe themselves as belonging to a variety of racial and ethnic groups. The greatest number of Chatham residents report their race to be White, followed by Asian. Important ancestries of people in Chatham include Italian, German, English, and Polish.
The most common language spoken in Chatham is English. Other important languages spoken here include Spanish and Chinese.