Chatham is a somewhat small borough located in the state of New Jersey. With a population of 8,635 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 97.23% 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 (21.02%), business and financial occupations (15.66%), and sales jobs (12.57%).
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.
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 great place for families with children to consider. First of all, many other families with children live here, making Chatham a place where both parents and children are more likely to develop social ties with other families, as well as find family-oriented services and community. The borough’s good public school district and large population of college-educated adults provide an environment conducive to academic values. With regard to real estate, Chatham has a high rate of owner-occupied single family homes, which tends to reflect stability in the local community. Finally, Chatham’s overall crime rate is lower than average for the country.
In Chatham, however, the average commute to work is quite long. On average, people spend 37.14 minutes each day getting to work, which is significantly higher than the national average. One bright side is that local public transit is widely used, so it may be an option to avoid the headache of driving in the heavy traffic by leaving the car at home and taking transit.
Even though Chatham is a smaller borough, it has many people who hop on public transportation – mostly the train for their daily commute to work. Typically, these people are commuting to good jobs in the surrounding cities.
Do you have a 4-year college degree or graduate degree? If so, you may feel right at home in Chatham. 77.71% of adults here have a 4-year degree or graduate degree, whereas the national average for all cities and towns is just 21.84%.
The per capita income in Chatham in 2018 was $82,341, which is wealthy relative to New Jersey and the nation. This equates to an annual income of $329,364 for a family of four.
Chatham is a somewhat ethnically-diverse borough. 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 Irish, Italian, German, English, and Polish.
The most common language spoken in Chatham is English. Other important languages spoken here include Spanish and Chinese.