Chatham is a somewhat small borough located in the state of New Jersey. With a population of 9,253 people and three constituent neighborhoods, Chatham is the 211th 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 96.18% 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 (22.82%), business and financial occupations (15.41%), and sales jobs (12.06%).
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.
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.
Telecommuters are a relatively large percentage of the workforce: 11.14% of people work from home. While this number may seem small overall, as a fraction of the total workforce it is high relative to the nation. 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". Urban sophisticates are people who are both educated and wealthy, and thus tend to be older, richer, and more established than young professionals. "Urban sophisticates" is not just about being educated and well-off financially: it is a point of view and state of mind, one that you might call 'urbaneness'. But such people can and do regularly live in small towns, suburbs and rural areas, as well as in big cities. They read, support the arts and high-end shops, and love travel.
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.
In Chatham, however, the average commute to work is quite long. On average, people spend 37.20 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.
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.
If knowledge is power, Chatham is a pretty powerful place. 78.74% of the adults in Chatham have earned a 4-year college degree, masters degree, MD, law degree, or even PhD. Compare that to the national average of 21.84% for all cities and towns.
The per capita income in Chatham in 2018 was $85,817, which is wealthy relative to New Jersey and the nation. This equates to an annual income of $343,268 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, English, German, and Polish.
The most common language spoken in Chatham is English. Other important languages spoken here include Chinese and Spanish.