Chatham is a somewhat small borough located in the state of New Jersey. With a population of 9,275 people and three associated 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.
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.
Telecommuters are a relatively large percentage of the workforce: 32.59% 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 educated, wealthy, executives and professionals, who have urbane tastes in books, food, and travel, whether they actually live in a big city, or choose to reside in a small town. In big or medium-sized cities, urban sophisticates tend to frequent art institutions such as opera, symphonies, ballet, live theatre, and museums.
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.
One downside of living in Chatham, however, is that residents on average have to contend with a long commute, spending on average 34.39 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 84.74% 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 2022 was $99,600, which is wealthy relative to New Jersey and the nation. This equates to an annual income of $398,400 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 Chinese and Spanish.