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". 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.
Chatham is a good choice for families with children because of several factors. Many other families with children live here, making it a place where both parents and children are more likely to develop social ties with other families. The borough’s good public school district and large population of college-educated adults provide an environment conducive to academic success. Many people own their own single-family homes, providing areas for children to play and stability in the community. Finally, Chatham’s overall crime rate is lower than average for the country.
One downside of living in Chatham is that it can take a long time to commute to work. In Chatham, the average commute to work is 37.14 minutes, which is quite a bit higher than the national average. On the other hand, local public transit is widely used in the borough, so leaving the car at home and taking transit is often a viable alternative.
In Chatham, a lot of people use the train to get to work every day though Chatham is a relatively small borough. Those that ride the train are primarily traveling out of town to good jobs in other cities.
If knowledge is power, Chatham is a pretty powerful place. 77.71% 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 $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.