Chatham is a somewhat small borough located in the state of New Jersey. With a population of 9,226 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.
And if you like science, one thing you'll find is that Chatham has lots of scientists living in town - whether they be life scientists, physical scientists (like astronomers), or social scientists (like geographers!). So, if you're scientific-minded, you might like it here too.
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.
One interesting thing about the economy is that relatively large numbers of people worked from their home: 28.83% 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 35.44 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.
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.
Do you have a 4-year college degree or graduate degree? If so, you may feel right at home in Chatham. 82.34% 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 2022 was $99,651, which is wealthy relative to New Jersey and the nation. This equates to an annual income of $398,604 for a family of four.
Chatham is a very 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.