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.Chatham is a decidedly white-collar borough, with fully 95.08% 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 (24.49%), business and financial occupations (18.07%), and sales jobs (10.19%). 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 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 is that it can take a long time to commute to work. In Chatham, the average commute to work is 35.44 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. 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.If knowledge is power, Chatham is a pretty powerful place. 82.34% 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 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.
