Chatham, MA
Maps & Population Facts
Population
6,149
Population Density
380
Labor Participaton
53.4%
Bachelor's or Higher
55.5%
Median Household Income
$74,875
Median Individual Income
$32,731
Median Individual Income(Full-time Workers Only)
$55,993
Housing Estimates
Median House Value
$614,000
Median Gross Rent
$1,114
Median Mortgage Payment
$2,073
Housing Units
7,211
People who reside in Chatham live in:
Detached - Single Family Homes
87%
Apt, Condo, Other
13%
Analysis
Income
Households in Chatham earn significantly more money than the national median income, averaging 24% higher per household.
Housing
Chatham has a median house price of $614,000, which makes it one of the most expensive places in the United States to own property. The cost of renting in Chatham is 10% more than the national average.
| Percent | |
|---|---|
| Renter Occupied Households | 38% |
| New Construction (Built after 2000) | 11% |
Demographics
The median age in Chatham is 59. Chatham has a population that is significantly older than in comparison to the US median age.
Chatham ranks in the highest of the nation for having an educated population with more college graduates per resident than most areas.
Housing Data
Housing Comparison
| Chatham | Massachusetts | USA | |
| Median Property Value | 614,000 | 385,400 | 217,600 |
| Median Mortgage Payment | 2,073 | 2,108 | 1,513 |
| Median Gross Rent | 1,114 | 1,208 | 1,012 |
| Property Vacancy | 60.8% | 10.0% | 12.6% |
| % Renters | 21% | 38% | 36% |
| Residents per Sq. Mi. | 380 | 885 | 93 |
Personal Comparison
| Chatham | Massachusetts | USA | |
| Median Household Income | 74,875 | 77,385 | 60,336 |
| Median Individual Income | 32,731 | 41,700 | 33,646 |
| Median Income (Full-Time) | 55,993 | 60,923 | 46,881 |
| Median Age | 59.2 | 39.5 | 38.1 |
| Labor Participation | 53.4% | 67.8% | 62.8% |
| Attained College Degree | 55.5% | 43.4% | 32.0% |
Population Density Analysis
Chatham, MA
380
Residents per Sq. Mile
The population density of Chatham is comparable to that of a Rural Area.
Major City
10,000 Residents +
Mid-Sized City
5,000 Residents +
Small City
2,500 Residents +
Suburban
500 Residents +
Rural
100 Residents +
Remote
1 Residents +