What is the population of Chatham village?

Chatham village has 14,740 residents on Census ACS 2019-2023 ACS 5-year estimates, ranking #166 of 1,462 in Illinois.

What is the median household income in Chatham village?

Median household income in Chatham village is $106,030 a year, 35% above the national figure of $78,538.

How much does it cost to rent or buy in Chatham village?

Median gross rent is $1,157 a month and the median home value is $231,900, so rent absorbs about 13.1% of median household income.

Is Chatham village affordable compared with the rest of the US?

Homes cost about 2.2× the local median income here versus roughly 3.9× nationally, so Chatham village is more affordable to buy in than the typical US market, and rent takes 13.1% of median income against the 30% cost-burden line.

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Illinois · Census place 12684

Chatham, IL population, income and ZIP codes

Quick answer

The population of the city of Chatham, Illinois (Chatham, IL — Census place “Chatham village”) is 14,740 residents, ranking #166 of 1462 places in Illinois. Median household income is $106,030, the median home is worth $231,900 and median gross rent runs $1,157 a month. Looking for the Chatham Illinois ZIP code list? 1 ZIP codes serve Chatham, IL: 62629.

Population: 14,740Chatham village residents
Median household income: $106,030Past 12 months, inflation adjusted
Median home value: $231,900Owner-occupied units
Median gross rent: $1,157Rent plus utilities, monthly
Median age: 35.1 yrsAll residents
Homeownership rate: 79.6%Owner-occupied households

Chatham ZIP codes (Illinois)

Census ZCTAs whose delivery area overlaps Chatham.

The Chatham IL ZIP code list below covers 1 ZIP code. Open any one for its population, income, housing and rent profile.

62629

What the numbers mean in Chatham village

Housing cost measured against local earnings.

A household earning the Chatham village median would spend about 13.1% of gross income on the median rent. The 30% mark is the federal threshold for cost burden, so anything above it signals a stretched rental market. The median home costs 2.2× the median household income; nationally that ratio sits near 4.5×. Poverty affects 3.7% of residents and 79.6% of households own their home.

Source: US Census Bureau, ACS 2019-2023 5-year estimates · rates as published for 2019-2023 ACS 5-year

Chatham village, IL in context

How this area compares with national benchmarks.

Chatham village is a mid-size town in Illinois, with 14,740 residents counted in the Census American Community Survey 2019-2023 ACS 5-year estimates, which places it #166 of 1,462 ranked by population — larger than 88% of them. The median age here is 35.1 years against 39.1 nationally, a slightly younger profile than the country as a whole. Places under 65,000 residents only appear in the five-year release, never the one-year file, so these values pool sixty months of responses and lag the current year by design.

Households in Chatham village earn a median of $106,030 a year, 35% above the national figure of $78,538 and 43% above the $74,244 median for the 698 Illinois cities we cover. The median is the midpoint household, not an average, so a handful of very high earners cannot drag it upward the way they distort a mean. Poverty reaches 3.7% of residents here, less than half the 12.4% national rate.

The typical owner-occupied home in Chatham village is valued at $231,900, 23.6% below the national figure and 29% above the $179,100 peer median, while median gross rent runs $1,157 a month, 17.7% below the national figure, or roughly $13,884 across a full year. A household on the local median income would put about 13.1% of gross pay toward that rent against the federal 30% cost-burden threshold, so renting here is cheap relative to what people here earn. The home-price-to-income ratio works out to 2.2×, against roughly 3.9× nationally, so purchase prices are unusually low against local pay, the pattern in places where supply is plentiful and wage growth has been flat. 79.6% of occupied homes are owner-occupied versus 65% nationally, so the market leans toward owners. Gross rent folds in the utilities a tenant pays separately, so it is closer to the real monthly outlay than a headline rent figure.

No figure on this page is estimated by us; each one comes straight from the published ACS tables for this area. Small-area estimates still carry wider margins of error than state or national figures, so check the linked ACS tables before relying on them for lending, appraisal or legal work.

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Frequently asked questions

Common questions about this area.

What is the population of Chatham village?: Chatham village has 14,740 residents on Census ACS 2019-2023 ACS 5-year estimates, ranking #166 of 1,462 in Illinois.
What is the median household income in Chatham village?: Median household income in Chatham village is $106,030 a year, 35% above the national figure of $78,538.
How much does it cost to rent or buy in Chatham village?: Median gross rent is $1,157 a month and the median home value is $231,900, so rent absorbs about 13.1% of median household income.
Is Chatham village affordable compared with the rest of the US?: Homes cost about 2.2× the local median income here versus roughly 3.9× nationally, so Chatham village is more affordable to buy in than the typical US market, and rent takes 13.1% of median income against the 30% cost-burden line.
How current is this Chatham village data?: All figures come from the US Census Bureau American Community Survey 2019-2023 ACS 5-year five-year estimates. Places under 65,000 residents only appear in the five-year release, never the one-year file, so these values pool sixty months of responses and lag the current year by design.