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ZipNumbers

New Jersey · Census place 12100

Chatham borough, NJ

Quick answer

Chatham borough has 9,219 residents, ranking #173 of 700 places in New Jersey. Median household income is $250,001, the median home is worth $944,300 and median gross rent runs $2,251 a month.

Population
9,219Chatham borough residents
Median household income
$250,001Past 12 months, inflation adjusted
Median home value
$944,300Owner-occupied units
Median gross rent
$2,251Rent plus utilities, monthly
Median age
37.4 yrsAll residents
Homeownership rate
81.5%Owner-occupied households

What the numbers mean in Chatham borough

Housing cost measured against local earnings.

A household earning the Chatham borough median would spend about 10.8% 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 3.8× the median household income; nationally that ratio sits near 4.5×. Poverty affects 2.5% of residents and 81.5% of households own their home.

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

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