What is the population of Chatham town?

Chatham town has 1,535 residents on Census ACS 2019-2023 ACS 5-year estimates, ranking #316 of 688 in Virginia.

What is the median household income in Chatham town?

Median household income in Chatham town is $54,485 a year, 30.6% below the national figure of $78,538.

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

Median gross rent is $1,028 a month and the median home value is $168,100, so rent absorbs about 22.6% of median household income.

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

Homes cost about 3.1× the local median income here versus roughly 3.9× nationally, so Chatham town is more affordable to buy in than the typical US market, and rent takes 22.6% of median income against the 30% cost-burden line.

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Virginia · Census place 15000

Chatham, VA population, income and ZIP codes

Quick answer

The population of the city of Chatham, Virginia (Chatham, VA — Census place “Chatham town”) is 1,535 residents, ranking #316 of 688 places in Virginia. Median household income is $54,485, the median home is worth $168,100 and median gross rent runs $1,028 a month. Looking for the Chatham Virginia ZIP code list? 1 ZIP codes serve Chatham, VA: 24531.

Population: 1,535Chatham town residents
Median household income: $54,485Past 12 months, inflation adjusted
Median home value: $168,100Owner-occupied units
Median gross rent: $1,028Rent plus utilities, monthly
Median age: 35.7 yrsAll residents
Homeownership rate: 61.8%Owner-occupied households

Chatham ZIP codes (Virginia)

Census ZCTAs whose delivery area overlaps Chatham.

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

24531

What the numbers mean in Chatham town

Housing cost measured against local earnings.

A household earning the Chatham town median would spend about 22.6% 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 3.1× the median household income; nationally that ratio sits near 4.5×. Poverty affects 6.8% of residents and 61.8% 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 town, VA in context

How this area compares with national benchmarks.

Chatham town is a small town in Virginia, with 1,535 residents counted in the Census American Community Survey 2019-2023 ACS 5-year estimates, which places it #316 of 688 ranked by population — larger than 54% of them. The median age here is 35.7 years against 39.1 nationally, a slightly younger profile than the country as a whole. At this population the ACS sample is small, so the margin of error around every dollar figure below is wide — treat the numbers as a band, not a point, and expect them to move between annual releases without the place itself changing.

Households in Chatham town earn a median of $54,485 a year, 30.6% below the national figure of $78,538 and 34% below the $82,986 median for the 383 Virginia cities we cover. This figure covers the household, not the worker: two people on ordinary wages at one address outrank a single professional in the same table. Poverty reaches 6.8% of residents here, below the 12.4% national rate.

The typical owner-occupied home in Chatham town is valued at $168,100, 44.6% below the national figure and 42% below the $291,300 peer median, while median gross rent runs $1,028 a month, 26.9% below the national figure, or roughly $12,336 across a full year. A household on the local median income would put about 22.6% of gross pay toward that rent against the federal 30% cost-burden threshold, so renting here is within the standard affordability guideline. The home-price-to-income ratio works out to 3.1×, against roughly 3.9× nationally, so buying is easier here than in the average US market. 61.8% of occupied homes are owner-occupied versus 65% nationally, so the market leans more heavily on renters. Rent is reported gross — contract rent plus tenant-paid utilities — which is why it runs above the advertised price on a listing for the same unit.

All values below were released by the Census for this exact geography, with no gap-filling on our side. 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.

Compare with nearby places

Places of similar size in Virginia.

More Virginia coverage.

Frequently asked questions

Common questions about this area.

What is the population of Chatham town?: Chatham town has 1,535 residents on Census ACS 2019-2023 ACS 5-year estimates, ranking #316 of 688 in Virginia.
What is the median household income in Chatham town?: Median household income in Chatham town is $54,485 a year, 30.6% below the national figure of $78,538.
How much does it cost to rent or buy in Chatham town?: Median gross rent is $1,028 a month and the median home value is $168,100, so rent absorbs about 22.6% of median household income.
Is Chatham town affordable compared with the rest of the US?: Homes cost about 3.1× the local median income here versus roughly 3.9× nationally, so Chatham town is more affordable to buy in than the typical US market, and rent takes 22.6% of median income against the 30% cost-burden line.
How current is this Chatham town data?: All figures come from the US Census Bureau American Community Survey 2019-2023 ACS 5-year five-year estimates. At this population the ACS sample is small, so the margin of error around every dollar figure below is wide — treat the numbers as a band, not a point, and expect them to move between annual releases without the place itself changing.