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Virginia · Census place 15000

Chatham town, VA

Quick answer

Chatham town has 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.

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

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

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