Also See Chatham, NJ: ZIP Codes & Maps
The Borough of Chatham had a population of 9,245 as of July 1, 2023.
The primary coordinate point for Chatham is located at latitude 40.7409 and longitude -74.3838 in Morris County. The formal boundaries for the Borough of Chatham encompass a land area of 2.34 sq. miles and a water area of 0.05 sq. miles. Morris County is in the Eastern time zone (GMT -5).
The Borough of Chatham has a C5 Census Class Code which indicates an active incorporated place that is independent of any county subdivision and serves as a county subdivision equivalent. It also has a Functional Status Code of "A" which identifies an active government providing primary general-purpose functions.
POPULATION | |
---|---|
Total Population | 9,245 (100%) |
Population in Households | 9,204 (99.6%) |
Population in Families | 8,322 (90.0%) |
Population in Group Quarters1 | 41 ( 0.4%) |
Population Density | 3,946 |
Diversity Index2 | 47 |
INCOME | |
Median Household Income | $200,001 |
Average Household Income | $306,494 |
% of Income for Mortgage4 | 25% |
Per Capita Income | $103,212 |
Wealth Index5 | 321 |
Socioeconomic Status Index6 | High (72.1) |
HOUSING | |
---|---|
Total HU (Housing Units) | 3,256 (100%) |
Owner Occupied HU | 2,480 (76.2%) |
Renter Occupied HU | 633 (19.4%) |
Vacant Housing Units | 143 ( 4.4%) |
Median Home Value | $832,533 |
Average Home Value | $918,145 |
Housing Affordability Index3 | 93 |
HOUSEHOLDS | |
Total Households | 3,113 |
Average Household Size | 2.96 |
Family Households | 2,397 |
Average Family Size | 3.00 |
GROWTH RATE / YEAR |
2020-2023 | 2023-2028 |
---|---|---|
Population | 0.11% | 1.49% |
Households | 0.56% | 1.68% |
Families | 1.78% | |
Median Household Income | 0.00% | |
Per Capita Income | 1.73% | |
Owner Occupied HU | 0.46% |
The table below compares Chatham to the other 700 incorporated cities, towns and CDPs in New Jersey by rank and percentile using July 1, 2023 data. The location Ranked # 1 has the highest value. A location that ranks higher than 75% of its peers would be in the 75th percentile of the peer group.
Variable Description | Rank | Percentile |
---|---|---|
Total Population | # 175 | 75th |
Population Density | # 183 | 74th |
Median Household Income | # 6 | 97th |
Housing Affordability Index | # 473 | 68th |
Per Capita Income | # 16 | 98th |
Diversity Index | # 417 | 40th |
Additional comparisons and rankings can be made with a VERY EASY TO USE New Jersey Census Data Comparison Tool.
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