Chatham borough, New Jersey Demographics & Population 2026
As of 2026, Chatham borough, New Jersey has a total population of 9,219, the 173rd largest city in New Jersey, with a median household income of $250,001, which is 147% higher than the state average. The poverty rate is 2.5%.
Key Takeaways
- Household income is 147% above the state average — one of the wealthiest communities in New Jersey.
- An exceptionally low poverty rate of 2.5% — among the lowest in New Jersey.
- 84.7% of adults hold a bachelor's degree or higher — top 10% in New Jersey.
Chatham borough Quick Facts
How Chatham borough Compares
Median Household Income
Median Home Value
Economy & Housing
Household Income Distribution
Employment
Housing Overview
People & Demographics
Age Distribution
Race & Ethnicity
Diversity Index
A less diverse community where one racial or ethnic group represents a large majority.
State average: 65 | National average: 60
Education
Educational Attainment (Adults 25+)
Chatham borough Rankings in New Jersey
Explore New Jersey Rankings
Other Cities in Morris County
| City | Population | Median Income | Poverty | Home Value |
|---|---|---|---|---|
| Morristown town | 20,256 | $115,409 | 9.2% | $552,800 |
| Dover town | 18,420 | $70,519 | 11.6% | $347,100 |
| Madison borough | 16,464 | $168,469 | 2.8% | $882,900 |
| Florham Park borough | 13,134 | $147,714 | 7.8% | $722,700 |
| Lincoln Park borough | 10,901 | $119,000 | 3.4% | $419,500 |
| Kinnelon borough | 9,971 | $178,102 | 2.0% | $682,600 |
| Boonton town | 8,803 | $100,417 | 7.5% | $475,300 |
| Butler borough | 8,072 | $110,375 | 9.3% | $425,900 |
| Wharton borough | 7,254 | $92,548 | 18.8% | $348,100 |
| Rockaway borough | 6,589 | $100,028 | 6.3% | $427,800 |
Cities Similar to Chatham borough
These cities in the same state have comparable population and economic profiles.
| City | Population | Median Income | Home Value | Bachelor's+ | Poverty |
|---|---|---|---|---|---|
| Upper Saddle River borough | 8,354 | $246,719 | $1,101,800 | 74.3% | 4.4% |
| Blackwells Mills CDP | 10,220 | $248,149 | $736,000 | 77.7% | 1.5% |
| Glen Ridge borough | 7,827 | $248,016 | $730,600 | 83.4% | 1.0% |
| Oradell borough | 8,197 | $214,736 | $702,400 | 71.9% | 3.6% |
| Cresskill borough | 9,101 | $173,293 | $764,800 | 58.5% | 2.3% |
Population Overview
Chatham borough is a small city located in New Jersey, within Morris County. The total population is 9,219. It ranks as the 173rd most populous out of 700 cities and towns in New Jersey.
Age Demographics
The median age in Chatham borough is 37.4 years. This is 7% lower than the state median of 40.1 years. With 32.5% of the population under 18, Chatham borough has a notably young demographic profile, suggesting a family-oriented community.
Economy, Income & Housing
The median household income in Chatham borough is $250,001. This is 147% higher than the state median of $101,050. Compared to the national median of $78,538, household income here is 218% higher. The poverty rate stands at 2.5%. This is 74% lower than the state poverty rate of 9.8%. This exceptionally low poverty rate indicates strong economic prosperity across the community. The unemployment rate is 5.9%. This is 4% lower than the state rate of 6.2%. The median home value is $944,300. Housing costs are 121% higher than the state median of $427,600. The home-value-to-income ratio is 3.8x. 81.5% of occupied housing units are owner-occupied. This homeownership rate is 28% higher than the state average of 63.7%.
Race & Ethnicity
The largest racial or ethnic group in Chatham borough is White (non-Hispanic), making up 80.0% of the population. Asian residents account for 10.5%. The White (non-Hispanic) population is significantly higher than the state average (80.0% vs 51.9%). The Black or African American population (0.5%) is well below the state average of 12.3%. The Hispanic or Latino population (5.4%) is well below the state average of 21.9%.
Education
84.7% of residents aged 25 and older hold a bachelor's degree or higher. This places Chatham borough in the top 10% of all cities in the state for educational attainment. This is 97% higher than the state rate of 42.9%. Nationally, 35.0% of adults hold at least a bachelor's degree. The high school graduation rate (or equivalent) is 99.2%. Notably, 42.6% of adults hold a graduate or professional degree, indicating a highly educated workforce.
Data Sources & Methodology
All demographic data for Chatham borough, New Jersey is sourced from the U.S. Census Bureau's American Community Survey (ACS) 5-Year Estimates (2019-2023). The ACS collects data from approximately 3.5 million households annually, providing reliable estimates for communities of all sizes. Comparisons are made against New Jersey state averages and national averages calculated from the same dataset. Rankings reflect the city's position among all 700 Census-designated places in New Jersey. For official data, visit data.census.gov.
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Frequently Asked Questions
What is the population of Chatham borough, New Jersey?
Chatham borough, New Jersey has a population of 9,219 according to the most recent U.S. Census ACS 5-Year Estimates.
What is the median household income in Chatham borough, NJ?
The median household income in Chatham borough is $250,001, which is 218% higher the national median of $78,538.
What is the poverty rate in Chatham borough, NJ?
The poverty rate in Chatham borough is 2.5%. This means approximately 231 residents live below the federal poverty line.
What is the racial makeup of Chatham borough, New Jersey?
Chatham borough's population is 80.0% White, 0.5% Black, 5.4% Hispanic/Latino, and 10.5% Asian.
What is the median home value in Chatham borough, NJ?
The median home value in Chatham borough is $944,300. The home-value-to-income ratio is 3.8x.
How educated is Chatham borough, New Jersey?
84.7% of adults (25+) in Chatham borough hold a bachelor's degree or higher, and 42.6% hold a graduate or professional degree.