Chatham, New Jersey Demographics & Population 2026

Name: Chatham, New Jersey Demographics
Creator: U.S. Census Bureau
License: https://www.census.gov/data/developers/about/terms-of-service.html

During the 2020–2024 ACS period, Chatham, New Jersey had a total population of 9,407, the 170th largest borough in New Jersey, with a median household income of $241,500, which is 133% higher than the state average. The poverty rate is 2.2%.

Data vintage: U.S. Census Bureau ACS 2020–2024 5-Year Estimates · refreshed July 2026 · Methodology & source notes

Key Takeaways

Household income is 133% above the state average — one of the wealthiest communities in New Jersey.
An exceptionally low poverty rate of 2.2% — among the lowest in New Jersey.
83.7% of adults hold a bachelor's degree or higher — top 10% in New Jersey.

Chatham Quick Facts

Population 9,407

Median Household Income $241,500

Median Home Value $984,900

Poverty Rate 2.2%

Unemployment Rate 5.2%

Median Age 37.8 years

Homeownership Rate 82.5%

Affordability Ratio 4.1x

Bachelor's Degree or Higher 83.7%

High School Graduation Rate 99.1%

Diversity Index 37/100

Population 9,407 170th of 700

Median Income $241,500 top 10%

Poverty Rate 2.2% 83% lower than national

Median Home Value $984,900 top 10%

How Chatham Changed

Change from the 2019–2023 ACS period to 2020–2024. These are rolling five-year estimates, not year-over-year measurements.

Metric	2019–2023	2020–2024	Change
Population	9,219	9,407	+2.0%
Median household income	$250,000+	$241,500	-3.4%
Median home value	$944,300	$984,900	+4.3%

How Chatham Compares

Median Household Income

Chatham

$241,500

$103,556

National

$80,734

Median Home Value

Chatham

$984,900

$454,400

National

$332,700

Economy & Housing

Household Income Distribution

Under $25K 4.5%

$25K-$50K 4.6%

$50K-$100K 14.5%

$100K+ 76.4%

Detailed income brackets

Under $10K

2.3%

$10K-$15K

0.8%

$15K-$20K

0.7%

$20K-$25K

0.6%

$25K-$30K

2.0%

$30K-$35K

1.0%

$35K-$40K

0.6%

$40K-$45K

0.3%

$45K-$50K

0.6%

$50K-$60K

2.3%

$60K-$75K

4.9%

$75K-$100K

7.3%

$100K-$125K

3.4%

$125K-$150K

6.0%

$150K-$200K

7.9%

$200K+

59.2%

Employment

5.2% Unemployment Rate State: 6.3%|National: 5.2%

71.7% Labor Force Participation

Housing Overview

Owner 82.5%

Renter 17.5%

Affordability Index Moderate

4.1x home value to income ratio

Median gross rent $2,250/mo 11.2% of median household income annually

People & Demographics

Age Distribution

Under 18

32.7%

18-34

14.0%

35-54

31.1%

55-74

17.1%

75+

5.0%

Race & Ethnicity

Diversity Index

Low Diversity

A less diverse community where one racial or ethnic group represents a large majority.

State average: 66 | National average: 61

Education

Educational Attainment (Adults 25+)

Chatham Rankings in New Jersey

#170 Population of 700

#19 Median Income of 662

#14 Education of 699

#45 Home Value of 678

Explore New Jersey Rankings

Cities by Population All cities ranked by size Richest Cities Ranked by median income Most Educated By bachelor's degree rate Most Affordable By housing affordability

Other Cities in Morris County

City	Population	Median Income	Poverty	Home Value
Parsippany	21,345	$99,405	6.7%	$555,400
Morristown	20,453	$121,340	7.8%	$567,600
Dover	18,563	$73,737	14.2%	$366,700
Madison	16,447	$171,471	3.2%	$943,200
Florham Park	13,564	$158,696	8.7%	$791,400
Lake Hiawatha	11,018	$104,663	3.4%	$428,600
Pompton Plains	10,971	$117,959	5.6%	$539,000
Lincoln Park	10,957	$123,397	2.9%	$443,300
Budd Lake	10,650	$114,154	4.6%	$456,100
Lake Hopatcong	10,259	$117,625	4.0%	$424,200

Cities Similar to Chatham

These cities in the same state have comparable population and economic profiles.

City	Population	Median Income	Home Value	Bachelor's+	Poverty
Blackwells Mills	10,301	$250,000+	$735,000	76.2%	1.7%
Upper Saddle River	8,439	$250,000+	$1,108,700	77.4%	4.5%
Park Ridge	9,406	$171,029	$706,200	57.5%	1.5%
Franklin Lakes	11,084	$235,795	$1,264,000	77.4%	3.5%
Oradell	8,235	$221,322	$737,800	71.8%	3.6%

Population Overview

Chatham is a small city located in New Jersey, within Morris County. The total population is 9,407. It ranks as the 170th most populous out of 700 Census-designated places in New Jersey.

Age Demographics

The median age in Chatham is 37.8 years. This is 6% lower than the state median of 40.1 years. With 32.7% of the population under 18, Chatham has a notably young demographic profile, suggesting a family-oriented community.

Economy, Income & Housing

The median household income in Chatham is $241,500. This is 133% higher than the state median of $103,556. It is also 199% higher than the national median of $80,734. The poverty rate stands at 2.2%. This is 78% lower than the state poverty rate of 9.7%. This exceptionally low poverty rate indicates strong economic prosperity across the community. The unemployment rate is 5.2%. This is 17% lower than the state rate of 6.3%. The median home value is $984,900. Housing costs are 117% higher than the state median of $454,400. The home-value-to-income ratio is 4.1x. 82.5% of occupied housing units are owner-occupied. This homeownership rate is 29% higher than the state average of 63.8%.

Race & Ethnicity

The largest racial or ethnic group in Chatham is White (non-Hispanic), making up 78.4% of the population. Asian residents account for 11.6%. The White (non-Hispanic) population is significantly higher than the state average (78.4% vs 50.9%). The Black or African American population (0.5%) is well below the state average of 12.2%. The Hispanic or Latino population (5.4%) is well below the state average of 22.5%.

Education

83.7% of residents aged 25 and older hold a bachelor's degree or higher. This places Chatham in the top 10% of all cities in the state for educational attainment. This is 92% higher than the state rate of 43.6%. Nationally, 35.7% of adults hold at least a bachelor's degree. The high school graduation rate (or equivalent) is 99.1%. Notably, 42.1% of adults hold a graduate or professional degree, indicating a highly educated workforce.

Data Sources & Methodology

All demographic data for Chatham, New Jersey is sourced from the U.S. Census Bureau's American Community Survey (ACS) 2020–2024 5-Year Estimates. The ACS collects data from approximately 3.5 million households annually and pools five years of responses so that even small communities can be measured, though the margin of error widens as the population falls. 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. Read more about how these figures are produced on our methodology page, or visit data.census.gov for official data.

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Frequently Asked Questions

What is the population of Chatham, New Jersey?

Chatham, New Jersey has a population of 9,407 according to the most recent U.S. Census ACS 5-Year Estimates.

What is the median household income in Chatham, NJ?

The median household income in Chatham is $241,500, which is 199% higher than the national median of $80,734.

What is the poverty rate in Chatham, NJ?

The poverty rate in Chatham is 2.2%. This means approximately 203 residents live below the federal poverty line.

What is the racial makeup of Chatham, New Jersey?

Chatham's population is 78.4% White, 0.5% Black, 5.4% Hispanic/Latino, and 11.6% Asian.

What is the median home value in Chatham, NJ?

The median home value in Chatham is $984,900. The home-value-to-income ratio is 4.1x.

How educated is Chatham, New Jersey?

83.7% of adults (25+) in Chatham hold a bachelor's degree or higher, and 42.1% hold a graduate or professional degree.