Living in Chatham, Illinois
Cost of living, income, home prices, rent and demographics of Chatham · Census data 2020–2024
Chatham has 14,639 residents with a median age of 35.4. The median household income is $106,773 (28% higher than the Illinois median), the median home value is $243,200, the median rent is $1,256/month.
Chatham at a glance
- Population
- 14,639
- Median age
- 35.4State: 39
- Median household income
- $106,773State: $83,390
- Median home value
- $243,200State: $263,300
- Median rent
- $1,256/moState: $1,274
- Homeowners
- 80.6%
- Bachelor's degree or higher
- 53.2%
- Average commute
- 23 min
Is Chatham a good place to live?
Pros: Median household income 28% higher than the Illinois median; home values 8% lower than the state median; an average commute of 23 minutes; unemployment of 3.6%; a poverty rate of 3.3%.
The weather is best in May–June and August–September.
Cost of living in Chatham
Housing is the biggest part of the cost of living. In Chatham the median home value is $243,200, 27% lower than the U.S. median. Renters pay a median of $1,256 per month, which is 25.2% of household income. Homeowners with a mortgage pay $1,781 a month in housing costs.
Chatham median household income
The median household income in Chatham is $106,773 and the income per person is $47,647. 3.3% of residents live below the poverty line (Illinois: 11.8%).
Housing in Chatham: homes for sale and rent
- Housing units
- 5,833
- Owner-occupied
- 80.6%
- Renter-occupied
- 19.4%
- Vacant
- 3.6%Includes seasonal homes
- Median year built
- 1995
- Average household size
- 2.60
Chatham demographics
- Population
- 14,639
- Median age
- 35.4
- Under 18
- 31.5%
- 65 and older
- 11.9%
- Households
- 5,624
- Foreign-born
- 3.2%
- Veterans
- 5.6%Adults 18+
Hispanic or Latino can be of any race. Population history of Chatham ›
Education in Chatham
53.2% of adults 25 and older in Chatham have a bachelor's degree or higher (Illinois: 37.8%), and 21.9% have a graduate or professional degree.
Jobs and commute in Chatham
- Unemployment rate
- 3.6%State: 5.8%
- Average commute
- 23 minState: 28 min
- Work from home
- 15.3%
- Drive alone
- 77%
- Public transit
- 0.2%
- Walk to work
- 0.5%
- Homes with broadband
- 92.3%
Chatham vs nearby towns
| Town | Population | Median income | Home value | Rent |
|---|---|---|---|---|
| Chatham | 14,639 | $106,773 | $243,200 | $1,256 |
| Southern View | 1,751 | $57,270 | $105,300 | $1,240 |
| Jerome | 1,807 | $65,189 | $127,800 | $951 |
| Curran | 115 | $53,750 | $107,100 | $850 |
| Leland Grove | 1,517 | $130,833 | $274,300 | $1,261 |
| Auburn | 4,306 | $81,411 | $149,600 | $1,011 |
| Divernon | 1,164 | $71,750 | $133,700 | $1,034 |
| Pawnee | 2,738 | $81,103 | $149,500 | $838 |
| Loami | 782 | $57,813 | $131,900 | $907 |
More for people moving to Chatham
Chatham ZIP code ›Weather and climate ›Living in Chatham: FAQ
What is the median household income in Chatham, IL?
The median household income in Chatham is $106,773, 28% higher than the Illinois median of $83,390 (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
What is the average home price in Chatham?
The median home value in Chatham is $243,200, compared with $263,300 in Illinois.
How much is rent in Chatham?
The median gross rent in Chatham is $1,256 per month, about 25.2% of household income.
Is Chatham, IL a good place to live?
Pluses: median household income 28% higher than the Illinois median; home values 8% lower than the state median; an average commute of 23 minutes; unemployment of 3.6%; a poverty rate of 3.3%.
What is the median age in Chatham?
The median age in Chatham is 35.4 years (Illinois: 39).
How long is the commute in Chatham?
The average commute to work in Chatham is 23 minutes; 15.3% of workers work from home.
What is the unemployment rate in Chatham?
The unemployment rate in Chatham is 3.6% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is Chatham?
53.2% of adults in Chatham have a bachelor's degree or higher.
Source: U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024 (margins of error apply, especially in small towns). Figures are in 2024 dollars.
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