Living in Chatham, Virginia
Cost of living, income, home prices, rent and demographics of Chatham · Census data 2020–2024
Chatham has 1,448 residents with a median age of 38.7. The median household income is $58,661 (37% lower than the Virginia median), the median home value is $174,300, the median rent is $1,004/month.
Chatham is a small town, so Census survey estimates have wide margins of error. Treat percentages as approximate.
Chatham at a glance
- Population
- 1,448
- Median age
- 38.7State: 39
- Median household income
- $58,661State: $93,170
- Median home value
- $174,300State: $383,700
- Median rent
- $1,004/moState: $1,579
- Homeowners
- 67.2%
- Bachelor's degree or higher
- 36.1%
- Average commute
- 18 min
Is Chatham a good place to live?
Pros: Home values 55% lower than the state median; an average commute of 18 minutes; unemployment of 3.3%; a poverty rate of 7.8%.
Cons: Median household income 37% lower than the Virginia median.
The weather is best in May–June and September–October.
Cost of living in Chatham
Housing is the biggest part of the cost of living. In Chatham the median home value is $174,300, 48% lower than the U.S. median. Renters pay a median of $1,004 per month, which is 23% of household income. Homeowners with a mortgage pay $1,246 a month in housing costs.
Chatham median household income
The median household income in Chatham is $58,661 and the income per person is $30,311. 7.8% of residents live below the poverty line (Virginia: 9.9%).
Housing in Chatham: homes for sale and rent
- Housing units
- 615
- Owner-occupied
- 67.2%
- Renter-occupied
- 32.8%
- Vacant
- 12.4%Includes seasonal homes
- Median year built
- 1955
- Average household size
- 2.42
Chatham demographics
- Population
- 1,448
- Median age
- 38.7
- Under 18
- 22.7%
- 65 and older
- 24.4%
- Households
- 539
- Foreign-born
- 5.7%
- Veterans
- 8%Adults 18+
Hispanic or Latino can be of any race. Population history of Chatham ›
Education in Chatham
36.1% of adults 25 and older in Chatham have a bachelor's degree or higher (Virginia: 42.2%), and 14.9% have a graduate or professional degree.
Jobs and commute in Chatham
- Unemployment rate
- 3.3%State: 4.3%
- Average commute
- 18 minState: 27 min
- Work from home
- 4.4%
- Drive alone
- 86.1%
- Public transit
- 0%
- Walk to work
- 5.3%
- Homes with broadband
- 87.4%
Chatham vs nearby towns
| Town | Population | Median income | Home value | Rent |
|---|---|---|---|---|
| Chatham | 1,448 | $58,661 | $174,300 | $1,004 |
| Blairs | 1,062 | $49,818 | $158,700 | $594 |
| Gretna | 1,452 | $33,698 | $138,800 | $683 |
| Mount Hermon | 4,155 | $81,435 | $211,600 | $1,067 |
| Danville | 42,214 | $44,423 | $119,100 | $836 |
| Motley | 987 | $55,529 | $146,900 | $785 |
| Penhook | 1,250 | $108,750 | $543,000 | — |
| Hurt | 1,361 | $59,000 | $150,600 | $786 |
| Union Hall | 1,445 | $103,125 | $694,100 | — |
More for people moving to Chatham
Chatham ZIP code ›Weather and climate ›Living in Chatham: FAQ
What is the median household income in Chatham, VA?
The median household income in Chatham is $58,661, 37% lower than the Virginia median of $93,170 (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 $174,300, compared with $383,700 in Virginia.
How much is rent in Chatham?
The median gross rent in Chatham is $1,004 per month, about 23% of household income.
Is Chatham, VA a good place to live?
Pluses: home values 55% lower than the state median; an average commute of 18 minutes; unemployment of 3.3%; a poverty rate of 7.8%. Minuses: median household income 37% lower than the Virginia median.
What is the median age in Chatham?
The median age in Chatham is 38.7 years (Virginia: 39).
How long is the commute in Chatham?
The average commute to work in Chatham is 18 minutes; 4.4% of workers work from home.
What is the unemployment rate in Chatham?
The unemployment rate in Chatham is 3.3% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is Chatham?
36.1% 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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