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The total population of Chatham township is estimated to be 10,930 with 5,321 males (48.68%) and 5,609 females (51.32%). There are 288 more females than males in Chatham township.
The median household income in Chatham township was $222,226 in 2021, which marked an a decrease of 6,668(2.91%) from $228,894 in 2020. This income is 297.87% of the U.S. median household income of $74,606 (all incomes in 2022 inflation-adjusted dollars).
Per the latest American Community Survey by the Census Bureau, Chatham township sees its highest median household income among householders in the age group of 25 to 44 years old, at $270,229. Overall, the median household income for the township of Chatham township stands at $222,226.
In Chatham township, the median income for all workers aged 15 years and older, regardless of work hours, was $112,534 for males and $65,305 for females. However, when specifically considering full-time, year-round workers within the same age group, the median income was $240,832 for males and $127,154 for females.
In Chatham township, there are just two different racial groups among households. Among these, Asian households report a median household income of $270,229, while White households have a median household income of $205,312.
In 2022, the population of Chatham township was 10,962, a 0.09% increase year-by-year from 2021. Previously, in 2021, Chatham township's population was 10,952, a decline of 0.13% compared to a population of 10,966 in 2020.
The median age in Chatham Township, New Jersey is 42.5, as per 2021 ACS 5-Year Estimates. Of the total population, 24.12% were under the age of 15, 15.13% aged 15 to 29, 45.81% aged 30 to 64, 12.62% aged 65 to 84, and 2.33% were 85 years of age and older.
Racial distribution of Chatham township population: 78.67% are White, 2.12% are Black or African American, 0.06% are American Indian and Alaska Native, 12.75% are Asian, 2.18% are some other race and 4.22% are multiracial.