Chatham, Virginia Unemployment

Chatham, Virginia has a population of 1,235, with a median household income of $53,114.

Current unemployment data for Chatham.

4.70%

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Population

1,235

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Median Income

$53,114

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Unemployment

4.70%

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Housing Price

$224,300

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Crime Rate

5.50

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Internet Speed

137.10 Mbps

Chatham is a small local community located in Virginia. The city has a population that is below the average city population in Virginia, contributing to its local economic activity, housing demand, and infrastructure development. Population size can significantly influence transportation systems, commercial growth, educational services, and employment opportunities within the region.

Chatham is a notable city in Virginia, offering a mix of population dynamics, economic indicators, and housing trends.

Population Overview

Chatham has a population of 1,235, which is below the state average. This suggests a smaller and more localized community environment.

Income and Economy

The median household income in Chatham is $53,114, which is below the state average, indicating moderate economic conditions.

Housing Market

The average housing price in Chatham is about $224,300, making it relatively affordable compared to many cities in Virginia.

Employment and Safety

The unemployment rate in Chatham is 4.70%, slightly above the state average, suggesting moderate employment conditions. Crime rates in Chatham are higher than the state average, which may be a factor for residents to consider.

City Comparison

Compared to other cities in Virginia, Chatham shows distinct differences in population size, economic activity, and housing affordability, making it a unique case for analysis.

As part of Virginia, Chatham contributes to the broader economic and social landscape, offering insights into regional development.

Frequently Asked Questions about Chatham

What is the population of Chatham?

The population of Chatham is approximately 1,235.

Is Chatham a good place to live?

Chatham offers a mix of economic conditions, housing affordability, and population size, making it suitable for different types of residents.

What is the average income in Chatham?

The median household income in Chatham is around $53,114.

How expensive is housing in Chatham?

The average housing price in Chatham is approximately $224,300.