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Chatham, MI
Full City Profile · Michigan · Alger County County
3.5
/5.0
B+
Good
123
Population
50/sq mi density
$47,813
Median Income
$38,448 per capita
$154,200
Home Value
$199,010 Zillow
$683
Median Rent
51.0% income on rent
41°F
Avg Temperature
249 sunny days/yr
B+
Overall
3.5 / 5.0
Good overall score based on economy, affordability, safety and education
B+
Economy
3.9 / 5.0
$47,813 median income, 2.6% unemployment
A+
Affordability
4.9 / 5.0
$154,200 home value, $683/mo rent
C+
Safety
2.5 / 5.0
0 violent crimes/100K
C+
Education
2.8 / 5.0
22.5% bachelor's degree or higher
Income Overview
Median Household Income
$47,813
36% below
US avg: $75,149
Per Capita Income
$38,448
2% below
US avg: $39,052
Unemployment Rate
2.6%
28% below
US avg: 3.6%
Poverty Rate
0.0%
100% below
US avg: 12.4%
Income Comparison: Chatham vs. U.S. Average
Each bar shows Chatham’s value as a percentage of the national average (100% line = U.S. avg)
Median Household
US: $75,149
$47,813
64%
Per Capita
US: $39,052
$38,448
98%
IRS Avg AGI
US: $72,000
$61,546
85%
Avg Weekly Wage
US: $1,432
$951
66%
Thin line = U.S. average (100%)
Employment & Commute
Avg Weekly Wage
$951
34% below US avg ($1,432)
Mean Commute Time
20 min
26% below US avg (28 min)
Work From Home
0.0%
100% below US avg (15.2%)
Drive Alone
77.8%
6% above US avg (73.2%)
Public Transit
0.0%
100% below US avg (5.0%)
County GDP
$332M
County-level GDP (BEA 2024)
How Residents Get to Work
Drive Alone
77.8%
Public Transit
0%
Work From Home
0%
Other
22.2%
Average commute time
20 minutes
US avg: 28 min
Business Landscape
Total Establishments
258
Restaurants
54
Healthcare
15
Retail
44
Manufacturing
7
Tax & Financial
IRS Avg Adjusted Gross Income
$61,546
15% below US avg ($72,000)
Avg Property Tax
$4,450
27% above US avg ($3,500)
Cost of Living Index
96.2
Below national average (100 = US avg)
Complete Economy Data
Income & Wages
| Median Household Income | $47,813 |
| Per Capita Income | $38,448 |
| IRS Avg Adjusted Gross Income | $61,546 |
| Avg Weekly Wage | $951 |
| County GDP | $332M |
Hardship Indicators
| Unemployment Rate | 2.6% |
| Poverty Rate | 0.0% |
| Gini Coefficient | 0.390 |
| Cost of Living Index | 96.2 |
Commute
| Mean Commute | 20 minutes |
| Drive Alone | 77.8% |
| Public Transit | 0.0% |
| Work From Home | 0.0% |
Businesses
| Total Establishments | 258 |
| Restaurants | 54 |
| Healthcare | 15 |
| Retail | 44 |
| Manufacturing | 7 |
Tax
| IRS Avg AGI | $61,546 |
| Avg Property Tax | $4,450 |