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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
Top Industries in Chatham (8)
County-level employment data (BLS QCEW). Sorted by employment.
Manufacturing
397 jobs
9 firms
$71,183/yr
Retail Trade
201 jobs
34 firms
$25,688/yr
Construction
108 jobs
24 firms
$58,846/yr
Transportation & Warehousing
74 jobs
8 firms
$36,806/yr
Finance & Insurance
59 jobs
6 firms
$82,364/yr
Professional & Technical Services
45 jobs
11 firms
$65,969/yr
Other Services
34 jobs
14 firms
$40,228/yr
Real Estate
26 jobs
9 firms
$42,559/yr
Industry Specialization (Location Quotient)
LQ > 1.0 means the industry is more concentrated here than the national average.
Manufacturing
1.82
Construction
0.78
Retail Trade
0.76
Transportation & Warehousing
0.66
Real Estate
0.63
Finance & Insurance
0.55
Other Services
0.43
Professional & Technical Services
0.24
Thin line = national average (1.0)
Complete Industry Data
| Industry | Employment | Establishments | Avg Weekly Wage | Avg Annual Pay | LQ |
|---|---|---|---|---|---|
| Manufacturing | 397 | 9 | $1,369 | $71,183 | 1.82 |
| Retail Trade | 201 | 34 | $494 | $25,688 | 0.76 |
| Construction | 108 | 24 | $1,132 | $58,846 | 0.78 |
| Transportation & Warehousing | 74 | 8 | $708 | $36,806 | 0.66 |
| Finance & Insurance | 59 | 6 | $1,584 | $82,364 | 0.55 |
| Professional & Technical Services | 45 | 11 | $1,269 | $65,969 | 0.24 |
| Other Services | 34 | 14 | $774 | $40,228 | 0.43 |
| Real Estate | 26 | 9 | $818 | $42,559 | 0.63 |