Chatham, MI
Population 123 · Michigan
About Chatham, MI
Chatham is a small community in Michigan with a population of 123 residents. The median household income is $47,813 per year, which is below the national average. The median age in Chatham is 65.3 years.
Housing in Chatham has a median home value of $154,200 and median monthly rent of $683. Of the 96 total housing units, the majority are owner-occupied, with 55 owner-occupied and 18 renter-occupied units.
The unemployment rate in Chatham is 6.7% and the poverty rate is 18.0%. 22.5% of residents hold a bachelor's degree or higher. The average commute time is 20.4 minutes.
Cost of Living in Chatham, MI
Compared to national averages, Chatham has a median household income of $47,813 (36% below the national median of $75,149). Home values average $154,200, which is 37% below the national median. Monthly rent at $683 is 41% below the US average of $1,163. Within Michigan, Chatham's income is 28% below the state average of $66,017, and home values are 16% below the state median of $183,391.
Why Live in Chatham, MI?
Chatham offers affordable housing with a median home value of $154,200, below the US average of $244,900, and rent that’s lower than the national average at $683/month, and short commute times averaging just 20.4 minutes.
Potential considerations include median household income ($47,813) that falls below the national average. However, Chatham’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Chatham has a population of 123 with a median age of 65.3 years. Compare Chatham with other cities to see how it stacks up, or explore all cities in Michigan.
Similar Cities Near Chatham
Cities in Michigan with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Arcadia | 123 | $83,333 | $256,800 | Compare |
| Norwood | 123 | $72,500 | $266,100 | Compare |
| Crystal Mountain | 120 | $0 | $487,500 | Compare |
| Eagle Harbor | 130 | $106,625 | $267,900 | Compare |
| Greenland | 116 | $43,958 | $55,000 | Compare |
| Nessen City | 115 | $59,375 | $122,500 | Compare |
| Covington | 113 | $68,750 | $0 | Compare |
| Lake Gogebic | 113 | $36,711 | $0 | Compare |
Demographics
Racial & Ethnic Composition
Economy & Education
Housing
Other Cities in Michigan
Data source: US Census Bureau ACS 5-Year Estimates. Last updated: 2026-04-05.
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Frequently Asked Questions about Chatham
What is the population of Chatham, MI?
The population of Chatham, MI is 123 according to the latest Census data.
What is the median household income in Chatham?
The median household income in Chatham, MI is $47,813 per year.
What is the median home value in Chatham?
The median home value in Chatham, MI is $154,200.
What is the average rent in Chatham?
The median monthly rent in Chatham, MI is $683.
What is the unemployment rate in Chatham?
The unemployment rate in Chatham, MI is 6.7%.