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Chatham, VA Profile: Facts & Data

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Chatham, Virginia - Basic Facts

The Town of Chatham had a population of 1,344 as of July 1, 2020.

The primary coordinate point for Chatham is located at latitude 36.8257 and longitude -79.3981 in Pittsylvania County. The formal boundaries for the Town of Chatham encompass a land area of 2.03 sq. miles and a water area of 0 sq. miles. Pittsylvania County is in the Eastern time zone (GMT -5). The elevation is 728 feet.

The Town of Chatham (GNIS ID: 2390780) has a C1 Census Class Code which indicates an active incorporated place that does not serve as a county subdivision equivalent. It also has a Functional Status Code of "A" which identifies an active government providing primary general-purpose functions.

Alternate Unofficial Names for Chatham: Competition.

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Chatham, VA Data & Demographics (As of July 1, 2020)

POPULATION

Total Population 1,344 (100%)
Population in Households 1,182 (87.9%)
Population in Families 896 (66.7%)
Population in Group Quarters1 162 (12.1%)
Population Density 662
Diversity Index2 52
 
 

INCOME

Median Household Income $38,072
Average Household Income $59,750
% of Income for Mortgage4 14%
Per Capita Income $25,489
Wealth Index5 58
 

HOUSING

Total HU (Housing Units) 654 (100%)
Owner Occupied HU 317 (48.5%)
Renter Occupied HU 214 (32.7%)
Vacant Housing Units 123 (18.8%)
Median Home Value $126,645
Average Home Value $161,667
Housing Affordability Index3 184
 

HOUSEHOLDS

Total Households 531
Average Household Size 2.23
Family Households 303
Average Family Size 3
NOTES
  1. Group Quarters - a place where people live or stay in a group living arrangement. Includes college residents halls, nursing facilities, military barracks, and correctional facilities.
  2. The Diversity Index is a scale of 0 to 100 that represents the likelihood that two persons, chosen at random from the same area, belong to different races or ethnic groups. If an area's entire population belongs to one race AND one ethnic group, then the area has zero diversity. An area's diversity index increases to 100 when the population is evenly divided into two or more race/ethnic groups.
  3. The Housing Affordability Index base is 100 and represents a balance point where a resident with a median household income can normally qualify to purchase a median price home. Values above 100 indicate increased affordability, while values below 100 indicate decreased affordability.
  4. The % of Income for Mortgage quantifies the percentage of median household income dedicated to mortgage payments on a home priced at the median value (assuming a 30-year mortgage and a 20% down payment).
  5. The Wealth Index is based on a number of indicators of affluence including average household income and average net worth, but it also includes the value of material possessions and resources. It represents the wealth of the area relative to the national level. Values above or below 100 represent above-average wealth or below-average wealth compared to the national level.

GROWTH RATE / YEAR

 2010-2020 2020-2025
Population 0.56% -0.09%
Households 0.36% -0.08%
Families -0.1% -0.13%
Median Household Income   -0.66%
Per Capita Income   -0.38%
Owner Occupied HU   -0.19%

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Chatham, VA - Peer Comparisons by Rank and Percentile

The table below compares Chatham to the other 593 incorporated cities, towns and CDPs in Virginia by rank and percentile using July 1, 2020 data. The location Ranked # 1 has the highest value. A location that ranks higher than 75% of its peers would be in the 75th percentile of the peer group.

Variable Description Rank Percentile
Total Population # 322 46th
Population Density # 323 46th
Median Household Income # 512 14th
Housing Affordability Index # 371 63rd
Per Capita Income # 373 37th
Diversity Index # 252 58th

Additional comparisons and rankings can be made with a VERY EASY TO USE Virginia Census Data Comparison Tool.

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