According to statistics, the population in Chatham, MI amounts to 196, which shows growth 17% compared to the previous year. The median age of the city’s residents is 50. The average household income is $51,111, shifting growth 64% from the past year, and the average property value in Chatham, MI growth 9% to $91,700 throughout the year.
|Number Of Employees||79|
|Median Property Value||$91,700|
The average household income in Chatham, MI grew from $31,250 to $51,111 in the past year. This data is an estimate based upon 86 households in Chatham, MI . The chart below presents how household income is distributed in Chatham, MI in comparison to the revenue allocation amid households nationally.
According to data from last year, the average property value in Chatham, MI shifted from $84,300 to $91,700 throughout the year. The subsequent graph indicates the share of properties in the given price range in Chatham, MI in comparison to the median property value in the same price segment across the country. According to the data, the greatest share of Chatham, MI properties falls in the '$90,000 to $99,999' range, which is lower than the most significant median property across the country.
One of the most important aspects for property owners is the amount of property taxes. This graph shows distribution of property taxes in Chatham, MI compared to median property taxes around the country. The prevalent amount of property taxes in Chatham, MI equals $1150, which is less than the national average.