Chatham, MI 49816 has a population of approximately 689 and experiences a population change rate of -8.01%. The population density is 12.4 / sq mi .
Chatham, MI 49816 has a population of approximately 689 and experiences a population change rate of -8.01%. The population density is 12.4 / sq mi .
The median household income for Chatham, MI 49816 is $61,667, with 280 households and an average household size of 2.85.
The median value of a home in Chatham, MI 49816 is $181,400 with an appreciation rate of 23.10%. 60.59% of housing in the state is owned while 3.19% is rented.
The cost of living in Chatham, MI 49816 is 89.3 %.
The unemployment rate in Chatham, MI 49816 is 9.80%, and recent job growth is at -4.85%. Future job growth is projected at 19.68%.
The sales tax rate in Chatham, MI 49816 is 6.00%, while the income tax rate is 4.25% .
School expenditures in Chatham, MI 49816 are $14,418, and the school ratio is 15.2:1.
The average high temperature in July is 76.2 degrees, with an average low temperature in January of 8.4 degrees. The average rainfall is approximately 34.9 inches per year, with 156.2 inches of snow per year.