Chatham, Michigan
2026 Edition · 10 cards · data as of Oct 30, 2026
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Population
Down 1.4% since 2020.
214
people, the 511th-largest of Michigan's cities and towns.
Census Population Estimates, 2025. Rank among Michigan's cities and towns computed by the Almanac. Sources: Census Population Estimates
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The workday
Nearly every job here goes to someone who lives somewhere else.
95.7%
of 46 jobs located in Chatham are filled by in-commuters.
Census LEHD LODES, 2021. Sources: Census LEHD LODES
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Rent
Median rent is up 39% since the 2005–2009 survey, before inflation.
$713
a month. Michigan's median is $1,129.
Census ACS 5-year, 2020-2024 (latest), with earlier 5-year windows. Survey estimates for a place this size carry wide margins of error. Sources: Census ACS 5-year
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The seam
Cross one tract line and median rent jumps $243.
A $243 gap between neighbors, the sharpest rent edge between adjacent tracts in Alger County.
- $485 Tract 3
- $728 Tract 2
Census ACS 5-year, 2020-2024, adjacent tracts compared by the Almanac. Tract estimates carry wide margins of error. Sources: Census ACS 5-year
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Room to build
The median rent sits inside what local wages can carry.
$572–$859
is the monthly rent range local workforce wages support.
- $713 median
Supportable rent computed by the Almanac from 2021 source wage data. Median rent: Census ACS 5-year, 2020-2024. Sources: Computed by the Almanac, Census ACS 5-year
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Building
Most of the housing here is older than 2000.
- 96% of all homes were built before 2000
Census ACS 5-year, 2020-2024. Survey estimates for a place this size carry wide margins of error. Sources: Census ACS 5-year
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Units needed
None of three estimates finds a housing shortfall here.
0
is the estimated number of missing housing units, from the lowest to the highest of three estimates.
Range computed by the Almanac from 2021 jobs and household data, using three demand models: 1% of jobs located here, 1% of renter households, and a rate by town size applied to renters. The low end is the lowest of the three and the high end the highest. It is an estimate, not a count. Sources: Computed by the Almanac
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Home value
A median home costs 43% less than Michigan's.
$131,300
median home value in Chatham.
- $131,300 Chatham
- $231,600 Michigan
- $332,700 U.S.
Census ACS 5-year, 2020-2024. Survey estimates for a place this size carry wide margins of error. Sources: Census ACS 5-year