Businesses for Sale | Chatham, Illinois
Discover business opportunities, in or around Chatham, with well-established brands, who are looking for people like you to help them grow.
As of the 2024 ACH Map Data, Chatham, located in The Prairie State had a total population of 14,095 people.
City Statistics and Other Information About Chatham
Demographics
From a total population of 14,095, Chatham has a median age of 38. The average age of males, in Chatham, is 38 while the average age of females is 39. When you compare the median age of men and women in Chatham, there is an average difference of 0.99 years.
Income
The median income of individuals, in Chatham, is $53,507 while the average household income is $105,987. In 2029, the average income per capita for Chatham is expected to be $53,507.
Additional Information
62629Sangamon County
Is Chatham the Best Location for Franchise Opportunities and Growth?
What is the average income in Chatham?
The median household income in Chatham is $105,987, providing insight into the financial conditions of local residents and their ability to support businesses.
Is Chatham an affordable place to start a franchise?
With a median income of $105,987, Chatham presents an opportunity for businesses that cater to cost-conscious consumers, making it a strong market for affordable and essential services.
How does Chatham's income compare to other locations?
The median income of $105,987 in Chatham is above the national median income of $80,610, influencing local consumer spending habits and franchise potential.
Does Chatham have a stable workforce to support my business?
Absolutely! With 3,774 employed individuals, Chatham offers a solid labor force to support franchise growth.
Is Chatham a growing economy?
With a workforce of 3,774 and a median household income of $105,987, Chatham provides a stable economic environment for new business opportunities.
Does homeownership in Chatham indicate a stable market?
Homeownership rates at 4,195 show a strong local investment in the community, which benefits long-term franchise success.
