The Census Bureau's latest report on Chatham County's population shows that the city has experienced a decline in population mobility from 2000 to 2010. In addition, the number of year-round residents has decreased by 12.7%. This reflects the economic downturn, which had a significant impact on the housing market.
In the 1950s and 1960s, Chatham's population grew steadily. However, between 2000 and 2010, the city's population decreased by over 500 residents. In the future, that number is projected to decrease even further. The city's projected total population in 2025 is estimated at 6,415 residents.
The Assessor data for East Chatham shows a range of values for residential properties. Compared to 2012, Chatham has 5,847 single-family homes, a rise of 108 units from the previous year. While there are a few affordable homes in the city, the majority of homes are priced over a million dollars.
When evaluating a neighborhood, it's important to consider the diversity of residents. Many neighborhoods appear similar but reveal their true character after residents live there for awhile. These neighborhoods may have a unique mix of cultural groups and occupational groups. The diversity of population can also affect the community's economic base.
East Chatham City has a diversity of economic sectors. In addition to manufacturing, it is also a hub of the agricultural sector. Chatham City is home to several large-scale businesses and has more laborers than 98.9% of other American neighborhoods.