Zip 12037 (Chatham, NY) Economy


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United States / New York / Hudson Metro Area / Columbia County / No City / Chatham (zip 12037)
12037 Chatham, NY is a small town located in Columbia County with a population of 1,743 people according to the 2019 Census. It is a great place to call home with two bedroom rent averaging around $1,140 which is significantly lower than the US average of $1,430. Additionally, grocery costs in this area are more affordable compared to the US due to its Grocery Cost Index being 104 versus 100 in America. The median wage for workers in Chatham is around $44,000 while the average annual salary is closer to $53,000. There are several local businesses that employees can take advantage of such as Monarch Paints & Wallcoverings Inc., Chatham Tire Inc., and Allbright Electric Supply Co. These companies provide opportunities for the community for employment and growth.

Chatham (zip 12037) has an unemployment rate of 5.3%. The US average is 6.0%.

Chatham (zip 12037) has seen the job market increase by 1.0% over the last year. Future job growth over the next ten years is predicted to be 26.3%, which is lower than the US average of 33.5%.

Tax Rates for Chatham (zip 12037)
- The Sales Tax Rate for Chatham (zip 12037) is 8.0%. The US average is 7.3%.
- The Income Tax Rate for Chatham (zip 12037) is 6.5%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.

Income and Salaries for Chatham (zip 12037)
- The average income of a Chatham (zip 12037) resident is $32,590 a year. The US average is $28,555 a year.
- The Median household income of a Chatham (zip 12037) resident is $82,273 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyChatham, New YorkUnited States
  5.36
  -5.5%-6.2%
  26.3%33.5%
  8.0%6.2%
  6.2%4.6%
  $40,512$37,638
  $82,273$69,021
  $97,989$85,028
  Population by Occupation
  3.6%1.2%
  0.4%0.5%
  7.4%6.8%
  1.3%10.0%
  1.3%2.5%
  11.5%11.0%
  4.4%4.8%
  0.8%0.8%
  0.5%1.9%
  4.0%4.7%
  2.7%1.9%
  6.8%7.6%
  0.3%0.1%
  6.1%4.2%
  12.3%9.3%
  14.9%14.0%
  1.8%2.1%
  5.6%7.0%
  6.6%4.8%
  7.8%4.7%
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