Chelsea, MA
Maps & Population Facts
Population
39,272
Population Density
17,730
Labor Participaton
71.2%
Bachelor's or Higher
17.4%
Median Household Income
$51,839
Median Individual Income
$28,560
Median Individual Income(Full-time Workers Only)
$38,658
Housing Estimates
Median House Value
$308,300
Median Gross Rent
$1,285
Median Mortgage Payment
$1,986
Housing Units
13,303
People who reside in Chelsea live in:
Detached - Single Family Homes
8%
Apt, Condo, Other
92%
Analysis
Income
Households in Chelsea earn less money than the national median income, averaging 14% less per household.
Housing
Chelsea has a median house price of $308,300. The cost of homeownership is higher than most areas. The cost of renting in Chelsea is 27% more than the national average.
Percent | |
---|---|
Renter Occupied Households | 38% |
New Construction (Built after 2000) | 12% |
Demographics
The median age in Chelsea is 33. Chelsea has a population that is significantly younger than in comparison to the US median age.
Chelsea ranks in the lowest of the nation for having an educated population and has significantly less college graduates per resident than most areas.
Housing Data
Housing Comparison
Chelsea | Massachusetts | USA | |
Median Property Value | 308,300 | 385,400 | 217,600 |
Median Mortgage Payment | 1,986 | 2,108 | 1,513 |
Median Gross Rent | 1,285 | 1,208 | 1,012 |
Property Vacancy | 4.3% | 10.0% | 12.6% |
% Renters | 74% | 38% | 36% |
Residents per Sq. Mi. | 17,730 | 885 | 93 |
Personal Comparison
Chelsea | Massachusetts | USA | |
Median Household Income | 51,839 | 77,385 | 60,336 |
Median Individual Income | 28,560 | 41,700 | 33,646 |
Median Income (Full-Time) | 38,658 | 60,923 | 46,881 |
Median Age | 33.2 | 39.5 | 38.1 |
Labor Participation | 71.2% | 67.8% | 62.8% |
Attained College Degree | 17.4% | 43.4% | 32.0% |
Population Density Analysis
Chelsea, MA
17,730
Residents per Sq. Mile
The population density of Chelsea is comparable to that of a Major City.
Major City
10,000 Residents +
Mid-Sized City
5,000 Residents +
Small City
2,500 Residents +
Suburban
500 Residents +
Rural
100 Residents +
Remote
1 Residents +