Living in Chelsea, Michigan
Cost of living, income, home prices, rent and demographics of Chelsea · Census data 2020–2024
Chelsea has 5,426 residents with a median age of 51.2. The median household income is $72,098 (about the same as the Michigan median), the median home value is $312,700, the median rent is $1,619/month.
Chelsea at a glance
- Population
- 5,426
- Median age
- 51.2State: 40.2
- Median household income
- $72,098State: $72,875
- Median home value
- $312,700State: $231,600
- Median rent
- $1,619/moState: $1,129
- Homeowners
- 63%
- Bachelor's degree or higher
- 51.8%
- Average commute
- 24 min
Is Chelsea a good place to live?
Pros: An average commute of 24 minutes; unemployment of 4.9%; a poverty rate of 4.1%.
Cons: Median household income about the same as the Michigan median; home values 35% higher than the state median.
The weather is best in June to September.
Cost of living in Chelsea
Housing is the biggest part of the cost of living. In Chelsea the median home value is $312,700, 6% lower than the U.S. median. Renters pay a median of $1,619 per month, which is 47.2% of household income. Homeowners with a mortgage pay $1,893 a month in housing costs.
Chelsea median household income
The median household income in Chelsea is $72,098 and the income per person is $50,927. 4.1% of residents live below the poverty line (Michigan: 13.2%).
Housing in Chelsea: homes for sale and rent
- Housing units
- 2,847
- Owner-occupied
- 63%
- Renter-occupied
- 37%
- Vacant
- 2.9%Includes seasonal homes
- Median year built
- 1971
- Average household size
- 1.90
Chelsea demographics
- Population
- 5,426
- Median age
- 51.2
- Under 18
- 16.6%
- 65 and older
- 34.5%
- Households
- 2,764
- Foreign-born
- 0.4%
- Veterans
- 8.1%Adults 18+
Hispanic or Latino can be of any race. Population history of Chelsea ›
Education in Chelsea
51.8% of adults 25 and older in Chelsea have a bachelor's degree or higher (Michigan: 32.4%), and 26% have a graduate or professional degree.
Jobs and commute in Chelsea
- Unemployment rate
- 4.9%State: 5.7%
- Average commute
- 24 minState: 24 min
- Work from home
- 26.4%
- Drive alone
- 66.3%
- Public transit
- 0%
- Walk to work
- 3%
- Homes with broadband
- 89.7%
Chelsea vs nearby towns
| Town | Population | Median income | Home value | Rent |
|---|---|---|---|---|
| Chelsea | 5,426 | $72,098 | $312,700 | $1,619 |
| Dexter | 4,521 | $106,637 | $421,000 | $1,761 |
| Grass Lake | 1,186 | $80,938 | $205,100 | $961 |
| Pinckney | 1,911 | $96,855 | $267,600 | $1,150 |
| Manchester | 2,522 | $87,614 | $232,000 | $840 |
| Stockbridge | 1,383 | $49,545 | $192,500 | $753 |
| Barton Hills | 430 | $250,001 | $1,410,000 | — |
| Ann Arbor | 122,036 | $82,212 | $453,400 | $1,649 |
| Napoleon | 745 | $54,076 | $153,900 | — |
More for people moving to Chelsea
Chelsea ZIP code ›Weather and climate ›Living in Chelsea: FAQ
What is the median household income in Chelsea, MI?
The median household income in Chelsea is $72,098, about the same as the Michigan median of $72,875 (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
What is the average home price in Chelsea?
The median home value in Chelsea is $312,700, compared with $231,600 in Michigan.
How much is rent in Chelsea?
The median gross rent in Chelsea is $1,619 per month, about 47.2% of household income.
Is Chelsea, MI a good place to live?
Pluses: an average commute of 24 minutes; unemployment of 4.9%; a poverty rate of 4.1%. Minuses: median household income about the same as the Michigan median; home values 35% higher than the state median.
What is the median age in Chelsea?
The median age in Chelsea is 51.2 years (Michigan: 40.2).
How long is the commute in Chelsea?
The average commute to work in Chelsea is 24 minutes; 26.4% of workers work from home.
What is the unemployment rate in Chelsea?
The unemployment rate in Chelsea is 4.9% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is Chelsea?
51.8% of adults in Chelsea have a bachelor's degree or higher.
Source: U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024 (margins of error apply, especially in small towns). Figures are in 2024 dollars.
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