Chelsea, Michigan Housing

Chelsea, Michigan has a population of 5,400, with a median household income of $68,000.

Current housing data for Chelsea.

$265,000

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Population

5,400

💰

Median Income

$68,000

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Unemployment

5.20%

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Housing Price

$265,000

🚨

Crime Rate

4.80

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Internet Speed

203.00 Mbps

Chelsea is a small local community located in Michigan. The city has a population that is below the average city population in Michigan, contributing to its local economic activity, housing demand, and infrastructure development. Population size can significantly influence transportation systems, commercial growth, educational services, and employment opportunities within the region.

Chelsea is a notable city in Michigan, offering a mix of population dynamics, economic indicators, and housing trends.

Population Overview

Chelsea has a population of 5,400, which is below the state average. This suggests a smaller and more localized community environment.

Income and Economy

The median household income in Chelsea is $68,000, which is below the state average, indicating moderate economic conditions.

Housing Market

The average housing price in Chelsea is about $265,000, making it relatively affordable compared to many cities in Michigan.

Employment and Safety

The unemployment rate in Chelsea is 5.20%, slightly above the state average, suggesting moderate employment conditions. Crime rates in Chelsea are higher than the state average, which may be a factor for residents to consider.

City Comparison

Compared to other cities in Michigan, Chelsea shows distinct differences in population size, economic activity, and housing affordability, making it a unique case for analysis.

Chelsea continues to play a role in shaping regional trends in Michigan, particularly in terms of economic and demographic factors.

Frequently Asked Questions about Chelsea

What is the population of Chelsea?

The population of Chelsea is approximately 5,400.

Is Chelsea a good place to live?

Chelsea offers a mix of economic conditions, housing affordability, and population size, making it suitable for different types of residents.

What is the average income in Chelsea?

The median household income in Chelsea is around $68,000.

How expensive is housing in Chelsea?

The average housing price in Chelsea is approximately $265,000.