Chelsea, MA Community Information

Chelsea, MA Homes for Sale

Chelsea, MA Community Information

Population

39,000

Median Age

30.6

Median Household Income

$40,365

Households with Children

57.12%

Median Travel Time to Work

32 minutes

Chelsea, MA Real Estate Market Information

Homes Owned

28.90%

Homes Rented

68.59%

Homes Vacant

2.51%

Chelsea, MA Home Price-Rent Ratio

The price-rent ratio is a great way to compare the costs of buying and renting both within a city and is useful to compare against other cities as well. Technically it is the average cost of ownership divided by the received rent income if buying to let. The formula is House Price / (Monthly Rent x 12).

0:1

Low Home Price-Rent Ratio

High Home Price-Rent Ratio

What does it mean?

1-10

It is less expensive to own than to rent a home in this city depending factors such as length of ownership.

11-20

The total costs of ownership of a home in this city are greater than the costs of renting, but it might still make financial sense depending on the situation.

21 or greater

The total costs of owning a home in this city are greater than the costs of renting depending factors such as length of ownership.

*Note that this index is a broad measure. Contact a local agent to understand local market conditions.

See Chelsea apartments for rent

Powered by Apartments.com & HomeFinder.com

Chelsea, MA School Information

Elementary Schools

Primary Schools

Middle Schools

Secondary Schools

High Schools

Other Schools

These are the closest schools to your requested location. Proximity does not guarantee enrollment eligibility. Please consult your real estate agent or school district to confirm the schools you are zoned to attend.

Community Age Profile

Community

Transportation

Transportation

Education Levels

Education Levels

Occupation

Occupation

Community

  • Total Population 39,000
  • Total Male Population 19,762
  • Total Female Population 19,238
  • Population change since 2000 11.44%
  • Median age 30.6
  • Percent of households with children 57.12%
  • Personal Crime risk 207

Transportation

  • Median travel time to work 32 minutes
  • Percent using Public transportation 24.66%
  • Percent Driving/Using Carpool 64.62
  • Percent Using Other transportation 8.17%
  • Percent Working From Home 2.55%

Education Levels

  • Some high school 34.52%
  • High school graduate 33.01%
  • Some college 14.79%
  • Associate degree 6.52%
  • Bachelor's degree 7.83%
  • Graduate degree 3.33%

Occupation

  • Agriculture, forestry, and fishing 0.39%
  • Construction 4.72%
  • Manufacturing 12.62%
  • Wholesale Trade 3.89%
  • Retail Trade 8.30%
  • Finance, insurance and real estate 6.99%
  • Services 6.30%
  • Public administration 4.37%
  • Information 1.87%
  • Professional 13.51%
  • Education 18.50%
  • Arts 11.65%

Income

  • Average household income $55,744
  • Income change since 2000 23.65%

Climate

  • Avg. January high/low temp 36.30 / 20.46
  • Avg. July high/low temp 81.41 / 63.05
  • Annual precipitation 45.05
© 2013 HomeFinder.com, LLC Equal Housing Opportunity