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ZipNumbers

Michigan · Census place 15020

Chelsea city, MI

Quick answer

Chelsea city has 5,420 residents, ranking #170 of 745 places in Michigan. Median household income is $71,702, the median home is worth $301,100 and median gross rent runs $1,543 a month.

Population
5,420Chelsea city residents
Median household income
$71,702Past 12 months, inflation adjusted
Median home value
$301,100Owner-occupied units
Median gross rent
$1,543Rent plus utilities, monthly
Median age
50.8 yrsAll residents
Homeownership rate
62.6%Owner-occupied households

What the numbers mean in Chelsea city

Housing cost measured against local earnings.

A household earning the Chelsea city median would spend about 25.8% of gross income on the median rent. The 30% mark is the federal threshold for cost burden, so anything above it signals a stretched rental market. The median home costs 4.2× the median household income; nationally that ratio sits near 4.5×. Poverty affects 3.8% of residents and 62.6% of households own their home.

Source: US Census Bureau, ACS 2019-2023 5-year estimates · rates as published for 2019-2023 ACS 5-year

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