Chelsea, MI
Population 5,420 · Michigan
About Chelsea, MI
Chelsea is a small community in Michigan with a population of 5,420 residents. The median household income is $71,702 per year, which is above the national average. The median age in Chelsea is 50.8 years.
Housing in Chelsea has a median home value of $301,100 and median monthly rent of $1,543. Of the 2,734 total housing units, the majority are owner-occupied, with 1,685 owner-occupied and 1,006 renter-occupied units.
The unemployment rate in Chelsea is 2.6% and the poverty rate is 3.8%. 50.8% of residents hold a bachelor's degree or higher. The average commute time is 24.1 minutes.
Cost of Living in Chelsea, MI
Compared to national averages, Chelsea has a median household income of $71,702 (5% below the national median of $75,149). Home values average $301,100, which is 23% above the national median. Monthly rent at $1,543 is 33% above the US average of $1,163. Within Michigan, Chelsea's income is 9% above the state average of $66,017, and home values are 64% above the state median of $183,391.
Why Live in Chelsea, MI?
Chelsea offers a strong job market with an unemployment rate of just 2.6%, and a well-educated community where 50.8% of residents hold a bachelor’s degree or higher, and a low poverty rate of 3.8%, better than the national average. Additionally, the city features short commute times averaging just 24.1 minutes.
Potential considerations include median household income ($71,702) that falls below the national average. However, Chelsea’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Chelsea has a population of 5,420 with a median age of 50.8 years. Compare Chelsea with other cities to see how it stacks up, or explore all cities in Michigan.
Similar Cities Near Chelsea
Cities in Michigan with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Springfield | 5,295 | $43,681 | $105,300 | Compare |
| Grosse Pointe | 5,561 | $141,985 | $391,800 | Compare |
| St. Clair | 5,581 | $68,482 | $241,700 | Compare |
| Dundee | 5,584 | $71,058 | $233,000 | Compare |
| Gladstone | 5,240 | $57,534 | $111,700 | Compare |
| Eaton Rapids | 5,197 | $63,618 | $140,600 | Compare |
| Comstock Northwest | 5,190 | $73,290 | $233,100 | Compare |
| Utica | 5,184 | $55,524 | $216,800 | Compare |
Demographics
Racial & Ethnic Composition
Economy & Education
Housing
Other Cities in Michigan
Data source: US Census Bureau ACS 5-Year Estimates. Last updated: 2026-04-05.
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Frequently Asked Questions about Chelsea
What is the population of Chelsea, MI?
The population of Chelsea, MI is 5,420 according to the latest Census data.
What is the median household income in Chelsea?
The median household income in Chelsea, MI is $71,702 per year.
What is the median home value in Chelsea?
The median home value in Chelsea, MI is $301,100.
What is the average rent in Chelsea?
The median monthly rent in Chelsea, MI is $1,543.
What is the unemployment rate in Chelsea?
The unemployment rate in Chelsea, MI is 2.6%.