HomeIowaTama CountyChelsea city
Chelsea city, Iowa: commercial real estate data.
Chelsea city is a Census city of 404 people across 1.01 square miles of land, in Tama County. Median household income is $40,313, 96.3 percent of occupied homes are owned, and the SBA record carries 1 7(a) approvals to borrowers here worth $78,000.
64 sourced place values · tier FULL · 7 sections · underlined figures are computed by MMCG Analytics, not published by the agency
Chelsea
What Chelsea is
- Census place typecity
- Land area1.01 sq mi
- Water area0 sq mi
- Population per square mile of land399 plus or minus 137
- County holding the largest share of its areaTama County, 100.0 percent
US Census Bureau, cartographic boundary file, places, 2024 vintage. US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Chelsea
How many people live in Chelsea
- Population404 plus or minus 139
- Median age31.6 plus or minus 7.0
- Population under 18171 plus or minus 54
- Share under 1842.3 percent plus or minus 19.8
- Population 65 and over40 plus or minus 24
- Share 65 and over9.9 percent plus or minus 4.8
- Households109 plus or minus 36
- Family households76 plus or minus 26
- Share of households that are families69.7 percent
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Chelsea
Income and work in Chelsea
- Median household income$40,313 plus or minus $13,061
- Per capita income$22,694 plus or minus $6,953
- Civilian labor force154 plus or minus 63
- Employed150 plus or minus 62
- Unemployed4 plus or minus 7
- Unemployment rate2.6 percent plus or minus 4.4
- Adults 25 and over228 plus or minus 73
- Adults 25 and over with a high school diploma or higher54.4 percent
- Adults 25 and over with a bachelor degree or higher6.6 percent plus or minus 6.8
- Adults 25 and over with a graduate degree1.3 percent plus or minus 4.7
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Chelsea
Housing in Chelsea
- Housing units131 plus or minus 38
- Occupied units109 plus or minus 36
- Vacant units22 plus or minus 15
- Vacancy rate16.8 percent plus or minus 10.4
- Owner occupied105 plus or minus 35
- Renter occupied4 plus or minus 6
- Ownership rate96.3 percent
- Median owner-occupied home value$43,500
- Single family units130 plus or minus 37
- Share single family99.2 percent plus or minus 40.5
- Units in buildings of two or more0
- Share in buildings of two or more0.0 percent
- Mobile homes0
- Median year structure built1938
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Chelsea
How Chelsea gets to work
- Workers 16 and over who commute128 plus or minus 58
- Commuting under 15 minutes6 plus or minus 12
- Share commuting under 15 minutes4.7 percent plus or minus 9.4
- Commuting 30 minutes or more69 plus or minus 41
- Share commuting 30 minutes or more53.9 percent plus or minus 20.1
- Drove alone77.4 percent plus or minus 20.7
- Carpooled18.0 percent plus or minus 18.6
- Public transport0.8 percent plus or minus 4.5
- Walked0.0 percent
- Worked from home3.8 percent plus or minus 5.8
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Chelsea
SBA loans in Chelsea (7(a))
- Approvals1
- Gross approval$78,000
- Average approval$78,000
- Median approval$78,000
- Ninetieth percentile approval$78,000
- Largest approval$78,000
- Jobs supported3
- Jobs per approval3.0
- Loans with a final outcome0
- Paid in full0
- Charged off0
- Median term240 months
- Share on real estate terms of 20 years or more100.0 percent
- Share to franchises0.0 percent
- Distinct lenders1
- Distinct industries by NAICS1
A charge-off rate is not published here. only 0 resolved loans, too few to publish a rate, and a rate over that few outcomes would move several points on one loan.
US Small Business Administration, 7(a) FOIA release, FY2020 to FY2026 year to date, as of 2026-06-30.
Tama County, not Chelsea
Tama County context, not Chelsea figures
These are Tama County figures. There is no place level equivalent published for any of them, so they are shown as the county backdrop and never as Chelsea measurements.
- Establishments in Tama County282
- Employment at those establishments, Tama County3,565
- Covered employment, Tama County5,356
- Average annual pay, Tama County$48,774
- Average weekly wage, Tama County$938
- Housing units permitted, Tama County12
- Of those, single family, Tama County12
- County product, 2024, Tama County$847,858,000
- County product change over the prior year, Tama County-3.6 percent
- Average income of an arriving household, Tama County$48,810
Every figure in this section is published for Tama County as a whole and is not a measurement of Chelsea. It is here because a county backdrop is what a credit committee reads a place against, and it is labelled so that it can never be quoted as the place's own.
US Census Bureau, County Business Patterns, 2023. US Bureau of Labor Statistics, Quarterly Census of Employment and Wages, 2024 annual averages. US Census Bureau, Building Permits Survey, 2024 annual. US Bureau of Economic Analysis, Regional, table CAGDP2, CAGDP2, through 2024. US Internal Revenue Service, Statistics of Income county migration flows, 2021 to 2022 filing years.
Coverage
What this page does not hold.
Every item below could be filled with a plausible figure. None of them is. On a page a lender may read, a number that cannot be traced is worse than an absence, so the absences are named.
- This place is not listed as a community in the FEMA Community Status Book, so no NFIP participation or CRS class is shown.
- No median gross rent is published for this place.
- Parcel level detail, zoning and flood zone at an address are resolved in the platform, not on this page.
SBA figures count approvals to borrowers whose address is in the place. They are not approvals for projects inside the place boundary: the tape records a borrower city and a project county, and those can differ.
Common questions
Chelsea questions, answered from the record.
How many people live in Chelsea, Iowa?
404, in 109 households. Chelsea city covers 1.01 square miles of land, which is 399 people per square mile. Source: US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
What county is Chelsea in?
Tama County, which holds 100.0 percent of the place by area. Source: US Census Bureau, cartographic boundary file, places, 2024 vintage.
What is the median household income in Chelsea?
$40,313. The median owner-occupied home is valued at $43,500. Source: US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
How much SBA lending goes to Chelsea businesses?
1 7(a) approvals totalling $78,000, across 1 lenders, median approval $78,000. These count approvals to borrowers whose address is in Chelsea, not projects sited inside the place boundary, and they are approvals recorded in the release rather than loans disbursed.
Do SBA loans to Chelsea borrowers get paid back?
No rate is published for Chelsea. only 0 resolved loans, too few to publish a rate, and a percentage over that few outcomes would move several points on a single loan. The counts are shown instead.
Are the county figures on this page Chelsea figures?
No, and they are labelled so. County Business Patterns, QCEW, the Building Permits Survey, BEA product and IRS migration are published for Tama County as a whole and there is no place level equivalent. They appear in one clearly marked section as context and are never presented as measurements of Chelsea.
Is zoning published for Chelsea?
Not yet. The zoning layer is in build. Nothing on this page presents parcel level zoning.