HomeIowaTama CountyChelsea
Chelsea, Iowa: commercial real estate data.
Chelsea 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 since FY2020.
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
- 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
Counted by borrower city: approvals to borrowers whose address is in Chelsea, in any county, FY2020 to FY2026. Only 0 loans have reached a final outcome, fewer than the 30 a charge-off rate needs, so no rate is published.
US Small Business Administration, 7(a) FOIA release, FY2020 to FY2026 year to date, as of 2026-06-30.
Chelsea
Flood risk in Chelsea
- NFIP communityCity of Chelsea
- NFIP community number190261
- Participating in the NFIPYes
- Community Rating System classNone
- Currently effective map date10/07/21
The City of Chelsea participates in the National Flood Insurance Program as community 190261 and carries no Community Rating System class, so no CRS premium discount applies to it.
Federal Emergency Management Agency, NFIP Community Status Book (OpenFEMA), as of 2026-09-26.
Tama County, not Chelsea
Tama County context, not Chelsea figures
- Establishments in Tama County282
- Covered employment, Tama County5,356
- Average annual pay, Tama County$48,774
- Housing units permitted, Tama County12
Every figure in this section is published for Tama County as a whole and is not a measurement of Chelsea.
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.
Coverage
What this page does not hold.
Parcel detail, zoning and the flood zone at an address are not on this page; they resolve at the address in the platform. How this page was built →
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 totaling $78,000 since FY2020, 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 loans have reached a final outcome, fewer than the 30 a charge-off rate needs, so no rate is published. The counts are shown instead.
Is Chelsea in the National Flood Insurance Program?
Yes. Chelsea appears in the FEMA Community Status Book as Chelsea, city of, community 190261, with no Community Rating System class, so no CRS discount applies. Whether a specific parcel sits in a mapped special flood hazard area is an address level question the platform answers.
Are the county figures on this page Chelsea figures?
No, and they are labeled 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?
No. Nothing on this page presents parcel level zoning.