HomeMichiganWashtenaw CountyChelsea
Chelsea, Michigan: commercial real estate data.
Chelsea is a Census city of 5,426 people across 3.62 square miles of land, in Washtenaw County. Median household income is $72,098, 63.0 percent of occupied homes are owned, and the SBA record carries 19 7(a) approvals to borrowers here worth $5.0 m since FY2020.
Underlined figures are computed by MMCG Analytics, not published by the agency.
Chelsea
What Chelsea is
- Census place typecity
- Land area3.62 sq mi
- Water area0.05 sq mi
- Population per square mile of land1,500
- County holding the largest share of its areaWashtenaw 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
- Population5,426
- Median age51.2
- Population under 18902
- Share under 1816.6 percent
- Population 65 and over1,870
- Share 65 and over34.5 percent
- Households2,764
- Family households1,306
- Share of households that are families47.3 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$72,098
- Per capita income$50,927
- Civilian labor force2,474
- Employed2,352
- Unemployed122 plus or minus 69
- Unemployment rate4.9 percent plus or minus 2.7
- Adults 25 and over4,209
- Adults 25 and over with a high school diploma or higher98.3 percent
- Adults 25 and over with a bachelor degree or higher51.8 percent
- Adults 25 and over with a graduate degree26.0 percent
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Chelsea
Housing in Chelsea
- Housing units2,847
- Occupied units2,764
- Vacant units83 plus or minus 64
- Vacancy rate2.9 percent plus or minus 2.2
- Owner occupied1,741
- Renter occupied1,023 plus or minus 271
- Ownership rate63.0 percent
- Median owner-occupied home value$312,700
- Median gross rent, monthly$1,619
- Annual rent as a share of median income26.9 percent
- Single family units2,101
- Share single family73.8 percent
- Units in buildings of two or more746 plus or minus 183
- Share in buildings of two or more26.2 percent plus or minus 6.2
- Mobile homes0
- Median year structure built1971
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 commute1,719
- Commuting under 15 minutes469 plus or minus 132
- Share commuting under 15 minutes27.3 percent plus or minus 6.2
- Commuting 30 minutes or more568 plus or minus 261
- Share commuting 30 minutes or more33.0 percent plus or minus 14.1
- Drove alone66.3 percent
- Carpooled2.6 percent plus or minus 2.3
- Public transport0.0 percent
- Walked3.0 percent plus or minus 2.5
- Worked from home26.4 percent
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Chelsea
SBA loans in Chelsea (7(a))
- Approvals19
- Gross approval$4,974,200
- Average approval$261,800
- Median approval$150,000
- Largest approval$2,000,000
- Jobs supported148
- Jobs per approval7.8
- Loans with a final outcome0
- Paid in full0
- Charged off0
- Median term120 months
- Share on real estate terms of 20 years or more5.3 percent
- Share to franchises15.8 percent
- Distinct lenders6
- Distinct industries by NAICS14
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
SBA loans in Chelsea (504)
- Approvals8
- Gross approval$5,208,000
- Average approval$651,000
- Median approval$462,500
- Largest approval$1,485,000
- Jobs supported92
- Loans with a final outcome2
- Charged off0
- Median term240 months
- Distinct CDCs2
Counted by borrower city: approvals to borrowers whose address is in Chelsea, in any county, FY2010 to FY2026. Only 2 loans have reached a final outcome, fewer than the 30 a charge-off rate needs, so no rate is published.
US Small Business Administration, 504 FOIA release, FY2010 to FY2026 year to date, as of 2026-06-30.
Chelsea
Flood risk in Chelsea
- NFIP communityCity of Chelsea
- NFIP community number260599
- Participating in the NFIPNo
- Community Rating System classNone
- Currently effective map date04/03/12
The City of Chelsea does not participate in the National Flood Insurance Program as community 260599 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.
Washtenaw County, not Chelsea
Washtenaw County context, not Chelsea figures
- Establishments in Washtenaw County8,322
- Covered employment, Washtenaw County217,948
- Average annual pay, Washtenaw County$74,298
- Housing units permitted, Washtenaw County1,193
Every figure in this section is published for Washtenaw County as a whole and is not a measurement of Chelsea.
All Washtenaw County figures →
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, Michigan?
5,426, in 2,764 households. Chelsea city covers 3.62 square miles of land, which is 1,500 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?
Washtenaw 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?
$72,098. The median owner-occupied home is valued at $312,700. Median gross rent is $1,619 per month. Source: US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
How much SBA lending goes to Chelsea businesses?
19 7(a) approvals totaling $5.0 m since FY2020, across 6 lenders, median approval $150,000, plus 8 504 approvals worth $5.2 m since FY2010. 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?
No, it is listed but not participating. Chelsea appears in the FEMA Community Status Book as Chelsea, city of, community 260599, 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 Washtenaw 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.
Nearby