HomeMichiganWashtenaw CountyChelsea city
Chelsea city, Michigan: commercial real estate data.
Chelsea city 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.
80 sourced place values · tier FULL · 9 sections
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 7(a) lending to Chelsea borrowers
- Approvals19
- Gross approval$4,974,200
- Average approval$261,800
- Median approval$150,000
- Ninetieth percentile approval$823,900
- 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
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.
Chelsea
SBA 504 lending to Chelsea borrowers
- Approvals8
- Gross approval$5,208,000
- Average approval$651,000
- Median approval$579,000
- Largest approval$1,485,000
- Jobs supported92
- Loans with a final outcome2
- Charged off0
- Median term240 months
- Distinct CDCs2
US Small Business Administration, 504 FOIA release, FY2010 to FY2026 year to date, as of 2026-06-30.
Chelsea
Flood programme status in Chelsea
- Listed NFIP communities1
- Of those, participating0
- NFIP community number260599
- Currently effective map date04/03/12
This community carries no Community Rating System class, so no CRS premium discount applies to it.
FEMA, National Flood Insurance Program Community Status Book, Community Status Book, as retrieved.
Washtenaw County, not Chelsea
Washtenaw County context, not Chelsea figures
These are Washtenaw 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 Washtenaw County8,322
- Employment at those establishments, Washtenaw County158,858
- Covered employment, Washtenaw County217,948
- Average annual pay, Washtenaw County$74,298
- Average weekly wage, Washtenaw County$1,429
- Housing units permitted, Washtenaw County1,193
- Of those, single family, Washtenaw County557
- County product, 2024, Washtenaw County$34,591,665,000
- County product change over the prior year, Washtenaw County5.3 percent
- Average income of an arriving household, Washtenaw County$83,284
Every figure in this section is published for Washtenaw 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.
- 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, 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 totalling $5.0 m, across 6 lenders, median approval $150,000, plus 8 504 approvals worth $5.2 m. 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.
Is Chelsea in the National Flood Insurance Program?
It is listed but not shown as participating. Chelsea appears in the FEMA Community Status Book as 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 labelled 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?
Not yet. The zoning layer is in build. Nothing on this page presents parcel level zoning.
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