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Chelsea Massachusetts Real Estate By Jennifer Hershey

Chelsea Massachusetts Real Estate

Chelsea, Massachusetts, is located in Suffolk County, 2 miles S of Malden, Massachusetts and 4 miles NE of Boston, Massachusetts. Chelsea has a population of 35,080.

Chelsea Homes

Chelsea properties pool is 11,888 residential properties including Chelsea new homes. Median age of real estate in Chelsea is 1948. Average Household size is 3.5 people. 8% are one bedroom homes, 32% are 2 bedroom homes, 33% are 3 bedroom homes, 12% are 4 bedroom homes, and 15% are 5+ bedroom homes.

Chelsea Mortgage Statistics

Chelsea mortgages vs. USA median statistics

Homes Chelsea USA
Homes With No Mortgage 40%
30%
Homes With Mortgage 60%
70%
First Mortgage Only 43%
54%
First & Second Mortgage or HELOC 18%
16%

Chelsea Area Real Estate Tax

Chelsea Real estate Tax: Median Real Estate Taxes (2000) were $1,292 comparing to 1999 Median Family income $ 32,130. Compare to USA median yearly Real Estate Tax $1,300 and USA median Family Income $42,000 (1999).

Chelsea School District: Children make up 27.3% of Chelsea population. Chelsea has 9,568 under 18 years old residents, or 0.76 kids per one worker, or 0.8 kids per one household.

Chelsea Real Estate & Chelsea Homeownership

There are 3447.52 or 29% one person households, 2734.24 or 23% two person households, and 1902.08 or 16% three person households in Chelsea, Massachusetts. Median residents age is 31.3, Senior citizens (65+) make up 3,933 or 11.2%% of Chelsea population.

There are 12,574 workers (over 16 years of age) in Chelsea. Of these, 65.36% drive to work. Approximately 24.92% of workers in Chelsea take public transportation. An estimated 6.55% walk to work.

Median Chelsea homeowner's housing expences are 19.6%

Crime in Chelsea (2003), crimes per 10,000 residents per year

Type of Crime Chelsea USA, 2003
Violent Crimes
164.2
47.5
Robberies
45.04
14.2
Aggravated Assaults
111.74
29.5
Property Crimes
365.45
358.8
Burglaries
96.07
74.0
Larceny-Thefts
148.23
241.5
Motor Vehicle Thefts
121.15
43.3

Invest in Chelsea Properties

When making a decision about buying real estate in Chelsea Massachusetts area, you should consider following statistical data:

Category Chelsea USA
Near Medium City
Malden, Massachusetts
-
Near Large City
Boston, Massachusetts
-
Chelsea Zip Codes
02150
-
Chelsea Area Codes
617
-
White population
57.95%
75.1%
African-American population
7.25%
12.3%
Asian
4.69%
3.6%
American Indian & Alaskan
0.48%
0.9%
Hispanic (of any race)
48.42%
12.5%
Median Family Income (1999)
$ 32,130%
$42,000
Population Below Poverty Level
22.58%
12.4%

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