Chelsea, MA
39,908Residents
$72,179Median household income
$1,956/moMedian gross rent
$493,500Median home value
34.4Median age
22%Adults with a bachelor’s degree or higher
26%Homes lived in by their owners
6.8×Home value to household income
Median rent takes about 33% of the median household income in Chelsea.
What pay do you need to rent here?
To keep rent at or below 30% of gross pay, you would need about $78,000 a year. In Massachusetts that leaves roughly $4,984 a month after tax. See the full paycheck breakdown for $80,000.
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Source: Census ACS 2024 ACS 5-year, places. Small places carry larger margins of error.