Chelsea is a city in Massachusetts state in USA with a population of 39878 residents.. The poverty rate of Chelsea is 19.1%, which is 36% higher than national average. The typical household in Chelsea earns $60370 a year, compared to the national median of $67,500. Nearly 42.2% of households earn less than $50,000 a year compared to 39% national rate.

A high school education is a basic prerequisite for most jobs, and in Chelsea, only 69% of adults have a high school diploma, compared to the 87.7% of adults nationwide. The unemployment rate of Chelsea remained 6.2%, which is 32% higher than national rate. Nearly 1 times comparable to 4.7% national rate, according to the Census. Higher educational attainment can lead to improved job security and reduce the likelihood of financial insecurity. In Chelsea, only 20% of adults have a bachelor's degree and 20% have some college but no degree.

Cost of living in Chelsea is 127, which is 27% higher than national average. Median home value in Chelsea is $369900 , which is 61% higher than national average. While median income in Chelsea remained $60370, which is 11% lower than national average.