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Page2of2Chelsea, MI 48118 has a population of approximately 12,665 and experiences a population change rate of 7.89%. The population density is 144.4 / sq mi .
The median household income for Chelsea, MI 48118 is $85,731, with 5,433 households and an average household size of 2.35.
The median value of a home in Chelsea, MI 48118 is $329,300 with an appreciation rate of 13.10%. 76.05% of housing in the state is owned while 19.55% is rented.
The cost of living in Chelsea, MI 48118 is 118 %.
The unemployment rate in Chelsea, MI 48118 is 2.50%, and recent job growth is at 6.14%. Future job growth is projected at 46.49%.
The sales tax rate in Chelsea, MI 48118 is 6.00%, while the income tax rate is 4.25% .
School expenditures in Chelsea, MI 48118 are $16,020, and the school ratio is 15.2:1.
The average high temperature in July is 82.2 degrees, with an average low temperature in January of 14.8 degrees. The average rainfall is approximately 33.6 inches per year, with 40.2 inches of snow per year.
