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Real Estate Prices & Overview

Median real estate price in the City Center of Chelsea is $648,721, which is more expensive than 46.8% of the neighborhoods in Massachusetts and 77.8% of the neighborhoods in the U.S.

The average rental price in Chelsea City Center is currently $4,065, based on NeighborhoodScout's exclusive analysis. The average rental cost in this neighborhood is higher than 72.8% of the neighborhoods in Massachusetts.

Chelsea City Center is a densely urban neighborhood (based on population density) located in Chelsea, Massachusetts.

Real estate in the City Center of Chelsea, MA is primarily made up of medium sized (three or four bedroom) to small (studio to two bedroom) small apartment buildings and apartment complexes/high-rise apartments. Most of the residential real estate is renter occupied. Many of the residences in the City Center neighborhood are relatively historic, built no later than 1939, and in some cases, quite a bit earlier. A number of residences were also built between 1940 and 1969.

Home and apartment vacancy rates are 7.6% in Chelsea City Center. NeighborhoodScout analysis shows that this rate is lower than 50.5% of the neighborhoods in the nation, approximately near the middle range for vacancies.

Notable & Unique Neighborhood Characteristics

When you see a neighborhood for the first time, the most important thing is often the way it looks, like its homes and its setting. Some places look the same, but they only reveal their true character after living in them for a while because they contain a unique mix of occupational or cultural groups. This neighborhood is very unique in some important ways, according to NeighborhoodScout's exclusive exploration and analysis.

Real Estate

The Chelsea City Center neighborhood is very densely populated compared to most U.S. neighborhoods. In fact, with 48,430 persons per square mile in the neighborhood, it is more packed with people than 98.4% of the nation's neighborhoods. Even if you drive or take transit to your place of employment, many people enjoy being able to walk in their neighborhood. What many people don't realize is that most of America's premier vacation locations are also very walkable. The Chelsea City Center neighborhood is among the top 5% of American neighborhoods in terms of walkability.

In addition, three-deckers, duplexes, old Victorian homes cut up into apartments. Independent stores on the corner selling pizza. These are some of the hallmarks of neighborhoods with lots of small 2, 3, and 4 unit apartment buildings. The Chelsea City Center neighborhood really stands out in this regard, however, as it is dominated by such small apartment buildings more than nearly any other neighborhood in America. This is a stunning visual and lifestyle example of this type of neighborhood. In fact, 65.6% of the real estate here are small 2, 3, or 4 unit apartment buildings, which is a higher proportion than found in 99.5% of America's neighborhoods.

Furthermore, renter-occupied real estate is dominant in the Chelsea City Center neighborhood. The percentage of rental real estate here, according to exclusive NeighborhoodScout analysis, is 92.1%, which is higher than 97.3% of the neighborhoods in America. If you were to buy and live in the property you bought here, you would be almost alone in doing so.

Also of note, do you watch 'This Old House' on Public Television? Do you love the idea of fixing up a Colonial or Victorian era home, complete with the charm of yesteryear? Do you like to stroll or drive streets lined with gracious older residences? If you found yourself nodding yes to any of these questions, you are going to be interested in this unique neighborhood. The Chelsea City Center neighborhood stands out on a national scale for the sheer concentration of historic residences it contains: 76.5% of the residential real estate here was built from 1939 or earlier, some much earlier. This is a greater concentration of historic homes than 99.4% of the neighborhoods in the United States.

Modes of Transportation

Our research revealed that more commuters here take the bus to work (28.4% ride the bus) than 99.6% of all American neighborhoods. If you like the idea of leaving your car and home and hopping the bus to work, this might be a good neighborhood for you to consider.

Also, in the Chelsea City Center neighborhood, 14.2% of people ride the train to work each day. This is a very high percentage compared to most places. In fact, NeighborhoodScout's analysis reveals that this is a higher level of train ridership than in 96.3% of the neighborhoods in America.

Finally, our research shows that more people carpool to work here in the Chelsea City Center (22.5%) than in 95.4% of the neighborhoods in America.

Car Ownership

American households most often have a car, and regularly they have two or three. But households in the Chelsea City Center neighborhood buck this trend. 25.7% of the households in this neighborhood don't own a car at all. This is more carless households than NeighborhoodScout found in 96.5% of U.S. neighborhoods.

Occupations

More people work in manufacturing and as laborers here in the Chelsea City Center neighborhood than in 95.0% of the neighborhoods in America. Despite the loss of manufacturing jobs across the nation, this neighborhood remains a place where, compared to other parts of the country, you will find many laborers and manufacturers.

Migration / Stability

Do you like to be surrounded by people from all over the country or world, with different perspectives and life experiences? Or do you instead prefer to be in a neighborhood where most residents have lived there for a long time, creating a sense of cohesiveness? NeighborhoodScout's analysis reveals that this neighborhood stands out among American neighborhoods for the uniqueness of the mobility of its residents. What is interesting to note, is that the Chelsea City Center neighborhood has a greater percentage of residents born in another country (55.6%) than are found in 98.7% of all U.S. neighborhoods.

Diversity

Did you know that the Chelsea City Center neighborhood has more Dominican ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 6.6% of this neighborhood's residents have Dominican ancestry.

Chelsea City Center is also pretty special linguistically. Significantly, 85.1% of its residents five years old and above primarily speak Spanish at home. This is a higher percentage than 99.1% of all U.S. neighborhoods.

The Neighbors

There are two complementary measures for understanding the income of a neighborhood's residents: the average and the extremes. While a neighborhood may be relatively wealthy overall, it is equally important to understand the rate of people - particularly children - who are living at or below the federal poverty line, which is extremely low income. Some neighborhoods with a lower average income may actually have a lower childhood poverty rate than another with a higher average income, and this helps us understand the conditions and character of a neighborhood.

The neighbors in the City Center neighborhood in Chelsea are middle-income, making it a moderate income neighborhood. NeighborhoodScout's exclusive analysis reveals that this neighborhood has a higher income than 48.3% of the neighborhoods in America. With 27.1% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 78.1% of U.S. neighborhoods.

A neighborhood is far different if it is dominated by enlisted military personnel rather than people who earn their living by farming. It is also different if most of the neighbors are clerical support or managers. What is wonderful is the sheer diversity of neighborhoods, allowing you to find the type that fits your lifestyle and aspirations.

In the Chelsea City Center neighborhood, 41.6% of the working population is employed in manufacturing and laborer occupations. The second most important occupational group in this neighborhood is sales and service jobs, from major sales accounts, to working in fast food restaurants, with 34.3% of the residents employed. Other residents here are employed in executive, management, and professional occupations (16.8%), and 5.1% in clerical, assistant, and tech support occupations.

Languages

The languages spoken by people in this neighborhood are diverse. These are tabulated as the languages people preferentially speak when they are at home with their families. The most common language spoken in the Chelsea City Center neighborhood is Spanish, spoken by 85.1% of households. Other important languages spoken here include English and Arabic.

Ethnicity / Ancestry

Boston's Beacon Hill blue-blood streets, Brooklyn's Orthodox Jewish enclaves, Los Angeles' Persian neighborhoods. Each has its own culture derived primarily from the ancestries and culture of the residents who call these neighborhoods home. Likewise, each neighborhood in America has its own culture – some more unique than others – based on lifestyle, occupations, the types of households – and importantly – on the ethnicities and ancestries of the people who live in the neighborhood. Understanding where people came from, who their grandparents or great-grandparents were, can help you understand how a neighborhood is today.

In the City Center neighborhood in Chelsea, MA, residents most commonly identify their ethnicity or ancestry as Dominican (6.6%). There are also a number of people of South American ancestry (4.4%), and residents who report Puerto Rican roots (4.3%), and some of the residents are also of Mexican ancestry (1.8%), along with some Arab ancestry residents (1.3%), among others. In addition, 55.6% of the residents of this neighborhood were born in another country.

Getting to Work

Even if your neighborhood is walkable, you may still have to drive to your place of work. Some neighborhoods are located where many can get to work in just a few minutes, while others are located such that most residents have a long and arduous commute. The greatest number of commuters in Chelsea City Center neighborhood spend between 15 and 30 minutes commuting one-way to work (35.3% of working residents), which is shorter than the time spent commuting to work for most Americans.

Here most residents (28.4%) ride the bus to get to work. In addition, quite a number also carpool with coworkers, friends, or neighbors to get to work (22.5%) and 20.3% of residents also drive alone in a private automobile for their daily commute. The bus provides a valuable service in the City Center neighborhood of Chelsea by getting a lot of residents to and from work daily, reducing the costs of commuting and reducing some congestion on the roads as well.


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