Businesses for Sale | Chelsea, Massachusetts
Discover business opportunities, in or around Chelsea, with well-established brands, who are looking for people like you to help them grow.
As of the 2024 ACH Map Data, Chelsea, located in The Bay State had a total population of 38,464 people.
City Statistics and Other Information About Chelsea
Demographics
From a total population of 38,464, Chelsea has a median age of 35. The average age of males, in Chelsea, is 35 while the average age of females is 35. When you compare the median age of men and women in Chelsea, there is an average difference of 0 years.
Income
The median income of individuals, in Chelsea, is $35,204 while the average household income is $74,492. In 2029, the average income per capita for Chelsea is expected to be $35,204.
Additional Information
02150Suffolk County
Is Chelsea the Best Location for Franchise Opportunities and Growth?
What is the average income in Chelsea?
The median household income in Chelsea is $74,492, providing insight into the financial conditions of local residents and their ability to support businesses.
Is Chelsea an affordable place to start a franchise?
With a median income of $74,492, Chelsea presents an opportunity for businesses that cater to cost-conscious consumers, making it a strong market for affordable and essential services.
How does Chelsea's income compare to other locations?
The median income of $74,492 in Chelsea is below the national median income of $80,610, influencing local consumer spending habits and franchise potential.
Does Chelsea have a stable workforce to support my business?
Absolutely! With 11,665 employed individuals, Chelsea offers a solid labor force to support franchise growth.
Is Chelsea a growing economy?
With a workforce of 11,665 and a median household income of $74,492, Chelsea provides an emerging economic environment for new business opportunities.
Does homeownership in Chelsea indicate a stable market?
Homeownership rates at 3,603 show a strong local investment in the community, which benefits long-term franchise success.
