Chelsea is a somewhat small city located in the state of Alabama. With a population of 16,193 people and three associated neighborhoods, Chelsea is the 48th largest community in Alabama. Much of the housing stock in Chelsea was built relatively recently. The construction of new real estate can often be taken as an indication that the local Chelsea economy is robust, and that jobs or other amenities are attracting an influx of new residents. This seems to be the case in Chelsea, where the median household income is $102,344.00.

Chelsea real estate is some of the most expensive in Alabama, although Chelsea house values don't compare to the most expensive real estate in the U.S.

Also of interest is that Chelsea has more people living here who work in computers and math than 95% of the places in the US.

One interesting thing about the economy is that relatively large numbers of people worked from their home: 11.10% of the workforce. While this number may seem small overall, as a fraction of the total workforce this is high compared to the rest of the county. These workers are often telecommuters who work in knowledge-based, white-collar professions. For example, Silicon Valley has large numbers of people who telecommute. Other at-home workers may be self-employed people who operate small businesses out of their homes.

Because of many things, Chelsea is a great place for families with children to consider. First of all, many other families with children live here, making Chelsea a place where both parents and children are more likely to develop social ties with other families, as well as find family-oriented services and community. The city’s good public school district and large population of college-educated adults provide an environment conducive to academic values. With regard to real estate, Chelsea has a high rate of owner-occupied single family homes, which tends to reflect stability in the local community. Finally, Chelsea’s overall crime rate ranks among the lowest in the country, making it one of the safest places to raise a family.

One downside of living in Chelsea, however, is that residents on average have to contend with a long commute, spending on average 35.70 minutes every day commuting to work.

The education level of Chelsea ranks among the highest in the nation. Of the 25-and-older adult population in Chelsea, 44.98% have at least a bachelor's degree. The typical US community has just 21.84% of its adults holding a bachelor's degree or graduate degree.

The per capita income in Chelsea in 2022 was $43,448, which is wealthy relative to Alabama, and upper middle income relative to the rest of the US. This equates to an annual income of $173,792 for a family of four.

Chelsea is a somewhat ethnically-diverse city. The people who call Chelsea home describe themselves as belonging to a variety of racial and ethnic groups. The greatest number of Chelsea residents report their race to be White, followed by Black or African-American. Important ancestries of people in Chelsea include English, Irish, German, Lebanese, and Italian.

The most common language spoken in Chelsea is English. Other important languages spoken here include Arabic and Spanish.