Median real estate price in the City Center of Chelsea is $632,208, which is more expensive than 40.6% of the neighborhoods in Massachusetts and 75.5% of the neighborhoods in the U.S.
The average rental price in Chelsea City Center is currently $3,760, based on NeighborhoodScout's exclusive analysis. The average rental cost in this neighborhood is higher than 70.4% 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 7.4% in Chelsea City Center. NeighborhoodScout analysis shows that this rate is lower than 50.4% of the neighborhoods in the nation, approximately near the middle range for vacancies.
Many things matter about a neighborhood, but the first thing most people notice is the way a neighborhood looks and its particular character. For example, one might notice whether the buildings all date from a certain time period or whether shop signs are in multiple languages. This particular neighborhood in Chelsea, the City Center neighborhood, has some outstanding things about the way it looks and its way of life that are worth highlighting.
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. Being a walkable neighborhood can help increase property values for the simple reason that people enjoy it and value it. To put it plainly, despite our love affair with the automobile, American's enjoy taking to the streets, sidewalks, paths, and courtyards of a place to get a coffee, relax, and take in the sights and sounds. And, according to NeighborhoodScout's exclusive and first quantitative walkable score index, the Chelsea City Center neighborhood is one of the most walkable neighborhoods in America.
In addition, corner bodegas, stores on the first floor and apartments above, former grand Victorian residences converted into apartments, three-deckers built shoulder-to-shoulder, duplexes. Such building types define the real estate of neighborhoods dominated by small 2, 3, and 4 unit apartment buildings. Many are in older core neighborhoods of Eastern and Midwestern cities, or historic town centers in their hinterlands. If you wax romantic about the look and feel of such neighborhoods, with fresh pizza, falafel and an independent florist at the corner, then you might find the Chelsea City Center neighborhood worth a close look. This neighborhood is an absolutely outstanding example of the dominance of small 2, 3, and 4 unit apartment buildings compared to neighborhoods across the nation, as they make up a substantial portion of this neighborhood's real estate stock. In fact, no less than 66.7% of the real estate here is made up of such dwellings, which is higher than 99.6% of all U.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 89.7%, which is higher than 96.7% 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, if you find historic homes and neighborhoods attractive, you love the details, the history, and the charm, then you are sure to be interested in this neighborhood. With 83.5% of the residential real estate in the Chelsea City Center neighborhood built no later than 1939, and some built considerably earlier, this neighborhood has a greater concentration of historic residences than 99.8% of all neighborhoods in America. In this regard, this neighborhood truly stands out as special.
More people ride the bus in this neighborhood each day to get to work than 99.2% of U.S. neighborhoods.
Also, if you like to ride the train to work, this neighborhood may be for you. NeighborhoodScout's research revealed that 14.6% of the Chelsea City Center neighborhood's commuters ride the train to and from work each day, which is more than we found in 96.6% of America's neighborhoods.
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. 36.5% of the households in this neighborhood don't own a car at all. This is more carless households than NeighborhoodScout found in 97.8% of U.S. neighborhoods.
It used to be that most Americans lived on the farm, or otherwise made their living from the land, the forests, or the sea. With global trade and an economy increasingly based on providing services to one another, fewer people farm, fish or harvest timber now than at any time in American history. But according to NeighborhoodScout's leading analysis, the Chelsea City Center neighborhood stands apart from most American neighborhood due to the proportion of its residents still working in these fields. With 5.2% of the workforce so employed, this neighborhood has a greater concentration of such workers than 97.2% of U.S. neighborhoods.
The freedom of moving to new places versus the comfort of home. How much and how often people move not only can create diverse and worldly neighborhoods, but simultaneously it can produce a loss of intimacy with one's surroundings and a lack of connectedness to one's neighbors. NeighborhoodScout's exclusive research has identified this neighborhood as unique with regard to the transience of its populace. What is interesting to note, is that the Chelsea City Center neighborhood has a greater percentage of residents born in another country (56.4%) than are found in 98.7% of all U.S. neighborhoods.
Did you know that the Chelsea City Center neighborhood has more Yugoslav and Dominican ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 0.7% of this neighborhood's residents have Yugoslav ancestry and 3.6% have Dominican ancestry.
Chelsea City Center is also pretty special linguistically. Significantly, 88.9% of its residents five years old and above primarily speak Spanish at home. This is a higher percentage than 99.5% of all U.S. neighborhoods.
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 27.0% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 78.6% 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, 40.9% 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 35.0% of the residents employed. Other residents here are employed in executive, management, and professional occupations (11.6%), and 7.3% in clerical, assistant, and tech support occupations.
The most common language spoken in the Chelsea City Center neighborhood is Spanish, spoken by 88.9% of households. Some people also speak English (8.8%).
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 (3.6%). There are also a number of people of Puerto Rican ancestry (3.0%), and residents who report South American roots (1.2%), and some of the residents are also of Mexican ancestry (1.2%). In addition, 56.4% of the residents of this neighborhood were born in another country.
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 30 and 45 minutes commuting one-way to work (27.7% of working residents), which is at or a bit above the average length of a commute across all U.S. neighborhoods.
Here most residents (28.6%) drive alone in a private automobile to get to work. In addition, quite a number also ride the bus to get to work (23.1%) and 21.0% of residents also carpool with coworkers, friends, or neighbors for their daily commute. In a neighborhood like this, as in most of the nation, many residents find owning a car useful for getting to work.