Chelsea, MA 02150 ZIP Code Profile

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Chelsea, MA
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ZIP Code 02150: Basic Data & USPS Preferred City Name

Preferred Name, USPS
Chelsea, MA 02150

  • ZIP Code Type: STANDARD
  • County: Suffolk County
  • Centroid: Latitude 42.397, Longitude -71.035
  • Time Zone: Eastern Time Zone (UTC -5 hours)
  • Observes DST: Yes
  • Businesses Addresses: 1,020
  • PO Box Addresses: 453
  • Residential Addresses: 12,966
    • Multi-Family Addresses: 7,795
    • Single Family Addresses: 5,171

The ZIP Code maps and database are updated 4 times per year.
Database updated: August 1, 2019, Maps updated: August 2, 2019.

Jump to... (On This Page!)
  1. 02150 2019 Demographic Data
  2. Growth Rates for 02150 (Historical & 5-Year Forecast)
  3. Peer Comparisons (Rank and Percentile)
  1. Neighborhoods Demographics (Home Values, Household Income, etc.)
  2. Massachusetts Research Tools (Easy Tools & Current Data)
  3. Massachusetts Data Comparison Tool - 2019 Demographics

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Boundary Maps, Demographic Data, School Zones Review maps and data for the neighborhood, city, county, ZIP Code, and school zone. July 1, 2019, data includes home values, household income, percentage of homes owned, rented or vacant, etc.



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Chelsea, MA 02150 Data & Demographics (As of July 1, 2019)

HOUSING AFFORDABILITY INDEX

Chelsea, MA 02150 Housing Affordability Index is 76
State of Massachusetts Housing Affordability Index is 87
The Housing Affordability Index base is 100 and represents a balance point where a resident with a median household income can normally qualify to purchase a median price home. Values above 100 indicate increased affordability, while values below 100 indicate decreased affordability.

WEALTH INDEX

Chelsea, MA 02150 Wealth Index is 55
State of Massachusetts Wealth Index is 139
The Wealth Index is based on a number of indicators of affluence including average household income and average net worth, but it also includes the value of material possessions and resources. It represents the wealth of the area relative to the national level. Values above or below 100 represent above-average wealth or below-average wealth compared to the national level.

These new demographic attributes are availiable for cities, Counties, ZIP Codes and even neighborhoods (Census Blocks) when you search by a specific Massachusetts address.

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  1. New 2-Minute Introduction and Concise Guide to Big Data which will help you make the most effective use of HomeTownLocator Tools.
  2. References & Data Sources page for more information about methodology and sources of data.

POPULATION

Total Population 39,632
Population in Households 38,896
Population in Familes 29,337
Population in Group Qrtrs 736
Population Density 17,863
Diversity Index1 89
 

INCOME

Median Household Income $55,026
Average Household Income $74,342
Per Capita Income $24,497
Wealth Index3 55

HOUSING

Total Housing Units 13,688 (100%)
Owner Occupied HU 3,827 (28.0%)
Renter Occupied HU 9,213 (67.3%)
Vacant Housing Units 648 ( 4.7%)
Median Home Value $352,710
Housing Affordability Index2 76
 

HOUSEHOLDS

Total Households 13,040
Average Household Size 2.98
Family Households 8,157
Average Family Size 4
NOTES
  1. The Diversity Index is a scale of 0 to 100 that represents the likelihood that two persons, chosen at random from the same area, belong to different race or ethnic groups. If an area's entire population belongs to one race AND one ethnic group, then the area has zero diversity. An area's diversity index increases to 100 when the population is evenly divided into two or more race/ethnic groups.
  2. The Housing Affordability Index base is 100 and represents a balance point where a resident with a median household income can normally qualify to purchase a median price home. Values above 100 indicate increased affordability, while values below 100 indicate decreased affordability.
  3. The Wealth Index is based on a number of indicators of affluence including average household income and average net worth, but it also includes the value of material possessions and resources. It represents the wealth of the area relative to the national level. Values above or below 100 represent above-average wealth or below-average wealth compared to the national level.

GROWTH RATE / YEAR

2010-2019 2019-2024
Population 1.3% 1.24%
Households 1.06% 1.09%
Families 1.1% 1.14%
Median Household Income   2.6%
Per Capita Income   3.01%

Chelsea, MA 02150 - Peer Comparisons by Rank and Percentile

The table below compares 02150 to the other 523 ZIP Codes in Massachusetts by rank and percentile using July 1, 2019 data. The location Ranked # 1 has the highest value. A location that ranks higher than 75% of its peers would be in the 75th percentile of the peer group.

Variable Description Rank Percentile
Total Population # 27 95th
Population Density # 22 96th
Diversity Index # 8 99th
Median Household Income # 441 16th
Per Capita Income # 482 8th

Additional comparisons and rankings can be made with a VERY EASY TO USE Massachusetts Census Data Comparison Tool.


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