Wealth Index

The wealth index reflects the overall economic prosperity and financial well-being of a county's residents based on income levels, employment rates, and income inequality metrics.

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Income Statistics Overview

See income data visualized

Metric Chelsea Massachusetts Avg US Average
Median Household Income $70,961 $101,501 $78,145
Median Personal Income $70,961 $101,501 $78,145
Average income growth 5.3% 5.3% 5.3%

Household Income Trend

Median Household Income Over Time

Chelsea
United States
Year Chelsea United States

Economic Inequality in Chelsea | Gender Pay Gap | Gini Index

Metric Chelsea Massachusetts Avg US Average
Gini Index 0.532 0.554 0.570
Male Median Income $55,287 $89,016 $67,746
Female Median Income $57,033 $73,171 $54,793
Gender Pay Gap -3.2% 17.8% 19.1%

Income by Sex Over Time

Male
Female
Year Male Income Female Income Gap %

Employment

Metric Chelsea Massachusetts Avg US Average
Unemployment Rate 8.8% 5.1% 5.2%
Working from Home 9.6% 16.7% 13.4%
Commute time (minutes) 30 25 22

Unemployment Rate Over Time

Chelsea
United States
Year Chelsea United States