2025 Compare Cities Economy:
Chelsea, MI vs Princeton, NJ

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Highlights
- Household income in Princeton, is 147% more than it is in Chelsea and is 58% above the National Average.
- Chelsea unemployment rate is 4.3%.
- Princeton unemployment rate is 3.6%.
 Chelsea, MIPrinceton, NJUnited States
 Unemployment Rate  Unlock3.6%6.0%
 Recent Job Growth  Unlock1.3%1.6%
 Future Job Growth34.0%  Unlock33.5%
 Sales Taxes6.0%  Unlock6.2%
 Income Taxes  Unlock5.5%4.6%
 Income per Cap.$48,646  Unlock$37,638
 Household Income  Unlock$165,149$69,021
 Family Median Income$133,796  Unlock$85,028
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 Est. Households By Income
 Chelsea, MIPrinceton, NJUnited States
 Income Less Than 15K  Unlock5.8%9.4%
 Income between 15K and 20K2.8%  Unlock3.8%
 Income between 20K and 30K  Unlock2.5%8.1%
 Income between 30K and 40K15.4%  Unlock8.0%
 Income between 40K and 50K  Unlock2.1%7.6%
 Income between 50K and 60K6.5%  Unlock7.2%
 Income between 60K and 75K  Unlock6.6%9.6%
 Income between 75K and 100K8.4%  Unlock12.8%
 Income between 100K and 150K  Unlock11.4%16.3%
 Income between 150K and 200K12.1%  Unlock7.8%
 Income greater than 200K  Unlock44.1%9.5%
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 Population By Occupation
 Chelsea, MIPrinceton, NJUnited States
 Management, business, finance19.6%  Unlock16.4%
 Engineering, computers, science  Unlock16.6%6.5%
 Community, social services2.3%  Unlock1.8%
 Legal  Unlock2.0%1.2%
 Education, library5.5%  Unlock6.2%
 Arts, design, media, sports, entertainment  Unlock4.2%2.0%
 Healthcare practitioners and technology17.8%  Unlock6.2%
 Healthcare support  Unlock1.1%3.3%
 Firefighters, law enforcement1.9%  Unlock2.1%
 Food preparation, serving  Unlock2.4%5.4%
 Building maintenance2.3%  Unlock3.6%
 Personal care  Unlock1.3%2.6%
 Sales, office, administrative support20.9%  Unlock20.9%
 Farming, fishing, forestry  Unlock0.1%0.6%
 Construction, extraction, maintenance/repair3.7%  Unlock8.1%
 Production, transportation, material moving  Unlock2.7%13.1%
Reviews for Chelsea    3 Reviews

Over 9 years ago

I lived in Chelsea in the 1990s and occasionally return out of family obligation. It's marginally more affordable than neighboring Ann Arbor, thus its status as a  More

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Over 16 years ago

Beautiful small town with the best public library. Very convenient to interstate for travel and the excitement and interests of a college town nearby (Ann  More

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Over 17 years ago

Chelsea, Michigan has small town character with plenty of culture and recreation, too. With numerous art galleries, the famous Purple Rose Theatre by actor Jeff Daniels,  More

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Reviews for Princeton    5 Reviews

Many cities have colleges in them, but Princeton's character and quality of life are very deeply influenced by having such an outstanding school contributing to all  More

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Over 16 years ago

police are very quick to respond and resolve crime problems. very safe place to live. when you feel safe, all other issues are  More

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You'll never lose on a real estate investment in Princeton. It has that cache that people always desire. McCarter Theatre, University concerts, fine dining, great  More

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