Chelsea, NE Economy


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United States / Nebraska / No Metro Area / Fillmore County / Chelsea / Zip Codes
Chelsea, NE is a small city located in the state of Nebraska. It has a population of around 1,500 people and is known for its beautiful landscape and friendly atmosphere. The cost of living in Chelsea, NE is considerably lower than that of the US as a whole. Two bedroom apartments rent for $820 compared to $1,430 in the US. Grocery costs are 92 on the index versus 100 nationally.
The city is home to many local businesses such as Chelsea Motor Works, an automotive repair shop; Chelsea Veterinary Clinic, which offers pet care services; and Chelsea Farms Market & Nursery, a family-owned business that provides locally grown produce and plants. Many restaurants can also be found throughout Chelsea including The Bistro Café which specializes in Mediterranean cuisine and Catrina’s Tacos & Tequila Bar which serves Mexican dishes with an American twist. Additionally, there are several volunteer organizations in town such as the Chelsea Public Library Association and the Friends of Animals organization which helps take care of stray animals in need of assistance.

Chelsea has an unemployment rate of 2.1%. The US average is 6.0%.

Chelsea has seen the job market increase by 0.5% over the last year. Future job growth over the next ten years is predicted to be 22.5%, which is lower than the US average of 33.5%.

Tax Rates for Chelsea
- The Sales Tax Rate for Chelsea is 7.5%. The US average is 7.3%.
- The Income Tax Rate for Chelsea is 6.8%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.

Income and Salaries for Chelsea
- The average income of a Chelsea resident is $29,591 a year. The US average is $28,555 a year.
- The Median household income of a Chelsea resident is $168,929 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyChelsea, NebraskaUnited States
  2.16
  -1.0%-6.2%
  22.5%33.5%
  5.5%6.2%
  6.8%4.6%
  $33,321$37,638
  $168,929$69,021
  $168,929$85,028
  Population by Occupation
  9.1%1.2%
  0.0%0.5%
  0.0%6.8%
  0.0%10.0%
  0.0%2.5%
  15.9%11.0%
  0.0%4.8%
  11.4%0.8%
  13.6%1.9%
  0.0%4.7%
  0.0%1.9%
  0.0%7.6%
  0.0%0.1%
  22.7%4.2%
  11.4%9.3%
  15.9%14.0%
  0.0%2.1%
  0.0%7.0%
  0.0%4.8%
  0.0%4.7%
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