Chelsea, WI is a small town in Wisconsin with a population of around 3,000 people. It is known for its quiet neighborhoods and close proximity to many local attractions. The cost of living in Chelsea is relatively low compared to the national average. For example, two bedroom rent in Chelsea stands at $840 whereas the national average for two bedroom rent is $1,430; this makes it a great place for those looking for an affordable option to live while still enjoying the perks of living in a small town. Additionally, Chelsea's Grocery Cost Index (93) is lower than the US average (100), making it even more attractive to budget-conscious shoppers.
Some of the local businesses in Chelsea include Farley’s Piggly Wiggly grocery store, Bloedow Bakery & Café, and Grandpa’s Garage Auto Repair Shop; all providing great services and products to their community. All in all, Chelsea provides its residents with an affordable yet enjoyable lifestyle that everyone can appreciate.
Chelsea has an unemployment rate of 4.9%. The US average is 6.0%.
Chelsea has seen the job market decrease by -1.2% over the last year. Future job growth over the next ten years is predicted to be 40.8%, which is higher than the US average of 33.5%.
Tax Rates for Chelsea
- The Sales Tax Rate for Chelsea is 5.5%. The US average is 7.3%.
- The Income Tax Rate for Chelsea is 6.3%. 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 $33,178 a year. The US average is $37,638 a year.
- The Median household income of a Chelsea resident is $61,563 a year. The US average is $69,021 a year.