Chelsea, Alabama is a thriving suburban town located in Shelby County. With a population of just over 11,000 residents, it offers a rich culture and plenty of amenities. The cost of living in Chelsea is about the same as the national average. The 2 bedroom rent price in Chelsea is $1,590 per month while the same size home rental rate throughout the US is $1,430 per month. Additionally, the Grocery Cost Index in Chelsea is 99 compared to 100 for the United States overall.
The city of Chelsea provides excellent shopping opportunities with chain stores like Walmart Supercenter and Target nearby. Local businesses such as The Atomic Lounge Bar & Grill, Mountain High Outfitters and Southern Fasteners & Supply offer unique flavors to customers and residents alike. For recreation or leisure activities there are many choices too including Lay Lake Marina or Chelsea Park which features an amphitheater for events and outdoor concerts alongside hiking trails that span across up to 190 acres of land.
Chelsea (zip 35147) has an unemployment rate of 2.0%. The US average is 6.0%.
Chelsea (zip 35147) has seen the job market decrease by -3.7% over the last year. Future job growth over the next ten years is predicted to be 34.0%, which is higher than the US average of 33.5%.
Tax Rates for Chelsea (zip 35147)
- The Sales Tax Rate for Chelsea (zip 35147) is 5.0%. The US average is 7.3%.
- The Income Tax Rate for Chelsea (zip 35147) is 5.0%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.
Income and Salaries for Chelsea (zip 35147)
- The average income of a Chelsea (zip 35147) resident is $37,482 a year. The US average is $37,638 a year.
- The Median household income of a Chelsea (zip 35147) resident is $78,432 a year. The US average is $69,021 a year.