Surrounding submarket Area
Chelmsford, Massachusetts is a part of the North Shore Submarket submarket area, and contains zip code 1824.
Chelmsford Demographics & Economic Trends
The 2019 average effective rent for Class A, B, and C apartments in the Chelmsford, MA submarket area was $2,062, which is 23.99% higher than 2014 average rent. This represents a compounded annual growth rate of 4.39%. 2019 vacancy in Chelmsford, MA was 3.20%.
The total population of the city of Chelmsford, MA has grown 4.47% since 2010. As of 2018, the population was 35,313. The median household income of the Chelmsford was $109,955, which is 82.37% higher than the national average.
- submarket area North Shore Submarket
- avg rent $2,062
- rent growth 23.99%
- vacancy 3.20%
- median income $109,955
- population (2018) 35,313
- population growth 4.47%
- vs. nat'l avg 82.37%
- zip code 1824
