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Nahant, MA

Full City Profile · Massachusetts · Essex County County

3.5 /5.0
B+ Good
3,328 Population 3,081/sq mi density
$111,004 Median Income $91,157 per capita
$686,000 Home Value $932,495 Zillow
$1,790 Median Rent 37.3% income on rent
51°F Avg Temperature 259 sunny days/yr
342 Violent Crime/100K 342 property/100K
B+
Overall
3.5 / 5.0
Good overall score based on economy, affordability, safety and education
A+
Economy
4.8 / 5.0
$111,004 median income, 3.3% unemployment
B
Affordability
3.2 / 5.0
$686,000 home value, $1,790/mo rent
F
Safety
1.0 / 5.0
342 violent crimes/100K
A+
Education
5.0 / 5.0
61.7% bachelor's degree or higher

Income Overview

Median Household Income
$111,004
48% above
US avg: $75,149
Per Capita Income
$91,157
133% above
US avg: $39,052
Unemployment Rate
3.3%
8% below
US avg: 3.6%
Poverty Rate
4.1%
67% below
US avg: 12.4%

Income Comparison: Nahant vs. U.S. Average

Each bar shows Nahant’s value as a percentage of the national average (100% line = U.S. avg)

Median Household
US: $75,149
$111,004
148%
Per Capita
US: $39,052
$91,157
233%
IRS Avg AGI
US: $72,000
$111,515
155%
Avg Weekly Wage
US: $1,432
$1,453
101%
Thin line = U.S. average (100%)

Employment & Commute

Avg Weekly Wage
$1,453
1% above US avg ($1,432)
Mean Commute Time
33 min
19% above US avg (28 min)
Work From Home
14.9%
2% below US avg (15.2%)
Drive Alone
69.3%
5% below US avg (73.2%)
Public Transit
3.4%
32% below US avg (5.0%)
County GDP
$60,733M
County-level GDP (BEA 2024)

How Residents Get to Work

Drive Alone 69.3%
Public Transit 3.4%
Work From Home 14.9%
Other 12.4%
Average commute time
33 minutes
US avg: 28 min

Business Landscape

Total Establishments
28,628
Restaurants
1,878
Healthcare
2,243
Retail
2,499
Manufacturing
777

Tax & Financial

IRS Avg Adjusted Gross Income
$111,515
55% above US avg ($72,000)
Avg Property Tax
$8,835
152% above US avg ($3,500)
Cost of Living Index
105.8
Above national average (100 = US avg)

Complete Economy Data

Income & Wages

Median Household Income$111,004
Per Capita Income$91,157
IRS Avg Adjusted Gross Income$111,515
Avg Weekly Wage$1,453
County GDP$60,733M

Hardship Indicators

Unemployment Rate3.3%
Poverty Rate4.1%
Gini Coefficient0.483
Cost of Living Index105.8

Commute

Mean Commute33 minutes
Drive Alone69.3%
Public Transit3.4%
Work From Home14.9%

Businesses

Total Establishments28,628
Restaurants1,878
Healthcare2,243
Retail2,499
Manufacturing777

Tax

IRS Avg AGI$111,515
Avg Property Tax$8,835