Nantucket, MA

Nantucket, MA

At a Glance

How Nantucket Compares to the U.S. Average

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

Is Nantucket a Good Place to Live?

Economy & Jobs

Nantucket residents earn a median household income of $109,988 , which is 46% above the national average of $75,149. Per capita income is $69,095. The unemployment rate stands at 5.0% (39% above the U.S. rate of 3.6%). 0.3% of residents live below the poverty line. The area is home to 1,318 business establishments, including 116 restaurants.

Housing & Cost of Living

The median home value in Nantucket is $1,359,200 , 382% above the national median of $281,900. Zillow estimates the typical home at $3,029,234. Median rent is $2,484/month, with 33.8% of renters spending more than 30% of income on housing. The cost of living index is 105.8 (100 = national average). The median home was built in 1982.

Safety & Crime

Nantucket reports 237 violent crimes per 100,000 residents , which is 38% below the national average of 380/100K. Property crime is 1,352/100K. The murder rate is 0.0/100K.

Education

57.0% of adults in Nantucket hold a bachelor's degree or higher (69% above the national average). 94.9% have completed high school. Local schools score 5.9/10 in standardized testing.

Climate & Weather

Nantucket has an average annual temperature of 51°F (10°C). Winters average 33°F in January while summers reach 69°F in July. The area gets 275 sunny days per year. Annual precipitation totals 40.9 inches. Air quality is rated Good with a median AQI of 37.

Data Overview

Did You Know?