At a Glance
Median Income
$109,988
$69,095 per capita
Home Value
$1,359,200
Zillow: $3,171,248
Median Rent
$2,484/mo
33.8% of income on rent
Violent Crime
156/100K
926/100K property
Bachelor's Degree+
57.0%
94.9% high school+
Unemployment
6.6%
0.3% poverty rate
Obesity Rate
26.8%
9.0% smoking rate
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)
Thin vertical line = U.S. national average (100%)
Is Nantucket a Good Place to Live?
C+
2.8 / 5.0 - Fair
Based on economy, affordability, safety, and education metrics compared to national averages.
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 6.6% (83% 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 $3,171,248. 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 156 violent crimes per 100,000 residents
, which is 59% below the national average of 380/100K.
Property crime is 926/100K.
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. Annual precipitation totals 40.9 inches.
Data Overview
People
Population10,837
Median Age40.3 yrs
Density1,862/mi²
Male / Female48% / 52%
Foreign Born14.9%
Veterans3.7%
Economy
A
Median Income$109,988
Per Capita$69,095
Unemployment6.6%
Poverty0.3%
County GDP$2,107M
Avg Weekly Wage$1,515
Housing
F
Home Value$1,359,200
Rent$2,484
Ownership81.5%
Zillow$3,171,248
Housing Units6,854
Rent Burden33.8%
Crime
F
Violent156/100K
Property926/100K
Health
Obesity26.8%
Diabetes7.2%
Smoking9.0%
Heart Disease4.2%
Premature Death4,855/100K
Climate
Avg Temp51°F
Rain40.9 in/yr
Elevation25 ft
Education
A+
Bachelor's+57.0%
High School+94.9%
Graduate+18.3%
School Score5.9/10
Community
2024 VoteR 31% / D 68%
Commute15 min
Broadband94.8%
Internet Speed110 Mbps
EV Stations19
Libraries1
Did You Know?
The median home in Nantucket was built in 1982.
The nearest airport is New Bedford Regional (53 miles).
The Gini coefficient (income inequality) is 0.458 (U.S. avg: 0.490).
Natural hazard risk is rated "Very Low" by FEMA.
9.0% of the population has a disability.
14.9% of residents are foreign-born.
Average internet download speed is 110 Mbps.
There are 116 restaurants in the area.
The county recorded 1 fatal vehicle crashes.