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Nantucket, MA
Full City Profile · Massachusetts · Nantucket County County
2.9
/5.0
C+
Fair
10,837
Population
1,862/sq mi density
$109,988
Median Income
$69,095 per capita
$1,359,200
Home Value
$3,029,234 Zillow
$2,484
Median Rent
33.8% income on rent
51°F
Avg Temperature
275 sunny days/yr
237
Violent Crime/100K
1,352 property/100K
C+
Overall
2.9 / 5.0
Fair overall score based on economy, affordability, safety and education
A+
Economy
4.6 / 5.0
$109,988 median income, 5.0% unemployment
F
Affordability
1.0 / 5.0
$1,359,200 home value, $2,484/mo rent
F
Safety
1.0 / 5.0
237 violent crimes/100K
A+
Education
5.0 / 5.0
57.0% bachelor's degree or higher
Income Overview
Median Household Income
$109,988
46% above
US avg: $75,149
Per Capita Income
$69,095
77% above
US avg: $39,052
Unemployment Rate
5.0%
39% above
US avg: 3.6%
Poverty Rate
0.3%
98% below
US avg: 12.4%
Income Comparison: Nantucket vs. U.S. Average
Each bar shows Nantucket’s value as a percentage of the national average (100% line = U.S. avg)
Median Household
US: $75,149
$109,988
146%
Per Capita
US: $39,052
$69,095
177%
IRS Avg AGI
US: $72,000
$134,986
187%
Avg Weekly Wage
US: $1,432
$1,515
106%
Thin line = U.S. average (100%)
Employment & Commute
Avg Weekly Wage
$1,515
6% above US avg ($1,432)
Mean Commute Time
15 min
45% below US avg (28 min)
Work From Home
11.0%
28% below US avg (15.2%)
Drive Alone
70.3%
4% below US avg (73.2%)
Public Transit
0.6%
88% below US avg (5.0%)
County GDP
$2,107M
County-level GDP (BEA 2024)
How Residents Get to Work
Drive Alone
70.3%
Public Transit
0.6%
Work From Home
11%
Other
18.1%
Average commute time
15 minutes
US avg: 28 min
Business Landscape
Total Establishments
1,318
Restaurants
116
Healthcare
40
Retail
155
Manufacturing
14
Tax & Financial
IRS Avg Adjusted Gross Income
$134,986
87% above US avg ($72,000)
Avg Property Tax
$6,416
83% 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 | $109,988 |
| Per Capita Income | $69,095 |
| IRS Avg Adjusted Gross Income | $134,986 |
| Avg Weekly Wage | $1,515 |
| County GDP | $2,107M |
Hardship Indicators
| Unemployment Rate | 5.0% |
| Poverty Rate | 0.3% |
| Gini Coefficient | 0.458 |
| Cost of Living Index | 105.8 |
Commute
| Mean Commute | 15 minutes |
| Drive Alone | 70.3% |
| Public Transit | 0.6% |
| Work From Home | 11.0% |
Businesses
| Total Establishments | 1,318 |
| Restaurants | 116 |
| Healthcare | 40 |
| Retail | 155 |
| Manufacturing | 14 |
Tax
| IRS Avg AGI | $134,986 |
| Avg Property Tax | $6,416 |