Nantucket
Nantucket is significantly wealthier than the US average, with a median household income of $148,017. The city has more than doubled in size since 2000, adding 6,187 residents. 53% of adults hold a bachelor's degree or higher, well above the national rate of 36%. Median home value has more than doubled since 2000, reaching $1,465,300. Poverty is rare here, at 3.2% of residents. It ranks in the top 5% of US cities for household income.
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How many people live in Nantucket, Massachusetts?
Nantucket, Massachusetts has about 10,017 residents according to the 2024 American Community Survey.
What is the median household income in Nantucket, Massachusetts?
The typical household in Nantucket, Massachusetts earns about $148,017 a year. Half of households make more than that, and half make less.
Is Nantucket, Massachusetts expensive?
In Nantucket, Massachusetts, the median home is worth about $1,465,300, and the typical rent is about $2,228 a month.
How educated are people in Nantucket, Massachusetts?
About 52.8% of adults age 25 and over in Nantucket, Massachusetts hold a bachelor's degree or higher.
What is the poverty rate in Nantucket, Massachusetts?
About 3.2% of people in Nantucket, Massachusetts live below the federal poverty line.
Has Nantucket, Massachusetts grown since 1990?
Yes, Nantucket, Massachusetts has grown since 1990. The population has added about 6,893 residents, a change of about 221 percent over that period.
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DATA: US CENSUS BUREAU ACS 5-YEAR + DECENNIAL CENSUS · UPDATED 2024