Nantucket, MA Profile: Facts & Data

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Nantucket, Massachusetts - Basic Facts

The Nantucket Census Designated Place had a population of 8,231 as of July 1, 2019. Nantucket ranks in the upper quartile for Diversity Index when compared to the other cities, towns and Census Designated Places (CDPs) in Massachusetts. See peer rankings below.

The primary coordinate point for Nantucket is located at latitude 41.2835 and longitude -70.0995 in Nantucket County. The formal boundaries for the Nantucket Census Designated Place encompass a land area of 5.91 sq. miles and a water area of 0.81 sq. miles. Nantucket County is in the Eastern time zone (GMT -5). The elevation is 23 feet.

The Nantucket Census Designated Place (GNIS ID: 2378175) has a U1 Census Class Code which indicates a census designated place with an official federally recognized name. It also has a Functional Status Code of "S" which identifies a statistical entity.

The Nantucket Census Designated Place is located within Town of Nantucket, a minor civil division (MCD) of Nantucket County.

Alternate Unofficial Names for Nantucket: Mantukett, Nantucket Village, Nantuckett, Nantuckkit, Nantucquet, Nantukes, Nantukett, Sharborn, Shelburne, Sherborn, Sherbourne, Sherburn, Sherburne, Wesco, Wesko.

Jump to... (On This Page!)
  1. Nantucket 2019 Demographic Data
  2. Growth Rates for Nantucket (Historical & 5-Year Forecast)
  3. Peer Comparisons (Rank and Percentile)
  1. Neighborhoods Demographics (Home Values, Household Income, etc.)
  2. Massachusetts Research Tools (Easy Tools & Current Data)
  3. Massachusetts Data Comparison Tool - 2019 Demographics

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Nantucket, MA Data & Demographics (As of July 1, 2019)

HOUSING AFFORDABILITY INDEX

Nantucket, MA Housing Affordability Index is 47
State of Massachusetts Housing Affordability Index is 87
The Housing Affordability Index base is 100 and represents a balance point where a resident with a median household income can normally qualify to purchase a median price home. Values above 100 indicate increased affordability, while values below 100 indicate decreased affordability.

WEALTH INDEX

Nantucket, MA Wealth Index is 143
State of Massachusetts Wealth Index is 139
The Wealth Index is based on a number of indicators of affluence including average household income and average net worth, but it also includes the value of material possessions and resources. It represents the wealth of the area relative to the national level. Values above or below 100 represent above-average wealth or below-average wealth compared to the national level.

These new demographic attributes are availiable for Neighborhoods, Cities, Counties, and ZIP Codes.

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  4. See the References & Data Sources page for more information about methodology and sources of data.
  5. See the Massachusetts COVID-19 Data and US COVID-19 Data for more information on the spread of the novel coronavirus.

POPULATION

Total Population 8,231
Population in Households 8,211
Population in Families 5,629
Population in Group Qrtrs 20
Population Density 1,374
Diversity Index1 55
 

INCOME

Median Household Income $98,597
Average Household Income $125,673
Per Capita Income $50,823
Wealth Index3 143

HOUSING

Total Housing Units 7,223 (100%)
Owner Occupied HU 1,634 (22.6%)
Renter Occupied HU 1,687 (23.4%)
Vacant Housing Units 3,902 (54.0%)
Median Home Value $1,144,692
Housing Affordability Index2 47
 

HOUSEHOLDS

Total Households 3,321
Average Household Size 2.47
Family Households 1,874
Average Family Size 3
NOTES
  1. The Diversity Index is a scale of 0 to 100 that represents the likelihood that two persons, chosen at random from the same area, belong to different race or ethnic groups. If an area's entire population belongs to one race AND one ethnic group, then the area has zero diversity. An area's diversity index increases to 100 when the population is evenly divided into two or more race/ethnic groups.
  2. The Housing Affordability Index base is 100 and represents a balance point where a resident with a median household income can normally qualify to purchase a median price home. Values above 100 indicate increased affordability, while values below 100 indicate decreased affordability.
  3. The Wealth Index is based on a number of indicators of affluence including average household income and average net worth, but it also includes the value of material possessions and resources. It represents the wealth of the area relative to the national level. Values above or below 100 represent above-average wealth or below-average wealth compared to the national level.

GROWTH RATE / YEAR

2010-2019 2019-2024
Population 1.09% 1.5%
Households 0.99% 1.43%
Families 1.1% 1.4%
Median Household Income   0.87%
Per Capita Income   1.39%

Nantucket, MA - Peer Comparisons by Rank and Percentile

The table below compares Nantucket to the other 246 incorporated cities, towns and CDPs in Massachusetts by rank and percentile using July 1, 2019 data. The location Ranked # 1 has the highest value. A location that ranks higher than 75% of its peers would be in the 75th percentile of the peer group.

Variable Description Rank Percentile
Total Population # 89 64th
Population Density # 126 49th
Diversity Index # 36 86th
Median Household Income # 67 73rd
Per Capita Income # 68 73rd

Additional comparisons and rankings can be made with a VERY EASY TO USE Massachusetts Census Data Comparison Tool.

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