Median Income
$131,736
household / year
Median Home Value
$1,182,100
owner-occupied
Median Rent
$2,342
gross / month
Cost of Living
115
national avg = 100

Is Nantucket, MA a Good Place to Live?

Nantucket is a small city of 10,479 in Massachusetts, with a median household income of $131,736 and a 6.3% unemployment rate. Its cost of living index is 115 (US average = 100), which is 15% above the national average.

Strengths: Nantucket stands out for lower-than-average crime, solid school ratings (A+), a well-educated population, short average commutes.

Trade-offs: Potential downsides include an above-average cost of living, high home prices, an elevated unemployment rate. Whether Nantucket is right for you depends on your priorities — the full breakdown is below.

All Nantucket city data on this page comes from official government sources — the US Census Bureau, FBI, NCES, BEA, and NOAA — updated annually.

Cost of Living

Index: 115.1

Nantucket's overall cost of living index is 115.1, where 100 represents the US national average. Living in Nantucket costs roughly 15% more than the average American city.

Metric Nantucket, MA National Avg
Median Home Value $1,182,100 $244,900
Median Monthly Rent $2,342 $1,163
Homeownership Rate 75.1% 65.9%
Median Household Income $131,736 $74,755

Crime & Safety

Very Safe

Nantucket's violent crime rate is 202.9 per 100,000 residents — 47% lower than the national average of ~380 per 100,000.

Violent Crime
202.9 /100k
Property Crime
912.8 /100k

Vertical marker = national average. Source: FBI UCR Program.

Schools & Education

Nantucket is served primarily by Nantucket. The student-to-teacher ratio is 10.0:1 (better than the national average of ~16:1).

Metric Nantucket, MA National Avg
School District Nantucket —
Elementary Schools 2 —
Middle Schools 1 —
High Schools 1 —
Student/Teacher Ratio 10.0:1 16:1
Bachelor's Degree or Higher 55.8% 35.4%
High School Diploma or Higher 96.5% 91.1%

Weather & Climate

Nantucket sees average highs of 39.5°F in January and 75.4°F in July, with 40.9 inches of annual precipitation and 25.3 inches of snow per year.

MetricNantucket, MA
Average High — January39.5°F
Average High — July75.4°F
Annual Precipitation40.9"
Annual Snowfall25.3"

Demographics

MetricNantucket, MANational Avg
Population10,479—
Median Age39.738.9
Unemployment Rate6.3%3.7%
Avg Commute Time13.5 min26 min
White (non-Hispanic)73.2%59.3%
Black or African American10.6%13.6%
Hispanic or Latino13.1%18.9%
Asian0.7%6.3%
Under 1822.2%22.2%
65 and over15.6%16.8%

Nearby Cities

ZIP Codes in Nantucket

Nantucket, MA is covered by 1 ZIP code:

Nantucket vs Other Cities

Frequently Asked Questions

Nantucket's cost of living index is 115, where 100 is the national average. That puts Nantucket roughly 15% above the national average in cost. The median home price is $1,182,100 and median rent is $2,342/month.
Nantucket's violent crime rate is 202.9 per 100,000 residents — the national average is ~380 per 100,000. Property crime is 912.8 per 100,000 (national avg ~2,100). Data from the FBI Uniform Crime Reporting Program.
Public schools in Nantucket are operated by Nantucket. The district has 2 elementary, 1 middle, and 1 high schools. The student-to-teacher ratio is 10.0:1. 55.8% of adults 25+ hold a bachelor's degree or higher.
Nantucket, MA has a population of 10,479, a median household income of $131,736, and an unemployment rate of 6.3%. Whether it's right for you depends on your priorities — use the compare tool above to stack it against another city you're considering.
Nantucket averages 39.5°F in January and 75.4°F in July. Annual rainfall is 40.9 inches with about 25.3 inches of snow per year. Based on NOAA 30-year climate normals (1991–2020).
Nantucket, MA is covered by 1 ZIP code: 02554.
The population of Nantucket, Massachusetts is 10,479 with a median age of 39.7. Source: US Census ACS 5-Year Estimates.
Key numbers for living in Nantucket: cost of living index 115 (100 = US average), median home $1,182,100, median household income $131,736, crime index 49 (100 = US average, lower is safer), schools rated A+. Whether these are benefits or drawbacks depends on where you're coming from — compare Nantucket side by side with your current city to see the trade-offs.