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: 115.1Nantucket'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 SafeNantucket's violent crime rate is 202.9 per 100,000 residents — 47% lower than the national average of ~380 per 100,000.
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.
| Metric | Nantucket, MA |
|---|---|
| Average High — January | 39.5°F |
| Average High — July | 75.4°F |
| Annual Precipitation | 40.9" |
| Annual Snowfall | 25.3" |
Demographics
| Metric | Nantucket, MA | National Avg |
|---|---|---|
| Population | 10,479 | — |
| Median Age | 39.7 | 38.9 |
| Unemployment Rate | 6.3% | 3.7% |
| Avg Commute Time | 13.5 min | 26 min |
| White (non-Hispanic) | 73.2% | 59.3% |
| Black or African American | 10.6% | 13.6% |
| Hispanic or Latino | 13.1% | 18.9% |
| Asian | 0.7% | 6.3% |
| Under 18 | 22.2% | 22.2% |
| 65 and over | 15.6% | 16.8% |
Nearby Cities
ZIP Codes in Nantucket
Nantucket, MA is covered by 1 ZIP code: