Nantucket, Massachusetts Demographics & Population 2026
During the 2020–2024 ACS period, Nantucket, Massachusetts had a total population of 10,017, the 89th largest community in Massachusetts, with a median household income of $148,017, which is 42% higher than the state average. The poverty rate is 3.2%.
Data vintage: U.S. Census Bureau ACS 2020–2024 5-Year Estimates · refreshed July 2026 · Methodology & source notes
Key Takeaways
- Household income is 42% above the state average — one of the wealthiest communities in Massachusetts.
- An exceptionally low poverty rate of 3.2% — among the lowest in Massachusetts.
- Housing affordability is a challenge — homes cost 9.9x the median household income.
Nantucket Quick Facts
How Nantucket Changed
Change from the 2019–2023 ACS period to 2020–2024. These are rolling five-year estimates, not year-over-year measurements.
| Metric | 2019–2023 | 2020–2024 | Change |
|---|---|---|---|
| Population | 10,837 | 10,017 | -7.6% |
| Median household income | $109,988 | $148,017 | +34.6% |
| Median home value | $1,359,200 | $1,465,300 | +7.8% |
How Nantucket Compares
Median Household Income
Median Home Value
Economy & Housing
Household Income Distribution
Detailed income brackets
Employment
Housing Overview
People & Demographics
Age Distribution
Race & Ethnicity
Diversity Index
Moderate diversity with one or two groups making up the majority.
State average: 53 | National average: 61
Education
Educational Attainment (Adults 25+)
Nantucket Rankings in Massachusetts
Explore Massachusetts Rankings
Other Cities in Nantucket County
| City | Population | Median Income | Poverty | Home Value |
|---|---|---|---|---|
| Madaket | 377 | $112,500 | 0.0% | $1,637,500 |
| Siasconset | 204 | N/A | 37.4% | $1,652,200 |
Cities Similar to Nantucket
These cities in the same state have comparable population and economic profiles.
| City | Population | Median Income | Home Value | Bachelor's+ | Poverty |
|---|---|---|---|---|---|
| Hull | 10,138 | $115,485 | $646,000 | 50.4% | 5.8% |
| Andover | 9,451 | $126,563 | $726,100 | 68.1% | 6.2% |
| Maynard | 10,712 | $124,067 | $527,400 | 64.2% | 8.3% |
| Holbrook | 11,380 | $115,210 | $465,400 | 34.6% | 7.7% |
| Lynnfield | 13,064 | $175,265 | $917,600 | 62.7% | 6.0% |
Population Overview
Nantucket is a small city located in Massachusetts, within Nantucket County. The total population is 10,017. It ranks as the 89th most populous out of 248 Census-designated places in Massachusetts.
Age Demographics
The median age in Nantucket is 42.2 years. This is 6% higher than the state median of 40.0 years.
Economy, Income & Housing
The median household income in Nantucket is $148,017. This is 42% higher than the state median of $103,960. It is also 83% higher than the national median of $80,734. The poverty rate stands at 3.2%. This is 68% lower than the state poverty rate of 10.0%. This exceptionally low poverty rate indicates strong economic prosperity across the community. The unemployment rate is 6.1%. This is 19% higher than the state rate of 5.1%. The median home value is $1,465,300. Housing costs are 161% higher than the state median of $562,100. The home-value-to-income ratio of 9.9x suggests that housing affordability is a significant concern for many residents. 80.8% of occupied housing units are owner-occupied. This homeownership rate is 29% higher than the state average of 62.5%.
Race & Ethnicity
The largest racial or ethnic group in Nantucket is White (non-Hispanic), making up 71.0% of the population. Hispanic or Latino residents account for 16.9%. The Asian population (0.6%) is well below the state average of 7.2%.
Education
52.8% of residents aged 25 and older hold a bachelor's degree or higher. This is 12% higher than the state rate of 47.3%. Nationally, 35.7% of adults hold at least a bachelor's degree. The high school graduation rate (or equivalent) is 91.8%. Notably, 18.4% of adults hold a graduate or professional degree, indicating a highly educated workforce.
Data Sources & Methodology
All demographic data for Nantucket, Massachusetts is sourced from the U.S. Census Bureau's American Community Survey (ACS) 2020–2024 5-Year Estimates. The ACS collects data from approximately 3.5 million households annually and pools five years of responses so that even small communities can be measured, though the margin of error widens as the population falls. Comparisons are made against Massachusetts state averages and national averages calculated from the same dataset. Rankings reflect the city's position among all 248 Census-designated places in Massachusetts. Read more about how these figures are produced on our methodology page, or visit data.census.gov for official data.
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Frequently Asked Questions
What is the population of Nantucket, Massachusetts?
Nantucket, Massachusetts has a population of 10,017 according to the most recent U.S. Census ACS 5-Year Estimates.
What is the median household income in Nantucket, MA?
The median household income in Nantucket is $148,017, which is 83% higher than the national median of $80,734.
What is the poverty rate in Nantucket, MA?
The poverty rate in Nantucket is 3.2%. This means approximately 316 residents live below the federal poverty line.
What is the racial makeup of Nantucket, Massachusetts?
Nantucket's population is 71.0% White, 6.7% Black, 16.9% Hispanic/Latino, and 0.6% Asian.
What is the median home value in Nantucket, MA?
The median home value in Nantucket is $1,465,300. The home-value-to-income ratio is 9.9x.
How educated is Nantucket, Massachusetts?
52.8% of adults (25+) in Nantucket hold a bachelor's degree or higher, and 18.4% hold a graduate or professional degree.