Nantucket is a somewhat small coastal town (i.e. on the ocean, a bay, or inlet) located in the state of Massachusetts. With a population of 11,008 people and five constituent neighborhoods, Nantucket is the 177th largest community in Massachusetts.
Nantucket home prices are not only among the most expensive in Massachusetts, but Nantucket real estate also consistently ranks among the most expensive in America.
Unlike some towns, Nantucket isn’t mainly white- or blue-collar. Instead, the most prevalent occupations for people in Nantucket are a mix of both white- and blue-collar jobs. Overall, Nantucket is a town of sales and office workers, construction workers and builders, and service providers. There are especially a lot of people living in Nantucket who work in sales jobs (13.80%), office and administrative support (12.77%), and management occupations (10.27%).
Another notable thing is that Nantucket is a major vacation destination. Much of the town’s population is seasonal: many people own second homes and only live there part-time, during the vacation season. The effect on the local economy is that many of the businesses are dependent on tourist dollars, and may operate only during the high season. As the vacation season ends, Nantucket’s population drops significantly, such that year-round residents will notice that the city is a much quieter place to live.
Nantucket is also nautical, which means that parts of it are somewhat historic and touch the ocean or tidal bodies of water, such as inlets and bays. Such areas are often places that visitors and locals go for waterfront activities or taking in the scenery.
One of the benefits of Nantucket is that there is very little traffic. The average commute to work is 12.50 minutes, which is substantially less than the national average. Not only does this mean that the drive to work is less aggravating, but noise and pollution levels are lower as a result.
Despite being a small town, Nantucket has a lot of people using the bus to get to and from work every day. Most of these people on the bus are using it to get to good jobs in other cities.
The education level of Nantucket ranks among the highest in the nation. Of the 25-and-older adult population in Nantucket, 42.02% have at least a bachelor's degree. The typical US community has just 21.84% of its adults holding a bachelor's degree or graduate degree.
The per capita income in Nantucket in 2010 was $46,009, which is upper middle income relative to Massachusetts, and wealthy relative to the rest of the US. This equates to an annual income of $184,036 for a family of four. However, Nantucket contains both very wealthy and poor people as well.
Nantucket is a very ethnically-diverse town. The people who call Nantucket home describe themselves as belonging to a variety of racial and ethnic groups. The greatest number of Nantucket residents report their race to be White, followed by Black or African-American. Nantucket also has a sizeable Hispanic population (people of Hispanic origin can be of any race). People of Hispanic or Latino origin account for 11.86% of the town’s residents. Important ancestries of people in Nantucket include Irish, German, Italian, and Portuguese.
Foreign born people are also an important part of Nantucket's cultural character, accounting for 17.64% of the town’s population.
The most common language spoken in Nantucket is English. Other important languages spoken here include Spanish and French.