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 where white-collar or blue-collar occupations dominate the local economy, Nantucket is neither predominantly one nor the other. Instead, it has a mixed workforce 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 an extremely popular destination for tourists and seasonal residents. So much of the population is seasonal such that the town’s population swells significantly during the vacation season, and drops again when the season ends. Because of this, much of the local economy is centered around tourism; some businesses may be operated only during the high season. During the low season, year-round residents will notice that the city is a substantially 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.
Compared to the rest of the country, citizens of Nantucket spend much less time in their cars: on average, their commute to work is only 12.50 minutes. This also means that noise and pollution levels in the town are less than they would otherwise be.
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 citizens of Nantucket are among the most well-educated in the nation: 42.02% of adults in Nantucket have a bachelor's degree or even advanced degree, whereas the average US city has 21.84% holding at least a bachelor's 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.
In addition, Nantucket has a lot of people living here who were born outside of the US (17.64%).
The most common language spoken in Nantucket is English. Other important languages spoken here include Spanish and French.