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 11,327 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, professionals, and construction workers and builders. There are especially a lot of people living in Nantucket who work in sales jobs (14.15%), office and administrative support (12.38%), and management occupations (10.89%).
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.
One of the nice things about Nantucket is that it is nautical, which means that parts of it are somewhat historic and touch the ocean or tidal bodies of water, such as inlets and bays. Because of this, visitors and locals will often go to these areas to take in the scenery or to enjoy waterfront activities.
One of the benefits of Nantucket is that there is very little traffic. The average commute to work is 12.68 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.
Nantucket is one of the most well-educated cities in the nation. 45.11% of adults in Nantucket have at least a bachelor's degree. Compare that to the average community in America, which has just 21.84% with a bachelor's degree or higher.
The per capita income in Nantucket in 2010 was $47,924, which is upper middle income relative to Massachusetts, and wealthy relative to the rest of the US. This equates to an annual income of $191,696 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. Important ancestries of people in Nantucket include English, Irish, German, Italian, and French.
Nantucket also has a high percentage of its population that was born in another country: 15.36%.
The most common language spoken in Nantucket is English. Other important languages spoken here include Spanish and French.