Official Federal Data
Nantucket County, Massachusetts
FIPS 25019 · Nantucket, MA · Population 14,483
9 Sources
Updated June 22, 2026
$139,688 ▲
Median Income
$80,734 national
7.2% ▲
Unemployment
4% national
$2.1B ▲
GDP
56.3% ▲
Bachelor's+
35.7% national
Small population: 14,483 residents. These figures come from the U.S. Census Bureau’s American Community Survey 5-year estimates, which carry a wide margin of error for places under 20,000 people. Read each value as an approximate range, and treat year-over-year changes as indicative rather than exact. A small shift can reflect survey sampling, not a real change on the ground.
Demographics & Population
Census Bureau American Community Survey 2020-2024 · 5-Year Estimates
Household Income
Source: U.S. Census Bureau · American Community Survey 2020-2024 5-Year Estimates
Median Household
$139,688 ▲
Per Capita
$77,014 ▲
Mean Household
$205,560 ▲
Poverty Rate
3.2% ▼approx.
Median Income Comparison
Nantucket County$139,688
Massachusetts$103,960
National$80,734
Population Profile
Source: Census Bureau ACS 2020-2024 · Tables B01001, B02001, B03003
Cohorts
Under 18 · 20.5%
18-34 · 17.2%
35-54 · 32.8%
55-64 · 13.3%
65+ · 16.1%
Race & Ethnicity
Hispanic or Latino is an ethnic category and overlaps with the race categories above.
Educational Attainment
Source: Census Bureau ACS 2020-2024 · Table B15003 · Population 25+
93.2%
High School+
National: 89.6%
▲ +3.6 pts
56.3%
Bachelor's+
National: 35.7%
▲ +20.6 pts
21.9%
Graduate+
National: 14.1%
▲ +7.8 pts
Employment Overview
Source: U.S. Census Bureau · American Community Survey 2020-2024 5-Year Estimates
14,483
Population
8,587
Labor Force
Employed
8,204
Unemployment Rate BLS LAUS 2025 annual
7.2% ▲ +0.9 pts YoY
Mean Commute 10 min below national avg
16.0 min
Work From Home vs 15.1% national
13%
Key Takeaways
- Income premium: Households earn well above the national median, supporting strong retail and housing markets.
- Talent advantage: Bachelor's-or-higher attainment exceeds the national average by 20.6 pts, supports knowledge-economy and tech attraction.
- Aging population: Median age of 42 is materially above the U.S. norm; succession planning and senior-services demand are real factors.
Economy & Industry
Bureau of Labor Statistics QCEW · Bureau of Economic Analysis
Key Takeaways
- Largest sector: Retail Trade employs 1,023 workers (53.3% of tracked sectors), at an average wage of $68,016.
- Economic scale: Regional GDP of $2.1B (2024).
Source: BLS QCEW + BEA Regional GDP.
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Industry Concentration
Location Quotient measures regional specialization vs. national average. LQ > 1.0 = concentrated.
Cluster Depth
Source: BLS QCEW · Sub-sectors with LQ ≥ 1.5 indicate genuine cluster concentration
Dominant Cluster
Administrative & Support & Waste Management Cluster
Coherent grouping of concentrated sub-sectors, signals supply-chain fit for site selectors
871
Cluster Employment
1.84x
Peak LQ
Concentrated Sub-Sectors
Scenic and Sightseeing Transportation
10.71x 18
Clothing, Clothing Accessories, Shoe, and Jewelry Retailers
3.20x 203
Specialty Trade Contractors
2.51x 726
Building Material and Garden Supply Retailers
2.48x 189
Administrative and Support Services
1.84x 871
Sporting Goods, Hobby, Musical Instrument, Book, and Misc. Retailers
1.62x 133
Food and Beverage Retailers
1.50x 271
Attraction Opportunities
LQ < 0.5 with ≥ 50 employed, realistic diversification targets. Source: BLS QCEW
0.35x
Credit Intermediation and Related Activities
50 employed
0.36x
Ambulatory Health Care Services
179 employed
Key Takeaways
- Top specialization: Scenic and Sightseeing Transportation concentrates at 10.71x the national norm, top-decile concentration, the kind of signature sector that defines a region's economic identity to site selectors.
- Cluster depth: 7 sub-sectors register LQ ≥ 1.5, suggesting an interconnected industrial base rather than reliance on a single employer or sector.
- Attraction whitespace: 4 sub-sectors register LQ < 0.5, candidates for diversification or recruitment depending on labor-market fit.
Source: BLS QCEW sub-sector Location Quotients.
Housing & Affordability
Census ACS · HUD Fair Market Rents FY2026
Housing Overview
Source: Census Bureau ACS 2020-2024 5-Year Estimates · Tables B25001, B25077, B25064
$1,593,800 ▲
Median Home Value vs 2019
$2,213 ▲
Rent/Mo
71.8% ▲
Owner-Occ
58.3% ▼
Vacancy
11.4x
Home Value to Income Ratio - Stretched
vs. ~4.1x national average
HUD Fair Market Rents (County Average)
Renter-household-weighted average across 1 town FMR areas · Source: HUD · Fair Market Rents FY2026
Studio
$2,409/mo$2,409 to $2,409
1 Bedroom
$2,425/mo$2,425 to $2,425
2 Bedroom
$3,138/mo$3,138 to $3,138
3 Bedroom
$4,143/mo$4,143 to $4,143
4 Bedroom
$5,260/mo$5,260 to $5,260
30% of monthly median household income (~$3,492/mo) · rents above this line are typically considered cost-burdened.
Key Takeaways
- Stretched market: Home value to income ratio of 11.4x is well above the ~4.1x national average; attainable workforce housing may be a recruitment friction.
- High home ownership: 71.8% owner-occupied; rental supply may be tight for incoming workers.
- Elevated vacancy: 58.3% vacancy rate. In resort, rural, and seasonal markets much of this is recreational/seasonal (second homes), not available supply; confirm the vacancy-by-reason split before treating it as a redevelopment opportunity.
- Affordable rent tiers: 3 of 5 HUD Fair Market Rent bedroom tiers sit below the 30%-of-median-income affordability threshold (~$3,492/mo).
Source: Census ACS housing tables + HUD Fair Market Rents.
Workforce Pipeline
Labor force readiness, commuting, and workforce composition
Labor Market Overview
Source: Census ACS 2020-2024 · Tables B01001, B23025, B08303, B08301
9,181 ▲
Working Age (18-64) vs 2019
Mean Commute 10 min below national avg
16.0 min
Work From Home vs 15.1% national
13%
Prime-Age Employed (25-54)
86%
of prime-age population
▼ vs 2019
Education & Talent Pipeline
Source: Census ACS 2020-2024 · Table B15003 · College Scorecard
Bachelor's+
56.3% ▲
HS Diploma+
93.2% ▼
Regional / Statewide Institutions
Total credentials awarded
45,350/yr
12,366/yr
9,752/yr
9,235/yr
5,123/yr
4,894/yr
3,980/yr
Aging Workforce
Source: Census Bureau ACS · Derived from age & employment tables
21%
55-64 of working-age population (18-64)
Elevated retirement risk, above the 20% threshold. Succession planning recommended.
Workforce by Occupation
Source: Census ACS 2020-2024 · Table C24010 · Civilian employed population 16+
Management / Professional
44%
Service
20.2%
Sales & Office
13.3%
Construction / Maint.
15.5%
Production / Transport
6.9%
Bars scaled 2× for visual differentiation; percentage labels show actual share of 8,204 employed workers.
Key Takeaways
- Short commutes: 16.0-minute mean commute is a quality-of-life and labor-access advantage worth surfacing for site selectors.
- Talent pipeline: 6 regional institutions feed the workforce; the top three combined produce 31,353 annual credentials.
Source: ACS workforce data and College Scorecard.
AI Insights
AI-assisted analysis, drawn from 9 federal data sources
Sample AI Insight
Nantucket County shows strong potential for scenic and sightseeing transportation attraction, with a 10.71x concentration and 18 jobs in this sub-sector. It ranks in the top decile nationally.
The interconnected base across scenic and sightseeing transportation, clothing, clothing accessories, shoe, and jewelry retailers, and specialty trade contractors creates supply-chain attraction leverage rather than single-employer risk, a structural advantage for industrial recruitment.
Industry Shift Analysis
Manufacturing Automation Risk
High
Healthcare Growth Forecast
+4.2% CAGR
Remote Work Migration
67/100
Prospect Match Scores
Advanced Manufacturing
92/100
Life Sciences
84/100
Data Centers
71/100
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Data Sources
Updated from official federal government data.
Census ACS 5-Year2024
BLS QCEW2025 annual
BLS LAUS (via FRED)2025 annual
BEA Regional GDP2024
Census CBP2023
HUD Fair Market RentsFY2026
FCC Broadband Map2024
USAspending.govFY2026
College ScorecardAY 2022-23
Frequently Asked Questions
Key economic and demographic figures for Nantucket County, Massachusetts, from federal data sources.
What is the population of Nantucket County, Massachusetts?
14,483 (U.S. Census Bureau, ACS 5-Year Estimates).
What is the median household income in Nantucket County, Massachusetts?
$139,688 (U.S. Census Bureau, ACS 5-Year Estimates).
What is the unemployment rate in Nantucket County, Massachusetts?
7.2% (2025 annual average, U.S. Bureau of Labor Statistics, LAUS).
What is the GDP of Nantucket County, Massachusetts?
$2.1B (U.S. Bureau of Economic Analysis, CAGDP1).
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