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Nantucket County Housing Market

Massachusetts · 14 counties · Ranked #3136 in home value

Above National Avg

Housing at a Glance

Median Home Value

$1,387,000

vs national+$1,387,000 vs $281,900 national

Median Gross Rent

$2,070/mo

vs national+$2,070 vs $1,163 national

Effective Tax Rate

0.22%

vs national0.22% vs 1.02% national

Median Household Income

$119,750

vs national+$119,750 vs $74,755 national

Affordability Ratio

11.6x

Home value ÷ income. <3 = affordable, >5 = expensive.

Rent Burden

28.0%

% of income spent on rent. >30% = burdened.

More Housing Data

Property Tax (Median)

$2,985

Tax as % of Home Value

0.22%

Monthly Owner Cost

$3,203

Renter Income

$87,264

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Frequently Asked Questions

What is the median home value in Nantucket County?

The median home value in Nantucket County is $1,387,000. This is above the national median of $281,900.

How much is rent in Nantucket County?

The median gross rent in Nantucket County is $2,070 per month.

What is the property tax rate in Nantucket County?

The effective property tax rate in Nantucket County is 0.22%. The median annual property tax bill is $2,985.

Is Nantucket County affordable?

With a home-value-to-income ratio of 11.6x, Nantucket County is considered expensive compared to the recommended 3-4x guideline.

Data: U.S. Census Bureau, American Community Survey (ACS) 5-Year Estimates (2019-2023) — Informational only. Not financial or legal advice.