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Nantucket CDP, MA

ZIP 02554 — Housing & Real Estate

Source: U.S. Census Bureau ACS 2019–2023 5-Year Estimates. Page data updated 2026-08-02.

Upper Middle ClassLow Snow Area

Home values, rent, tenure, and housing stock

Housing & Real Estate in ZIP Code 02554

Median Home Value
$1,386,100
Median Rent
$1,722
Affordability Snapshot
$382,000
Est. income to buy

Household income needed for a median home under a 20% down / 6.8% illustrative mortgage model (~$8,904/mo PITI).

16%
Rent-to-Income Ratio

Below the 30% threshold — generally affordable for median earners.

11.0x
Home Price-to-Income Ratio

Well above the 3-5x guideline — challenging for first-time buyers.

67.1 yrs
Price-to-Rent Ratio

Years to break even buying vs renting at median home value and rent.

To comfortably buy a median-priced home in ZIP 02554 in Nantucket CDP, MA, a household would need roughly $382,000 in annual income under a 20% down, 30-year loan at 6.8% (illustrative), keeping housing costs near 28% of income. Estimated monthly PITI is about $8,904. That is about 204% above the local median household income ($125,524), so the median earner would likely stretch or need a larger down payment. Rates, taxes, insurance, and HOA fees vary — treat this as a planning estimate, not a lender quote.

Housing Tenure

Vacancy rate 55% — check local market conditions.

Heating Fuel
Housing Metrics
Owner Occupied
76.0%+16% vs US avg
x
Vacancy Rate
55.2%+436% vs US avg
x
Broadband Access
95.8%+10% vs US avg
x
4+ Bedrooms
16.9%+14% vs US avg
x
Built Pre-1939
2.0%-85% vs US avg
x
Built Post-2014
1.6%-78% vs US avg
x
Rent Burden >30%
12.1%-76% vs US avg
x
Mortgage-Free
27.5%-28% vs US avg
x
$1,386,100
Home Value
$1,722
Rent
1983
Year Built
2012
Moved In

Residents have lived here since ~2012 on average

Housing Structure

Census ACS structure types (single-family, multi-unit, etc.).

  • 1-unit detached81.6%
  • 1-unit attached7.3%
  • 2-9 units9.3%
  • 10+ units1.3%
  • Mobile home & other0.4%

Housing & Real Estate key statistics

Housing statistics
Housing
Median home value$1,386,100
Median rent$1,722
Owner-occupied76.0%
Vacant55.2%
Price-to-income11.0x
Est. income to buy$382,000