Places/MA/Nantucket, MA
County profile

Nantucket, MA

United States · GDP 2024
#1231 of 3,127 US counties by GDPtop-quartile growthmore diversified than 71% of counties
EA Place Score
methodology in progress
GDP 2024 (USD)
$2.1B
BEA · 2024
GDP growth (YoY)
+7.1%
BEA · 2024
Jobs tracked
5,626
Census CBP · 2023
Employers
1,317
Census CBP · 2023
Avg. wage
$76.1k
BLS QCEW · 2023
Population
14,758
Census PEP · 2025
Labor, income & education
Unemployment
3.3%
Median HH income
$139.7k±$16.8k
Bachelor's degree+
56.3%±7.1%
Poverty rate
3.2%±1.5%
Business applications
392 · 2025
Retail establishments
156
106.0/10k pop

Public companies headquartered here

SEC EDGAR · FMP
CompanySectorRevenueEA

No public companies loaded for this state yet — universe expands with the full ingest.

HQ-based placement with total (global) headcount — local employment attribution needs firmographic data; the industry mix at right is measured county data (CBP).

Industry mix · employment
Construction28%
Retail trade21%
Admin & support16%
Food & accommodation14%
Health care13%
Arts & recreation7%
share of top-6 sector employment · CBP 2023
Population & migration
Census PEP · 20202025
14,758
residents · 2025 · +3.6% since 2020
Income per capita $129.3k · BEA 2024
COMPONENTS OF CHANGE · 20212025
Domestic migration263
International migration+425
Natural change+356

GDP trend

20192024 · nominal
$1.4B
2019
$1.4B
2020
$1.6B
2021
$1.8B
2022
$2.0B
2023
$2.1B
2024

Real estate & risk

FHFA · ACS · FEMA
Median home value
$1.6M±$149.0k
Median gross rent
$2.2k/mo±$628/mo
Vacancy rate
58.3%±2.9%
Affordability
20.9× wages
Residential permits
$235.5M
250 units · 16.9/1k pop
FEMA risk score
38.7
HUD Fair Market Rent (2BR):no HUD FMR published for this area
TOP PERILS · FEMA NRI
Hurricane 91Coastal flooding 70Earthquake 22
FHFA HOUSE PRICE INDEX · 20122021
363
2012
368
2013
387
2014
448
2015
488
2016
479
2017
481
2018
571
2019
539
2020
563
2021
RESIDENTIAL PERMITS · 20212025
-9% since 2021
275
2021
239
2022
232
2023
262
2024
250
2025

Transport access

BTS · FAA · USACE
Nearest interstate
76.5 km
I-195
Nearest freight rail
45.1 km
MC
Nearest port
2.2 km
NANTUCKET BOAT BASIN
Nearest commercial airport
3.4 km
NANTUCKET MEML
Wage trend
BLS QCEW · 20192023
$76.1k
avg. annual pay · +28% since 2019
Nearby & same-state counties
by GDP rank
Berkshire$9.2BFranklin$3.7BDukes$2.1B
The read

What is the GDP of Nantucket?

Nantucket's economy produced $2.1B in 2024, growing 7.1% year over yearfaster than most US counties. Its largest employment sector is construction.

GDP: BEA (2024), USD-normalized · Jobs/employers/wages & industry mix: Census CBP (2023) · Population & migration: Census PEP · Income: BEA CAINC1 · Companies: SEC EDGAR + FMP, by HQ.