Nantucket, Massachusetts 

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United States / Massachusetts / No Metro Area / Nantucket County / Nantucket / Zip Codes

Economy in Nantucket, Massachusetts

Nantucket has an unemployment rate of 2.5%. The US average is 5.2%.

Nantucket has seen the job market increase by 0.9% over the last year. Future job growth over the next ten years is predicted to be 39.3%, which is higher than the US average of 38.0%.

Tax Rates for Nantucket
- The Sales Tax Rate for Nantucket is 6.3%. The US average is 6.0%.
- The Income Tax Rate for Nantucket is 5.1%. The US average is 4.6%.

Income and Salaries for Nantucket
- The average income of a Nantucket resident is $47,548 a year. The US average is $28,555 a year.
- The Median household income of a Nantucket resident is $86,529 a year. The US average is $53,482 a year.

INCOME BY POPULATION PERCENT

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  ECONOMYNantucket, MassachusettsUnited States
  Unemployment Rate2.5%5.2%
  Recent Job Growth0.9%1.6%
  Future Job Growth39.3%38.0%
  Sales Taxes6.3%6.0%
  Income Taxes5.1%4.6%
  Income per Cap.$47,548$28,555
  Household Income$86,529$53,482
  Family Median Income$96,481$65,443
  POPULATION BY OCCUPATION
  Agriculture, forestry, fishing, hunting2.1%1.3%
  Mining, quarrying, oil and gas extraction0.2%0.6%
  Construction17.4%6.2%
  Manufacturing3.4%10.4%
  Wholesale trade1.7%2.7%
  Retail trade14.0%11.6%
  Transportation and warehousing4.1%4.1%
  Utilities00
  Information2.3%2.1%
  Finance and insurance1.7%4.7%
  Real estate, rental, leasing5.5%1.9%
  Professional, scientific, technical services4.5%6.7%
  Management of companies0.0%0.1%
  Administrative, support, waste mgt svcs6.1%4.3%
  Educational services6.9%9.3%
  Health care and social assistance9.5%13.8%
  Arts, entertainment, recreation5.0%2.2%
  Accommodation, food services5.7%7.4%
  Other services5.0%4.9%
  Public administration4.3%4.8%
ECONOMY MAP
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    ZIP CODES IN NANTUCKET, MASSACHUSETTS
    02554 02564 02584
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