Zip 02584 (Nantucket, MA) Economy


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United States / Massachusetts / No Metro Area / Nantucket County / No City / Nantucket (zip 02584)
Nantucket, MA, with its 02584 zip code is an island located in the Atlantic ocean off the coast of Cape Cod, Massachusetts. The 2 bedroom rent in Nantucket comes in at a whopping $5,350 compared to the US average of $1,430. Grocery Cost Index is 123 compared to the US average of 100. Local businesses that can be found in Nantucket area include Bartlett's Farm, The Juice Bar & Cafe, Alison Shaw Photography, Siasconset Market and Nantucket Vineyard. With its unique charm and stunning scenery, Nantucket is an ideal place to live and work for those looking for a peaceful atmosphere away from the hustle and bustle of big cities.

Nantucket (zip 02584) has an unemployment rate of 14.8%. The US average is 6.0%.

Nantucket (zip 02584) has seen the job market decrease by -5.7% over the last year. Future job growth over the next ten years is predicted to be 38.5%, which is higher than the US average of 33.5%.

Tax Rates for Nantucket (zip 02584)
- The Sales Tax Rate for Nantucket (zip 02584) is 6.3%. The US average is 7.3%.
- The Income Tax Rate for Nantucket (zip 02584) is 5.1%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.

Income and Salaries for Nantucket (zip 02584)
- The average income of a Nantucket (zip 02584) resident is $59,593 a year. The US average is $37,638 a year.
- The Median household income of a Nantucket (zip 02584) resident is $0 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyNantucket, MassachusettsUnited States
    Unlock6
    Unlock-6.2%
    Unlock33.5%
    Unlock6.2%
    Unlock4.6%
    Unlock$37,638
Household Income 69021
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