Interested in purchasing investment houses in the 02554 zip code in Nantucket, MA?
The zip code 02554 is in Nantucket county with a latitude of -70.079800000000 and longitude of 41.285380000000, is in the state of Massachusetts. The average asking price of houses and condos is $1,929,021.00 and the average sale price was $1,638,041.00. this regions is classified as the Boston metro area and consists of the following area codes: 508 and 774. The location in degrees is 41° 17' 7.368" N, 70° 4' 47.28" W. The county F.I.P.S. is 25019. This zip code contains two cities including Nantucket, MA (12.21%), and Madaket, MA (4.24%) The total land area is 39.1 square miles and the water area is 16.8 square miles. The elevation in this area is 3 - 33 feet. The zip code is on eastern standard time and observes daylight savings time.
The zip 02554 is in county number 023 and is L. Sector 27, L. Segment 95, H. Sector 95, and H. Segment 95. The population was 11,054 in 2019 and 9,852 in 2010. Of this, the break down in 2019 was 8,767 urban and 2,286 rural. This further breaks down to 5,629 males (50.9%) and 5,424 females (49.1%). The median age of residents is 40.5 years. The population density (people per square mile) is 283. This zip code has a combined total of 11,164 houses and condos. There are 1,109 rented appartments. 30% of residents rent versus the 30% of residents in the state who rent.
The financial status of those living in this area is considered middle class. The average individual gross adjusted income is $82,863 and the average salary is $52,236. The median household income of individuals is $78,253.00 and the average is $101,780.00. This zip code has a mean commute time to work of 12.2 minutes. The unemployment rate is 2.4%. Income earners by percent breakdown as 28.50% (Under $50,000), 33.10% ($50,000-$100,000), and 38.40% earn over $100,000. 7.7% of residents live below poverty line versus the 9.4% in the state that are below this line. The cost of living index is 135.4. The educational breakdown is 96.9% have a high school education or higher, 54.0% have a bachelor's degree or higher, and 21.9% have some kind of profesional degree.
This area has 4,074 households and the average size is 2.9 people. Individuals who are single and have never been married are 36.1%, 46.7% are now married, 1.8% are separated, 3.8% are widowed, and 11.7% are divorced. The average yearly contribution amount given by people to charity was $5,641 versus the state average of $4,208. The percent of residents who gave to charity was 27.6%.
The estimated median value of houses and condos is $1,185,250. The median monthly owner costs of mortgage holders was $3,336, where as the costs for those who don't have a mortgage are $869. The median number of rooms in houses and condos are 6.4 versus apartments which had a median number of 4.2.
The real estate tax percent rate is 0.3% which equated to an average real estate tax amount payment of $3,309. In comparision, the average real estate tax percent rate in the state is 1.2% which equated to an average real estate tax amount payment in the state of $4,899. The median housing property tax percent for residents with mortgages was 0.3% which amounted to an average tax amount of $3,197. Conversely, the median housing property tax percent for residents who don't have mortgages was 0.2% which amounted to an average tax amount of $3,604. Reported taxable interest for persons was $3,419, dividends $22,622, capital gains +$52,051, and itemized deductions $33,622. The average earned income tax credit is $1,584. The percent of individuals that use a tax preparer is 64.7%. The total average income taxes paid by individuals was $11,391. Businesses reported an average profit of $34,303.
The Pearl
12 Federal St, Nantucket, MA 02554
Brant Point Grill
50 Easton St, Nantucket, MA 02554
Slip 14
14 Old South Wharf, Nantucket, MA 02554
Straight Wharf Restaurant
6 Harbor Sq, Nantucket, MA 02554
The Summer House - Beachside Bistro
16 Ocean Ave, Nantucket, MA 02554
East Coast Seafood
167 Hummock Pond Rd, Nantucket, MA 02554
Fusaro's
17 Old South Rd, Nantucket, MA 02554
Ventuno
21 Federal St, Nantucket, MA 02554
Town
4 E Chestnut St, Nantucket, MA 02554
Le Languedoc
24 Broad St, Nantucket, MA 02554
American Seasons
80 Center St, Nantucket, MA 02554
Black-Eyed Susan's
10 India St, Nantucket, MA 02554
Company of the Cauldron
5 India St, Nantucket, MA 02554
The Sea Grille
45 Sparks Ave, Nantucket, MA 02554
Boarding House
12 Federal St, Nantucket, MA 02554
Oran Mor
2 S Beach St, Nantucket, MA 02554
Topper's
120 Wauwinet Rd, Nantucket, MA 02554
A K Diamond Restaurant
16 Macys Ln, Nantucket, MA 02554
Queequeg's
6 Oak St, Nantucket, MA 02554
Centre Street Bistro
29 Center St, Nantucket, MA 02554
Sconset Cafe
8 Main St Post Office Square, Siasconset, MA 02564 (4 miles away)
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