02554 Zip Code

Below you will find a comprehensive overview of the statistics and characteristics of the 02554 zip code. These include population demographics, economic characteristics, education data, occupation information, housing characteristics, and more.

Key Information:
StateMassachusetts
CityNantucket
Time ZoneAmerica/New_York
Geo Location41.28538, -70.07982
Population13585
Size104.541 square miles
Median Family Income$121538.00
Median Home Value$1069100.00

Population & Demographics

The following information lists the population statistics and breakdown for the 02554 zip code. The total population is 13585, of which, 7488 are male and 6097 are female. With a total area of 104.541 square miles, the population density is 104.6 people per square mile. The median age of the population is 41.8 years old. Below you’ll find additional information on the population and demographics of this zip code, including age distribution, race distribution, language spoken, and more.

YearPopulation
20119914
20129847
20139843
201410154
201510287
201610434
201710590
201810842
201910935
202011023
202113585

Age BracketNumber of PeoplePercentage of Population
Under 5 years old 6324.7%
Age 5-95734.2%
Age 10-147645.6%
Age 15-198716.4%
Age 20-246584.8
Age 25-299386.9%
Age 30-3410447.7%
Age 35-3910948.1%
Age 40-44667 4.9%
Age 45-498376.2%
Age 50-54139710.3%
Age 55-599807.2%
Age 60-6410017.4%
Age 65-696735%
Age 70-746805%
Age 75-792882.1%
Age 80-842251.7%
Age 85 and over2631.9%


Languages Spoken (of those 5 years of age and older) :
  • Speaks Language other than English: 19 %
  • Speaks Spanish: 10.2 %
  • Speaks Other Indo-European Language: 5.3 %
  • Speaks Pacific Island Languages: 1.8 %
  • Speak Other Languages: 1.8 %
Marital Status: 
  • Currently Married: 49.2 %
  • Divorced: 10.1 %
  • Separated (not divorced): 0.7 %
  • Never Married: 36.2 %

Income & Economic Characteristics

The median inflation-adjusted family income in the 02554 zip code is $121538. This is 77.35% greater than the national average. This income places 5.8% of the population below the poverty line. The average retirement income for individuals in this zip code (for those that have it) is $33997. Below you can find additional economic characteristics, including income bracket distribution, median income over time, retirement statistics, and more.

Annual Income Bracket ($)Number of Families in Bracket
Less than $10,000.0017
$10,000.00 – $14,999.000
$15,000.00 – $24,999.0051
$25,000.00 – $34,999.0096
$35,000.00 – $49,999.00323
$50,000.00 – $74,999.00390
$75,000.00 – $99,999.00195
$100,000.00 – $149,999.00699
$150,000.00 – $199,999,00331
$200,000.00 +682

YearMedian Family Income ($ USD)
201190017
201292721
201395250
201496343
2015108852
2016110060
2017112250
2018120000
2019122987
2020116284
2021121538

Income Source# of Households
Wage or Salary2939
Self Employment1042
Social Security1498
Dividends, Interest, or Rental1555
Retirement1163
Other342

Total Insured & Uninsured Individuals: 
  • Families Insure: 12737
  • Families Uninsured: 816
Total Individuals with and w/o retirement income:   
  • Yes retirement income: 1163
  • No retirement income: 2810

Education

In the 02554 zip code, 96.2% of individuals over 25 years old have a high school degree or higher, and 50.5% have a bachelors degree or higher. Additionally, 21.6% of individuals 3 years and older are in private school, and 78.4% are in public school. The data below outline the education level breakdown, degree field breakdown, and more.




Occupation and Work Characteristics

In the 02554 zip, there are an estimated 7708 people in the labor force, of which, 7092 are employed, and 616 are unemployed. There are a total of 0 people in the armed forces. The average commute time for this zip code is 13.7 minutes. Of the total people that work, 496 worked from home and 6993 commuted. The average number of hours worked is 40.2. Below you’ll find additional information on occupation distribution, industry breakdown, commuting characteristics and workplace statistics.

Occupation# of Individual
Management, Business, Science, and Arts2910
Services1288
Sales and Office882
Construction and Maintenance:1317
Transportation and Material Moving695





Housing

The median home value for the 02554 zip code is 1069100. There is an estimated  3973 number of occupied housing units, the median gross rent in is $1822 per month, and the average monthly housing costs are estimated to be $2188. Below you’ll find additional breakdowns of home values, rents, home build years, and more.

Home Value (USD)Number of Homes
Less than $50,00040
$50,000 – $99,0000
$100,000 – $149,99958
$150,000 – $199,99960
$200,000 – $299,99956
$300,000 – $499,999127
$500,000 – $999,999946
$1,000,000+1527

Home Year BuiltNumber of Homes
2020 or Later0
2010 – 2019226
2000 – 2009607
1980 – 19991627
1960 – 1979853
1940 – 1959156
1939 or earlier504

The median number of rooms in all housing units is 6.1 rooms.
Monthly Rent ($ USD)Number of Units
Less than $50050
$500 – $99969
$1,000 – $1,499107
$1,500 – $1,999463
$2,000 – $2,499107
$2,499 – $2,99991
$3,000 + 161

Monthly Housing Costs ($)Number of Households
Less than 30057
300-499148
500-799265
800-999231
1000-1499390
1500-1999693
2000-2499392
2500-2999401
3000+1285

Monthly Housing Cost as a % of Monthly IncomeNumber of Households
Less than 20%447
20%-24.9%161
25%-29.9%212
30%-34.9%283
35+%698



# of VehiclesHouseholds
None283
11024
21627
3+1039
Home Heating Characteristics: 
  • Utility Gas: 7 %
  • Bottle Tank or LP Gas: 35.6 %
  • Electricity: 23.2 %
  • Oil or Kerosene etc: 32.1 %
  • Coal or Coke: 0 %
  • All Other: 1.7 %

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All information sourced from official government sources including Census.gov, the IRS, and the Department of Education.