Nantucket, MA · standard

ZIP Code 02554

Nantucket County, Massachusetts — Census ACS demographics, housing tenure, and business patterns, benchmarked against every US ZIP.

9,852
94/sq mi
$140,938
Median income
$1,595,700
Median home value
56.2%
Bachelor's or higher

The verdict

Nantucket pairs a top-decile household income with top-decile home values, in a rural, homeowner-dominated area.

Top 5%
household income, US ZIPs
Top 1%
home value, US ZIPs
94
people per sq mi
71%
owner-occupied homes

Source: U.S. Census Bureau ACS 5-Year Estimates (2019–2023). Percentiles rank ZIP 02554 against every reporting US ZIP.

ZIP code 02554 is classified by USPS as a standard delivery area and covers roughly 104.5 square miles in Nantucket, Nantucket County, Massachusetts. The area is home to 9,852 residents, producing a population density of 94 people per square mile, and falls within the New York time zone. These USPS and Census boundary values drive every downstream statistic on this page, including the benchmarks that compare 02554 against Massachusetts and the nation.

On the economic side, the median household income for ZIP 02554 sits at $140,938 (22% above the Massachusetts average), while per-capita income is $77,336. The poverty rate stands at 2.6% and the unemployment rate at 4.4%. On housing, the median home value is $1,595,700 (166% above the state average) with median rent at $2,224 per month, and 71.2% of occupied units are owner-occupied, a direct signal of whether 02554 behaves more like a homeowner neighborhood or a renter-heavy ZIP.

Education and household profile round out the picture: 56.2% of adults hold a bachelor's degree or higher, the median age is 42, and the average commute is 16 minutes. We also surface 2 nearby ZIP codes within roughly 10 miles and 2 additional ZIPs sharing Nantucket County, so you can benchmark 02554 against its immediate geography rather than a national average alone. Every figure is sourced from the U.S. Census Bureau American Community Survey 5-Year Estimates, HUD Fair Market Rents, and FHFA Home Price Index data, no estimates, no proprietary scoring. Verify with HUD →

Top industries in ZIP 02554

Top 5 sectors by establishment count

Which industries have the most business establishments in ZIP 02554.

establishments

What this shows Establishment counts come from the Census ZIP Code Business Patterns program, which counts physical business locations rather than employees or revenue.

Source U.S. Census Bureau · ZIP Code Business Patterns (ZBP) As of 2023

Source: U.S. Census Bureau, American Community Survey 5-Year Estimates + ZIP Code Business Patterns + HUD FMR + FHFA HPI ACS demographics, ZBP business establishments, HUD Fair Market Rents, FHFA HPI for ZIP 02554, Nantucket, MA · 2023 Census ACS 5-Year Estimates use a rolling 60-month sample for stable small-geography estimates; ZBP updated annually; HUD FMR + FHFA HPI updated quarterly/annually.

Quick Facts

9,852

Population

104.5

Area (sq mi)

94

People / sq mi

New York

Time Zone

standard

ZIP Type

Neighborhood Scorecard
Get an A-F grade across income, safety, housing, rent, education, commute, and childcare for this ZIP code.
View Scorecard →

Who lives in ZIP 02554?

42.0

Median Age

52.1%

Male

47.9%

Female

16.0%

Foreign-Born

White 69.2%
African American 9.6%
Asian 1.8%
American Indian or Alaska Native 0.1%
Native Hawaiian or Pacific Islander 0.0%
Two or More Ethnicities 12.6%
Hispanic or Latino 17.4%

Hispanic or Latino is an ethnicity category from the Census Bureau and may overlap with other categories above.

Source: U.S. Census Bureau, ACS 5-Year Estimates (2023)

How much do residents earn?

$140,938

Median Household Income

+22% vs state

$77,336

Per Capita Income

2.6%

Poverty Rate

4.4%

Unemployment Rate

15.9 min

Mean Commute Time

How ZIP 02554 ranks nationally

Household income vs. every US ZIP code

Median household income — the full national distribution, with this ZIP marked

$140,938 Top 5% higher than 95% of 30,318 US ZIPs

$0–$20,000: 118 US ZIPs (0%). Below this entry. $20,000–$40,000: 1,573 US ZIPs (5%). Below this entry. $40,000–$60,000: 7,092 US ZIPs (23%). Below this entry. $60,000–$80,000: 9,980 US ZIPs (33%). Below this entry. $80,000–$100,000: 5,778 US ZIPs (19%). Below this entry. $100,000–$120,000: 2,855 US ZIPs (9%). Below this entry. $120,000–$140,000: 1,362 US ZIPs (4%). Below this entry. $140,000–$160,000: 686 US ZIPs (2%). This entry sits in this band. $160,000–$180,000: 364 US ZIPs (1%). Above this entry. $180,000–$200,000: 186 US ZIPs (1%). Above this entry. $200,000–$220,000: 324 US ZIPs (1%). Above this entry. This ZIP $0 $200K+ every reporting US ZIP, bucketed by value

Each bar is a $20K-wide band; taller bars hold more US ZIPs. The dashed line + filled bar mark this entry. Hover or tap any bar for its full count, share, and where it sits relative to this entry.

Source U.S. Census Bureau — ACS 5-Year Estimates · 2019–2023

Source: U.S. Census Bureau, ACS 5-Year Estimates (2023)

What is the education profile here?

High School Graduate or Higher 73.5%
Bachelor's Degree or Higher 56.2%

Source: U.S. Census Bureau, ACS 5-Year Estimates (2023)

What does housing look like?

11,063

Total Housing Units

5,127

Occupied Units

5,936

Vacant Units

2.73

Avg Household Size

Occupancy Type

Owner 71.2%
Renter 28.8%

$1,595,700

Median Home Value

+166% vs state

$2,224

Median Rent

1985

Median Year Built

Source: U.S. Census Bureau, ACS 5-Year Estimates (2023)

FHFA House Price Index, annual appreciation data based on repeat sales and appraisals

+3.9%

YoY Change (2021)

218

HPI Index (2000 = 100)

+118%

Total Change Since 2000

Home values in ZIP 02554 have increased 3.9% over the past year (2021). Since 2000, this ZIP has seen +118% cumulative appreciation.

Year Annual Change HPI Index
2017 -2.0% 186
2018 +0.5% 187
2019 +18.9% 222
2020 -5.5% 210
2021 +3.9% 218

Source: Federal Housing Finance Agency (FHFA) House Price Index, All-Transactions, Five-Digit ZIP Codes (Developmental Index). Index base = 100 in year 2000. Data through 2021. ZIP codes with few transactions may show missing values.

What businesses operate in this ZIP?

Census Bureau data shows 1,233 business establishments in ZIP 02554, employing approximately 5,370 people with a combined annual payroll of $508,167,000.

1,233

Businesses

5,370

Employees

$508.2M

Annual Payroll

16

Industry Sectors

Industry Establishments % of Total
Construction 410 33.3%
Administrative and support and waste management and remediation services 153 12.4%
Retail trade 150 12.2%
Accommodation and food services 109 8.8%
Professional, scientific, and technical services 93 7.5%
Real estate and rental and leasing 87 7.1%
Other services (except public administration) 64 5.2%
Health care and social assistance 37 3.0%
Arts, entertainment, and recreation 34 2.8%
Transportation and warehousing 21 1.7%
Finance and insurance 16 1.3%
Manufacturing 15 1.2%
Information 14 1.1%
Educational services 12 1.0%
Wholesale trade 10 0.8%
Management of companies and enterprises 3 0.2%

Source: U.S. Census Bureau, ZIP Code Business Patterns (ZBP), 2023. Employment figures may include noise for disclosure avoidance.

Nearby ZIP Codes

Want a side-by-side? Compare 02554 vs 02584 →

ZIP 02554 vs its nearest neighbors, by population

Resident population of this ZIP and the closest reporting ZIP codes within ~10 miles.

residents

What this shows Among its immediate neighbors, ZIP 02554 ranks the most populous — useful context the national average alone can't give.

Source U.S. Census Bureau · ACS 5-Year Estimates As of 2019–2023
ZIP Code City Population Distance
02584 Nantucket, MA 10 4.2 mi
02564 Siasconset, MA 310 5.1 mi

More ZIP Codes in Nantucket County

Frequently Asked Questions

What county is ZIP code 02554 in?
ZIP code 02554 (Nantucket) is located in Nantucket County, Massachusetts. Nantucket County contains multiple ZIP codes, see the full list at /counties/nantucket-ma.
What is the population of ZIP code 02554?
ZIP code 02554 in Nantucket, MA has a population of 9,852 according to the Census Bureau ACS 2023 estimates.
What is the median household income in ZIP 02554?
The median household income in ZIP 02554 is $140,938, which is 85% above the national average of $76,288.
What is the average home value in ZIP 02554?
The median home value in ZIP 02554 is $1,595,700, which is 474% above the national average of $278,155.
What is the demographic makeup of ZIP 02554?
The largest racial group in ZIP 02554 is White at 69.2%. Hispanic or Latino residents make up 17.4% of the population.
How many businesses are in ZIP code 02554?
ZIP code 02554 has 1,233 business establishments employing approximately 5,370 people, according to Census Bureau ZIP Code Business Patterns (ZBP) 2023 data.
What are the main industries in ZIP code 02554?
The top industries by establishment count in ZIP 02554 are: Construction (410), Administrative and support and waste management and remediation services (153), Retail trade (150). There are 16 industry sectors represented in total.
How have home values changed in ZIP code 02554?
According to the FHFA House Price Index, home values in ZIP 02554 increased by 3.9% in 2021. Since 2000, home values in this ZIP have appreciated by approximately 118%. This is a developmental index based on repeat sales and appraisal data from Fannie Mae and Freddie Mac.
What is the education level in ZIP code 02554?
In ZIP code 02554, 73.5% of residents aged 25+ have a high school diploma or higher, and 56.2% hold a bachelor's degree or higher. These figures come from the Census Bureau ACS 5-Year Estimates (2023).
What is the average commute time in ZIP 02554?
The mean commute time for workers in ZIP code 02554 is 15.9 minutes according to Census ACS data. The national average is roughly 26 minutes, so commuters here spend less time traveling to work than typical.
What percentage of residents own vs. rent in ZIP 02554?
In ZIP code 02554, approximately 71.2% of occupied housing units are owner-occupied and 28.8% are renter-occupied, based on Census ACS 2023 data.
What is the poverty rate in ZIP code 02554?
The poverty rate in ZIP code 02554 is 2.6% according to Census Bureau ACS 2023 estimates. This measures the percentage of the population living below the federal poverty threshold.

ZIP Code Research Guides

Official Data Resources for Nantucket, MA

Verify and explore additional data for this area using these official government sources.