Nahant, MA
Maps & Population Facts
Population
3,488
Population Density
3,335
Labor Participaton
66.9%
Bachelor's or Higher
52.9%
Median Household Income
$81,384
Median Individual Income
$57,586
Median Individual Income(Full-time Workers Only)
$71,667
Housing Estimates
Median House Value
$548,900
Median Gross Rent
$1,312
Median Mortgage Payment
$2,590
Housing Units
1,731
People who reside in Nahant live in:
Detached - Single Family Homes
70%
Apt, Condo, Other
30%
Analysis
Income
Households in Nahant earn significantly more money than the national median income, averaging 35% higher per household.
Housing
Nahant has a median house price of $548,900, which makes it one of the most expensive places in the United States to own property. The cost of renting in Nahant is 30% more than the national average.
Percent | |
---|---|
Renter Occupied Households | 38% |
New Construction (Built after 2000) | 2% |
Demographics
The median age in Nahant is 52. Nahant has a population that is significantly older than in comparison to the US median age.
Nahant ranks in the highest of the nation for having an educated population with more college graduates per resident than most areas.
Housing Data
Housing Comparison
Nahant | Massachusetts | USA | |
Median Property Value | 548,900 | 385,400 | 217,600 |
Median Mortgage Payment | 2,590 | 2,108 | 1,513 |
Median Gross Rent | 1,312 | 1,208 | 1,012 |
Property Vacancy | 7.7% | 10.0% | 12.6% |
% Renters | 29% | 38% | 36% |
Residents per Sq. Mi. | 3,335 | 885 | 93 |
Personal Comparison
Nahant | Massachusetts | USA | |
Median Household Income | 81,384 | 77,385 | 60,336 |
Median Individual Income | 57,586 | 41,700 | 33,646 |
Median Income (Full-Time) | 71,667 | 60,923 | 46,881 |
Median Age | 51.8 | 39.5 | 38.1 |
Labor Participation | 66.9% | 67.8% | 62.8% |
Attained College Degree | 52.9% | 43.4% | 32.0% |
Population Density Analysis
Nahant, MA
3,335
Residents per Sq. Mile
The population density of Nahant is comparable to that of a Small City.
Major City
10,000 Residents +
Mid-Sized City
5,000 Residents +
Small City
2,500 Residents +
Suburban
500 Residents +
Rural
100 Residents +
Remote
1 Residents +