Nahant, MA
Population 3,328 · Massachusetts
About Nahant, MA
Nahant is a small town located in Massachusetts with a population of 3,328 residents according to the latest US Census Bureau American Community Survey data. The median household income is $111,004 per year, which is 48% above the national median of $75,149. The median age of 58.6 years is notably older the US median age of 38.9 years, suggesting a more established community with a higher proportion of long-term residents.
Housing Market Overview
The housing market in Nahant features a median home value of $686,000, which is 180% above the national median of $244,900. This places Nahant in a higher-cost housing market, where property demand often outpaces supply. Median monthly rent is $1,790, 54% above the national average of $1,163/month. Of the 1,810 total housing units, 84% are owner-occupied (1,350 units) and 16% are renter-occupied (254 units). The high homeownership rate suggests a stable, established residential community.
Economy & Employment
The local economy in Nahant shows an unemployment rate of 5.1%, which is near the national rate of 3.7%. The poverty rate stands at 6.8%, below the national average of 12.4%, reflecting generally favorable economic conditions. Workers in Nahant have an average one-way commute time of 32.9 minutes.
Education & Demographics
61.7% of Nahant residents aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. This significantly higher educational attainment rate often correlates with access to knowledge-economy jobs and higher household incomes. The community's demographic composition includes 0.0% White, 0.3% Hispanic or Latino, 1.2% Black or African American, and 0.0% Asian residents, with 5.9% of the population being foreign-born.
Cost of Living in Nahant, MA
Compared to national averages, Nahant has a median household income of $111,004 (48% above the national median of $75,149). Home values average $686,000, which is 180% above the national median. Monthly rent at $1,790 is 54% above the US average of $1,163. Within Massachusetts, Nahant's income is 5% above the state average of $105,630, and home values are 22% above the state median of $561,296.
Why Live in Nahant, MA?
Nahant offers a strong local economy with a median household income of $111,004, well above the national average, and a well-educated community where 61.7% of residents hold a bachelor’s degree or higher, and a low poverty rate of 6.8%, better than the national average.
Potential considerations include a competitive housing market where the typical home costs $686,000. However, Nahant’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Nahant has a population of 3,328 with a median age of 58.6 years. Compare Nahant with other cities to see how it stacks up, or explore all cities in Massachusetts.
Similar Cities Near Nahant
Cities in Massachusetts with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| South Duxbury | 3,272 | $206,111 | $987,500 | Compare |
| Dennis Port | 3,439 | $61,974 | $450,500 | Compare |
| Provincetown | 3,466 | $123,456 | $786,900 | Compare |
| South Dennis | 3,190 | $86,500 | $454,400 | Compare |
| Hopkinton | 3,142 | $173,750 | $601,900 | Compare |
| Ocean Grove | 3,099 | $97,109 | $337,800 | Compare |
| Cordaville | 3,076 | $161,023 | $730,600 | Compare |
| Monument Beach | 3,067 | $86,953 | $540,600 | Compare |
Demographics
Racial & Ethnic Composition
Economy & Education
Housing
Other Cities in Massachusetts
Data source: US Census Bureau ACS 5-Year Estimates. Last updated: 2026-04-05.
Compare Nahant With Other Cities
Frequently Asked Questions about Nahant
What is the population of Nahant, MA?
The population of Nahant, MA is 3,328 according to the latest US Census Bureau American Community Survey estimates. This makes it a small town in Massachusetts.
What is the median household income in Nahant?
The median household income in Nahant, MA is $111,004 per year, which is 48% above the national median of $75,149.
What is the median home value in Nahant?
The median home value in Nahant, MA is $686,000, which is 180% above the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Nahant?
The median monthly rent in Nahant, MA is $1,790, which is 54% above the national average of $1,163/month.
What is the unemployment rate in Nahant?
The unemployment rate in Nahant, MA is 5.1%, compared to the national average of 3.7%. Job seekers may want to research the dominant industries in the area.
Is Nahant, MA a good place to live?
Nahant offers above-average incomes, a competitive housing market, and growing employment opportunities. With a population of 3,328 and a median age of 58.6, the city appeals to established professionals and retirees.
How educated is Nahant, MA?
61.7% of residents in Nahant aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. This above-average educational attainment often reflects a knowledge-based local economy.
What is the cost of living in Nahant?
Key cost-of-living indicators for Nahant, MA: median home value is $686,000 (180% above national), median rent is $1,790/month, and median household income is $111,004. The home-value-to-income ratio is 6.2x, which suggests housing may be stretched relative to local earnings.
What is the poverty rate in Nahant?
The poverty rate in Nahant, MA is 6.8%, compared to the national average of 12.4%. This below-average poverty rate reflects generally favorable economic conditions in the community.
How diverse is Nahant, MA?
Nahant's population is 0.0% White, 0.3% Hispanic or Latino, 1.2% Black or African American, 0.0% Asian, and 1.8% two or more races. 5.9% of residents are foreign-born.