Provincetown, MA
Population 3,466 · Massachusetts
About Provincetown, MA
Provincetown is a small town located in Massachusetts with a population of 3,466 residents according to the latest US Census Bureau American Community Survey data. The median household income is $123,456 per year, which is 64% above the national median of $75,149. The median age of 56.6 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 Provincetown features a median home value of $786,900, which is 221% above the national median of $244,900. This places Provincetown in a higher-cost housing market, where property demand often outpaces supply. Median monthly rent is $1,331, 14% above the national average of $1,163/month. Of the 4,542 total housing units, 71% are owner-occupied (1,351 units) and 29% are renter-occupied (558 units). The high homeownership rate suggests a stable, established residential community.
Economy & Employment
The local economy in Provincetown shows an unemployment rate of 8.5%, which is significantly above the national rate of 3.7%, suggesting economic challenges in the area. The poverty rate stands at 11.4%, below the national average of 12.4%, reflecting generally favorable economic conditions. Workers in Provincetown have an average one-way commute time of 18.9 minutes, one of the shorter commutes in the region.
Education & Demographics
62.5% of Provincetown 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 2.1% White, 2.3% Hispanic or Latino, 0.0% Black or African American, and 9.3% Asian residents, with 17.5% of the population being foreign-born.
How Provincetown Ranks in Massachusetts
Cost of Living in Provincetown, MA
Compared to national averages, Provincetown has a median household income of $123,456 (64% above the national median of $75,149). Home values average $786,900, which is 221% above the national median. Monthly rent at $1,331 is 14% above the US average of $1,163. Within Massachusetts, Provincetown's income is 17% above the state average of $105,630, and home values are 40% above the state median of $561,296.
Why Live in Provincetown, MA?
Provincetown offers a strong local economy with a median household income of $123,456, well above the national average, and a well-educated community where 62.5% of residents hold a bachelor’s degree or higher, and a low poverty rate of 11.4%, better than the national average. Additionally, the city features short commute times averaging just 18.9 minutes.
Potential considerations include a competitive housing market where the typical home costs $786,900. However, Provincetown’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Provincetown has a population of 3,466 with a median age of 56.6 years. Compare Provincetown with other cities to see how it stacks up, or explore all cities in Massachusetts.
Similar Cities Near Provincetown
Cities in Massachusetts with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Dennis Port | 3,439 | $61,974 | $450,500 | Compare |
| East Sandwich | 3,597 | $128,750 | $651,900 | Compare |
| North Lakeville | 3,602 | $88,750 | $488,400 | Compare |
| Nahant | 3,328 | $111,004 | $686,000 | Compare |
| South Duxbury | 3,272 | $206,111 | $987,500 | Compare |
| East Dennis | 3,685 | $100,504 | $658,500 | Compare |
| Forestdale | 3,716 | $105,368 | $462,500 | Compare |
| South Dennis | 3,190 | $86,500 | $454,400 | 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 Provincetown With Other Cities
Frequently Asked Questions about Provincetown
What is the population of Provincetown, MA?
The population of Provincetown, MA is 3,466 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 Provincetown?
The median household income in Provincetown, MA is $123,456 per year, which is 64% above the national median of $75,149.
What is the median home value in Provincetown?
The median home value in Provincetown, MA is $786,900, which is 221% above the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Provincetown?
The median monthly rent in Provincetown, MA is $1,331, which is 14% above the national average of $1,163/month.
What is the unemployment rate in Provincetown?
The unemployment rate in Provincetown, MA is 8.5%, compared to the national average of 3.7%. Job seekers may want to research the dominant industries in the area.
Is Provincetown, MA a good place to live?
Provincetown offers above-average incomes, a competitive housing market, and growing employment opportunities. With a population of 3,466 and a median age of 56.6, the city appeals to established professionals and retirees.
How educated is Provincetown, MA?
62.5% of residents in Provincetown 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 Provincetown?
Key cost-of-living indicators for Provincetown, MA: median home value is $786,900 (221% above national), median rent is $1,331/month, and median household income is $123,456. The home-value-to-income ratio is 6.4x, which suggests housing may be stretched relative to local earnings.
What is the poverty rate in Provincetown?
The poverty rate in Provincetown, MA is 11.4%, compared to the national average of 12.4%. This below-average poverty rate reflects generally favorable economic conditions in the community.
How diverse is Provincetown, MA?
Provincetown's population is 2.1% White, 2.3% Hispanic or Latino, 0.0% Black or African American, 9.3% Asian, and 7.0% two or more races. 17.5% of residents are foreign-born.