Property Tax & Income in Nantucket County, Massachusetts
Nantucket County has an effective property tax rate of 0.25%. On the median home value of $1,593,800, that's roughly $3,974 per year. Median household income is $139,688.
What you'll pay, at a glance
Property taxes are the largest local tax most homeowners pay. The effective rate measures the real tax bill as a share of home value — a more useful number than the nominal “mill rate,” because assessment practices vary county to county.
| Metric | Nantucket County | Massachusetts (state context) |
|---|---|---|
| Effective property tax rate1 | 0.25% | 1.06% |
| Median home value1 | $1,593,800 | — |
| State income tax3 | top rate 5.00% | top rate 5.00% |
| State sales tax3 | 6.25% combined | 6.25% combined |
How this is calculated
The effective property tax rate is the median real-estate tax bill divided by the median home value — both for owner-occupied homes, from the U.S. Census Bureau's American Community Survey (ACS 5-year estimates)1. Median income is also from the ACS1. Federal and state income-tax figures use IRS2 and Tax Foundation3 data.
About Nantucket County, MA
Nantucket County’s effective property tax rate of 0.249% stands far below Massachusetts’ statewide median of 1.063% and the national median of 0.794%. Among the state’s 14 counties, it ranks last. That low rate yields a median annual tax bill of $3,974 on a median home value of $1,593,800 — a striking pairing in a place where property values run exceptionally high. Households here report a median income of $139,688, with per-capita income at $77,014. Siasconset and Nantucket anchor the county. The pattern signals that Nantucket leans on something other than steep property taxes to fund local services, and that owners of even very expensive homes face annual levies well below what comparable rates elsewhere would produce.