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Nahant, MA&

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Population
3,471
0.49% growth
Median Age
49.8
Median Household Income
$72,625
11.2% growth
Poverty Rate
4.21%
Number of Employees
1,883
0.59% growth
Median Property Value
$519,100
4.09% growth

Economy

The economy of Nahant, MA employs 1,883 people. The economy of Nahant, MA is specialized in Educational Services; Healthcare & Social Assistance; and Arts, Entertainment, Recreation, which employ respectively 1.72; 1.68; and 1.58 times more people than what would be expected in a location of this size. The largest industries in Nahant, MA are Healthcare & Social Assistance (440), Educational Services (302), and Professional, Scientific, Tech Services (182), and the highest paying industries are Finance & Insurance ($85,909), Professional, Scientific, Tech Services ($61,250), and Transportation & Warehousing ($60,042).

Median household income in Nahant, MA is $72,625. Males in Nahant, MA have an average income that is 1.33 times higher than the average income of females, which is $61,849. The income inequality of Nahant, MA (measured using the Gini index) is 0.483 which is lower than the national average.

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Health & Safety

Insurance and Medicare coverage combined with state and county level health and safety statistics for Nahant, MA. In Essex County, MA the age groups most likely to have health care coverage are 6-17 and 45-54, men and women, respectively. The location has a 1 to 79 primary care clinician to patient ratio and a Medicare reimbursement average per patient per year of $9,285. Suffolk County, MA has the highest prevalence of homicides of any county in Massachusetts.

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Clinician to Patient Rates

The closest comparable data for the census place of Nahant, MA is from the county of Essex County, MA.

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Diversity

Nahant, MA is home to a population of 3,471 people, from which 96.8% are citizens. The ethnic composition of the population of Nahant, MA is composed of 3,309 White residents (95.3%), 86 Hispanic residents (2.48%), 47 Black residents (1.35%), 19 Asian residents (0.55%), and 10 Two+ residents (0.29%). The most common foreign languages in Nahant, MA are Portuguese (105 speakers), Greek (91 speakers), and Spanish (81 speakers), but compared to other places, Nahant, MA has a relative high number of Greek (91 speakers), Portuguese (105 speakers), and Armenian (10 speakers).

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Education

In 2015 universities in Boston-Cambridge-Newton, MA-NH Metro Area awarded 102,339 degrees. The student population of Boston-Cambridge-Newton, MA-NH Metro Area is skewed towards females, with 42,606 male students and 59,733 female students. Most students in Boston-Cambridge-Newton, MA-NH Metro Area are White (55,296 and 54%), followed by Unknown (8,756 and 8.56%), Asian (7,848 and 7.67%), and Hispanic or Latino (7,794 and 7.62%). The largest universities in Boston-Cambridge-Newton, MA-NH Metro Area by number of graduates are Boston University (10,379 and 10.1%), Harvard University (7,668 and 7.49%), and Northeastern University (6,178 and 6.04%). The most popular majors in Boston-Cambridge-Newton, MA-NH Metro Area are General Business Administration & Management (3,963 and 3.87%), General Psychology (2,651 and 2.59%), and Registered Nursing (2,043 and 2%). The median tuition costs in Boston-Cambridge-Newton, MA-NH Metro Area are $43,280 for private four year colleges, and $13,110 and $28,210 respectively, for public four year colleges for in-state students and out-of-state students.

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Housing & Living

The median property value in Nahant, MA is $519,100, which is 2.53 times larger than the national average of $205,000. Between 2015 and 2016 the median property value increased from $498,700 to $519,100, a 4.09% increase. The homeownership rate of Nahant, MA is 68.4%, which is higher than the national average of 63.6%. People in Nahant, MA have an average commute time of 33 minutes, and they commute by Drove Alone. Car ownership in Nahant, MA is approximately the same as the national average, with an average of 2 cars per household.

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United States
nation
Massachusetts
state
Essex County, MA
county
Boston-Cambridge-Newton, MA-NH Metro Area
metropolitan statistical area
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