Nahant

Population: 3,328
Median household income: $111,004
Median home value: $686,000

Located in Essex County, Massachusetts, Nahant is a community with a population of 3,328. Its median household income of $111,004 runs above the Essex County figure of $99,431.

Between 2019 and 2023, Nahant's population declined 5.0% from 3,502 to 3,328, while its median home value rose 9.7% from $625,400 to $686,000.

The median gross rent is $1,790. 61.7% of adults 25 and older hold a bachelor's degree or higher.

Demographics

ACS 2019–2023

Population: 3,328
Median age: 58.6 yrs
Median household income: $111,004
Median home value: $686,000
Median gross rent: $1,790
Housing units: 1,810
Homeownership rate: 84.2%
Bachelor's degree or higher: 61.7%
Unemployment rate: 5.1%

Trends

ACS 5-year · 2019–2023

Population

3,5023,328

Median household income

$97,778$111,004

Median home value

$625,400$686,000

Median gross rent

$1,473$1,790

Year	Population	Median household income	Median home value	Median gross rent
2019	3,502	$97,778	$625,400	$1,473
2020	3,512	$94,243	$582,600	$1,574
2021	3,354	$99,456	$601,900	$1,763
2022	3,336	$105,867	$647,800	$1,747
2023	3,328	$111,004	$686,000	$1,790

Each year is a US Census Bureau ACS 5-year estimate ending that year.

Age distribution

Under 55.1%

5 to 176.6%

18 to 246.6%

25 to 346.3%

35 to 448.6%

45 to 5412.4%

55 to 6422.0%

65 to 7421.8%

75 and over10.5%

	Count	Share
Under 5	170	5.1%
5 to 17	218	6.6%
18 to 24	219	6.6%
25 to 34	211	6.3%
35 to 44	286	8.6%
45 to 54	414	12.4%
55 to 64	732	22.0%
65 to 74	727	21.8%
75 and over	351	10.5%

Race & ethnicity

	Count	Share
White (non-Hispanic)	3,063	92.0%
Black or African American	60	1.8%
American Indian & Alaska Native	0	0.0%
Asian	27	0.8%
Native Hawaiian & Pacific Islander	0	0.0%
Some other race	9	0.3%
Two or more races	128	3.8%
Hispanic or Latino (any race)	41	1.2%

Educational attainment (age 25+)

No high school diploma1.9%

High school graduate20.7%

Some college or associate's15.7%

Bachelor's degree31.0%

Graduate or professional degree30.7%

	Count	Share
No high school diploma	51	1.9%
High school graduate	562	20.7%
Some college or associate's	428	15.7%
Bachelor's degree	844	31.0%
Graduate or professional degree	836	30.7%

Commute to work

Mean travel time to work: 33 min

Drove alone69.3%

Carpooled4.6%

Public transit3.4%

Walked5.2%

Bicycle0.0%

Worked from home14.9%

Other means2.7%

How workers get to work

	Count	Share
Drove alone	1,278	69.3%
Carpooled	84	4.6%
Public transit	63	3.4%
Walked	96	5.2%
Bicycle	0	0.0%
Worked from home	274	14.9%
Other means	50	2.7%

Travel time

	Count	Share
Under 15 min	401	25.5%
15 to 29 min	275	17.5%
30 to 44 min	451	28.7%
45 to 59 min	160	10.2%
60+ min	284	18.1%

Households

Average household size: 2.04
Poverty rate: 6.8% (222 of 3,281)

	Count	Share
Family households	918	57.2%
Nonfamily households	686	42.8%

Housing

Median year structure built: 1938

Occupancy

	Count	Share
Occupied	1,604	88.6%
Vacant	206	11.4%

Tenure (of occupied units)

	Count	Share
Owner-occupied	1,350	84.2%
Renter-occupied	254	15.8%

1-unit, detached76.2%

1-unit, attached1.8%

2 to 4 units11.9%

5 to 19 units8.1%

20 or more units1.9%

Mobile home & other0.0%

Units in structure

	Count	Share
1-unit, detached	1,380	76.2%
1-unit, attached	33	1.8%
2 to 4 units	215	11.9%
5 to 19 units	147	8.1%
20 or more units	35	1.9%
Mobile home & other	0	0.0%

Geography

Place GEOID: 2543615
Type (LSAD): 57
Land area: 1.08 sq mi
Water area: 15 sq mi
Center point: 42.4182, -70.9327