Living in Madaket, Massachusetts
Cost of living, income, home prices, rent and demographics of Madaket · Census data 2020–2024
Madaket has 377 residents with a median age of 62.2. The median household income is $112,500 (8% higher than the Massachusetts median), the median home value is $1,637,500.
Madaket is a small town, so Census survey estimates have wide margins of error. Treat percentages as approximate.
Madaket at a glance
- Population
- 377
- Median age
- 62.2State: 40
- Median household income
- $112,500State: $103,960
- Median home value
- $1,637,500State: $562,100
- Homeowners
- 83.3%
- Bachelor's degree or higher
- 46.8%
- Average commute
- 21 min
Is Madaket a good place to live?
Pros: Median household income 8% higher than the Massachusetts median; an average commute of 21 minutes.
Cons: Home values 191% higher than the state median.
The weather is best in June to September.
Cost of living in Madaket
Housing is the biggest part of the cost of living. In Madaket the median home value is $1,637,500, 392% higher than the U.S. median. Renters pay a median of — per month. Homeowners with a mortgage pay $2,875 a month in housing costs.
Madaket median household income
The median household income in Madaket is $112,500 and the income per person is $96,201. 0% of residents live below the poverty line (Massachusetts: 10%).
Housing in Madaket: homes for sale and rent
- Housing units
- 658
- Owner-occupied
- 83.3%
- Renter-occupied
- 16.7%
- Vacant
- 76.3%Includes seasonal homes
- Median year built
- 1982
- Average household size
- 2.42
76.3% of homes are vacant most of the year, a sign that Madaket has many vacation and second homes.
Madaket demographics
- Population
- 377
- Median age
- 62.2
- Under 18
- 11.7%
- 65 and older
- 27.9%
- Households
- 156
- Foreign-born
- 12.5%
- Veterans
- 2.7%Adults 18+
Hispanic or Latino can be of any race. Population history of Madaket ›
Education in Madaket
46.8% of adults 25 and older in Madaket have a bachelor's degree or higher (Massachusetts: 47.3%), and 25.5% have a graduate or professional degree.
Jobs and commute in Madaket
- Unemployment rate
- 0%State: 5.2%
- Average commute
- 21 minState: 29 min
- Work from home
- 24.2%
- Drive alone
- 74.2%
- Public transit
- 0%
- Walk to work
- 0%
- Homes with broadband
- 100%
Madaket vs nearby towns
| Town | Population | Median income | Home value | Rent |
|---|---|---|---|---|
| Madaket | 377 | $112,500 | $1,637,500 | — |
| Nantucket | 14,483 | $139,688 | $1,593,800 | $2,213 |
| Edgartown | 5,278 | $125,236 | $1,199,300 | $1,796 |
| Oak Bluffs | 5,407 | $145,196 | $923,100 | $1,099 |
| Chatham | 6,681 | $85,167 | $942,800 | $1,485 |
| Popponesset | 563 | $102,357 | $720,900 | — |
| Vineyard Haven | 2,469 | $77,665 | $847,400 | $1,711 |
| New Seabury | 726 | $212,750 | $954,700 | $3,146 |
| West Yarmouth | 6,194 | $65,841 | $494,600 | $1,470 |
More for people moving to Madaket
Madaket ZIP code ›Weather and climate ›Living in Madaket: FAQ
What is the median household income in Madaket, MA?
The median household income in Madaket is $112,500, 8% higher than the Massachusetts median of $103,960 (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
What is the average home price in Madaket?
The median home value in Madaket is $1,637,500, compared with $562,100 in Massachusetts.
Is Madaket, MA a good place to live?
Pluses: median household income 8% higher than the Massachusetts median; an average commute of 21 minutes. Minuses: home values 191% higher than the state median.
What is the median age in Madaket?
The median age in Madaket is 62.2 years (Massachusetts: 40).
How long is the commute in Madaket?
The average commute to work in Madaket is 21 minutes; 24.2% of workers work from home.
What is the unemployment rate in Madaket?
The unemployment rate in Madaket is 0% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is Madaket?
46.8% of adults in Madaket have a bachelor's degree or higher.
Source: U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024 (margins of error apply, especially in small towns). Figures are in 2024 dollars.
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