Quick facts: Siasconset, MA

Quick Facts

119.6
Cost of Living
above US average
115
Population
43.48
Crime Rate per 1000
above US average
$75,125
Median Income
below US average
$11,500,000
Median House Price
above US average
$13750.0
Average Rent
above US average
54%
Poverty Rate
above US average
Unemployment Data is updating, will be available soon

πŸ’΅ Affordability Calculator

Based on the 28/36 rule: housing costs should not exceed 28% of your gross income. Compared against local median income of $75,125.

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Income Needed to Buy

βœ— Stretch
$3608k/year
Based on $11,500,000 median home price
Assumes 30-year mortgage at 7% with 20% down payment
⚠️ Requires $3608k vs median $75,125
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Income Needed to Rent

⚠ Stretch
$589k/year
Based on $13750.0/month average rent
Annual income where rent = 28% of gross
⚠️ Requires $589k vs median $75,125
πŸ’‘ 28/36 Rule: Housing ≀28% of gross income, total debt ≀36%. This is a guideline used by many lenders.

Overview for Siasconset, MA

Siasconset, commonly known as "Sconset," is a picturesque village located on Nantucket Island in Massachusetts. It is situated on the eastern edge of the island, approximately 8 miles from Nantucket's town center. Known for its charming cobblestone streets, historic whaling cottages, and stunning ocean views, Siasconset offers a unique blend of coastal beauty and quaint New England charm. The village is famous for its serene beaches, particularly Siasconset Beach, which is renowned for its natural beauty and picturesque dunes. The stunning sunsets and tranquil atmosphere make it a sought-after destination for those looking to escape the hustle and bustle of everyday life. Siasconset is also home to the iconic Sankaty Head Lighthouse, which stands as a beacon for sailors and a symbol of the village's rich maritime history. The area is characterized by its tight-knit community, vibrant local art scene, and well-preserved historic architecture, giving visitors a true sense of Nantucket's maritime heritage. With its tranquil setting, Siasconset offers an ideal retreat for visitors and residents alike who appreciate nature, beauty, and a relaxing lifestyle on one of Massachusetts’ most cherished islands.

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