Nantucket faces a severe housing crisis where 65% of its 12,000 housing units are occupied by seasonal residents. The median home price is approximately $2.5 million, leaving full-time workers, including teachers and health care professionals, struggling to find affordable living options. Many workers are forced into overcrowded conditions or long commutes. The situation has drawn comparisons to other vacation destinations facing similar challenges. Initiatives like the Lease to Locals program aim to provide affordable housing but require broader solutions to effectively address the ongoing crisis.
Around 65 percent of the island's nearly 12,000 housing units are occupied by seasonal residents, leading to a severe housing shortage for the local workforce.
The median home price on Nantucket is around $2.5 million, which is unaffordable for many locals, including full-time workers and their families.
Many workers, including teachers and health care workers, often face overcrowded living conditions or commute long distances, which strains their ability to live sustainably on the island.
Efforts like the Lease to Locals program aim to convert short-term rentals into year-round residences, but more extensive solutions are necessary to combat the housing crisis.
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