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Martha's Vineyard Demographics

Great Racing! Serious Fun!

SUPPORTING DEMOGRAPHICS


(Harrison Group 2009 Survey on Summer Population)

  • Winter to Summer Population Growth 15,000 to 120,000
  • HHI > $200k = 34.9%
  • HHI > $300k = 19.6%
  • Median income = $166.1k
  • Median net worth = $1.1 million
  • Home value value > $500k = 48.8% of housing stock
  • 68% of visitors stay 3 days to 3 weeks
  • Age 25 to 54 = 64.5%
  • Median age = 50.4 yrs
  • College Graduate = 74.5%
  • Post Grad = 26.4%
  • 81.6% married
  • Have children = 30.5%
  • Employed 79.1 %
  • CEO/COO/CFO = 16.8%


BARON’S REPORT

 

  • 5TH Best Second Homes Market in US
  • 940 Homes worth > $1 million


2010 REGISTRY DATA

 

  • Chilmark Sales = 24 between $500k and $7.4 million
  • Edgartown Sales = 113 between $250k and $17.375 million


2011 HOUSE RENTAL INFORMATION

 

  • Chilmark 20 available between 48k and $10k per week
  • Edgartown 15 between $8k and $10k per week
  • Wallace Real Estate Rental Listings
    • Edgartown $18k to $40k per week
    • Chilmark $15k per week
    • West Tisbury $45k per week


MARTHA’S VINEYARD AIRPORT OPERATIONS

 

  • 3,578 landings and takeoff’s of private aircraft July 2010
  • 3,038 landings and takeoff’s of private aircraft August 2010
  • Impact of Presidential August Vacation (reduces airport access)