Martha's Vineyard Demographics
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)
