Cost of Living in Dukes County, Massachusetts
At a Glance
Rent burden measured as median gross rent as a percentage of renter household income (Census ACS B25071)
How Dukes County Compares
Median monthly rent comparison
Detailed Housing Stats
Data Story
About Cost of Living in Dukes County, Massachusetts
Martha's Vineyard premium costs less to justify
Despite the nation's highest median home values at $1.1 million, Dukes County renters spend just 16.1% of their income on housing—better than the national average. This is possible because median household income ($102,348) is among the country's highest, allowing residents to absorb premium coastal costs more easily.
Most expensive homes, smartest affordability ratio
Dukes County boasts the lowest rent-to-income ratio in Massachusetts (16.1%), despite having the state's highest median home values at $1.1 million and median rents of $1,371. This paradox reflects Dukes' wealthy resident base and strong household incomes of $102,348—the second-highest statewide.
Martha's Vineyard commands island premium
Dukes' median rent of $1,371 falls between nearby Barnstable ($1,596) and Hampshire ($1,332), but its home values of $1.1 million dwarf all other surveyed counties—more than double Barnstable's $575,900. Island exclusivity and limited housing supply drive Dukes' unparalleled property values.
Renters enjoy relative bargain, buyers invest heavily
Renters allocate just 16.1% of their $102,348 income to $1,371 monthly rent, an excellent ratio for a resort community. However, homeowners dedicate 27.9% to a $2,379 monthly payment for homes worth $1.1 million—the steepest ownership burden across all surveyed counties.
Island living for the exceptionally affluent
Dukes County is accessible only to households with exceptional incomes—the $1.1 million median home value means even 20% down payments exceed $220,000. If you're relocating to Martha's Vineyard, expect to be among the state's wealthiest residents; for most others, Berkshire or Bristol offer far better value.
Affordability Calculator
See how your income compares to housing costs in Dukes County
Rent Burden
16.1%
of gross income
Max Housing (28% Rule)
$2,388
per month
Owner Cost Burden
27.9%
of gross income
The median home in Dukes County may be a stretch
Median home value is $1,104,100. Estimated monthly cost: $8,814 vs. your max of $2,388.
Rent Affordability Guide
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See Today's RatesData: U.S. Census Bureau, American Community Survey (ACS) 5-Year Estimates (2019-2023) — Informational only. Not financial or legal advice.