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Cambridge, MA&

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Population
108,757
0.78% growth
Median Age
30.5
Median Household Income
$83,122
4.67% growth
Poverty Rate
14%
Number of Employees
63,540
0.86% growth
Median Property Value
$629,700
8.25% growth

Economy

The economy of Cambridge, MA employs 63,540 people. The economy of Cambridge, MA is specialized in Educational Services; Professional, Scientific, Tech Services; and Information, which employ respectively 3.09; 2.56; and 1.5 times more people than what would be expected in a location of this size. The largest industries in Cambridge, MA are Educational Services (18,339), Professional, Scientific, Tech Services (11,566), and Healthcare & Social Assistance (8,250), and the highest paying industries are Mining, Quarrying, Oil, Gas Extraction ($95,313), Finance & Insurance ($70,911), and Management of Companies & Enterprises ($70,179).

Median household income in Cambridge, MA is $83,122. Males in Cambridge, MA have an average income that is 1.22 times higher than the average income of females, which is $71,448. The income inequality of Cambridge, MA (measured using the Gini index) is 0.49 which is higher than the national average.

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Health & Safety

Insurance and Medicare coverage combined with state and county level health and safety statistics for Cambridge, MA. In Middlesex County, MA the age groups most likely to have health care coverage are 25-34 and 25-34, men and women, respectively. The location has a 1 to 128 primary care clinician to patient ratio and a Medicare reimbursement average per patient per year of $9,120. Suffolk County, MA has the highest prevalence of homicides of any county in Massachusetts.

Coverage

Clinician to Patient Rates

The closest comparable data for the census place of Cambridge, MA is from the county of Middlesex County, MA.

Insurance Coverage by Age and Gender

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Diversity

Cambridge, MA is home to a population of 108,757 people, from which 82.8% are citizens. The ethnic composition of the population of Cambridge, MA is composed of 67,596 White residents (62.2%), 16,534 Asian residents (15.2%), 10,868 Black residents (10%), 9,294 Hispanic residents (8.55%), and 3,892 Two+ residents (3.58%). The most common foreign languages in Cambridge, MA are Spanish (6,733 speakers), Chinese (5,157 speakers), and African Languages (2,336 speakers), but compared to other places, Cambridge, MA has a relative high number of Portuguese (1,941 speakers), French Creole (2,015 speakers), and Scandinavian (282 speakers).

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Veterans

Education

In 2015 universities in Cambridge, MA awarded 14,704 degrees. The student population of Cambridge, MA is skewed towards females, with 7,129 male students and 7,575 female students. Most students in Cambridge, MA are White (5,894 and 40.1%), followed by Asian (1,566 and 10.7%), Hispanic or Latino (1,089 and 7.41%), and Black or African American (911 and 6.2%). The largest universities in Cambridge, MA by number of graduates are Harvard University (7,668 and 52.1%), Massachusetts Institute of Technology (3,620 and 24.6%), and Lesley University (1,664 and 11.3%). The most popular majors in Cambridge, MA are General Business Administration & Management (1,266 and 8.61%), General Business (905 and 6.15%), and General Education (489 and 3.33%). The median tuition costs in Cambridge, MA are N/A for private four year colleges, and $43,280 and $43,280 respectively, for public four year colleges for in-state students and out-of-state students.

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Housing & Living

The median property value in Cambridge, MA is $629,700, which is 3.07 times larger than the national average of $205,000. Between 2015 and 2016 the median property value increased from $581,700 to $629,700, a 8.25% increase. The homeownership rate of Cambridge, MA is 36.9%, which is lower than the national average of 63.6%. People in Cambridge, MA have an average commute time of 23.5 minutes, and they commute by Public Transit. Car ownership in Cambridge, MA is lower than the national average, with an average of 1 car per household.

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Keep Exploring

United States
nation
Massachusetts
state
Middlesex County, MA
county
Boston-Cambridge-Newton, MA-NH Metro Area
metropolitan statistical area
Middlesex County (East)--Cambridge City PUMA
public use microdata area
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