Cambridge, MA
REAL ESTATE & DEMOGRAPHIC DATA






Cambridge profile


Living in Cambridge


Cambridge is a larger medium-sized city located in the state of Massachusetts. With a population of 118,403 people and 33 constituent neighborhoods, Cambridge is the fourth largest community in Massachusetts. Much of the housing stock in Cambridge was built prior to World War II, making it one of the older and more historic cities in the country.

Cambridge home prices are not only among the most expensive in Massachusetts, but Cambridge real estate also consistently ranks among the most expensive in America.

Cambridge is a decidedly white-collar city, with fully 96.00% of the workforce employed in white-collar jobs, well above the national average. Overall, Cambridge is a city of professionals, managers, and sales and office workers. There are especially a lot of people living in Cambridge who work in teaching (15.97%), management occupations (12.92%), and the sciences (10.63%).

And if you like science, one thing you'll find is that Cambridge has lots of scientists living in town - whether they be life scientists, physical scientists (like astronomers), or social scientists (like geographers!). So, if you're scientific-minded, you might like it here too.

Also of interest is that Cambridge has more people living here who work in computers and math than 95% of the places in the US.

Of important note, Cambridge is also a city of artists. Cambridge has more artists, designers and people working in media than 90% of the communities in America. This concentration of artists helps shape Cambridge’s character.

Telecommuters are a relatively large percentage of the workforce: 13.53% of people work from home. While this number may seem small overall, as a fraction of the total workforce it is high relative to the nation. These workers are often telecommuters who work in knowledge-based, white-collar professions. For example, Silicon Valley has large numbers of people who telecommute. Other at-home workers may be self-employed people who operate small businesses out of their homes.

Cambridge is a nice balance between life in a moderately big city and the interesting diversions and culture that come from having a big college student population. The thousands of students who arrive on campus every fall will find that Cambridge has plenty of amenities and opportunities for them, while residents of Cambridge enjoy the lectures, music, art, and economic trickle-down that colleges typically provide. "Town and Gown" complement each other in Cambridge.

Not only is Cambridge a city with many college students, but it also retains many recent graduates who are looking to start new careers, creating a decent-sized population of people who are young, single, educated, and upwardly-mobile. This makes it a good choice for other relocating single professionals. Here, these young singles will find many others like themselves, with opportunities for friendships, socializing, romance, and fun.

Although the majority of commuting trips in the city are by private automobile, Cambridge is somewhat unusual for a city of its size for having a substantial number of people who use public transportation. For a lot of people, the subway helps to get to and from their jobs every morning, which benefits everyone in the Cambridge area by reducing both traffic and air pollution.

If knowledge is power, Cambridge is a pretty powerful place. 79.08% of the adults in Cambridge have earned a 4-year college degree, masters degree, MD, law degree, or even PhD. Compare that to the national average of 21.84% for all cities and towns.

The per capita income in Cambridge in 2018 was $61,036, which is wealthy relative to Massachusetts and the nation. This equates to an annual income of $244,144 for a family of four. However, Cambridge contains both very wealthy and poor people as well.

Cambridge is an extremely ethnically-diverse city. The people who call Cambridge home describe themselves as belonging to a variety of racial and ethnic groups. The greatest number of Cambridge residents report their race to be White, followed by Asian. Important ancestries of people in Cambridge include Irish, Italian, English, German, and Polish.

In addition, Cambridge has a lot of people living here who were born outside of the US (29.25%).

The most common language spoken in Cambridge is English. Other important languages spoken here include Spanish and Chinese.