Last updated: 2024 BLS data · Page refreshed:
Cambridge has a population of 118,796 with a median age of 30.4. Here is the racial and ethnic breakdown of the population:
| Demographic | Value |
|---|---|
| Total Population | 118,796 |
| Median Age | 30.4 |
| White | 55.7% |
| Black or African American | 10.5% |
| Asian | 20.4% |
| Hispanic or Latino | 8.8% |
| Other / Two or More Races | 4.6% |
The median household income in Cambridge is $130,748, which is 62.2% above the national median of $80,610. The per capita income is $78,723. The poverty rate is 12.8%.
The unemployment rate in Cambridge is 3.1%, compared to the national rate of 4.1%.
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In Cambridge, 96.0% of residents age 25+ have a high school diploma or higher, and 80.8% hold a bachelor's degree or higher (51.2% with a graduate or professional degree).
| Education Level | % of Adults (25+) |
|---|---|
| High School Diploma or Higher | 96.0% |
| Bachelor's Degree or Higher | 80.8% |
| Graduate or Professional Degree | 51.2% |
The median home value in Cambridge is $1,092,100, above the national median of $303,400. The median monthly rent is $2,787. The homeownership rate is 33.5%.
| Housing Metric | Value |
|---|---|
| Median Home Value | $1,092,100 |
| Median Monthly Rent | $2,787 |
| Homeownership Rate | 33.5% |
| Vacancy Rate | 9.8% |
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