Cambridge, MA has a population of 108,757, including 64% white, 16% asian, and 10% black.
|Median Income (Household)||$83,122|
|Number Of Employees||62,998|
|Median Property Value||$629,700|
The median household income in Cambridge, MA is around $83,122, while the median age is 30.5. This city is a home to major universities: Harvard University, Doctoral Universities: Highest Research Activity, and Doctoral Universities. 62,998 employees work in Cambridge, MA. The homeownership rate among the residents is 36.86%. The median property value that you should keep in mind is $629,700.
Numbers claim that the employment rate in Cambridge, MA changed by 4%, so let’s see what are the most common job groups in this area. People of Cambridge, MA prefer to work in Education, Training, & Library, Management and Life, Physical, & Social Science.
Keeping in mind that the employment rate changed by 4% recently, there must be a strong understanding of industries people of Cambridge, MA work in. The most common industries are Educational Services, Professional, Scientific, Tech Services and Healthcare & Social Assistance. Please note that not all the residents of Cambridge, MA work in the area and may be employed outside of the city. Our data is tagged to their residential address, not the work address.
According to latest census, Cambridge, MA is a home for 64% white residents. The second common group is asian with 16% residents. The list of the most common racial or ethnic groups is closed by black with 10% residents.
Past year Cambridge, MA universities awarded around 28,582 degrees. Statistics show that the population of students in Cambridge, MA include 7,129 male students and 7,575 female students. Cambridge, MA offers private and public tuition with a median cost of $43,280 for private four-year colleges and $0 for in-state public four-year colleges. The largest university of this city is the Harvard University with the majority of graduates. The Massachusetts Institute of Technology and Lesley University hold the second and the third place respectively. The share of the public colleges in Cambridge, MA is 32.4% and 67.6% go to the private colleges.
The age groups that most likely have the health care coverage in Cambridge, MA are 25-34 years old for men and 25-34 years old for women. Cambridge, MA offers a 128 primary care clinician to 1 patient ratio. Data records state that dentists ratio is 92 to 1, speaking of mental health doctors ratio, it’s 471 to 1 resident.
|Primary Care||1 to 128|
|Dentists||1 to 92|
|Mental Health||1 to 471|
|Other||1 to 78|
The workers of Cambridge, MA traveled to their offices around 23.47 minutes lately and used public transit to get there. The rest of the residents drove alone and walked.
|Rent Price||Feb||vs Last Month|
|1 bed rentals||$2,910||+1.2%|
|2 bed rentals||$3,811||+2.5%|
|3 bed rentals||$4,309||-5.9%|
|4+ bed rentals||$2,625||-11%|
|Rent Type Price||Feb||vs Last Month|
Over the Mar 2020, the average rent for an apartment in/near Cambridge, MA decreased by 1.9% to $3135. Breaking it down in details, we now see that the average price for 1-bed apartment increased by 1.2% to $2910. Pricing for 2-bed apartment also increased by 2.5% and a place of this size will now cost you $3811. 3-bed apartment rent pricing starts at $4309, it decreased by 5.9% lately. We tend to note the rise of 4- and more bed apartment pricing. It decreased by 11% and made it down to $2625.
The median rent for an apartment in Cambridge, MA increased by 1% to $3364. Statistics show that house rent price increased by 38.6% this month making it up to $2288. The median rent for a loft did not face significant changes this time, it now still goes for $2500. An average room will now go for $1275, the median rent price for a room decreased by 9.9%.