Pros and Cons of Living In Cambridge, Massachusetts. Is Cambridge, MA a Nice Place To Live or Retire?

Cambridge, Massachusetts

Moving to Cambridge In Massachusetts ? Is Cambridge, MA a Nice Place To Live? Pros and Cons of Living in Cambridge, Massachusetts. Find out the best and worst about to live, raise a family or retire in Cambridge.

Cambridge ( KAYM-brij) is a city in Middlesex County, Massachusetts, United States. It is a suburb in the Greater Boston metropolitan area, located directly across the Charles River from Boston. The city's population as of the 2020 U.S. census was 118,403, making it the most populous city in the county, the fourth-largest in Massachusetts behind Boston, Worcester, and Springfield, and ninth-most populous in New England. The city was named in honor of the University of Cambridge in Cambridge, England, which was an important center of the Puritan theology that was embraced by the town's founders.

DEMOGRAPHICS

Population
117822
Unemployment
4%
15% NAT AVG.
Poverty
12%
14% NAT AVG.
Cost Of Living
172
72% NAT AVG.

ECONOMICS

Median Home Cost
$843100
267% NAT AVG.
Median Income
$107490
59% NAT AVG.
Median Rent
$2293
98% NAT AVG.
Overall Score
9

CRIME REPORT

Total Crime
2541
10% NAT. AVG.
56% STATE AVG.
Violent Crime
341
27% NAT. AVG.
8% STATE AVG.
Property Crime
2200
6% NAT. AVG.
74% STATE AVG.

SOCIO-ECONOMICS

People Living Below BPL
1 in 8
Unemployed People
1 in 25
People Earning < $10,000
1 in 16
People Earning < $50,000
25.4%
People With Any Degree
1 in 1.2

ETHNICITY

Ethnicity Cambridge USA
White 58.6% 60.1%
African American 9.8% 12.2%
American Indian 0.2% 0.6%
Asian 17.5% 5.6%
Hawaiian 0.1% 0.2%
Multiracial 3.9% 2.8%
Hispanic 9.3% 18.2%
Other 0.5% 0.3%

HOUSEHOLD INCOME

HOUSEHOLD INCOME Cambridge USA
Less than $10,000 6.2% 5.8%
$10,000 to $14,999 3.5% 4.1%
$15,000 to $24,999 4.2% 8.5%
$25,000 to $34,999 4.3% 8.6%
$35,000 to $49,999 7.2% 12.0%
$50,000 to $74,999 10.8% 17.2%
$75,000 to $99,999 10.8% 12.8%
$100,000 to $149,999 18.1% 15.6%
$150,000 to $199,999 12.1% 7.1%

EDUCATION

Education Cambridge USA
< 9th Grade 2% 5.0%
9-12th Grade 2% 7.0%
High School or GED 7% 27.0%
Other College 8% 20.0%
Associate's Degree 2% 9%
Bachelor's Degree 30% 20.0%
Master's Degree 28% 9.0%
Professional Degree 7% 2.0%
Doctorate Degree 14% 1.0%
Cambridge is a city in Massachusetts state in USA with a population of 117822 residents.. The poverty rate of Cambridge is 12%, which is 14% lower than national average. The typical household in Cambridge earns $107490 a year, compared to the national median of $67,500. Nearly 25.4% of households earn less than $50,000 a year compared to 39% national rate. The unemployment rate of Cambridge remained 4%, which is 15% lower than national rate.

Cost of living in Cambridge is 172, which is 72% higher than national average. In Cambridge, only 79% of adults have a bachelor's degree and 10% have some college but no degree. Median home value in Cambridge is $843100 , which is 267% higher than national average. While median income in Cambridge remained $107490, which is 59% higher than national average. Not only are incomes low in the town, but it also has a high cost of living, meaning a dollar does not go as far as it might elsewhere.
Cambridge Scorecard

Jobs85%

Housing100%

Affordability30%

Safety60%

Amenities100%

Diversity95%

Education95%

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