Cambridge

Community Profile

People

The total population of the City of Cambridge is 111,979. The median age is 30.06

111,979

Total Population

48.75%

Male

51.25%

Female

Age Distribution

Median Age

30

Educational Attainment

The majority of the population in Cambridge has a graduate degree, and 77.61% have a college degree.

< Grade 9

2.64%

Grade 9-12

2.74%

High School

9.52%

Some College

7.49%

Assoc Degree

2.32%

Bach Degree

28.47%

Grad Degree

46.82%

8

in the community

91

within 50 miles

Colleges

offer Associate’s Degree or Certificate

27

in the community

100

within 50 miles

Universities

offer Bachelor’s Degree or Higher

Labor Force

Cambridge has a labor force of 68,967 people, with an unemployment rate of 2.4%.

68,967

Labor Force

2.4%

Unemployment Rate

Where are the top jobs by occupation?

Education, Training/Library

17.2%

21,487

Office and Administrative support

11.32%

14,136

Executive, Managers, and Administrators

10.48%

13,097

Sales

7.15%

8,927

Food Preparation, Serving

5.4%

6,750

The work distribution of total employees in Cambridge is:

26%

Blue Collar

73%

White Collar

Total Establishments

8,110

Total Employees

124,931

Businesses and Jobs

Cambridge has a total of 8,110 businesses. In 2016, the leading industries in Cambridge were Education, Professional, Scientific, and Technical Services, Health Care and Social Services, and Accommodation and Food Services.

What are the top industries by jobs?

1

Education

21,590

Jobs

366

Establishments

2

Professional, Scientific, and Technical Services

16,113

Jobs

1,249

Establishments

3

Health Care and Social Services

10,616

Jobs

2,024

Establishments

4

Accommodation and Food Services

10,260

Jobs

549

Establishments

How many employees do businesses in Cambridge have?

1-4

Employees

1-4 Employees

61.52%

5-9 Employees

17.31%

10-19 Employees

10.59%

20-49 Employees

6.07%

50-99 Employees

2.55%

100+ Employees

1.96%

Incentives

Known business incentives.

$47,240,000

9.467%

of incentives within Massachusetts

#2

ranked city within Massachusetts

Source: www.IncentivesMonitor.com (2016)
A service from WAVTEQ

Income and Spending

Households in Cambridge earn a median yearly income of 89,653. 64.14% of the households earn more than the national average each year. Household expenditures average 82,060 per year. The majority of earnings get spent on Shelter, Transportation, Food and Beverages, Health Care, and Utilities.

$89,653

Median Household Income

Income Distribution

How do people spend most of their money?

PER HOUSEHOLD

Shelter

$17,018

Transportation

$14,597

Food and Beverages

$11,562

Health Care

$6,168

Utilities

$5,799

$82,060

Median Household Expenditure

Housing

There are 107% more households who rent their homes than there are homeowners.

Owners vs. Renters

Transportation

Residents spend an average of 24 minutes commuting to work. Cambridge is served by 23 airports within 50 miles. Rail can be accessed within the community. Interstates can be accessed within the community.

24min

Commute Travel Time

0 + 23(+50 miles)

Airports in Community

Interstate

In Community

Freight Rail

In Community

Taxes

Top State Corporate Income Tax

8%

Top State Corporate Capital Gains Tax

8%

Top State Personal Income Tax

5.15%

Top State Personal Capital Gains Tax

5.2%

State Sales Tax

6.25%

Community Served By

We are here to help:

MassEcon

Doug Kehlhem

Senior Director

(617) 924-4600
dkehlhem@massecon.com
Visit Our Profile

We are here to help:

MassEcon

Doug Kehlhem

Senior Director

(617) 924-4600
dkehlhem@massecon.com
Visit Our Profile
Learn how you can represent this community

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