Most Expensive Cambridge Neighborhoods
|1||Mount Auburn St / Fresh Pond Pky|
|2||Episcopal Divinity School / Memorial Dr|
|3||Massachusetts Ave / Upland Rd|
|4||Old Cambridge / Lesley U|
|5||Concord Ave / Chilton St|
|6||Massachusetts Ave / Somerville Ave|
|8||Longy School of Music / Massachusetts Ave|
|9||Harvard U / Massachusetts Ave|
|10||Cambridge St / Monsignor Obrien Hwy|
Cambridge is a larger medium-sized city located in the state of Massachusetts. With a population of 109,694 people and 32 constituent neighborhoods, Cambridge is the fifth largest community in Massachusetts. Cambridge has a large stock of pre-World War II architecture, 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 95.34% 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 (15.47%), management occupations (12.36%) and the sciences (10.17%).
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.
Cambridge is made interesting by being both a reasonably big city and having a major college student population: students here will find that the city provides a lot of amenities, culture, and opportunities for them. Cambridge is more than just a college town, however, though the thousands of students certainly are a major part of the character of the city, as well as a contributor to the local economy.
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.
For the size of the city, public transportation in Cambridge is quite heavily used. Mostly, people who use it for their daily commute are taking the subway. For Cambridge, the benefits are reduced air pollution and congestion on the highways.
If knowledge is power, Cambridge is a pretty powerful place. 74.65% 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 2010 was $48,446, which is wealthy relative to Massachusetts and the nation. This equates to an annual income of $193,784 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, German, English, Italian, Polish and Russian.
Foreign born people are also an important part of Cambridge's cultural character, accounting for 28.15% of the city’s population.
The languages spoken by people in Cambridge are also diverse. These are tabulated as the languages people preferentially speak when they are at home with their families. The most common language spoken in Cambridge is English. Other important languages spoken here include Spanish, Chinese, French Creole and Portuguese.
|NUMBER OF HOMES AND APARTMENTS||44,013|
|CAMBRIDGE HOME OWNERSHIP|
|% OWNER OCCUPIED||30.57%|
|% RENTER OCCUPIED||69.43%|
|TYPE OF CAMBRIDGE HOMES|
|SINGLE FAMILY DETACHED||9.23%|
|ROWHOUSES AND ATTACHED HOMES||6.27%|
|SMALL APARTMENT BUILDINGS||31.42%|
|COMPLEXES OR HIGH RISE APARTMENTS||52.98%|
|SIZE OF CAMBRIDGE HOMES|
|5 OR MORE BEDROOMS||3.45%|
|AGE OF CAMBRIDGE HOMES|
|NEWER HOMES (2000 OR LATER)||8.97%|
|ESTABLISHED, BUT NOT OLD HOMES (1970-1999)||19.67%|
|WELL-ESTABLISHED, OLD HOMES (1940-1969)||17.44%|
|HISTORIC (1939 OR BEFORE)||53.92%|
|CAMBRIDGE REAL ESTATE INFORMATION||DETAILS|
|MEDIAN HOME VALUE||$621,710|
|MEDIAN RENTAL PRICE||$2,117|
|HOME VALUE RANGE|
|$0 - $58,000||1.25%|
|$58,001 - $117,000||0.50%|
|$117,001 - $234,000||2.50%|
|$234,001 - $350,000||6.20%|
|$350,001 - $467,000||16.23%|
|$467,001 - $584,000||17.67%|
|$584,001 - $876,000||26.92%|
|$876,001 - $1,168,000||13.81%|
|PEOPLE OF CAMBRIDGE||DETAILS|
|UNDER 5 YEARS||4.28%|
|5 TO 17||7.60%|
|18 TO 24||20.64%|
|25 TO 34||27.43%|
|35 TO 54||20.57%|
|55 TO 64||8.71%|
|65 YEARS AND OVER||10.76%|
|EDUCATIONAL ATTAINMENT OF ADULTS|
|HIGH SCHOOL GRADUATES||93.91%|
|MEDIAN HOUSEHOLD INCOME||$75,909|
|PER CAPITA INCOME||$48,446|
|INDIVIDUALS BELOW POVERTY LEVEL||15.01%|
|INDUSTRIES PEOPLE WORK IN||Education (28.89%)
Professional, scientific, and technical services (18.20%)
Information Technology (3.60%)
Public Service (3.23%)
|BLACK OR AFRICAN AMERICAN||11.11%|
|AMERICAN INDIAN AND ALASKA NATIVE||0.19%|
|NATIVE HAWAIIAN AND OTHER PACIFIC ISLANDERS||0.04%|
|SOME OTHER RACE ALONE||2.02%|
|TWO OR MORE RACES||4.36%|
|HISPANIC OR LATINO (OF ANY RACE)||7.41%|
|ETHNICITIES PRESENT||Irish (13.75%)
|LANGUAGES SPOKEN||English (68.00%)
French Creole (2.26%)
African languages (2.06%)
Indic languages (1.02%)
Get matched with a pre-screened, customer-rated real estate agent and receive up to $2,000 or more when you buy or sell.
Get the Ultimate Agent…
We screen Real Estate Professionals according to rigorous sales and service benchmarks, and we constantly survey our customers to make sure that Brokers in our elite network are meeting your highest standards. We guarantee it.†
…Plus a Cash Award
How much cash could I get?
Select an option below. You'll hear from us within 1 business hour.
Copyright © 2000-2016 Location Inc®. All the trademarks displayed on this page are the property of Location, Inc®. The NeighborhoodScout® search engine is covered under US Patents No. 7,043,501 and 7,680,859. Our nationally-comparable school ratings are covered under US Patent No. 8,376,755. Other US patent applications are currently pending.