Is Cambridge, Massachusetts a Good Place To Live? - Living In Cambridge, MA

Is Cambridge, Massachusetts a good place to live?
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.

A high school education is a basic prerequisite for most jobs, and in Cambridge, only 96% of adults have a high school diploma, compared to the 87.7% of adults nationwide. The unemployment rate of Cambridge remained 4%, which is 15% lower than national rate. Higher educational attainment can lead to improved job security and reduce the likelihood of financial insecurity. In Cambridge, only 79% of adults have a bachelor's degree and 10% have some college but no degree.

Cost of living in Cambridge is 172, which is 72% higher than national average. 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.
Population
117822
Unemployment
4%
15% NAT AVG.
Poverty
12%
14% NAT AVG.
Overall Score
9
Median Home Cost
$843100
267% NAT AVG.
Median Income
$107490
59% NAT AVG.
Median Rent
$2293
98% NAT AVG.
Cost Of Living
172
72% NAT AVG.
People Living BPL
1 in 8
Unemployed People
1 in 25
People Earning < $10,000
1 in 16
People Earning < $50,000
25.4%
People with <= High School
1 in 9.1
People With Any Degree
1 in 1.2
Pros & Cons Overview

Jobs85%

Housing100%

Affordability30%

Safety60%

Amenities100%

Diversity95%

Education95%

Commute60%