Cambridge has a population of approximately 116,892 and experiences a population change rate of 15.33%. The population density is 18,284.4 / sq mi .
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Population
Household
The median household income for Cambridge is $112,565, with 47,777 households and an average household size of 2.09.
Home Value
The median value of a home in Cambridge is $914,400 with an appreciation rate of 10.60%. 30.71% of housing in the state is owned while 61.23% is rented.
Cost of Living
The cost of living in Cambridge is 202.7 %.
Employment
The unemployment rate in Cambridge is 1.70%, and recent job growth is at 1.19%. Future job growth is projected at 42.51%.
Taxes
The sales tax rate in Cambridge is 6.25%, while the income tax rate is 5.00% .
Education
School expenditures in Cambridge are $23,560, and the school ratio is 12:1.
Weather
The average high temperature in July is 82.3 degrees, with an average low temperature in January of 19.2 degrees. The average rainfall is approximately 48 inches per year, with 50 inches of snow per year.