Is Cambridge a Good Place to Live?
Based on current data, Cambridge receives an overall livability score of 4.8 out of 5.0, earning a grade of A+. Key strengths include above-average household incomes, a highly educated population, affordable housing, a low poverty rate. Areas to be aware of include above-average unemployment. Cambridge stands out as an excellent place to live, with strong marks across most quality-of-life indicators.
Economy & Jobs
The median household income in Cambridge is $98,281, which is significantly higher than the national average — 31% above $75,149. This places Cambridge among higher-income communities. The unemployment rate of 5.9% is somewhat elevated compared to the national rate of 3.6%. Only 0.0% of residents live below the poverty line, well below the national rate of 12.4%. Workers commute an average of 16 minutes, shorter than most U.S. cities.
Cost of Living & Housing
The median home value in Cambridge is $229,200, 19% below the national median — offering relatively affordable homeownership. At just 2.3x median income, home prices are very affordable relative to local earnings.
Education
Cambridge is a highly educated community — 51.4% of adults hold a bachelor's degree or higher, well above the national average of 33.7%. 97.1% have completed high school. Area schools have an average test score of 5.5/10.
Climate & Weather
Cambridge enjoys a moderate climate with an average annual temperature of 58°F. Winters average 35°F in January while summers reach 79°F in July. Annual precipitation totals 48.1 inches. Air quality is rated Good with a median AQI of 41.