Cambridge, NE

Full City Profile · Nebraska · Red Willow County County

4.3 /5.0
A Great
1,036 Population 779/sq mi density
$60,066 Median Income $39,412 per capita
$104,800 Home Value $156,781 Zillow
$731 Median Rent 27.5% income on rent
51°F Avg Temperature
A
Overall
4.3 / 5.0
Strong
A
Economy
4.2 / 5.0
$60,066 median income, 0.0% unemployment
A+
Affordability
5.0 / 5.0
$104,800 home value, $731/mo rent
B+
Education
3.6 / 5.0
32.0% bachelor's degree or higher

Cambridge, NE

At a Glance

Median Income
$60,066
20% below
$39,412 per capita
Home Value
$104,800
63% below
Zillow: $156,781
Median Rent
$731/mo
37% below
27.5% of income on rent
Bachelor's Degree+
32.0%
5% below
92.2% high school+
Unemployment
0.0%
100% below
4.5% poverty rate
Obesity Rate
44.9%
40% above
16.1% smoking rate
Avg Temperature
51°F

How Cambridge Compares to the U.S. Average

Each bar shows Cambridge's value as a percentage of the national average (100% = U.S. avg)

Income
80%
Home Value
37%
Rent
63%
Poverty
36%
Bachelor's
95%
Unemployment
0%
Thin vertical line = U.S. national average (100%)

Is Cambridge a Good Place to Live?

A
4.3 / 5.0 - Great
Based on economy, affordability, safety, and education metrics compared to national averages.

Economy & Jobs

Cambridge residents earn a median household income of $60,066 , which is 20% below the national average of $75,149. Per capita income is $39,412. The unemployment rate stands at 0.0% (100% below the U.S. rate of 3.6%). 4.5% of residents live below the poverty line. The area is home to 445 business establishments, including 35 restaurants.

Housing & Cost of Living

The median home value in Cambridge is $104,800 , 63% below the national median of $281,900. Zillow estimates the typical home at $156,781. Median rent is $731/month, with 27.5% of renters spending more than 30% of income on housing. The cost of living index is 90.1 (100 = national average). The median home was built in 1952.

Education

32.0% of adults in Cambridge hold a bachelor's degree or higher (5% below the national average). 92.2% have completed high school. Local schools score 6.3/10 in standardized testing.

Climate & Weather

Cambridge has an average annual temperature of 51°F (11°C). Winters average 27°F in January while summers reach 76°F in July. Annual precipitation totals 23.4 inches.

Data Overview

People

Population1,036
Median Age43.4 yrs
Density779/mi²
Male / Female48% / 52%
Foreign Born0.6%
Veterans6.9%

Economy

A
Median Income$60,066
Per Capita$39,412
Unemployment0.0%
Poverty4.5%
County GDP$737M
Avg Weekly Wage$914

Housing

A+
Home Value$104,800
Rent$731
Ownership86.3%
Zillow$156,781
Housing Units563
Rent Burden27.5%

Health

Obesity44.9%
Diabetes9.9%
Smoking16.1%
Heart Disease5.8%
Premature Death9,044/100K

Climate

Avg Temp51°F
Rain23.4 in/yr
Elevation2,272 ft

Education

B+
Bachelor's+32.0%
High School+92.2%
Graduate+5.3%
School Score6.3/10

Community

2024 VoteR 84% / D 15%
Commute17 min
Broadband78.0%
Internet Speed39 Mbps
EV Stations1
Libraries3

Did You Know?

The median home in Cambridge was built in 1952.
The nearest airport is Mc Cook Ben Nelson Regional (23 miles).
The Gini coefficient (income inequality) is 0.466 (U.S. avg: 0.490).
Natural hazard risk is rated "Very Low" by FEMA.
16.3% of the population has a disability.
The county recorded 3 fatal vehicle crashes.
91 declared natural disasters on record.