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Cambridge, ON
Full City Profile · Ontario
Cambridge, ON
At a Glance
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)
Is Cambridge a Good Place to Live?
Economy & Jobs
Cambridge residents earn a median household income of $93,000 , which is 24% above the national average of $75,149. Per capita income is $48,960. The unemployment rate stands at 11.5% (219% above the U.S. rate of 3.6%). 8.2% of residents live below the poverty line. The area is home to 82 business establishments, including 38 restaurants.
Housing & Cost of Living
The median home value in Cambridge is $650,000 , 131% above the national median of $281,900. Median rent is $1,220/month, with 21.2% of renters spending more than 30% of income on housing.
Education
14.2% of adults in Cambridge hold a bachelor's degree or higher (58% below the national average). 31.2% have completed high school.
Climate & Weather
Cambridge has an average annual temperature of 48°F (9°C). Winters average 23°F in January while summers reach 70°F in July. The area gets 238 sunny days per year. Annual precipitation totals 34.2 inches.