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Cambridge, ON
Full City Profile · Ontario
2.7
/5.0
C+
Fair
138,479
Population
3,174/sq mi density
$93,000
Median Income
$48,960 per capita
$650,000
Home Value
$1,220
Median Rent
21.2% income on rent
48°F
Avg Temperature
238 sunny days/yr
C+
Overall
2.7 / 5.0
Fair overall score based on economy, affordability, safety and education
B+
Economy
3.5 / 5.0
$93,000 median income, 11.5% unemployment
C+
Affordability
2.7 / 5.0
$650,000 home value, $1,220/mo rent
C+
Safety
2.5 / 5.0
C
Education
2.1 / 5.0
14.2% bachelor's degree or higher
Housing Overview
Median Home Value
$650,000
131% above
US avg: $281,900
Median Rent
$1,220/mo
5% above
US avg: $1,163/mo
Homeownership Rate
68.9%
5% above US avg (65.4%)
Total Housing Units
51,270
Ownership vs. Renting
68.9%
Owner-Occupied
31.1%
Renter-Occupied
US avg: 65.4% owner-occupied
Affordability & Housing Stock
Rent Burden
21.2%
of renters spending 30%+ of income on housing
32% below US avg (31.0%)
Homeownership Rate
68.9%
Complete Housing Data
Home Values
| Census Median Value | $650,000 |
Rent
| Census Median Rent | $1,220 |
Market
Ownership & Stock
| Owner-Occupied | 68.9% |
| Renter-Occupied | 31.1% |
| Homeownership Rate | 68.9% |
| Total Housing Units | 51,270 |
| Rent Burden | 21.2% |