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Cambridge, Massachusetts Mortgage and Housing Information
Population: 101,355
Data Source:US Census Bureau. All figures are from year 2000 unless otherwise noted.
Value of Houses and Condos
| U.S. | Massachusetts | Cambridge | |
|---|---|---|---|
| Median home value in year 2006 | $185,200 | $370,400 | $587,300 |
Monthly Owner Costs
| U.S. | Massachusetts | Cambridge | |
|---|---|---|---|
| With a mortgage | $1,402 | $1,925 | $2,307 |
| Without a mortgage | $399 | $616 | $802 |
Ownership of Houses and Condos
| Mortgage Type | Number of Houses and Condos | Percent of total |
|---|---|---|
| Without a mortgage | 5,261 | 32.9% |
| First Mortgage Only | 7,953 | 49.8% |
| Second Mortgage and/or Home Equity Loan | 2,755 | 17.3% |
| Total | 15,969 | 100% |
Tenancy in Cambridge
| Owner-occupied homes | 15,969 |
|---|---|
| Renter-occupied homes | 25,007 |
| Homes for sale | 971 |
| Homes for rent | 771 |
| Total | 45,006 |
Age of Cambridge Residents
| Males | 29 |
|---|---|
| Females | 31 |
Income
| U.S. | Massachusetts | Cambridge | |
|---|---|---|---|
| Median Earnings | $27,239 | $32,711 | $28,684 |
| Median Earnings, Males | $32,396 | $40,907 | $30,114 |
| Median Earnings, Females | $22,097 | $26,662 | $26,860 |
Males earn $3,254 (12.1%) more than Females in Cambridge.
Commuting in Cambridge
| Means of Transport | Number of People |
|---|---|
| Car, solo | 19,239 |
| Carpooled | 2,942 |
| Public Transit | 13,776 |
| Bicycle | 2,143 |
| Walking | 13,409 |
| Other Means | 548 |
| Total, Commuted | 52,057 |
| Worked from home | 2,902 |
| Total | 54,959 |
Time Spent Commuting in Cambridge
| Time spent in minutes | Number of People |
|---|---|
| Less than 5 | 1,500 |
| 5-9 | 5,122 |
| 10-14 | 7,897 |
| 15-19 | 8,129 |
| 20-24 | 7,635 |
| 25-29 | 3,347 |
| 30-34 | 8,817 |
| 35-39 | 1,576 |
| 40-44 | 2,075 |
| 45-59 | 3,811 |
| 60-89 | 1,460 |
| Over 90 | 688 |
Education
| Level | Number of Males | Percent of Males | Number of Females | Percent of Females |
|---|---|---|---|---|
| Some College | 2,608 | 8.3% | 2,208 | 7.0% |
| Associate Degree | 1,095 | 3.5% | 1,284 | 4.1% |
| Bachelor's Degree | 9,164 | 29.2% | 7,743 | 24.7% |
| Master's Degree | 6,599 | 21.1% | 7,712 | 24.6% |
| Professional Degree | 2,317 | 7.4% | 2,650 | 8.5% |
| Doctorate Degree | 4,633 | 14.8% | 2,668 | 8.5% |
| Total (at least some college) | 26,416 | 84.3% | 24,265 | 78.2% |
| Total over 25 | 31,331 | 100% | 31,010 | 100% |
Comments on Cambridge
Latest comment on Cambridge
July 23rd, 2008
Home to some of the smartest people in the world
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July 23rd, 2008
Home to some of the smartest people in the world
– Unregistered User
July 11th, 2008
Cambridge has a great atmosphere and active nightlife because of the student culture. It’s also in the oldest part of the U.S., so this is the place to go for a dose of some awesome architecture!
– Per