Cambridge, Massachusetts is a medium-sized city with a population of 108,757 residents. With a population density of 17,014 people per square mile, Cambridge is well above the nation's average density level. If we look at the most recent Census, Cambridge is known to have a predominantly White population. The next two most common races are Asian and Black. With an average age of 31 years old, Cambridge could be a great place to live for young adults as this age is well below the national average. If you are looking for a family friendly city, Cambridge might be a good fit as 74% of the population over 15 years old are married, and 60% have kids who are 18 years old or younger.
Whether you’re relocating to a new city to be closer to family, friends or for a new job, living in Cambridge could be a positive experience compared to other cities in Massachusetts if you know where to look. To help you find the best places to live in and around Cambridge, AreaVibes has created a livability score using key metrics like cost of living, education, housing and more.
Using data and statistics Cambridge has received a livability score of 76 out of 100. This score is ranked in the 84th percentile when compared to all other cities. Compared to the United States average, Cambridge ranks among some of the best places to live in the country! Based on the rankings for each individual category, Cambridge has received high marks for amenities (A+), crime (B-), education (A+), employment (B+) and housing (B-). Cambridge does not rank well for the following: cost of living (F). It might be a good idea to take a closer look at each category to find out why.
Certain items on your wish list like shopping, restaurants, nightlife and proximity to public transportation are all important factors to search for. Having said that, perhaps the most important metric to consider when contemplating a move to Cambridge is real estate affordability. Median real estate prices in Cambridge come in at $629,700, which is 84.7% higher than the Massachusetts average. The home price to income ratio compares the median home prices to the median household income. In Cambridge, the home price to income ratio is 7.6, which is 58.3% higher than the Massachusetts average. Year over year appreciation rates for homes in the Cambridge area were 5.5% and the 5 year appreciation rates came in at 10.1%. Why is this important? Knowing the appreciation rates for any area is a quick and easy way to determine if you will see a solid return on your investment.
|West Cambridge, Cambridge||75||1.1||8,854|
|North Cambridge, Cambridge||75||1.5||13,280|