Cost Of Living
The overall cost of living in this area is much lower than average. This includes everyday goods and services, as well as housing, utilities and health care.
Crime
With a lower than average crime rate per 100,000 people, this area could be considered a very safe place to live. Crime rates are based on both violent and property crimes.
Housing
This area has received high scores in the housing category. This could be due to a positive home affordability ratio, high appreciation rates or elevated home values.
Health & Safety
A high score in the health and safety category is a result of good air quality and the accessibility to health facilities such as hospitals, clinics, doctors, pharmacies and fire stations.
Ratings
Local residents have positive things to say about the proximity of restaurants, grocery stores, parks, public transit, friendliness of neighbors, sense of community and overall safety of the area.
Amenities
A majority of amenities are not ideally situated within a reasonable walking distance, which may lead residents to rely on a vehicle or public transportation.
Commute
Public transportation is not readily available in this area and the average commute time to work could also be longer than the national average.
Cambridge is a small city located in the state of Minnesota. The city has a population of 9,290 inhabitants. 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. Long commute times to work can be incredibly frustrating, ranking just behind housework on the list of life's annoyances. If you opt to make Cambridge your home, your one-way commute time will typically last around 28 minutes, a duration that aligns with the national average commute time of 26 minutes.
If you’re considering relocating to any new city, it could be a very discouraging task. However, it could also be a fulfilling experience if you are willing to get to know the area before actually living in Cambridge, Minnesota. When searching for a new neighborhood, several key items should be considered. Safety is of utmost importance, ensuring a secure environment with low crime. Proximity to your workplace or school helps reduce commuting time and offers convenience. Access to amenities such as parks, grocery stores, and healthcare facilities enhances your daily life. Public transportation options contribute to easy mobility. A sense of community fosters a supportive and engaging environment. Lastly, the overall atmosphere should align with your desired lifestyle, ensuring a fulfilling living experience. Considering these items will guide you towards finding the perfect neighborhood that fits all your needs. With useful information like amenities, cost of living, health & safety, employment, housing and other key data points, finding the best places to live in Cambridge and in the areas around Cambridge is a much easier task.
Using data and statistics Cambridge has received a livability score of 73 out of 100. This score is ranked in the 83rd percentile when compared to all other cities. If we take a closer look at each of the categories individually, we see that Cambridge ranks well for crime (B-), cost of living (B+), employment (B-) and housing (A+). There are some categories that Cambridge scores poorly for, including: amenities (F). It might be worth taking a closer look to determine why.
Ensuring a sense of security is paramount for the majority of residents in any area. Low crime rates exert a positive influence on various aspects, including home prices, rates of home appreciation and the cultivation of positive community dynamics and social cohesion. In the case of Cambridge, it boasts a notably low violent crime rate of 65 crimes per 100,000 residents, which significantly outperforms the national average.
Unemployment rates can vary significantly among cities, impacting job prospects, wage levels and the overall economic health of an area. In Cambridge, the unemployment rate stands at 1.3%, suggesting increased job opportunities and a heightened demand for workers. This scenario can lead to higher wages, as the demand for employees outpaces job availability. Importantly, a low unemployment rate often signifies a robust and flourishing local economy.
For home buyers, real estate will be the largest purchase they will ever make and it will also be their most valuable asset. For renters, the monthly rent paid on their Cambridge apartments will most likely be their largest expense. Based on tangible metrics like home and rental affordability and appreciation rates, housing in this area has received a score that is well above the average of every other US city. A thriving real estate market can also generate strong local economic activity and job creation.
Being close to public transit, grocery stores, parks and other conveniences are all important when weighing your options for a new home in Cambridge. Before you determine if any of these amenities are available in the area, you will also want to know if the real estate prices in Cambridge are affordable. Median real estate prices in Cambridge come in at $306,138, which is 9.7% lower than the Minnesota 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 3.6, which is 2.7% lower than the Minnesota average.
| Statistic | Cambridge | Minnesota | National |
| Average one way commute | 28min | 23min | 26min |
| Workers who drive to work | 83.2% | 78.0% | 76.4% |
| Workers who carpool | 12.0% | 8.7% | 9.3% |
| Workers who take public transit | 0.0% | 3.5% | 5.1% |
| Workers who bicycle | 0.9% | 0.8% | 0.6% |
| Workers who walk | 1.5% | 2.8% | 2.8% |
| Working from home | 1.8% | 5.3% | 4.6% |
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