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2024 Compare Cities Economy:
Cambridge, MA vs New Bedford, MA

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Highlights
- Household income in New Bedford, is 55% less than it is in Cambridge and is 36% below the National Average.
- Cambridge unemployment rate is 3.7%.
- New Bedford unemployment rate is 10.2%.

Economy
 Cambridge, MANew Bedford, MAUnited States
 Unemployment Rate3.7%10.2%6.0%
 Recent Job Growth4.3%3.6%1.6%
 Future Job Growth42.4%32.7%33.5%
 Sales Taxes6.3%6.3%6.2%
 Income Taxes5.1%5.1%4.6%
 Income per Cap.$65,494$27,583$37,638
 Household Income$112,565$50,581$69,021
 Family Median Income$147,492$62,189$85,028
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 Est. Households By Income
 Cambridge, MANew Bedford, MAUnited States
 Income Less Than 15K9.8%15.4%9.4%
 Income between 15K and 20K2.3%5.7%3.8%
 Income between 20K and 30K4.1%10.6%8.1%
 Income between 30K and 40K4.0%9.5%8.0%
 Income between 40K and 50K4.2%8.1%7.6%
 Income between 50K and 60K4.1%7.4%7.2%
 Income between 60K and 75K6.6%8.5%9.6%
 Income between 75K and 100K10.3%13.2%12.8%
 Income between 100K and 150K17.6%13.3%16.3%
 Income between 150K and 200K12.7%5.1%7.8%
 Income greater than 200K24.4%3.1%9.5%
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 Population By Occupation
 Cambridge, MANew Bedford, MAUnited States
 Management, business, finance22.3%8.2%16.4%
 Engineering, computers, science25.2%3.5%6.5%
 Community, social services1.8%2.2%1.8%
 Legal2.5%0.6%1.2%
 Education, library16.8%4.6%6.2%
 Arts, design, media, sports, entertainment4.5%0.9%2.0%
 Healthcare practitioners and technology5.5%5.3%6.2%
 Healthcare support1.3%7.8%3.3%
 Firefighters, law enforcement0.6%2.5%2.1%
 Food preparation, serving2.1%6.7%5.4%
 Building maintenance0.9%5.0%3.6%
 Personal care1.8%2.1%2.6%
 Sales, office, administrative support10.5%20.4%20.9%
 Farming, fishing, forestry0.0%1.4%0.6%
 Construction, extraction, maintenance/repair1.5%10.5%8.1%
 Production, transportation, material moving2.9%18.3%13.1%

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Reviews for Cambridge    14 Reviews

Over 9 years ago

Cambridge is a great place to live. It is rather expensive, but has great access to Boston, schools and hospitals. There is a lot of construction underway that can be  More

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Need info on test results on tap or drinking water quality, 02139 Green St area.  More

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Home to both Harvard and MIT, Cambridge is the cornerstone of higher education. Residents are very intelligent and open to new ideas.   More

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Reviews for New Bedford    5 Reviews

Grew up here, returned here to assist family after lining/working South of Boston, San Diego, then North of Boston respectively. Outside of the quaint/Historic Downtown  More

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Over 12 years ago

Cold  More

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Over 14 years ago

While unemployment is always a problem here, this city is no worse than any other old Northeastern city. Yes, we do have crime and bad areas, just as any other city  More

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ZIPS IN CAMBRIDGE, MASSACHUSETTS
02138 02139 02140 02141 02142
ZIPS IN NEW BEDFORD, MASSACHUSETTS
02740 02745 02746 02744

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