Economy in Cambridge, Massachusetts
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Economy
| Unemployment Rate | 4.30% | 9.10% |
| Recent Job Growth | 0.39% | -0.12% |
| Future Job Growth | 36.48% | 31.25% |
| Sales Taxes | 5.00% | 6.80% |
| Income Taxes | 5.30% | 6.25% |
| Income per Cap. | $39,869 | $27,067 |
| Household Income | $64,126 | $52,954 |
| ESTIMATED HOUSEHOLDS BY HOUSEHOLD INCOME | | |
| Income Less Than 15K | 13.03% | 12.10% |
| Income between 15K and 25K | 7.92% | 10.18% |
| Income between 25K and 35K | 7.94% | 10.56% |
| Income between 35K and 50K | 11.93% | 14.98% |
| Income between 50K and 75K | 16.55% | 19.53% |
| Income between 75K and 100K | 12.14% | 12.52% |
| Income between 100K and 150K | 15.13% | 12.14% |
| Income between 150K and 250K | 6.58% | 3.91% |
| Income between 250K and 500K | 6.87% | 3.34% |
| Income greater than 500K | 1.91% | 0.75% |
| POPULATION BY OCCUPATION | | |
| Management, Business, and Financial Operations | 18.12% | 13.81% |
| Professional and Related Occupations | 51.28% | 22.68% |
| Service | 9.15% | 14.51% |
| Sales and Office | 16.78% | 25.22% |
| Farming, Fishing, and Forestry | 0.10% | 0.68% |
| Construction, Extraction, and Maintenance | 2.08% | 9.37% |
| Production, Transportation, and Material Moving | 4.21% | 15.86% |
The unemployment rate in Cambridge, MA, is 4.30%, with job growth of 0.39%. Future job growth over the next ten years is predicted to be 36.48%.
Cambridge, MA Taxes
Cambridge, MA,sales tax rate is 5.00%. Income tax is 5.30%.
Cambridge, MA Income and Salaries
The income per capita is $39,869, which includes all adults and children. The median household income is $64,126.
Cambridge Economy SperlingViews
Weather not so bad, job opportunities are great: Boston and Cambridge get a bad rap for being super cold, snowy, and expensive, but the truth is not nearly so bad.
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Oh, and also,... (read more)First Church of Cambridge, UCC: We found a great church in Cambridge - very open and all ages. This is one of my favorite things about living here. I also love being near the Charles... (read more)Have an opinion about Cambridge? Leave a commentTo See All SperlingViews for Cambridge Click Here
