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Economy in Cambridge, Massachusetts

Overview, People, Health, Economy, Housing, Rankings, Climate
Crime, Comments, Transportation, Cost of Living, Religion, Voting

EconomyCambridge, MAUnited States
Unemployment Rate5.10%8.60%
Recent Job Growth0.05%0.35%
Future Job Growth35.00%32.10%
Sales Taxes5.00%5.00%
Income Taxes5.30%4.70%
Income per Cap.$40,794$26,154
Household Income$62,466$50,935
ESTIMATED HOUSEHOLDS BY HOUSEHOLD INCOME
Income Less Than 15K11.84%12.37%
Income between 15K and 25K8.33%10.53%
Income between 25K and 35K8.00%10.88%
Income between 35K and 50K12.72%15.37%
Income between 50K and 75K16.94%20.14%
Income between 75K and 100K13.06%12.41%
Income between 100K and 150K15.09%11.27%
Income between 150K and 250K9.48%5.01%
Income between 250K and 500K4.19%1.86%
Income greater than 500K0.37%0.16%
POPULATION BY OCCUPATION
Management, Business, and Financial Operations18.53%14.04%
Professional and Related Occupations48.77%20.61%
Service8.99%14.45%
Sales and Office17.29%26.75%
Farming, Fishing, and Forestry0.06%0.70%
Construction, Extraction, and Maintenance2.15%9.42%
Production, Transportation, and Material Moving4.20%14.05%


Median Household Income

The unemployment rate in Cambridge, MA, is 5.10%, with job growth of 0.05%. Future job growth over the next ten years is predicted to be 35.00%.

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 $40,794, which includes all adults and children. The median household income is $62,466.


Cambridge Economy SperlingViews

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