Economy in Cambridge, Massachusetts
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| Unemployment Rate | 5.10% | 8.60% |
| Recent Job Growth | 0.05% | 0.35% |
| Future Job Growth | 35.00% | 32.10% |
| Sales Taxes | 5.00% | 5.00% |
| Income Taxes | 5.30% | 4.70% |
| Income per Cap. | $40,794 | $26,154 |
| Household Income | $62,466 | $50,935 |
| ESTIMATED HOUSEHOLDS BY HOUSEHOLD INCOME | | |
| Income Less Than 15K | 11.84% | 12.37% |
| Income between 15K and 25K | 8.33% | 10.53% |
| Income between 25K and 35K | 8.00% | 10.88% |
| Income between 35K and 50K | 12.72% | 15.37% |
| Income between 50K and 75K | 16.94% | 20.14% |
| Income between 75K and 100K | 13.06% | 12.41% |
| Income between 100K and 150K | 15.09% | 11.27% |
| Income between 150K and 250K | 9.48% | 5.01% |
| Income between 250K and 500K | 4.19% | 1.86% |
| Income greater than 500K | 0.37% | 0.16% |
| POPULATION BY OCCUPATION | | |
| Management, Business, and Financial Operations | 18.53% | 14.04% |
| Professional and Related Occupations | 48.77% | 20.61% |
| Service | 8.99% | 14.45% |
| Sales and Office | 17.29% | 26.75% |
| Farming, Fishing, and Forestry | 0.06% | 0.70% |
| Construction, Extraction, and Maintenance | 2.15% | 9.42% |
| Production, Transportation, and Material Moving | 4.20% | 14.05% |
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
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.
Having grown up in Texas, my first winter here I... (read more)Cambridge is Education Hub: Home to both Harvard and MIT, Cambridge is the cornerstone of higher education. Residents are very intelligent and open to new ideas. ... (read more)Cambridge Rules: While tourists in Harvard Square certainly are annoying, they are there to visit a symbol of what makes Cambridge great: its educational institutions.
Oh, and also,... (read more)Have an opinion about Cambridge? Leave a commentTo See All SperlingViews for Cambridge Click Here
