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Economy in Cambridge, Minnesota

Overview, People, Health, Economy, Housing, Rankings, Crime
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Economy
EconomyCambridge, MNUnited States
Unemployment Rate10.00%9.10%
Recent Job Growth-0.65%-0.12%
Future Job Growth28.70%31.25%
Sales Taxes6.50%6.80%
Income Taxes7.85%6.25%
Income per Cap.$24,801$27,067
Household Income$45,306$52,954
ESTIMATED HOUSEHOLDS BY HOUSEHOLD INCOME
Income Less Than 15K13.00%12.10%
Income between 15K and 25K13.06%10.18%
Income between 25K and 35K12.62%10.56%
Income between 35K and 50K16.72%14.98%
Income between 50K and 75K21.49%19.53%
Income between 75K and 100K11.71%12.52%
Income between 100K and 150K6.97%12.14%
Income between 150K and 250K1.29%3.91%
Income between 250K and 500K2.43%3.34%
Income greater than 500K0.69%0.75%
POPULATION BY OCCUPATION
Management, Business, and Financial Operations10.36%13.81%
Professional and Related Occupations26.28%22.68%
Service8.28%14.51%
Sales and Office24.75%25.22%
Farming, Fishing, and Forestry0.00%0.68%
Construction, Extraction, and Maintenance12.07%9.37%
Production, Transportation, and Material Moving20.20%15.86%
Median Household Income

The unemployment rate in Cambridge, MN, is 10.00%, with job growth of -0.65%. Future job growth over the next ten years is predicted to be 28.70%.

Cambridge, MN Taxes

Cambridge, MN,sales tax rate is 6.50%. Income tax is 7.85%.

Cambridge, MN Income and Salaries

The income per capita is $24,801, which includes all adults and children. The median household income is $45,306.


Cambridge Economy SperlingViews

terrible place : cambridge is small but growing in size... There school district is not good. not a big fan. i like the basketball coaches but the football coaches dont know what there... (read more)Avoid like th e plague: Amongst the high taxes and poor services, the corrupt police now deem it their responsibility to enforce home owner association style rules and tactics against its... (read more)Have an opinion about Cambridge? Leave a commentTo See All SperlingViews for Cambridge Click Here