Home / Select Cities  /  2024 Comparing Cambridge, MD vs. Richmond, VA

2024 Compare Cities Economy:
Cambridge, MD vs Richmond, VA

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Highlights
- Household income in Richmond, is 37% more than it is in Cambridge and is 26% below the National Average.
- Cambridge unemployment rate is 6.3%.
- Richmond unemployment rate is 7.1%.

Economy
 Cambridge, MDRichmond, VAUnited States
 Unemployment Rate6.3%7.1%6.0%
 Recent Job Growth-2.5%1.8%1.6%
 Future Job Growth18.5%37.1%33.5%
 Sales Taxes6.0%5.3%6.2%
 Income Taxes7.4%5.8%4.6%
 Income per Cap.$26,107$38,132$37,638
 Household Income$40,094$54,795$69,021
 Family Median Income$54,873$72,604$85,028
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 Est. Households By Income
 Cambridge, MDRichmond, VAUnited States
 Income Less Than 15K18.1%14.1%9.4%
 Income between 15K and 20K7.2%5.4%3.8%
 Income between 20K and 30K14.0%9.1%8.1%
 Income between 30K and 40K10.7%9.6%8.0%
 Income between 40K and 50K7.0%8.6%7.6%
 Income between 50K and 60K6.8%8.1%7.2%
 Income between 60K and 75K7.3%9.3%9.6%
 Income between 75K and 100K10.1%11.3%12.8%
 Income between 100K and 150K10.5%11.7%16.3%
 Income between 150K and 200K4.7%5.2%7.8%
 Income greater than 200K3.5%7.5%9.5%
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 Population By Occupation
 Cambridge, MDRichmond, VAUnited States
 Management, business, finance12.0%16.7%16.4%
 Engineering, computers, science5.4%7.1%6.5%
 Community, social services1.9%2.7%1.8%
 Legal2.1%1.9%1.2%
 Education, library4.3%6.9%6.2%
 Arts, design, media, sports, entertainment1.3%3.2%2.0%
 Healthcare practitioners and technology5.3%6.1%6.2%
 Healthcare support8.8%3.2%3.3%
 Firefighters, law enforcement1.7%2.7%2.1%
 Food preparation, serving8.6%6.9%5.4%
 Building maintenance4.7%4.0%3.6%
 Personal care4.5%3.1%2.6%
 Sales, office, administrative support17.6%19.1%20.9%
 Farming, fishing, forestry1.8%0.2%0.6%
 Construction, extraction, maintenance/repair4.8%6.0%8.1%
 Production, transportation, material moving15.5%10.2%13.1%

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Reviews for Cambridge    5 Reviews

Over 5 years ago

This city is a white male mecca, rampant racism and sexism are to be found here. Little else. Poor schools. No jobs. Large  More

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The politics and the taxes make living in Cambridge terrible. Property values are depressed because the taxes are too high. Not enough people paying heir own way or fair  More

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Over 15 years ago

Cambridge, Maryland offers many places to own a second home or retirement location with utilities and infrastructure to support many new people. Cambridge is about  More

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Reviews for Richmond    109 Reviews

Over 2 years ago

Lived here for a year and it’s not perfect but it’s constantly improving now (areas redevloped, more businesses, job growth). Cost of living is great compared to  More

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Over 3 years ago

We love Richmond so much that when we talk about where we'd like to live if we could live anywhere in the US, we always come back to RVA. We live in the city proper  More

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Over 3 years ago

I'm an out-of-towner but am coming up on 1 year in Richmond. I would summarize it this way: the best thing and the worst thing about Richmond is its location. I'll  More

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ZIPS IN CAMBRIDGE, MARYLAND
21613
ZIPS IN RICHMOND, VIRGINIA
23223, 23225, 23224, 23220, 23227, 23222, 23226, 23221, 23230, 23219, 11 total

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