What is the average income in Cambridge?

In Cambridge, MA, the median household income is around $126,469 (2019-2023 data), while the average household income is higher at approximately $178,202, reflecting a significant wealth disparity. Per capita income is about $76,789, and many households, especially those with members aged 25-64, earn considerably more, though incomes vary significantly by age and demographics, with younger households starting lower and older ones potentially lower if retired.

What is a good salary in Cambridge?

Ranking Salary in Cambridge, MA

$89.3K is the 25th percentile. Wages below this are outliers. The median wage is $133.2K / yr. $161.1K is the 75th percentile.

Is Cambridge, MA a wealthy area?

Yes, Cambridge, MA, is a wealthy city, known for high incomes, especially among its large population of young professionals and academics from institutions like Harvard and MIT, with very high median household incomes, expensive housing, and a thriving innovation economy that attracts affluent residents, even though it also experiences income inequality. 

What is the average household income in Cambridge?

Income of Cambridge households and families in the past 12 months in 2023 inflation-adjusted dollars, from the 2019-2023 ACS: Median household income: $126,469.

Is Cambridge expensive to live in?

Living in Cambridge is generally more expensive than many other UK cities. This is due to the strong demand for housing and the city's reputation as a global hub for academic accomplishment and technological innovation. Most notably, one of the biggest increases in living costs in Cambridge is rent and property prices.

What Is The Average Income In Cambridge Bay? - Polar Regions Uncovered

What is the average house price in Cambridge?

Average house price in Cambridge was £496,000 in October 2025. The provisional average house price in Cambridge in October 2025 was £496,000. This was slightly lower than the average of £506,000 in October 2024 (revised), a 2.0% fall.

Where do the rich live in Cambridge?

Newnham. A short distance from the city centre to the south west, Newnham is home to several Cambridge University colleges. The area has a lovely village feel, despite its close proximity to the city centre and is considered one of Cambridge's most affluent suburbs.

What's the richest town in MA?

The richest town in Massachusetts is consistently cited as Dover, known for its high median household income and "old money" status, though other affluent communities like Weston, Sherborn, Wellesley, and Lexington also rank high, often appearing together on lists for their significant wealth and exclusive lifestyles. Recent data highlights Wellesley and other Boston suburbs as extremely wealthy, with Dover often leading in median household income, according to various studies.
 

Is $100,000 a good salary in Boston?

Yes, $100k is a decent salary in Boston for a single person if you're mindful of expenses (roommates, public transit), but it becomes tight for a comfortable solo life and difficult for a family, as Boston has a very high cost of living, especially for housing and childcare, with some studies showing it's not enough for a family of three to cover basics. For a single person, it generally covers essentials and allows for some savings, but living alone in a nice apartment can quickly deplete funds. 

What is the racial makeup of Cambridge?

Cambridge is a diverse city, with people from many different ethnic groups. 74.6% of residents are White (53.0% of residents are White British) and 14.8% are Asian. Mixed ethnic groups make up 5.1% of the city's residents and 2.4% are from a Black ethnic group. Within these ethnic groups there are many sub-groupings.

Where is the nicest but cheapest place to live near Massachusetts?

For the nicest yet cheapest places near Massachusetts, look to Western MA (North Adams, Springfield, Chicopee, Pittsfield) for great value, outdoor access, arts, and lower costs; Central MA (Leominster, Millbury area) for family-friendly suburban feel with good schools; and nearby New Hampshire (Portsmouth) for a coastal vibe with cultural perks, though often pricier than Western MA, offering a mix of amenities and affordability compared to Boston. 

What are the downsides of living in Cambridge, MA?

CONS

• Densely populated. Cambridge is home to over 116,000 residents, according to the US Census Bureau. ...
• High rents and home prices. The real estate prices are high compared to most places in Massachusetts, but cheaper than Boston. ...
• Difficulty with finding parking.

What salary is considered middle class in MA?

In Massachusetts, the middle-class income range is roughly $66,000 to $200,000 annually, defined as two-thirds to double the state's median household income, though affordability varies greatly by location, with lower incomes struggling in high-cost areas like Boston. While this broad range applies statewide, achieving a traditional middle-class lifestyle (homeownership, stability) within it, especially at the lower end, has become increasingly difficult due to the state's high cost of living.
 

Is $70,000 enough to live in Boston?

Yes, $70k is enough to live in Boston as a single person, but it requires careful budgeting, prioritizing roommates, and using public transit to manage high housing costs, making it tight for comfort but feasible for survival and modest savings, though not ideal for thriving without roommates. Living alone on this salary will be very challenging, with little left over after essentials like rent (which can easily eat up half your take-home pay). 

How wealthy is Cambridge, MA?

In the year of 2023, Cambridge, MA had a population of 118k people with a median age of 30.5 and a median household income of $126,469.

What is the ethnicity of Cambridge Massachusetts?

Racial distribution of Cambridge population: 57.53% are white, 10.54% are Black or African American, ..more. Cambridge, MA population by race. The largest racial group in Cambridge is White with a population of 67,767 (57.53% of the total population).

What is the upper class salary in Boston?

While ZipRecruiter is seeing salaries as high as $115,614 and as low as $21,410, the majority of Upper Class salaries currently range between $41,749 (25th percentile) to $72,794 (75th percentile) with top earners (90th percentile) making $92,063 annually in Boston.

How rare is a 100k salary?

Making $100k a year is less rare than it used to be, but still puts you above the median earner, though it varies significantly by individual vs. household income, location, and demographics; roughly 18-20% of individuals earn over $100k, while over 30-40% of households do, placing it in the top fifth of individuals but a more comfortable, above-average spot for households, especially in lower-cost areas. 

Can you live comfortably on $90,000 a year?

A salary of $90,000 is substantially higher than the national median household income, so yes, it's a good salary for a single person. Exactly how good depends on where you live, as the cost of living varies significantly across the U.S.

What is the nicest city in Massachusetts?

Buying or selling a home?

• Newton, MA. #1 in Best Places to Live in Massachusetts. ...
• Waltham, MA. #2 in Best Places to Live in Massachusetts. ...
• Somerville, MA. #3 in Best Places to Live in Massachusetts. ...
• Brookline, MA. #4 in Best Places to Live in Massachusetts. ...
• Cambridge, MA. ...
• Pittsfield, MA. ...
• Malden, MA. ...
• Worcester, MA.

What is the poorest town in Massachusetts?

Per the list, Ware was named the poorest town in Massachusetts with a population of 6,339 people. Residents of Ware make a median household income of $43,783 per year compared to the state's annual median household income of $89,026. 16.8 percent of Ware households are receiving government aid.

Who is the most famous person in Cambridge?

10 Famous People You Didn't Realise Were Cambridge Alumni!

• Charles Darwin. So, coming in at number one is this guy called Charles Darwin… ...
• Isaac Newton. Sir Isaac Newton is of course widely recognised as one of the most influential scientists of all time. ...
• Stephen Hawking. ...
• David Attenborough. ...
• Alan Turing. ...
• Prince Charles.

What is the nicest part of Cambridge?

Chesterton, just north of the city centre, offers a more tranquil living experience while maintaining proximity to the city's amenities. You'll find picturesque homes and a strong sense of community, making it an excellent choice for families and those looking for a peaceful, family-friendly neighbourhood.

Where to live if working in Cambridge, MA?

The Best Cambridge Neighborhoods | Where to Live in Cambridge (...

• MIT – Massachusetts Institute of Technology in Cambridge.
• Agassiz-Harvard – Cambridge's Ivy League University Neighborhood.
• Cambridgeport – Southern Community Along the River.
• Riverside – Great Cambridge Neighborhood for Families.