Living in Cambridge City, Indiana
Cost of living, income, home prices, rent and demographics of Cambridge City · Census data 2020–2024
Cambridge City has 1,657 residents with a median age of 34.8. The median household income is $51,071 (29% lower than the Indiana median), the median home value is $103,100, the median rent is $788/month.
Cambridge City at a glance
- Population
- 1,657
- Median age
- 34.8State: 38.1
- Median household income
- $51,071State: $71,957
- Median home value
- $103,100State: $218,200
- Median rent
- $788/moState: $1,062
- Homeowners
- 69.3%
- Bachelor's degree or higher
- 15.8%
- Average commute
- 25 min
Is Cambridge City a good place to live?
Pros: Home values 53% lower than the state median.
Cons: Median household income 29% lower than the Indiana median; an average commute of 25 minutes; unemployment of 4.7%; a poverty rate of 19.9%.
The weather is best in June to September.
Cost of living in Cambridge City
Housing is the biggest part of the cost of living. In Cambridge City the median home value is $103,100, 69% lower than the U.S. median. Renters pay a median of $788 per month, which is 34.1% of household income. Homeowners with a mortgage pay $1,003 a month in housing costs.
Cambridge City median household income
The median household income in Cambridge City is $51,071 and the income per person is $35,183. 19.9% of residents live below the poverty line (Indiana: 12.3%).
Housing in Cambridge City: homes for sale and rent
- Housing units
- 876
- Owner-occupied
- 69.3%
- Renter-occupied
- 30.7%
- Vacant
- 15.3%Includes seasonal homes
- Median year built
- 1951
- Average household size
- 2.23
Cambridge City demographics
- Population
- 1,657
- Median age
- 34.8
- Under 18
- 25%
- 65 and older
- 18.6%
- Households
- 742
- Foreign-born
- 0.8%
- Veterans
- 12.6%Adults 18+
Hispanic or Latino can be of any race. Population history of Cambridge City ›
Education in Cambridge City
15.8% of adults 25 and older in Cambridge City have a bachelor's degree or higher (Indiana: 29.5%), and 2.6% have a graduate or professional degree.
Jobs and commute in Cambridge City
- Unemployment rate
- 4.7%State: 4.3%
- Average commute
- 25 minState: 24 min
- Work from home
- 2.2%
- Drive alone
- 88.5%
- Public transit
- 0%
- Walk to work
- 1.5%
- Homes with broadband
- 83.3%
Cambridge City vs nearby towns
| Town | Population | Median income | Home value | Rent |
|---|---|---|---|---|
| Cambridge City | 1,657 | $51,071 | $103,100 | $788 |
| East Germantown | 229 | $45,179 | $95,400 | $940 |
| Dublin | 870 | $51,406 | $97,700 | $714 |
| Milton | 323 | $47,083 | $83,900 | $686 |
| Straughn | 229 | $73,125 | $112,000 | $1,708 |
| Hagerstown | 1,642 | $56,484 | $119,600 | $661 |
| Greens Fork | 436 | $74,875 | $96,300 | $1,063 |
| Centerville | 2,772 | $49,688 | $149,200 | $839 |
| Lewisville | 282 | $50,208 | $114,300 | $875 |
More for people moving to Cambridge City
Cambridge City ZIP code ›Weather and climate ›Living in Cambridge City: FAQ
What is the median household income in Cambridge City, IN?
The median household income in Cambridge City is $51,071, 29% lower than the Indiana median of $71,957 (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
What is the average home price in Cambridge City?
The median home value in Cambridge City is $103,100, compared with $218,200 in Indiana.
How much is rent in Cambridge City?
The median gross rent in Cambridge City is $788 per month, about 34.1% of household income.
Is Cambridge City, IN a good place to live?
Pluses: home values 53% lower than the state median. Minuses: median household income 29% lower than the Indiana median; an average commute of 25 minutes; unemployment of 4.7%; a poverty rate of 19.9%.
What is the median age in Cambridge City?
The median age in Cambridge City is 34.8 years (Indiana: 38.1).
How long is the commute in Cambridge City?
The average commute to work in Cambridge City is 25 minutes; 2.2% of workers work from home.
What is the unemployment rate in Cambridge City?
The unemployment rate in Cambridge City is 4.7% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is Cambridge City?
15.8% of adults in Cambridge City have a bachelor's degree or higher.
Source: U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024 (margins of error apply, especially in small towns). Figures are in 2024 dollars.
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