Living in Cambridge, Maine
Cost of living, income, home prices, rent and demographics of Cambridge · Census data 2020–2024
Cambridge has 532 residents with a median age of 38.7. The median household income is $63,194 (15% lower than the Maine median), the median home value is $214,900.
Cambridge is a small town, so Census survey estimates have wide margins of error. Treat percentages as approximate.
Cambridge at a glance
- Population
- 532
- Median age
- 38.7State: 44.8
- Median household income
- $63,194State: $74,733
- Median home value
- $214,900State: $296,600
- Homeowners
- 93.1%
- Bachelor's degree or higher
- 22.1%
- Average commute
- 41 min
Is Cambridge a good place to live?
Pros: Home values 28% lower than the state median.
Cons: Median household income 15% lower than the Maine median; an average commute of 41 minutes; unemployment of 4.3%; a poverty rate of 14.1%.
The weather is best in June to September.
Cost of living in Cambridge
Housing is the biggest part of the cost of living. In Cambridge the median home value is $214,900, 35% lower than the U.S. median. Renters pay a median of — per month. Homeowners with a mortgage pay $1,625 a month in housing costs.
Cambridge median household income
The median household income in Cambridge is $63,194 and the income per person is $34,554. 14.1% of residents live below the poverty line (Maine: 10.7%).
Housing in Cambridge: homes for sale and rent
- Housing units
- 279
- Owner-occupied
- 93.1%
- Renter-occupied
- 6.9%
- Vacant
- 17.2%Includes seasonal homes
- Median year built
- 1983
- Average household size
- 2.30
Cambridge demographics
- Population
- 532
- Median age
- 38.7
- Under 18
- 19.2%
- 65 and older
- 18.6%
- Households
- 231
- Foreign-born
- 3%
- Veterans
- 10.2%Adults 18+
Hispanic or Latino can be of any race. Population history of Cambridge ›
Education in Cambridge
22.1% of adults 25 and older in Cambridge have a bachelor's degree or higher (Maine: 36.2%), and 3.3% have a graduate or professional degree.
Jobs and commute in Cambridge
- Unemployment rate
- 4.3%State: 3.8%
- Average commute
- 41 minState: 25 min
- Work from home
- 1.7%
- Drive alone
- 90.9%
- Public transit
- 0%
- Walk to work
- 1.2%
- Homes with broadband
- 92.2%
Cambridge vs nearby towns
| Town | Population | Median income | Home value | Rent |
|---|---|---|---|---|
| Cambridge | 532 | $63,194 | $214,900 | — |
| Ripley | 436 | $64,821 | $144,300 | $1,091 |
| Parkman | 896 | $54,231 | $168,900 | — |
| Harmony | 974 | $54,063 | $202,700 | — |
| Wellington | 161 | $44,519 | $133,700 | — |
| Dexter | 3,822 | $51,845 | $170,600 | $838 |
| St. Albans | 1,831 | $65,600 | $194,000 | $1,056 |
| Sangerville | 1,136 | $50,313 | $124,000 | $850 |
| Abbot | 584 | $58,542 | $171,200 | $1,111 |
More for people moving to Cambridge
Cambridge ZIP code ›Weather and climate ›Living in Cambridge: FAQ
What is the median household income in Cambridge, ME?
The median household income in Cambridge is $63,194, 15% lower than the Maine median of $74,733 (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
What is the average home price in Cambridge?
The median home value in Cambridge is $214,900, compared with $296,600 in Maine.
Is Cambridge, ME a good place to live?
Pluses: home values 28% lower than the state median. Minuses: median household income 15% lower than the Maine median; an average commute of 41 minutes; unemployment of 4.3%; a poverty rate of 14.1%.
What is the median age in Cambridge?
The median age in Cambridge is 38.7 years (Maine: 44.8).
How long is the commute in Cambridge?
The average commute to work in Cambridge is 41 minutes; 1.7% of workers work from home.
What is the unemployment rate in Cambridge?
The unemployment rate in Cambridge is 4.3% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is Cambridge?
22.1% of adults in Cambridge 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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