![]() | Income |
Median household income is $127,781 and per capita income is $74,543 in Cambridge. Median income is well above the U.S. median income. Average household income is $176,389 per year. Cambridge's per capita income is well above the state of Massachusetts and the U.S. The percentage of households with an average income is 0.0%. Additionally, 43.5% of the population earns over $150,000. This area may be an ultra-rich area. A close review of the tapestry profiles for this area will give insight into general spending and behavior patterns of this population. The percentage of the population at poverty level (below $25,000) is 12.1% and is below Massachusetts and above the US poverty levels. The unemployment rate is low overall at 3.7%. White-collar professions account for 89.4% of employment. Service occupations comprise 6.5% of the employment base while blue-collar occupations make up 4.1% of the base.
|  | Table #2 Significant Demographic Characteristics - Page 3 |
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Demographic Analysis for Cambridge, Massachusetts
INCOME | | | |
Per capita income | $74,543 | $56,881 | $43,829 |
Median household income | $127,781 | $99,644 | $79,068 |
Average household income | $176,389 | $144,015 | $113,185 |
HOUSEHOLD INCOME BREAKDOWN | | | |
Less than $25,000 | 12.1% | 13.5% | 14.9% |
$25,000 - $34,999 | 3.1% | 5.3% | 6.7% |
$35,000 - $49,999 | 4.5% | 8.0% | 10.1% |
$50,000 - $74,999 | 10.3% | 12.2% | 15.7% |
$75,000 - $99,999 | 9.8% | 11.0% | 12.8% |
$100,000 - $149,999 | 16.6% | 17.7% | 17.6% |
$150,000 - $199,999 | 11.9% | 11.6% | 9.5% |
$200,000 or more | 31.6% | 20.6% | 12.6% |
$50,000 - $99,999 | 20.1% | 23.2% | 28.5% |
Number of Households $50,000 - $99,999 | 6,553 | 648,007 | 37,304,757 |
$35,000 - $149,999 | 41.3% | 48.9% | 56.2% |
Number of Households $35,000 - $149,999 | 13,444 | 1,363,961 | 73,487,840 |
EMPLOYMENT STATUS | | | |
Persons employed in labor force | 49,742 | 3,779,094 | 166,125,745 |
Unemployed civilians | 3.7% | 4.1% | 4.2% |
Workers By Occupation: | | | |
Management Occupations | 23.4% | 20.8% | 18.4% |
Professional Occupations | 57.6% | 31.8% | 25.6% |
Sales Occupations | 3.6% | 7.5% | 8.5% |
Admin Occupations | 4.7% | 8.5% | 10.1% |
Services | 6.5% | 15.5% | 16.4% |
All Other Occupations/Blue Collar | 4.1% | 16.0% | 21.0% |