A mid-size city in Massachusetts, Cambridge has just under 111,000 residents. Young adults aged 15-24 will fit right in, as they account for an above-average percentage of the population, though young professionals also outpace national averages. Overall, the city's population, at an average age of just over 35, is decidedly younger than most cities in Massachusetts, ranking as the 10th-youngest municipality in the state. The majority of Cambridge residents rent, and 36% of residents own their homes despite a relatively high average rent compared to the state average of $1,218 a month.
With an average commute time of about 28 minutes, outperforming most cities in the state, Cambridge residents have found that traveling to work isn't overly time-consuming. Many residents (18%) drive to work, while public transportation is used by only 17% of the city. Walking (14%) isn't a common method of commuting to work, though the number is much higher than the national average.
There are three primary industries in Cambridge: education, scientific, and healthcare. Combined, these industries make up 36% of the labor force in the city. Meanwhile, in terms of job function, many of the city's residents work in management, which ranks as the top profession in the city. With an average annual income of about $103,000, Cambridge workers earn more than the average Massachusetts resident. The city's average income also compares favorably to the national average ($73,345). Compared to the national average (7%), Cambridge has a large concentration of residents older than 25 who have advanced degrees, as 27% have earned a Master's degree or a Doctorate. Further, 20% have a Bachelor's degree, which also outpaces the national average.