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Cambridge Massachusetts Real Estate By Jennifer Hershey

Cambridge Massachusetts Real Estate

Cambridge, Massachusetts, is located in Middlesex County, of , and 3 miles NW of Boston, Massachusetts. Cambridge has a population of 101,355.

Cambridge Homes

Cambridge properties pool is 42,615 residential properties including Cambridge new homes. Median age of real estate in Cambridge is 1939. Average Household size is 2.83 people. 13% are one bedroom homes, 37% are 2 bedroom homes, 28% are 3 bedroom homes, 12% are 4 bedroom homes, and 9% are 5+ bedroom homes.

Cambridge Mortgage Statistics

Cambridge mortgages vs. USA median statistics

Homes Cambridge USA
Homes With No Mortgage 33%
30%
Homes With Mortgage 67%
70%
First Mortgage Only 54%
54%
First & Second Mortgage or HELOC 13%
16%

Cambridge Area Real Estate Tax

Cambridge Real estate Tax: Median Real Estate Taxes (2000) were $2,748 comparing to 1999 Median Family income $ 59,423. Compare to USA median yearly Real Estate Tax $1,300 and USA median Family Income $42,000 (1999).

Cambridge School District: Children make up 13.3% of Cambridge population. Cambridge has 13,447 under 18 years old residents, or 0.24 kids per one worker, or 0.32 kids per one household.

Cambridge Real Estate & Cambridge Homeownership

There are 17472.15 or 41% one person households, 14062.95 or 33% two person households, and 5539.95 or 13% three person households in Cambridge, Massachusetts. Median residents age is 30.4, Senior citizens (65+) make up 9,282 or 9.2%% of Cambridge population.

There are 54,959 workers (over 16 years of age) in Cambridge. Of these, 40.36% drive to work. Approximately 25.07% of workers in Cambridge take public transportation. An estimated 24.4% walk to work.

Median Cambridge homeowner's housing expences are 18%

Crime in Cambridge (2003), crimes per 10,000 residents per year

Type of Crime Cambridge USA, 2003
Violent Crimes
50.61
47.5
Robberies
22.59
14.2
Aggravated Assaults
27.03
29.5
Property Crimes
340.39
358.8
Burglaries
64.23
74.0
Larceny-Thefts
235.71
241.5
Motor Vehicle Thefts
40.45
43.3

Invest in Cambridge Properties

When making a decision about buying real estate in Cambridge Massachusetts area, you should consider following statistical data:

Category Cambridge USA
Near Medium City
-
Near Large City
Boston, Massachusetts
-
Cambridge Zip Codes
02138, 02139, 02140, 02141, 02142, 02163
-
Cambridge Area Codes
617
-
White population
68.1%
75.1%
African-American population
11.92%
12.3%
Asian
11.88%
3.6%
American Indian & Alaskan
0.29%
0.9%
Hispanic (of any race)
7.36%
12.5%
Median Family Income (1999)
$ 59,423%
$42,000
Population Below Poverty Level
11.14%
12.4%

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