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Cambridge Minnesota Real Estate By Jennifer Hershey

Cambridge Minnesota Real Estate

Cambridge, Minnesota, is located in Isanti County, 26 miles N of Coon Rapids, Minnesota and 313 miles NW of Milwaukee, Wisconsin. Cambridge has a population of 5,520.

Cambridge Homes

Cambridge properties pool is 2,223 residential properties including Cambridge new homes. Median age of real estate in Cambridge is 1976. Average Household size is 2.95 people. 4% are one bedroom homes, 32% are 2 bedroom homes, 42% are 3 bedroom homes, 17% are 4 bedroom homes, and 5% are 5+ bedroom homes.

Cambridge Mortgage Statistics

Cambridge mortgages vs. USA median statistics

Homes Cambridge USA
Homes With No Mortgage 24%
30%
Homes With Mortgage 76%
70%
First Mortgage Only 57%
54%
First & Second Mortgage or HELOC 20%
16%

Cambridge Area Real Estate Tax

Cambridge Real estate Tax: Median Real Estate Taxes (2000) were $1,417 comparing to 1999 Median Family income $ 53,381. Compare to USA median yearly Real Estate Tax $1,300 and USA median Family Income $42,000 (1999).

Cambridge School District: Children make up 24.9% of Cambridge population. Cambridge has 1,374 under 18 years old residents, or 0.54 kids per one worker, or 0.62 kids per one household.

Cambridge Real Estate & Cambridge Homeownership

There are 800.28 or 36% one person households, 666.9 or 30% two person households, and 333.45 or 15% three person households in Cambridge, Minnesota. Median residents age is 38.5, Senior citizens (65+) make up 1,275 or 23.1%% of Cambridge population.

There are 2,546 workers (over 16 years of age) in Cambridge. Of these, 90.38% drive to work. Approximately 1.18% of workers in Cambridge take public transportation. An estimated 4.83% walk to work.

Median Cambridge homeowner's housing expences are 19.3%

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

Type of Crime Cambridge USA, 2003
Violent Crimes
14.49
47.5
Robberies
NaN
14.2
Aggravated Assaults
12.68
29.5
Property Crimes
722.83
358.8
Burglaries
81.52
74.0
Larceny-Thefts
606.88
241.5
Motor Vehicle Thefts
34.42
43.3

Invest in Cambridge Properties

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

Category Cambridge USA
Near Medium City
Coon Rapids, Minnesota
-
Near Large City
Milwaukee, Wisconsin
-
Cambridge Zip Codes
55008
-
Cambridge Area Codes
763
-
White population
97.21%
75.1%
African-American population
0.31%
12.3%
Asian
0.58%
3.6%
American Indian & Alaskan
0.67%
0.9%
Hispanic (of any race)
0.63%
12.5%
Median Family Income (1999)
$ 53,381%
$42,000
Population Below Poverty Level
9.89%
12.4%

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