Cambridge, Maine Unemployment

Cambridge, Maine has a population of 512, with a median household income of $61,200.

Current unemployment data for Cambridge.

3.10%

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Population

512

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Median Income

$61,200

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Unemployment

3.10%

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Housing Price

$246,800

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Crime Rate

2.80

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Internet Speed

175.00 Mbps

Cambridge is a small local community located in Maine. The city has a population that is below the average city population in Maine, contributing to its local economic activity, housing demand, and infrastructure development. Population size can significantly influence transportation systems, commercial growth, educational services, and employment opportunities within the region.

Situated in Maine, Cambridge provides insight into regional population trends, income levels, and housing conditions.

Population Overview

Cambridge has a population of 512, which is below the state average. This suggests a smaller and more localized community environment.

Income and Economy

The median household income in Cambridge is $61,200, which is below the state average, indicating moderate economic conditions.

Housing Market

The average housing price in Cambridge is about $246,800, making it relatively affordable compared to many cities in Maine.

Employment and Safety

The unemployment rate in Cambridge is 3.10%, slightly above the state average, suggesting moderate employment conditions. Crime rates in Cambridge are higher than the state average, which may be a factor for residents to consider.

City Comparison

Compared to other cities in Maine, Cambridge shows distinct differences in population size, economic activity, and housing affordability, making it a unique case for analysis.

Overall, Cambridge offers a balanced mix of economic conditions, population trends, and housing opportunities within Maine.

Frequently Asked Questions about Cambridge

What is the population of Cambridge?

The population of Cambridge is approximately 512.

Is Cambridge a good place to live?

Cambridge offers a mix of economic conditions, housing affordability, and population size, making it suitable for different types of residents.

What is the average income in Cambridge?

The median household income in Cambridge is around $61,200.

How expensive is housing in Cambridge?

The average housing price in Cambridge is approximately $246,800.