Cambridge township, Michigan Median Income

Cambridge township, Michigan has a population of 6,900, with a median household income of $68,000.

Current median income data for Cambridge township.

$68,000

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Population

6,900

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Median Income

$68,000

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Unemployment

5.20%

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Housing Price

$265,000

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Crime Rate

4.80

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Internet Speed

207.00 Mbps

Cambridge township is a small local community located in Michigan. The city has a population that is below the average city population in Michigan, 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 Michigan, Cambridge township provides insight into regional population trends, income levels, and housing conditions.

Population Overview

Cambridge township has a population of 6,900, which is below the state average. This suggests a smaller and more localized community environment.

Income and Economy

The median household income in Cambridge township is $68,000, which is below the state average, indicating moderate economic conditions.

Housing Market

The average housing price in Cambridge township is about $265,000, making it relatively affordable compared to many cities in Michigan.

Employment and Safety

The unemployment rate in Cambridge township is 5.20%, slightly above the state average, suggesting moderate employment conditions. Crime rates in Cambridge township are higher than the state average, which may be a factor for residents to consider.

City Comparison

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

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

Frequently Asked Questions about Cambridge township

What is the population of Cambridge township?

The population of Cambridge township is approximately 6,900.

Is Cambridge township a good place to live?

Cambridge township 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 township?

The median household income in Cambridge township is around $68,000.

How expensive is housing in Cambridge township?

The average housing price in Cambridge township is approximately $265,000.