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The total population of Cambridge is estimated to be 9,726 with 4,656 males (47.87%) and 5,070 females (52.13%). There are 414 more females than males in Cambridge.
The median household income in Cambridge was $62,659 in 2021, which marked an a decrease of 3,087(4.70%) from $65,746 in 2020. This income is 83.99% of the U.S. median household income of $74,606 (all incomes in 2022 inflation-adjusted dollars).
Per the latest American Community Survey by the Census Bureau, Cambridge sees its highest median household income among householders in the age group of 25 to 44 years old, at $82,324. Overall, the median household income for the city of Cambridge stands at $62,659.
In Cambridge, the median income for all workers aged 15 years and older, regardless of work hours, was $45,180 for males and $29,411 for females. However, when specifically considering full-time, year-round workers within the same age group, the median income was $60,953 for males and $47,788 for females.
In Cambridge, there are just three different racial groups among households. Among these, Asian households report a median household income of $108,272, followed by Two or More Races households at $95,255, and White households with a median household income of $65,224.
In 2022, the population of Cambridge was 10,482, a 5.78% increase year-by-year from 2021. Previously, in 2021, Cambridge's population was 9,909, an increase of 2.36% compared to a population of 9,681 in 2020.
The median age in Cambridge, MN is 36.6, as per 2021 ACS 5-Year Estimates. Of the total population, 18.62% were under the age of 15, 20.11% aged 15 to 29, 43.56% aged 30 to 64, 13.19% aged 65 to 84, and 4.53% were 85 years of age and older.
Racial distribution of Cambridge population: 91.90% are White, 1.66% are Black or African American, 0.48% are American Indian and Alaska Native, 3.61% are Asian and 2.36% are multiracial.