Cambridge City, IN
Population 1,623 · Indiana
About Cambridge City, IN
Cambridge City is a small town located in Indiana with a population of 1,623 residents according to the latest US Census Bureau American Community Survey data. The median household income is $46,500 per year, which is 38% below the national median of $75,149. The median age of 36.7 years is close to the US median age of 38.9 years.
Housing Market Overview
The housing market in Cambridge City features a median home value of $97,400, which is 60% below the national median of $244,900. This makes Cambridge City one of the more affordable markets in the country, potentially attractive for first-time homebuyers. Median monthly rent is $767, 34% below the national average of $1,163/month. Of the 878 total housing units, 71% are owner-occupied (535 units) and 29% are renter-occupied (217 units). The high homeownership rate suggests a stable, established residential community.
Economy & Employment
The local economy in Cambridge City shows an unemployment rate of 5.7%, which is significantly above the national rate of 3.7%, suggesting economic challenges in the area. The poverty rate stands at 20.5%, above the national average of 12.4%. Workers in Cambridge City have an average one-way commute time of 24.6 minutes.
Education & Demographics
11.7% of Cambridge City residents aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. The lower educational attainment rate may reflect the area's industry mix, with more employment in trades, manufacturing, or agricultural sectors. The community's demographic composition includes 0.7% White, 0.9% Hispanic or Latino, 0.0% Black or African American, and 0.5% Asian residents, with 1.1% of the population being foreign-born.
Cost of Living in Cambridge City, IN
Compared to national averages, Cambridge City has a median household income of $46,500 (38% below the national median of $75,149). Home values average $97,400, which is 60% below the national median. Monthly rent at $767 is 34% below the US average of $1,163. Within Indiana, Cambridge City's income is 33% below the state average of $69,330, and home values are 40% below the state median of $163,409.
Why Live in Cambridge City, IN?
Cambridge City offers affordable housing with a median home value of $97,400, below the US average of $244,900, and rent that’s lower than the national average at $767/month, and short commute times averaging just 24.6 minutes.
Potential considerations include median household income ($46,500) that falls below the national average. However, Cambridge City’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Cambridge City has a population of 1,623 with a median age of 36.7 years. Compare Cambridge City with other cities to see how it stacks up, or explore all cities in Indiana.
Similar Cities Near Cambridge City
Cities in Indiana with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Galena | 1,618 | $112,411 | $269,000 | Compare |
| New Paris | 1,630 | $71,750 | $173,100 | Compare |
| Worthington | 1,634 | $41,534 | $67,600 | Compare |
| Greenville | 1,602 | $128,348 | $294,900 | Compare |
| Rossville | 1,601 | $68,657 | $177,200 | Compare |
| Eaton | 1,656 | $49,076 | $85,600 | Compare |
| Osgood | 1,583 | $50,799 | $116,200 | Compare |
| Remington | 1,581 | $67,870 | $138,700 | Compare |
Demographics
Racial & Ethnic Composition
Economy & Education
Housing
Other Cities in Indiana
Data source: US Census Bureau ACS 5-Year Estimates. Last updated: 2026-04-05.
Compare Cambridge City With Other Cities
Frequently Asked Questions about Cambridge City
What is the population of Cambridge City, IN?
The population of Cambridge City, IN is 1,623 according to the latest US Census Bureau American Community Survey estimates. This makes it a small town in Indiana.
What is the median household income in Cambridge City?
The median household income in Cambridge City, IN is $46,500 per year, which is 38% below the national median of $75,149.
What is the median home value in Cambridge City?
The median home value in Cambridge City, IN is $97,400, which is 60% below the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Cambridge City?
The median monthly rent in Cambridge City, IN is $767, which is 34% below the national average of $1,163/month.
What is the unemployment rate in Cambridge City?
The unemployment rate in Cambridge City, IN is 5.7%, compared to the national average of 3.7%. Job seekers may want to research the dominant industries in the area.
Is Cambridge City, IN a good place to live?
Cambridge City offers a moderate cost of living, affordable housing, and growing employment opportunities. With a population of 1,623 and a median age of 36.7, the city appeals to a broad range of residents.
How educated is Cambridge City, IN?
11.7% of residents in Cambridge City aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. The educational profile reflects the area's industry mix and employment landscape.
What is the cost of living in Cambridge City?
Key cost-of-living indicators for Cambridge City, IN: median home value is $97,400 (60% below national), median rent is $767/month, and median household income is $46,500. The home-value-to-income ratio is 2.1x, indicating relatively affordable housing relative to local incomes.
What is the poverty rate in Cambridge City?
The poverty rate in Cambridge City, IN is 20.5%, compared to the national average of 12.4%. Residents and prospective movers should be aware of the economic challenges facing parts of this community.
How diverse is Cambridge City, IN?
Cambridge City's population is 0.7% White, 0.9% Hispanic or Latino, 0.0% Black or African American, 0.5% Asian, and 0.6% two or more races. 1.1% of residents are foreign-born.