Cambridge, IA
Population 948 · Iowa
About Cambridge, IA
Cambridge is a small community in Iowa with a population of 948 residents. The median household income is $74,531 per year, which is above the national average. The median age in Cambridge is 38.8 years.
Housing in Cambridge has a median home value of $172,800 and median monthly rent of $1,080. Of the 405 total housing units, the majority are owner-occupied, with 319 owner-occupied and 58 renter-occupied units.
The unemployment rate in Cambridge is 3.4% and the poverty rate is 10.4%. 18.0% of residents hold a bachelor's degree or higher. The average commute time is 22.4 minutes.
Cost of Living in Cambridge, IA
Compared to national averages, Cambridge has a median household income of $74,531 (1% below the national median of $75,149). Home values average $172,800, which is 29% below the national median. Monthly rent at $1,080 is 7% below the US average of $1,163. Within Iowa, Cambridge's income is 10% above the state average of $67,947, and home values are 31% above the state median of $132,237.
Why Live in Cambridge, IA?
Cambridge offers affordable housing with a median home value of $172,800, below the US average of $244,900, and rent that’s lower than the national average at $1,080/month, and a strong job market with an unemployment rate of just 3.4%. Additionally, the city features a low poverty rate of 10.4%, better than the national average, and short commute times averaging just 22.4 minutes.
Potential considerations include median household income ($74,531) that falls below the national average. However, Cambridge’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Cambridge has a population of 948 with a median age of 38.8 years. Compare Cambridge with other cities to see how it stacks up, or explore all cities in Iowa.
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Data source: US Census Bureau ACS 5-Year Estimates. Last updated: 2026-04-05.
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Frequently Asked Questions about Cambridge
What is the population of Cambridge, IA?
The population of Cambridge, IA is 948 according to the latest Census data.
What is the median household income in Cambridge?
The median household income in Cambridge, IA is $74,531 per year.
What is the median home value in Cambridge?
The median home value in Cambridge, IA is $172,800.
What is the average rent in Cambridge?
The median monthly rent in Cambridge, IA is $1,080.
What is the unemployment rate in Cambridge?
The unemployment rate in Cambridge, IA is 3.4%.