City

Cambridge City, IN

1 ZIP code  ·  Wayne County  ·  Indiana

👥4,384Population
💰$58,988Median HH Income▼ 23% below avg
🎂43.6Median Age
🏠$118,600Median Home Value▼ 57% below avg
🎓24.4%College Grads▼ 37% below avg
📊3.1%Unemployment▼ 37% below avg
People & Population (ACS 2023 — weighted avg)
♂ Male 49.0% Female 51.1% ♀

Race & Ethnicity

White: 97.1%Hispanic: 0.5%Black: 0.2%Asian: 0.3%Other: 1.8%Race
White97.1%
Hispanic0.5%
Black0.2%
Asian0.3%
Other1.8%

Age Breakdown

Under 5
5%
5–17
15%
18–24
9%
25–44
22%
45–64
32%
65+
7%

Key Indicators

Median Age43.6 yrs
Avg HH Size2.33
Below Poverty15.2% ▲ 52% above avg
College Grads24.4% ▼ 37% below avg
Unemployment3.1% ▼ 37% below avg
No HS Diploma38 (1.3%)
HS Graduate1,225 (42%)
Some College596 (20.4%)
Associates345 (11.8%)
Bachelors268 (9.2%)
Graduate Degree445 (15.3%)

Education

No HS: 1.3%HS Grad: 42%Some College: 20.4%Associates: 11.8%Bachelors: 9.2%Graduate: 15.3%Edu
No HS1.3%
HS Grad42.0%
Some College20.4%
Associates11.8%
Bachelors9.2%
Graduate15.3%
Housing & Income

Housing Tenure

Owner: 79.8%Renter: 20.2%Tenure
Owner79.8%
Renter20.2%

Home Value Distribution

Under $50k
7%
$50k–$100k
29%
$100k–$150k
26%
$150k–$200k
16%
$200k–$300k
12%
$300k–$500k
8%
Over $500k
3%

Financials

Median HH Income$58,988 ▼ 23% below avg
Median Home Value$118,600 ▼ 57% below avg
Home/Income Ratio2.0x (nat avg ~3.5x)
Median Rent$779/mo
Total Housing Units2,093
Vacant Units210

Income Distribution

Under $25k
18%
$25k–$50k
21%
$50k–$75k
24%
$75k–$100k
13%
$100k–$150k
15%
$150k–$200k
5%
Over $200k
3%
Employment & Commute

How People Get to Work

Drove Alone
94%
Walked
1%
Work From Home
5%

Commute Time

Under 15 min
33%
15–30 min
28%
30–45 min
21%
Over 45 min
18%
Housing Stock

Year Built

Before 1940
3%
1940s–1950s
22%
1960s–1970s
9%
1980s–1990s
7%
2000+
60%
About Cambridge City, IN

Cambridge City is a city in Indiana, located in Wayne County. The city spans 1 ZIP code and is home to approximately 4,384 residents. It is a middle-aged city, with a median age of 43.6 years.

Economically, Cambridge City is a solidly middle-class community. The median household income of $58,988 is below the national average. Approximately 15.2% of residents live below the poverty line. The unemployment rate is 3.1%, below the national average.

The real estate market in Cambridge City is one of the more affordable housing markets in the country. Median home values stand at $118,600, which is well below the national average. Renters typically pay around $779 per month. Homeownership is high at 79.8%, typical of suburban and family-oriented communities.

The population of Cambridge City is less-educated. 24.4% of adults hold a bachelor's degree or higher — below the national average. The community is primarily White (97.13%).

Cambridge City, IN offers residents a cost-conscious lifestyle within Indiana.

ZIP Codes in Cambridge City
ZIPPopulationMedian IncomeMedian HomeMedian RentUnemp.CollegeOwner Occ.
47327 4,384 $58,988 $118,600 $779 3.1% 24.4% 79.8%