Income & Economy in Cambridge, KY

Household income, poverty rates, employment, and economic data — 2023 ACS Data

Income Overview

Source: U.S. Census Bureau ACS (2023)

Median Household Income

$98,281

+34% vs national

Per Capita Income

$54,153

+46% vs national

Poverty Rate

3.7%

-73% vs national

Gini Index

0.3489

0 = perfect equality

Unemployment

7.3%

+40% vs national

SNAP Recipients

4.3%

of households

How Cambridge Compares

Source: Census ACS (2023)

Cambridge vs Similar Cities

Source: Census ACS (2023)

Compared to cities with under 10,000 residents. Cambridge is highlighted.

Median Household Income

Per Capita Income

Poverty Rate

Unemployment Rate

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Where Do You Stack Up?

Enter your household income to see how you compare to other households in Cambridge. The median household income here is $98,281.

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Income Distribution

Source: U.S. Census Bureau ACS (2023)
<$25K
11.6%
$25-50K
10.1%
$50-75K
17.4%
$75-100K
18.8%
$100-150K
14.5%
$150-200K
24.6%
$200K+
2.9%

Employment Snapshot

Source: U.S. Census Bureau ACS (2023)

Unemployment Rate

7.3%

+24% vs KY avg

Labor Force

96

Employed

89

How People Get to Work

Source: Census ACS (2023)

Employment by Sector

Source: Census ACS (2023)

Education & Workforce

Source: U.S. Census Bureau ACS (2023)

Bachelor's Degree+

40.3%

of adults 25+

High School Diploma+

45.5%

of adults 25+

Median Age

45.0

Work from Home

20.2%

of workers

The median household income in Cambridge, KY is $98,281, which is 34.2% above the national average of $73,224. Per capita income is $54,153. The poverty rate of 3.7% is lower than the KY state average of 18.4%. The Gini index of income inequality is 0.3489, where 0 represents perfect equality and 1 represents maximum inequality. The unemployment rate is 7.3%, compared to the state average of 5.9%. 40.3% of adults hold a bachelor's degree or higher.