Quick facts: Cambridge, OH

Quick Facts

96.4
Cost of Living
below US average
9,985
Population
8.81
Crime Rate per 1000
below US average
$39,589
Median Income
below US average
$184,900
Median House Price
above US average
$987.5
Average Rent
below US average
16%
Poverty Rate
above US average
4.5%
Unemployment Rate
above US average

πŸ’΅ Affordability Calculator

Based on the 28/36 rule: housing costs should not exceed 28% of your gross income. Compared against local median income of $39,589.

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Income Needed to Buy

βœ— Stretch
$58k/year
Based on $184,900 median home price
Assumes 30-year mortgage at 7% with 20% down payment
⚠️ Requires $58k vs median $39,589
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Income Needed to Rent

⚠ Stretch
$42k/year
Based on $987.5/month average rent
Annual income where rent = 28% of gross
⚠️ Requires $42k vs median $39,589
πŸ’‘ 28/36 Rule: Housing ≀28% of gross income, total debt ≀36%. This is a guideline used by many lenders.

Overview for Cambridge, OH

Cambridge, Ohio, situated in southeastern Ohio, is known for its rich history and small-town charm. As part of Guernsey County, it serves as a gateway to various outdoor recreational activities, particularly those centered around the nearby Salt Fork State Park, which offers hiking, fishing, and camping opportunities. The city is also famous for its antique shops and the National Museum of Cambridge Glass, showcasing the area's glass-making heritage. Downtown Cambridge features a nostalgic atmosphere with historic architecture and local businesses, making it a pleasant place for shopping and dining. The city hosts various community events throughout the year, fostering a strong sense of community among residents. Cambridge is strategically located along Interstate 70, providing convenient access to larger cities like Columbus and Pittsburgh. With a population of approximately 10,000 residents, it boasts a welcoming atmosphere, strong community ties, and a slower pace of life, making it an appealing destination for those seeking to explore the beauty of rural Ohio.

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