Cambridge is a medium-sized city located in the state of Minnesota. With a population of 10,509 people and three associated neighborhoods, Cambridge is the 103rd largest community in Minnesota. Cambridge has seen a significant amount of newer housing growth in recent years. Quite often, new home construction is the result of new residents moving in who are middle class or wealthier, attracted by jobs, a healthy local economy, or other amenities as they leave nearby or far away areas for greener pastures. This seems to be the case in Cambridge, where the median household income is $67,632.00.

A relatively large number of people in Cambridge telecommute to their jobs. Overall, about 8.54% of the workforce works from home. While this may seem like a small number, as a fraction of the total workforce it ranks among the highest in the country. These workers are often telecommuters who work in knowledge-based, white-collar professions. For example, Silicon Valley has large numbers of people who telecommute. Other at-home workers may be self-employed people who operate small businesses out of their homes.

The education level of Cambridge citizens, measured as those with bachelor's degrees or advanced degrees, is similar to the national average for all American cities and towns. 18.52% of adults 25 and older in Cambridge have a college degree.

The per capita income in Cambridge in 2022 was $34,427, which is lower middle income relative to Minnesota, and middle income relative to the rest of the US. This equates to an annual income of $137,708 for a family of four. However, Cambridge contains both very wealthy and poor people as well.

The people who call Cambridge home describe themselves as belonging to a variety of racial and ethnic groups. The greatest number of Cambridge residents report their race to be White, followed by Asian. Important ancestries of people in Cambridge include German, Norwegian, Swedish, Irish, and English.

The most common language spoken in Cambridge is English. Other important languages spoken here include Italian and Spanish.