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Cambridge, Illinois Demographics & Population 2026

Very AffordableHome value to income ratio of 1.9x is exceptionally low

During the 2020–2024 ACS period, Cambridge, Illinois had a total population of 2,128, the 492nd largest village in Illinois, with a median household income of $64,979, which is 22% lower than the state average. The poverty rate is 13.1%.

Data vintage: U.S. Census Bureau ACS 2020–2024 5-Year Estimates · refreshed July 2026 · Methodology & source notes

Key Takeaways

Cambridge Quick Facts

Population 2,128
Median Household Income $64,979
Median Home Value $123,100
Poverty Rate 13.1%
Unemployment Rate 7.5%
Median Age 34.7 years
Homeownership Rate 87.4%
Affordability Ratio 1.9x
Bachelor's Degree or Higher 15.6%
High School Graduation Rate 94.4%
Diversity Index 21/100
Population 2,128 492nd of 1,445
Median Income $64,979 average
Poverty Rate 13.1% 5% higher than national
Median Home Value $123,100 average

How Cambridge Changed

Change from the 2019–2023 ACS period to 2020–2024. These are rolling five-year estimates, not year-over-year measurements.

Metric2019–20232020–2024Change
Population2,1842,128-2.6%
Median household income$72,292$64,979-10.1%
Median home value$120,400$123,100+2.2%

How Cambridge Compares

Economy & Housing

Household Income Distribution

Under $25K 14.3%
$25K-$50K 22.0%
$50K-$100K 36.0%
$100K+ 27.7%
Detailed income brackets
Under $10K
4.1%
$10K-$15K
0.5%
$15K-$20K
2.4%
$20K-$25K
7.3%
$25K-$30K
0.9%
$30K-$35K
5.8%
$35K-$40K
2.5%
$40K-$45K
8.6%
$45K-$50K
4.1%
$50K-$60K
5.0%
$60K-$75K
14.8%
$75K-$100K
16.2%
$100K-$125K
9.7%
$125K-$150K
10.9%
$150K-$200K
5.6%
$200K+
1.5%

Employment

7.5% Unemployment Rate State: 5.8%|National: 5.2%
68.0% Labor Force Participation

Housing Overview

Owner 87.4%
Renter 12.6%
Affordability Index Very Affordable
1.9x home value to income ratio
Median gross rent $968/mo 17.9% of median household income annually

People & Demographics

Diversity Index

21out of 100
Very Low Diversity

A less diverse community where one racial or ethnic group represents a large majority.

State average: 61 | National average: 61

Education

Cambridge Rankings in Illinois

#492 Population of 1,445
#780 Median Income of 1,374
#844 Education of 1,444
#680 Home Value of 1,372

Other Cities in Henry County

CityPopulationMedian IncomePovertyHome Value
Kewanee 11,913 $50,886 17.9% $73,200
Geneseo 6,673 $70,147 2.6% $205,400
Colona 5,139 $79,700 3.8% $147,500
Galva 2,454 $52,470 18.8% $83,700
Orion 1,812 $94,375 5.2% $178,500
Atkinson 982 $57,174 5.7% $119,600
Annawan 865 $70,729 6.7% $135,100
Alpha 831 $77,639 1.6% $111,400
Woodhull 731 $65,893 13.3% $122,400
Andover 434 $77,813 3.7% $163,600

Cities Similar to Cambridge

These cities in the same state have comparable population and economic profiles.

CityPopulationMedian IncomeHome ValueBachelor's+Poverty
Mason City2,159$66,524$91,10021.1%16.7%
Farmington2,050$65,223$101,30025.9%11.0%
Bellevue2,106$60,987$121,30012.0%11.6%
Lake of the Woods2,091$61,625$193,50038.3%4.7%
Nokomis2,147$60,326$83,90011.9%9.4%

Population Overview

Cambridge is a small community located in Illinois, within Henry County. The total population is 2,128. It ranks as the 492nd most populous out of 1,445 Census-designated places in Illinois.

Age Demographics

The median age in Cambridge is 34.7 years. This is 11% lower than the state median of 39.0 years.

Economy, Income & Housing

The median household income in Cambridge is $64,979. This is 22% lower than the state median of $83,390. It is also 20% lower than the national median of $80,734. The poverty rate stands at 13.1%. This is 11% higher than the state poverty rate of 11.8%. The unemployment rate is 7.5%. This is 29% higher than the state rate of 5.8%. The median home value is $123,100. Housing costs are 53% lower than the state median of $263,300. With a home-value-to-income ratio of just 1.9x, Cambridge is one of the most affordable housing markets in the area. 87.4% of occupied housing units are owner-occupied. This homeownership rate is 30% higher than the state average of 67.1%.

Race & Ethnicity

Cambridge has a predominantly White (non-Hispanic) population, comprising 88.3% of all residents. Black or African American residents account for 1.8%. The White (non-Hispanic) population is significantly higher than the state average (88.3% vs 58.1%). The Black or African American population (1.8%) is well below the state average of 13.3%. The Asian population (1.4%) is well below the state average of 5.9%.

Education

15.6% of residents aged 25 and older hold a bachelor's degree or higher. This is 59% lower than the state rate of 37.9%. Nationally, 35.7% of adults hold at least a bachelor's degree. The high school graduation rate (or equivalent) is 94.4%.

Data Sources & Methodology

All demographic data for Cambridge, Illinois is sourced from the U.S. Census Bureau's American Community Survey (ACS) 2020–2024 5-Year Estimates. The ACS collects data from approximately 3.5 million households annually and pools five years of responses so that even small communities can be measured, though the margin of error widens as the population falls. Comparisons are made against Illinois state averages and national averages calculated from the same dataset. Rankings reflect the city's position among all 1,445 Census-designated places in Illinois. Read more about how these figures are produced on our methodology page, or visit data.census.gov for official data.

Free data download: Get all Illinois city and county demographics as CSV. Download Cities CSV | Download Counties CSV

Frequently Asked Questions

What is the population of Cambridge, Illinois?

Cambridge, Illinois has a population of 2,128 according to the most recent U.S. Census ACS 5-Year Estimates.

What is the median household income in Cambridge, IL?

The median household income in Cambridge is $64,979, which is 20% lower than the national median of $80,734.

What is the poverty rate in Cambridge, IL?

The poverty rate in Cambridge is 13.1%. This means approximately 266 residents live below the federal poverty line.

What is the racial makeup of Cambridge, Illinois?

Cambridge's population is 88.3% White, 1.8% Black, 0.0% Hispanic/Latino, and 1.4% Asian.

What is the median home value in Cambridge, IL?

The median home value in Cambridge is $123,100. The home-value-to-income ratio is 1.9x.

How educated is Cambridge, Illinois?

15.6% of adults (25+) in Cambridge hold a bachelor's degree or higher, and 2.3% hold a graduate or professional degree.