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Cambridge Springs

Learn about the people, housing, costs and businesses in Cambridge Springs, Pennsylvania

Median Home$120,400
Median Rent$665/month
Population2,454
Leading IndustriesWholesale Trade · Public Administration · Manufacturing11% wholesale trade
Home Value Growth+0.6% over 2 years
Young Adults38% of residentstop 4% nationally
Homeowners77% of occupied units
NotableAffordable Market$120k median home · lower cost than 84% of the country
NotableTransit80/100 · excellent transit access
Cambridge Springs
PA

Explore Cambridge Springs

Real local data across mortgage, insurance, natural hazard, and place.

Frequently Asked Questions

What are today's mortgage rates in Cambridge Springs?

As of today, the 30-year fixed mortgage rate for Cambridge Springs is approximately 6.945% (6.983% APR). Rates vary based on your credit score, loan type, down payment, and other factors. Safe Rate updates rates daily using live investor pricing.

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What is the median home price in Cambridge Springs?

The median home value in Cambridge Springs is $120k. The median monthly rent is $665. Annual property taxes average $2k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Cambridge Springs?

Home values in Cambridge Springs have increased 0.6% over the past two years. The market has been relatively stable. This data is sourced from the Federal Housing Finance Agency (FHFA) House Price Index.

How much income do you need to buy a home in Cambridge Springs?

Based on a typical all-in ownership cost of $822/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $35k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Cambridge Springs is $68k/year.

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What industries drive the economy in Cambridge Springs?

The largest employment sectors in Cambridge Springs are public administration (28%) and wholesale trade (11%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.