Understanding the economic role of Town of Cambridge provides a framework for understanding what policy responses and investment may be appropriate to support the growth of businesses and maintenance of a vibrant economy in the future.
The charts and table below give a broad overview of the role and function of your economy. It helps answer questions such as:
- How much of the Town of Cambridge's economy is driven by meeting the local population needs?
- What proportion of jobs in the area are in goods production or selling of products?
- In which broad sectors are the key strengths of the local economy?
- What contribution do business services make in your area and is it growing?
- Is there a presence of local, state and federal government workers in in the area?
Once you have developed a broad picture of your economy, you can then drill down further with all the detail here.
| Employment composition | ||||||
|---|---|---|---|---|---|---|
| Town of Cambridge | 2024 | 2019 | 2014 | |||
| Industry | number | % | number | % | number | % |
| Agriculture, forestry and fishing | 50 | 0.3 | 53 | 0.4 | 35 | 0.3 |
| Mining | 179 | 1.1 | 143 | 0.9 | 158 | 1.2 |
| Goods related | 2,452 | 15.2 | 2,314 | 15.3 | 2,910 | 21.9 |
| Household services | 10,025 | 62.3 | 8,990 | 59.6 | 7,209 | 54.3 |
| Business services | 2,956 | 18.4 | 3,041 | 20.2 | 2,557 | 19.3 |
| Public administration and safety | 436 | 2.7 | 539 | 3.6 | 410 | 3.1 |
| Total Industries | 16,097 | 100.0 | 15,080 | 100.0 | 13,278 | 100.0 |
Source: National Institute of Economic and Industry Research (NIEIR) ©2025. Compiled and presented in economy.id by .id (informed decisions). Data are based on a 2020-21 price base for all years. NIEIR-ID data are inflation adjusted each year to allow direct comparison, and annual data releases adjust previous years’ figures to a new base year.Learn more. Please refer to specific data notes for more information | ||||||