Cresswind Charleston
Charleston, South Carolina
Cambridge, Maryland
What It Is Like to Retire in Cambridge
Cambridge, Maryland, is a historic waterfront community and is the county seat of Dorchester County. It is one of the oldest colonial cities in Maryland and named after the English colonist who settled it in 1684. The city, located on the Chesapeake peninsula on Maryland's Eastern Shore, had a population of just over 12,000 at the 2010. Photo of Poplar Street Downtown Cambridge and photo of Cambridge Municipal Building courtesy of Wikipedia and Eli Pousson, photo of The Pine Street Neighborhood Historic District and park benches, Cambridge MD courtesy of Wikipedia and Daniel L. Brandewie, Licensed under CC BY-SA 3.0/
Where to Retire in Cambridge and Home Prices
The Zillow Home Value Index was $246,110 in mid-2023. As with most waterfront communities, it's all about location, and prices can be much higher closer to the water.
What Is Special about Cambridge
Cambridge is a waterfront community with a lot of colonial heritage and maritme tradition, with a downtown that offers a variety of shops, cafes, and galleries. The town is not far from large cities such as Baltimore, Washington D.C., and Philadelphia. The 400-room Hyatt Regency Chesapeake Bay resort, which includes a golf course, spa, and marina is a popular new addition to the town.
What Is Not Special about Cambridge
Cambridge is a former commercial town that relied on food processing for the local economy, but a lot of that business went away leaving Cambridge struggling for many years. It is cool during the winter months with an average January temperature under 40 degrees. The crime rate is above the national average. The nearest large airport is about 75 miles away.
Who Will Like Retirement in Cambridge
Those who would enjoy living near the water in a town that is considered a walkable community, and has a lower than average cost of living would enjoy retiring here.
Local Economy Is Driven by
Manufacturing
Climate and Physical Environment
The average January temperature in Cambridge is 38 degrees and the average July temperature is 79 degrees. It does snow in Cambridge and averages about twelve inches each winter.
Restaurants & Cultural Scene
Cambridge has Historical High Street and several museums which includes the Brannock Richardson Maritime Museum, and a park with boat docks, fishing piers, and playgrounds. May through December there are many community events including festivals and a regatta.
Crime
The crime rate is higher than the national average.
Medical facilities
Dorchester General Hospital
Transportation
Amtrak offers bus service, the nearest international airport is 73 miles away in Baltimore, and there is a regional airport 40 miles away in Salisbury.
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