There are a variety of employers within the city of Cambridge and its surrounding areas. Manufacturing is the largest industry in the area, employing about one fifth of the workforce.
Major Employers
- Engineering.
- Technical consulting.
- Accounting.
- Legal.
- Education.
- Transportation.
- Logistics.
- Finance.
What is the main industry in Cambridge?
Cambridge is at the heart of the high-technology Silicon Fen, which contains industries such as software and bioscience and many start-up companies born out of the university. Over 40 per cent of the workforce have a higher education qualification, more than twice the national average.
Which is the largest economic sector in Cambridge?
Manufacturing
Manufacturing is the largest industry in the Cambridge area, accounting for approximately 20 per cent of all jobs.
How many companies are in Cambridge?
The overall number of UK companies totalled 5,005,147, a 3.5 per cent increase on the total of 4,837,426 at the end of 2020.
Number of companies in Cambridgeshire hits record high.
| Cambridgeshire Districts | New Company Formations in 2021 | Total Number of Companies end 2021 |
|---|---|---|
| South Cambridgeshire | 1222 | 12090 |
| Huntingdonshire | 1321 | 10784 |
| Cambridge | 1536 | 10763 |
Who is the largest employer in Massachusetts?
2021 Top 25 Employers
| 2021 Rank | NAME OF EMPLOYER | 2021 EMPLOYEES1 |
|---|---|---|
| 1 | HARVARD UNIVERSITY | 11,867 |
| 2 | MASSACHUSETTS INSTITUTE OF TECHNOLOGY | 8,777 |
| 3 | CITY OF CAMBRIDGE2 | 3,564 |
| 4 | TAKEDA PHARMACEUTICALS | 3,368 |
What is Cambridge on known for?
It is the home of high-technology industries as well as business and financial services. Operating on its original location since about 1830, the Cambridge Farmers’ Market is one of the oldest in Canada. Among the city’s annual events are the Mayor’s Celebration of the Arts and the Cambridge Riverfest. Pop.
How does Cambridge make money?
Cambridge’s Endowment Fund holds and invests donations made to the University, its Colleges and charitable trusts. The return from investment is the real money which the colleges can spend on their students. However, some colleges enjoy a much more sizeable endowment others.
Where do rich people live in Cambridge?
Streets such as Barrow Road, Bentley Road, Newton Road, Latham Road and Chaucer Road are amongst the most exclusive addresses in Cambridge.
Is Cambridge a wealthy place?
Cambridge is a wealthy, fast-growing city renowned internationally for knowledge creation, the tech industries and biosciences. It is one of the best small cities in the world and one of the best places to live in the UK.
Which UK city has the biggest economy?
London
Lists
| Rank | City/Conurbation | GVA (£ millions) |
|---|---|---|
| 1 | London | 378,424 |
| 2 | Birmingham (West Midlands) | 122,000 |
| 3 | Greater Manchester | 59,000 |
| 4 | Leeds | 21,260 |
How many millionaires live in Cambridge?
Most millionaires per capita of UK towns and cities
| Rank | City | Total Millionaires |
|---|---|---|
| 1 | Maidenhead | 7,923 |
| 2 | Cambridge | 5,742 |
| 3 | London | 329,002 |
| 4 | Cheltenham | 4,112 |
Why are there so many tech companies in Cambridge?
High levels of venture capital funding and the creation of startups valued at $1bn or more have helped Cambridge become the UK’s top tech hub outside of London, according to government research.
How much of Cambridge is owned by MIT?
MIT owns 157 tax-exempt acres in Cambridge that are used for educational purposes and 84 acres of commercial land, making a total of 241 acres or 5.29 percent of the city’s total land area.
What are the top 3 industries in Massachusetts?
The leading industries in Massachusetts include biotechnology, maritime trade, engineering, information technology, finance, tourism, as well as higher education.
What is the most common job in Massachusetts?
Detailed List Of The Most Common Jobs In Boston, MA
| Rank | Job Title | Count |
|---|---|---|
| 1 | Internship | 10,831 |
| 2 | Administrative Assistant | 5,845 |
| 3 | Research Assistant | 5,584 |
| 4 | Sales Associate | 4,670 |
Who makes the most money in Massachusetts?
Here’s a list of the 100 highest-paid Massachusetts workers in 2019
| Rank | Name | Total pay |
|---|---|---|
| 1 | Michael Collins | $1,096,430.75 |
| 2 | Terence Flotte | $1,076,817.20 |
| 3 | Matthew McCall | $827,000.40 |
| 4 | Michael Green | $741,960.24 |
Who is the most famous person from Cambridge?
Here are some of the Cambridge’s Most Famous Residents.
- Stephen Hawking. No list of notable Cambridge residents would be complete without Stephen Hawking.
- Hugh Laurie.
- Emma Thompson.
- Stephen Fry.
- Charles Darwin.
- Richard Attenborough.
- Ian McKellen.
- Alan Turing.
What are people from Cambridge called?
Cantabrigian (often shortened to Cantab) is an adjective that is used in two meanings: 1) to refer to what is of or pertaining to Cambridge University, located in Cambridge, United Kingdom; or 2) to refer to what is of or pertaining to the cities of Cambridge, United Kingdom and Cambridge, United States.
Why is Cambridge so good?
It’s easy to see why Cambridge is known as one of the world’s most beautiful cities. With its unique blend of old and new architectural styles, it offers students the incredible opportunity to live, work and study alongside some of the finest examples of Tudor, Victorian and medieval buildings in the country.
What is the richest University in the UK?
Endowments from £100 million to £250 million
| University | Endowment as of 2021 (£m) | Endowment as of 2019 (£m) |
|---|---|---|
| University of Manchester | 242.2 | 238.4 |
| London School of Economics | 240.8 | 155.0 |
| University of Glasgow | 225.2 | 201.9 |
| Imperial College London | 202.1 | 178.1 |
Who is richer Oxford or Cambridge?
Oxford does better with 12 colleges currently accredited. While the published figures are high, the true extent of Oxbridge’s wealth is likely to be even higher.
Cambridge’s 31 colleges have a combined wealth of £6.9bn, £2.1bn more than the university’s £4.9bn.
| University / college | Consolidated net assets |
|---|---|
| Total | £5.9bn |