Cambridge is a village in Dane (mostly) and Jefferson counties in the U.S. state of Wisconsin. The population was 1,457 at the 2010 census. Of this, 1,348 were in Dane County, and 109 were in Jefferson County.The Dane County portion of Cambridge is part of the Madison Metropolitan Statistical Area, while the Jefferson County portion is part of the Watertown–Fort Atkinson Micropolitan Statistical Area.