Cross-linked polyethylene (XLPE) obtained by the crossing-linking reaction of polyethylene (PE) can greatly enhance the mechanical properties and other properties of PE, which makes XLPE widely applied in the field of electric power engineering. However, the space charges can distort the distribution of the electrical field strength in the XLPE applied in the insulation materials, which can shorten the service life of the insulation materials. Therefore, the space charge characteristics of XLPE under the strong direct current (DC) electric field have been the focus of scholars and engineers all over the world. This article has studied the impact of the cross-linking effect on the space charge characteristics of XLPE with different degrees of cross-linking. For this issue, we used dicumyl peroxide (DCP) as the cross-linking agent and low-density polyethylene (LDPE) as the base material for the preparation of samples. Besides, the space charge distribution was measured by the pulsed electro-acoustic method (PEA). In addition, the average charge density as a characteristic parameter was introduced into the experiment, which was used to quantitatively analyze the impact of the cross-linking effect on the space charge characteristics of XLPE with different degrees of cross-linking. Meanwhile, we also explained the impact of the cross-linking effect on XLPE with different degrees of cross-linking from a microscopic point of view. Ultimately, some important conclusions can be obtained. For instance, the cross-linking effect significantly increases the threshold electrical field strength of XLPE, and as the content of cross-linking agent increases, the threshold electrical field strength increases at first and then decreases, and the threshold electrical field strength reaches the maximum value when the content of the cross-linking agent is 1.0% or 2.1%. Besides, the cross-linking effect introduces negative charge traps into the LDPE and increases the densities of the deeper charge traps, and so on. In addition, we have also analyzed the average charge density, and we have summarized the theoretical model of the average charge decay, namely, Q ( t ) = Q 0 + α e − t β , which is very effective for explaining the dissipation characteristics (more conclusive contents can be seen in the conclusion section of this article).