Latest available · Census ACS 5-Year (2024)
What Is the Median Home Value in Cumberland city, Maryland?
City · Census ACS 5-Year estimates
The median home value in Cumberland city, Maryland is $123,200 (±$8,731), based on Census ACS 5-Year estimates (2024). The median gross rent is $741/month, and the median household income is $48,162/year. Source: U.S. Census Bureau, American Community Survey, 2024 5-Year Estimates.
Housing Metrics for Cumberland city, Maryland
| Metric | Value |
|---|---|
| Median Home Value | $123,200 |
| Median Gross Rent | $741 |
| Median Household Income | $48,162 |
| Total Housing Units | 8,405 |
| Renter-Occupied Units | 3,363 |
| Renter-Occupied Share | 40% |
How does Cumberland city, Maryland compare?
Median home value ranked against all cities in Maryland.
Higher home value than 4% of cities in Maryland · 453th of 471
| # | City | Value |
|---|---|---|
| 1 | Chevy Chase Village town | $2,000,001 |
| 2 | Somerset town | $1,775,000 |
| 3 | Chevy Chase town | $1,670,600 |
| … 449 more … | ||
| 453 | Cumberland city(you are here) | $123,200 |
| … 15 more … | ||
| 469 | Franklin CDP | $65,500 |
| 470 | Eden CDP | $54,000 |
| 471 | Luke town | $51,000 |
More data for Cumberland city, Maryland
Frequently asked questions
What is the median home value in Cumberland city, Maryland?
The median home value in Cumberland city, Maryland is $123,200, based on Census ACS 5-Year estimates (2024). This is the self-reported estimated value homeowners believe their property would sell for. Source: U.S. Census Bureau, American Community Survey 5-Year Estimates, 2024.
What is the average rent in Cumberland city, Maryland?
The median gross rent in Cumberland city, Maryland is $741/month, based on Census ACS 5-Year estimates (2024).
What is the median household income in Cumberland city, Maryland?
The median household income in Cumberland city, Maryland is $48,162/year according to Census ACS 5-Year estimates (2024).
How reliable is Census ACS data for small areas?
The ACS 5-Year estimates combine 60 months of data for more reliable figures in smaller geographies. Each estimate has a margin of error (MOE). For example, the median home value of $123,200 has a margin of error of ±$8,731. In very small areas, MOEs can be large relative to the estimate.
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