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These days, finding an affordable place to live in the Cumberland area can be challenging. Home prices in Cumberland are now at a median cost of $234,301, lower than the Wisconsin average of $280,373.
The average cost of rent is $920/mo in Cumberland, primarily driven by the current value of real estate in the Cumberland area. In Cumberland, 21.10% of households rent, and 55.00% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Cumberland is $5,411 per month. Households that rent pay about 17.01% of their income on rent here. Cumberland’s most expensive areas are in the northwestern regions, while the cheapest areas are in the central parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Comstock, WI: higher priced homes
- Barronett, WI: higher priced homes
- Almena, WI: equally priced homes
- Poskin, WI: equally priced homes
- Brill, WI: less expensive homes
- Turtle Lake, WI: less expensive homes
- Indian Creek, WI: equally priced homes
- Barron, WI: less expensive homes
- Haugen, WI: equally priced homes
- Fox Creek, WI: higher priced homes
Cities with Similar Populations
- Euharlee, GA: higher priced homes
- Chesterfield, SC: less expensive homes
- Seeley, CA: less expensive homes
- Chisholm, MN: less expensive homes
- Evans City, PA: higher priced homes
- Seminary, MS: less expensive homes
- Homer City, PA: less expensive homes
- Citronelle, AL: less expensive homes
- Eureka Springs, AR: higher priced homes
- Chesterbrook, PA: higher priced homes
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