Living in Cumberland, Indiana
Cost of living, income, home prices, rent and demographics of Cumberland · Census data 2020–2024
Cumberland has 6,267 residents with a median age of 34.5. The median household income is $87,364 (21% higher than the Indiana median), the median home value is $239,200, the median rent is $1,157/month.
Cumberland at a glance
- Population
- 6,267
- Median age
- 34.5State: 38.1
- Median household income
- $87,364State: $71,957
- Median home value
- $239,200State: $218,200
- Median rent
- $1,157/moState: $1,062
- Homeowners
- 71.3%
- Bachelor's degree or higher
- 28.1%
- Average commute
- 24 min
Is Cumberland a good place to live?
Pros: Median household income 21% higher than the Indiana median; unemployment of 3.7%; a poverty rate of 6.4%.
Cons: Home values 10% higher than the state median; an average commute of 24 minutes.
The weather is best in June to September.
Cost of living in Cumberland
Housing is the biggest part of the cost of living. In Cumberland the median home value is $239,200, 28% lower than the U.S. median. Renters pay a median of $1,157 per month, which is 34.1% of household income. Homeowners with a mortgage pay $1,392 a month in housing costs.
Cumberland median household income
The median household income in Cumberland is $87,364 and the income per person is $43,674. 6.4% of residents live below the poverty line (Indiana: 12.3%).
Housing in Cumberland: homes for sale and rent
- Housing units
- 2,626
- Owner-occupied
- 71.3%
- Renter-occupied
- 28.7%
- Vacant
- 1.5%Includes seasonal homes
- Median year built
- 1984
- Average household size
- 2.42
Cumberland demographics
- Population
- 6,267
- Median age
- 34.5
- Under 18
- 28.5%
- 65 and older
- 15%
- Households
- 2,586
- Foreign-born
- 5.2%
- Veterans
- 6.1%Adults 18+
Hispanic or Latino can be of any race. Population history of Cumberland ›
Education in Cumberland
28.1% of adults 25 and older in Cumberland have a bachelor's degree or higher (Indiana: 29.5%), and 10.5% have a graduate or professional degree.
Jobs and commute in Cumberland
- Unemployment rate
- 3.7%State: 4.3%
- Average commute
- 24 minState: 24 min
- Work from home
- 10%
- Drive alone
- 84.9%
- Public transit
- 0%
- Walk to work
- 0.8%
- Homes with broadband
- 91%
Cumberland vs nearby towns
| Town | Population | Median income | Home value | Rent |
|---|---|---|---|---|
| Cumberland | 6,267 | $87,364 | $239,200 | $1,157 |
| Spring Lake | 224 | $50,938 | $169,400 | — |
| New Palestine | 3,227 | $96,923 | $357,500 | $1,129 |
| Philadelphia | 431 | $24,873 | $214,500 | — |
| Warren Park | 1,599 | $42,906 | $185,800 | $952 |
| Lawrence | 49,517 | $74,022 | $230,100 | $1,178 |
| McCordsville | 10,329 | $110,692 | $345,400 | $1,283 |
| Pleasant View | 611 | $196,063 | $372,500 | — |
| Carrollton | 267 | $125,882 | $360,400 | — |
More for people moving to Cumberland
Cumberland ZIP code ›Weather and climate ›Living in Cumberland: FAQ
What is the median household income in Cumberland, IN?
The median household income in Cumberland is $87,364, 21% higher than the Indiana median of $71,957 (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
What is the average home price in Cumberland?
The median home value in Cumberland is $239,200, compared with $218,200 in Indiana.
How much is rent in Cumberland?
The median gross rent in Cumberland is $1,157 per month, about 34.1% of household income.
Is Cumberland, IN a good place to live?
Pluses: median household income 21% higher than the Indiana median; unemployment of 3.7%; a poverty rate of 6.4%. Minuses: home values 10% higher than the state median; an average commute of 24 minutes.
What is the median age in Cumberland?
The median age in Cumberland is 34.5 years (Indiana: 38.1).
How long is the commute in Cumberland?
The average commute to work in Cumberland is 24 minutes; 10% of workers work from home.
What is the unemployment rate in Cumberland?
The unemployment rate in Cumberland is 3.7% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is Cumberland?
28.1% of adults in Cumberland have a bachelor's degree or higher.
Source: U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024 (margins of error apply, especially in small towns). Figures are in 2024 dollars.
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