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Cumberland County Housing Market

Maine · 16 counties · Ranked #2936 in home value

Above National Avg

Housing at a Glance

Median Home Value

$411,400

vs national+$411,400 vs $281,900 national

Median Gross Rent

$1,492/mo

vs national+$1,492 vs $1,163 national

Effective Tax Rate

1.11%

vs national+1.11% vs 1.02% national

Median Household Income

$92,983

vs national+$92,983 vs $74,755 national

Affordability Ratio

4.4x

Home value ÷ income. <3 = affordable, >5 = expensive.

Rent Burden

29.0%

% of income spent on rent. >30% = burdened.

More Housing Data

Property Tax (Median)

$4,577

Tax as % of Home Value

1.11%

Monthly Owner Cost

$1,609

Renter Income

$57,048

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Similar Counties by Home Value

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Frequently Asked Questions

What is the median home value in Cumberland County?

The median home value in Cumberland County is $411,400. This is above the national median of $281,900.

How much is rent in Cumberland County?

The median gross rent in Cumberland County is $1,492 per month.

What is the property tax rate in Cumberland County?

The effective property tax rate in Cumberland County is 1.11%. The median annual property tax bill is $4,577.

Is Cumberland County affordable?

With a home-value-to-income ratio of 4.4x, Cumberland County is moderately affordable compared to the recommended 3-4x guideline.

Data: U.S. Census Bureau, American Community Survey (ACS) 5-Year Estimates (2019-2023) — Informational only. Not financial or legal advice.