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Cumberland County Housing Market

New Jersey · 21 counties · Ranked #1961 in home value

Below National Avg

Housing at a Glance

Median Home Value

$205,600

vs national$205,600 vs $281,900 national

Median Gross Rent

$1,254/mo

vs national+$1,254 vs $1,163 national

Effective Tax Rate

2.46%

vs national+2.46% vs 1.02% national

Median Household Income

$64,499

vs national$64,499 vs $74,755 national

Affordability Ratio

3.2x

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

Rent Burden

34.0%

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

More Housing Data

Property Tax (Median)

$5,048

Tax as % of Home Value

2.46%

Monthly Owner Cost

$1,437

Renter Income

$36,588

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Frequently Asked Questions

What is the median home value in Cumberland County?

The median home value in Cumberland County is $205,600. This is below the national median of $281,900.

How much is rent in Cumberland County?

The median gross rent in Cumberland County is $1,254 per month.

What is the property tax rate in Cumberland County?

The effective property tax rate in Cumberland County is 2.46%. The median annual property tax bill is $5,048.

Is Cumberland County affordable?

With a home-value-to-income ratio of 3.2x, 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.