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Cumberland, BC
Full City Profile · British Columbia
2.7
/5.0
C+
Fair
4,447
Population
397/sq mi density
$86,000
Median Income
$47,720 per capita
$650,000
Home Value
$1,250
Median Rent
19.1% income on rent
45°F
Avg Temperature
210 sunny days/yr
C+
Overall
2.7 / 5.0
Fair overall score based on economy, affordability, safety and education
B+
Economy
3.6 / 5.0
$86,000 median income, 8.0% unemployment
C
Affordability
2.4 / 5.0
$650,000 home value, $1,250/mo rent
C+
Safety
2.5 / 5.0
C
Education
2.3 / 5.0
16.4% bachelor's degree or higher
Housing Overview
Median Home Value
$650,000
131% above
US avg: $281,900
Median Rent
$1,250/mo
7% above
US avg: $1,163/mo
Homeownership Rate
72.0%
10% above US avg (65.4%)
Total Housing Units
1,840
Ownership vs. Renting
72.0%
Owner-Occupied
28.0%
Renter-Occupied
US avg: 65.4% owner-occupied
Affordability & Housing Stock
Rent Burden
19.1%
of renters spending 30%+ of income on housing
38% below US avg (31.0%)
Homeownership Rate
72.0%
Complete Housing Data
Home Values
| Census Median Value | $650,000 |
Rent
| Census Median Rent | $1,250 |
Market
Ownership & Stock
| Owner-Occupied | 72.0% |
| Renter-Occupied | 28.0% |
| Homeownership Rate | 72.0% |
| Total Housing Units | 1,840 |
| Rent Burden | 19.1% |