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Cumberland, IN

Full City Profile · Indiana · Hancock County County

3.5 /5.0
B+ Good
6,154 Population 2,190/sq mi density
$84,167 Median Income $46,458 per capita
$241,200 Home Value $286,184 Zillow
$990 Median Rent 28.8% income on rent
52°F Avg Temperature 293 sunny days/yr
187 Violent Crime/100K 3,733 property/100K
B+
Overall
3.5 / 5.0
Good overall score based on economy, affordability, safety and education
A+
Economy
4.5 / 5.0
$84,167 median income, 3.2% unemployment
A+
Affordability
5.0 / 5.0
$241,200 home value, $990/mo rent
F
Safety
1.0 / 5.0
187 violent crimes/100K
B+
Education
3.5 / 5.0
31.6% bachelor's degree or higher

Housing Overview

Median Home Value
$241,200
14% below
US avg: $281,900
Median Rent
$990/mo
15% below
US avg: $1,163/mo
Homeownership Rate
75.7%
16% above US avg (65.4%)
Total Housing Units
2,567
Median year built: 1988

Home Value by Source

Census Median
$241,200
Zillow (ZHVI)
$286,184
Median Sale Price
$234,000
Median List Price
$268,950
Census ACS, Zillow ZHVI, Redfin median sale price

Ownership vs. Renting

75.7%
Owner-Occupied
24.3%
Renter-Occupied
76%
24%
US avg: 65.4% owner-occupied

Fair Market Rents (HUD FY2026)

Studio
$816/mo
1 Bedroom
$882/mo
2 Bedroom
$1,096/mo
3 Bedroom
$1,391/mo
4 Bedroom
$1,590/mo
Census median rent: $990/mo

Market Indicators (Redfin)

Median Days on Market
71 days
Sale-to-List Ratio
0.9%
Buyers market
Homes Sold
16
Price Drops
37.9%
of listings with price reduction
Price Per Sq Ft
$146
Active Inventory
29
homes for sale

Affordability & Housing Stock

Rent Burden
28.8%
of renters spending 30%+ of income on housing
7% below US avg (31.0%)
Median Year Built
1988
Average age of housing stock: 38 years
Homeownership Rate
75.7%

Complete Housing Data

Home Values

Census Median Value$241,200
Zillow Home Value (ZHVI)$286,184
Median Sale Price$234,000
Median List Price$268,950
Price Per Sq Ft$146

Rent

Census Median Rent$990
FMR Studio$816
FMR 1-Bedroom$882
FMR 2-Bedroom$1,096
FMR 3-Bedroom$1,391
FMR 4-Bedroom$1,590

Market

Days on Market71
Sale-to-List Ratio0.9%
Price Drops37.9%
Homes Sold16
Active Inventory29
Price Per Sq Ft$146

Ownership & Stock

Owner-Occupied75.7%
Renter-Occupied24.3%
Homeownership Rate75.7%
Total Housing Units2,567
Median Year Built1988
Rent Burden28.8%