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Cumberland, WI Real Estate


According to census data in the year 2000 there were 1,130 housing units in Cumberland. This represents a 6.6% growth from 1,060 in 1990.

Of those housing units, none were located in either urbanized areas or urban clusters, and 1,130 were located in what is classified as a rural area.

Homeownership rate in Cumberland is about 66.4%. Cumberland's vacancy rate, including seasonal lodging, is about 10.5%. Average household size is 2.18 people.

The majority of houses, apartments or condos in Cumberland were built after 1961.

Statistics

Housing Size

Housing Units by Size
Studio Type1.10%
One Bedroom16.60%
Two Bedrooms31.10%
Three Bedrooms35.30%
Four Bedrooms12.60%
Five Bedrooms or more3.40%
As % of Housing Units
           

Owned Homes, Apartments and Condos

Average Household Size2.31
Median year structure was built1957
Median Value of occupied units$78,100
Median Price asked for vacant units$112,500

Rented Homes, Apartments and Condos

Average Household Size1.93
Median year structure was built1967
Median Monthly Rent asked for vacant units$208

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0%
Second Mortgage7.60%
Home Equity Loan9%
Simple Mortgage40.60%
Debt Free42.80%
As % of Housing Units
       
Median part of Monthly Household Income dedicated to covering home ownership costs16.5%