District 6, Cumberland Home Value Statistics
Unlike the Census—which is an exact count of people and households every ten years—ACS statistics are estimated based on a representative survey sample. The data in this story only considers owner-occupied housing units.
For locations with populations under 60,000, the ACS is only available in 5-year estimates, rather than single-year periods. The 5-year estimates provide greater geographical granularity but a less granular time period.
How do District 6, Cumberland home values compare to those of Maryland and the United States?
How much are District 6, Cumberland homes worth in aggregate?
How many homes are affordable in District 6, Cumberland?
According to a rule of thumb, a household shouldn't spend more than 2.6 times their income on a home. This chart shows the number of owner-occupied homes in District 6, Cumberland broken down by this ratio, as well as their mortgage status.
About the Data
Data is from the U.S. Census Bureau's American Community Survey (ACS), 5-year estimates. This data only considered owner-occupied housing units. The following tables are used:
• Median Home Value: Table B25077
• Mortgage Status: Table B25082
• Mortgage Status and Value-to-Income Ratio: Table B25100
This report uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.