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Cumberland Center, ME Real Estate


According to census data in the year 2000 there were 914 housing units in Cumberland Center. This represents a 35.8% growth from 673 in 1990.

Of those housing units, 510 were located in either urbanized areas or urban clusters, and 404 were located in what is classified as a rural area.

Homeownership rate in Cumberland Center is about 91.5%. Cumberland Center's vacancy rate, including seasonal lodging, is about 1.6%. Average household size is 2.89 people.

The majority of houses, apartments or condos in Cumberland Center were built after 1968.

Statistics

Housing Size

Housing Units by Size
Studio Type0%
One Bedroom3.90%
Two Bedrooms18.90%
Three Bedrooms43.20%
Four Bedrooms29.60%
Five Bedrooms or more4.30%
As % of Housing Units
         

Owned Homes, Apartments and Condos

Average Household Size3
Median year structure was built1968
Median Value of occupied units$166,000

Rented Homes, Apartments and Condos

Average Household Size1.7
Median year structure was built1979

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan1.50%
Second Mortgage6.10%
Home Equity Loan16.40%
Simple Mortgage55.40%
Debt Free20.60%
As % of Housing Units
         
Median part of Monthly Household Income dedicated to covering home ownership costs21%