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 Type | 1.10% |
| One Bedroom | 16.60% |
| Two Bedrooms | 31.10% |
| Three Bedrooms | 35.30% |
| Four Bedrooms | 12.60% |
| Five Bedrooms or more | 3.40% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.31 |
| Median year structure was built | 1957 |
| Median Value of occupied units | $78,100 |
| Median Price asked for vacant units | $112,500 |
Rented Homes, Apartments and Condos
| Average Household Size | 1.93 |
| Median year structure was built | 1967 |
| Median Monthly Rent asked for vacant units | $208 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0% |
| Second Mortgage | 7.60% |
| Home Equity Loan | 9% |
| Simple Mortgage | 40.60% |
| Debt Free | 42.80% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 16.5% |
