Cumberland, IA Real Estate
According to census data in the year 2000 there were 142 housing units in Cumberland.
This represents a 12.3% decline from 162 in 1990.
Of those housing units, none were located in either urbanized areas or urban clusters, and 142 were located in what is classified as a rural area.
Homeownership rate in Cumberland is about 78.4%.
Cumberland's vacancy rate, including seasonal lodging, is about 12%.
Average household size is 2.13 people.
The majority of houses, apartments or condos in Cumberland were built after 1939.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 0% |
| One Bedroom | 7.70% |
| Two Bedrooms | 45.80% |
| Three Bedrooms | 29.60% |
| Four Bedrooms | 14.10% |
| Five Bedrooms or more | 2.80% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.38 |
| Median year structure was built | 1939 |
| Median Value of occupied units | $23,300 |
| Median Price asked for vacant units | $17,500 |
Rented Homes, Apartments and Condos
| Average Household Size | 1.22 |
| Median year structure was built | 1972 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0% |
| Second Mortgage | 0% |
| Home Equity Loan | 2.40% |
| Simple Mortgage | 36.50% |
| Debt Free | 61.20% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 12.1% |
