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Cumberland Indiana Real Estate By Jennifer Hershey

Cumberland Indiana Real Estate

Cumberland, Indiana, is located in Marion County, of , and 8 miles E of Indianapolis, Indiana. Cumberland has a population of 5,500.

Cumberland Homes

Cumberland properties pool is 1,969 residential properties including Cumberland new homes. Median age of real estate in Cumberland is 1983. Average Household size is 3.08 people. 0% are one bedroom homes, 10% are 2 bedroom homes, 57% are 3 bedroom homes, 27% are 4 bedroom homes, and 6% are 5+ bedroom homes.

Cumberland Mortgage Statistics

Cumberland mortgages vs. USA median statistics

Homes Cumberland USA
Homes With No Mortgage 20%
30%
Homes With Mortgage 80%
70%
First Mortgage Only 55%
54%
First & Second Mortgage or HELOC 25%
16%

Cumberland Area Real Estate Tax

Cumberland Real estate Tax: Median Real Estate Taxes (2000) were $1,611 comparing to 1999 Median Family income $ 61,739. Compare to USA median yearly Real Estate Tax $1,300 and USA median Family Income $42,000 (1999).

Cumberland School District: Children make up 30% of Cumberland population. Cumberland has 1,650 under 18 years old residents, or 0.6 kids per one worker, or 0.84 kids per one household.

Cumberland Real Estate & Cumberland Homeownership

There are 354.42 or 18% one person households, 767.91 or 39% two person households, and 354.42 or 18% three person households in Cumberland, Indiana. Median residents age is 34.4, Senior citizens (65+) make up 474 or 8.6%% of Cumberland population.

There are 2,758 workers (over 16 years of age) in Cumberland. Of these, 92.6% drive to work. Approximately 1.45% of workers in Cumberland take public transportation. An estimated 1.31% walk to work.

Median Cumberland homeowner's housing expences are 18.2%

Crime in Cumberland (2003), crimes per 10,000 residents per year

Type of Crime Cumberland USA, 2003
Violent Crimes
NaN
47.5
Robberies
NaN
14.2
Aggravated Assaults
NaN
29.5
Property Crimes
NaN
358.8
Burglaries
NaN
74.0
Larceny-Thefts
NaN
241.5
Motor Vehicle Thefts
NaN
43.3

Invest in Cumberland Properties

When making a decision about buying real estate in Cumberland Indiana area, you should consider following statistical data:

Category Cumberland USA
Near Medium City
-
Near Large City
Indianapolis, Indiana
-
Cumberland Zip Codes
46229
-
Cumberland Area Codes
317
-
White population
85.2%
75.1%
African-American population
10.56%
12.3%
Asian
1.76%
3.6%
American Indian & Alaskan
0.22%
0.9%
Hispanic (of any race)
1.45%
12.5%
Median Family Income (1999)
$ 61,739%
$42,000
Population Below Poverty Level
6.35%
12.4%

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See Also:

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