Is Cumberland, Maryland a Good Place To Live? - Living In Cumberland, MD
Is Cumberland, Maryland a good place to live?
Cumberland is a city in Maryland state in USA with a population of 19495 residents..
The poverty rate of Cumberland is 20.9%, which is 49% higher than national average.
The typical household in Cumberland earns $40888 a year, compared to the national median of $67,500.
Financial hardship is relatively common in the city as 1 in every 5 residents live below the poverty line, well above the national poverty rate of 14.1%. Additionally, more than 1 in every 8 area households live on an income of less than $10,000 a year. Nationwide, 5.8% of households do. Nearly 57.8% of households earn less than $50,000 a year compared to 39% national rate.
A high school education is a basic prerequisite for most jobs, and in Cumberland, only 92% of adults have a high school diploma, compared to the 87.7% of adults nationwide. The unemployment rate of Cumberland remained 7.8%, which is 66% higher than national rate. Nearly 2 times comparable to 4.7% national rate, according to the Census. Higher educational attainment can lead to improved job security and reduce the likelihood of financial insecurity. In Cumberland, only 22% of adults have a bachelor's degree and 32% have some college but no degree.
Cost of living in Cumberland is 86, which is 14% lower than national average. Median home value in Cumberland is $104200 , which is 55% lower than national average. While median income in Cumberland remained $40888, which is 39% lower than national average.
A high school education is a basic prerequisite for most jobs, and in Cumberland, only 92% of adults have a high school diploma, compared to the 87.7% of adults nationwide. The unemployment rate of Cumberland remained 7.8%, which is 66% higher than national rate. Nearly 2 times comparable to 4.7% national rate, according to the Census. Higher educational attainment can lead to improved job security and reduce the likelihood of financial insecurity. In Cumberland, only 22% of adults have a bachelor's degree and 32% have some college but no degree.
Cost of living in Cumberland is 86, which is 14% lower than national average. Median home value in Cumberland is $104200 , which is 55% lower than national average. While median income in Cumberland remained $40888, which is 39% lower than national average.
Population
19495
Unemployment
7.8%
Poverty
20.9%
Overall Score
5
Median Home Cost
$104200
55%
NAT AVG.
Median Income
$40888
39%
NAT AVG.
Median Rent
$693
40%
NAT AVG.
Cost Of Living
86
14%
NAT AVG.
People Living BPL
1 in 5
Unemployed People
1 in 13
People Earning < $10,000
1 in 8
People Earning < $50,000
57.8%
People with <= High School
1 in 2.2
People With Any Degree
1 in 3.1
Pros & Cons Overview
Jobs40%
Housing50%
Affordability80%
Safety85%
Amenities85%
Diversity60%
Education80%
Commute85%
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