Is Cumberland Hill, Rhode Island a Good Place To Live? - Living In Cumberland Hill, RI
Is Cumberland Hill, Rhode Island a good place to live?
Cumberland Hill is a city in Rhode Island state in USA with a population of 8515 residents..
The poverty rate of Cumberland Hill is 6.4%, which is 54% lower than national average.
The typical household in Cumberland Hill earns $94773 a year, compared to the national median of $67,500.
Nearly 24.1% 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 Hill, only 93% of adults have a high school diploma, compared to the 87.7% of adults nationwide. The unemployment rate of Cumberland Hill remained 0.5%, which is 89% lower than national rate. Higher educational attainment can lead to improved job security and reduce the likelihood of financial insecurity. In Cumberland Hill, only 47% of adults have a bachelor's degree and 27% have some college but no degree.
Cost of living in Cumberland Hill is 118, which is 18% higher than national average. Median home value in Cumberland Hill is $284400 , which is 24% higher than national average. While median income in Cumberland Hill remained $94773, which is 40% higher than national average. Not only are incomes low in the town, but it also has a high cost of living, meaning a dollar does not go as far as it might elsewhere.
A high school education is a basic prerequisite for most jobs, and in Cumberland Hill, only 93% of adults have a high school diploma, compared to the 87.7% of adults nationwide. The unemployment rate of Cumberland Hill remained 0.5%, which is 89% lower than national rate. Higher educational attainment can lead to improved job security and reduce the likelihood of financial insecurity. In Cumberland Hill, only 47% of adults have a bachelor's degree and 27% have some college but no degree.
Cost of living in Cumberland Hill is 118, which is 18% higher than national average. Median home value in Cumberland Hill is $284400 , which is 24% higher than national average. While median income in Cumberland Hill remained $94773, which is 40% higher than national average. Not only are incomes low in the town, but it also has a high cost of living, meaning a dollar does not go as far as it might elsewhere.
Population
8515
Unemployment
0.5%
Poverty
6.4%
Overall Score
7.5
Median Home Cost
$284400
24%
NAT AVG.
Median Income
$94773
40%
NAT AVG.
Median Rent
$958
17%
NAT AVG.
Cost Of Living
118
18%
NAT AVG.
People Living BPL
1 in 16
Unemployed People
1 in 200
People Earning < $10,000
1 in 26
People Earning < $50,000
24.1%
People with <= High School
1 in 3.8
People With Any Degree
1 in 1.8
Pros & Cons Overview
Jobs95%
Housing80%
Affordability85%
Safety85%
Amenities85%
Diversity80%
Education85%
Commute80%
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