Cost of Living,
Cumberland's Real Estate Market
Cumberland Metro Area
Profile: Small town Location: Western Maryland in the western portion of the panhandle, between Pennsylvania and West Virginia Elevation: 1233 Time zone: Eastern Standard Time
|Cost of living||Isolation|
|Nearby mountains||Arts & culture|
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Cumberland has a history as a transportation center and gateway to the west. Originally, the Chesapeake and Ohio Canal met toll roads to the west there. Later came the railroads and the historic National Road—now U.S. 40. Cumberland is still a railroad town, with almost 1000 employed by CSX, but that figure has declined significantly over the decades.
Today the town has a small manufacturing base, some call centers and a strong tourist economy, but employment trends are weak. There is a lot of historic interest in the old downtown, and it has been preserved and rehabilitated into a destination area. The low cost of living relative, quiet mountain setting with abundant outdoor recreational opportunities, and beautiful fall seasons are the area’s main draws.
Cumberland is in a small valley, at a bend in the Potomac River, surrounded by deciduous forest and the 3,000 feet-high Appalachian Mountains. Summers are calm, warm, and humid with occasional thundershowers. The mountains moderate winter storms, but periods of cold and snow with occasional freezing rain occur annually. Warm moist southerly air frequently meets cooler, drier northern air, creating periods of extended precipitation. First freeze is late October, last is early April.
Interesting Facts about Cumberland, Maryland
As of 2014, Cumberland's population is 20,776 people. Since 2000, it has had a population growth of -4.85 percent.--------------------
The median home cost in Cumberland is $78,600. Home appreciation the last year has been -0.40 percent.--------------------
Compared to the rest of the country, Cumberland's cost of living is 13.80% Lower than the U.S. average.--------------------
Cumberland public schools spend $15,600 per student. The average school expenditure in the U.S. is $12,435. There are about 14.5 students per teacher in Cumberland.--------------------
The unemployment rate in Cumberland is 6.30 percent(U.S. avg. is 6.30%). Recent job growth is Negative. Cumberland jobs have Decreased by 0.03 percent.
Ranked #20 America's Best and Worst Cities for Crime (Smallest Metro Areas)
Ranked #41 America's Most (and Least) Stressful Cities (117 Smallest Metro Areas)
Ranked #51 Best Green Cities
Ranked #175 2005 Best Places to Live
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Average Commute time is 16 minutes. The National Average is 25 minutes.--------------------
Cumberland's Real Estate Market (click to see properties)
• Newly Listed Homes
• Most Expensive Listing
• Million Dollar Houses
• Homes from $750,001 to $1,000,000
• Homes from $500,001 to $750,000
• Homes from $250,000 to $500,000
• Homes under $250,000
• Median Priced Homes