Overview / New Jersey

Cumberland

county · 13 metrics · 5y change · report

Median gross rent
$1,254
+17.3% over 5y · rank 18/21
Median household income
$64,499
+19.1% over 5y · rank 17/21
Median owner-occupied home value
$205,600
+26.5% over 5y · rank 13/21
Total population
152,915
+0.7% over 5y · rank 21/21
Renters paying over 30% of income on housing
0.53
-11.6% over 5y · rank 1/21
Area median income (HUD)
$75,800
+12.0% over 5y · rank 21/21
Low-income limit, 80% AMI, 4-person household
$72,100
+22.8% over 5y · rank 15/21
Net migration, tax returns
-206
+64.0% over 5y · rank 7/21
Residential units permitted
216
+58.8% over 5y · rank 5/21
Home value to area median income
3.50
+37.7% over 5y · rank 21/21
Home value to household income
3.83
+29.8% over 5y · rank 20/21
Unemployment rate
7.5%
-11.8% over 5y · rank 20/21
Home value index, single-family
$279,971
+39.3% over 5y · rank 8/21

Home value index, single-family

Home value index, single-family · 318 observations
$87,573$190,898$294,2232000-012026-06

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PeriodValueSourceMatched by
2026-06-01$279,971zillow_zhvifips
2026-05-01$279,923zillow_zhvifips
2026-04-01$279,517zillow_zhvifips
2026-03-01$278,732zillow_zhvifips
2026-02-01$278,332zillow_zhvifips
2026-01-01$277,931zillow_zhvifips
2025-12-01$277,909zillow_zhvifips
2025-11-01$277,800zillow_zhvifips
2025-10-01$277,768zillow_zhvifips
2025-09-01$277,542zillow_zhvifips
2025-08-01$276,971zillow_zhvifips
2025-07-01$276,606zillow_zhvifips
2025-06-01$276,418zillow_zhvifips
2025-05-01$275,860zillow_zhvifips
2025-04-01$275,176zillow_zhvifips
2025-03-01$274,265zillow_zhvifips
2025-02-01$273,988zillow_zhvifips
2025-01-01$273,651zillow_zhvifips
2024-12-01$273,366zillow_zhvifips
2024-11-01$272,508zillow_zhvifips
2024-10-01$271,405zillow_zhvifips
2024-09-01$270,337zillow_zhvifips
2024-08-01$269,026zillow_zhvifips
2024-07-01$267,465zillow_zhvifips

zori_all

zori_all · 32 observations
1,445.71,580.81,715.92023-112026-06

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PeriodValueSourceMatched by
2026-06-011,670zillow_zorifips
2026-05-011,660.7zillow_zorifips
2026-04-011,697.3zillow_zorifips
2026-03-011,692.1zillow_zorifips
2026-02-011,676.3zillow_zorifips
2026-01-011,609.5zillow_zorifips
2025-12-011,575.5zillow_zorifips
2025-11-011,561.3zillow_zorifips
2025-10-011,592.8zillow_zorifips
2025-09-011,588.5zillow_zorifips
2025-08-011,590.2zillow_zorifips
2025-07-011,591.7zillow_zorifips
2025-06-011,629.5zillow_zorifips
2025-05-011,629.9zillow_zorifips
2025-04-011,617.5zillow_zorifips
2025-03-011,599.8zillow_zorifips
2025-02-011,582.4zillow_zorifips
2025-01-011,552.1zillow_zorifips
2024-12-011,534zillow_zorifips
2024-11-011,528zillow_zorifips
2024-10-011,525.8zillow_zorifips
2024-09-011,529.5zillow_zorifips
2024-08-011,541.6zillow_zorifips
2024-07-011,539.2zillow_zorifips

Median household income

Median household income · 5 observations
$53,321$59,324$65,3272015-012019-01

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PeriodValueSourceMatched by
2019-01-01$64,499census_acsfips
2018-01-01$62,310census_acsfips
2017-01-01$58,397census_acsfips
2016-01-01$55,709census_acsfips
2015-01-01$54,149census_acsfips

Current values

Each metric’s most recent reading, ranked against peers by value rather than by change. The MOD-IV assessment aggregates appear only here: they are a single published snapshot, and a change needs two observations.

MetricValueRankAs ofSource
Median gross rent$1,25420 / 212023-12-31census_acs
Median household income$64,49921 / 212023-12-31census_acs
Median owner-occupied home value$205,60021 / 212023-12-31census_acs
Total population152,91516 / 212023-12-31census_acs
Renters paying over 30% of income on housing0.5319 / 212023-12-31census_acs
Area median income (HUD)$75,80021 / 212024-12-31hud
Low-income limit, 80% AMI, 4-person household$72,10021 / 212024-12-31hud
Net migration, tax returns-20610 / 212022-12-31irs_migration
Residential units permitted21619 / 212024-12-31census_permits
Home value to area median income3.506 / 212024-12-31hip_derived
Home value to household income3.837 / 212023-12-31hip_derived
Annual rent to household income0.2712 / 182023-12-31hip_derived
Unemployment rate7.5%20 / 212025-12-31bls
Home value index, single-family$279,97121 / 212026-06-30zillow_zhvi
Observed rent index, all homes$1,67019 / 192026-06-30zillow_zori

Interpretation

written by Gemma 4 E4B · ollama

The underlying figures have changed since this was written. Treat it as out of date until it is regenerated.

Cumberland County has experienced significant growth in housing costs and development potential. The median gross rent increased by 17.3% between 2019 and 2023, while the median owner-occupied home value rose by 26.5% over the same period. These increases contribute to a substantial rise in the Home value to area median income, which jumped 37.7% and ranks at the worst end (21/21) compared to peer regions. Despite these rising costs, the region's affordability metrics show a positive trend, as the percentage of renters paying over 30% of income on housing decreased by 11.6%, ranking it best (1/21) among peers.

Income metrics also show strong growth, with the median household income increasing by 19.1% and the Area median income (HUD) rising 12.0%. The unemployment rate saw a decline of 11.8%, ranking the county poorly (20/21) among peers. Furthermore, the county saw a large increase in net migration, with tax returns showing a 64.0% rise. Housing development is also accelerating, evidenced by residential units permitted increasing by 58.8%.

It is important to note that these figures are subject to several caveats: the affordability ratios are computed by the platform and not published by the source, and the 5-year estimates used for some metrics overlap by four years, meaning consecutive estimates are not independent measurements. Additionally, the Area median income (HUD) is a county figure, and the Zillow rent index, which is used for some rent figures, rests on a thinner base and ranks against a smaller cohort than the home value figures.

Generated by a local language model from this region's analysis packet. It is interpretation of computed metrics, not a measurement, and not advice.

Caveats