Find property management in Cumberland, MD
Learn what to look for, compare Cumberland management companies, and get free quotes.
The response from my new manager was super and I expect a great working relationship with her company. - Rhonda M.
Cumberland Property Managers (1)
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DDYatesInvestments
- A locally owned and operated firm that prides itself on building genuine and healthy relationships with tenants, all while maintaining an efficient and productive relationship with owners. View full company profileMarket Info
Cumberland Management Companies
Are you looking for a professional property management company to oversee your home, condo, apartment building, commercial property or community association? Use our comprehensive directory of Cumberland property management companies to find and get quotes from multiple property managers in Cumberland, Maryland. You can also read our guide to hiring a property manager which covers everything from understanding the property management fee to breaking down property management contracts.
Housing Market Stats
| Cumberland | Maryland | U.S. | |
|---|---|---|---|
| Median Home Value | $108,400 | $333,900 | $192,400 |
| Owner Costs > 30% Income | 10.9% | 17.7% | 14.7% |
| Gross Rent > 30% Income | 16.5% | 21.6% | 19.2% |
Cumberland Housing Market Stats
As of 2008, the rental vacancy rate in Cumberland stood at 5%, relatively low compared to the rest of the country. There are about 46,209 housing units, averaging $108,400 in value, 29% of which are occupied by renters. The rent to price ratio in Cumberland is 0.5%, slightly higher than the Maryland average. For 17% of Cumberland tenants, 30% or more of their income goes to paying rent.
Demographic Stats
| Cumberland | Maryland | U.S. | |
|---|---|---|---|
| Avg Commute Time (minutes) | 24 | 30.8 | 25.3 |
| Median Age | 40.1 | 36.8 | 36.7 |
| Avg Household Size - Owners | 2.38 | 2.72 | 2.7 |
| Avg Household Size - Renters | 2.04 | 2.36 | 2.42 |
| Median Household Income | $37,840 | $68,404 | $52,175 |
| Per Capita Income | $21,034 | $34,079 | $27,466 |
Cumberland Demographic Info
Cumberland has a population of 99,144, comprised of 39,982 households, with on average 2 members per household. Out of approximately 46,639 people in the civilian workforce, 43,168 (93%) were employed in 2008. 86% of the population 25 and older has earned a high school diploma, with 14% holding a 4 year college degree.