The typical owner-occupied home in Cumberland Center is worth about $539,500, 82% above the Maine median of $296,600 and 62% above the national median of $332,700. Owners pay a median $6,535 a year in property taxes, about 1.21% of their home's value, higher than the Maine rate of 1.02%. The median household earns $170,125 a year, so the median home costs 3.2 times the median income (4.0 times for Maine). 99% of occupied homes here are lived in by their owners, and 65% of those owners still have a mortgage.
Cumberland Center at a glance
| Cumberland Center | Maine | U.S. | |
|---|---|---|---|
| Median home value | $539,500 | $296,600 | $332,700 |
| Median property tax paid per year | $6,535 | $3,036 | $3,119 |
| Property tax as a share of value | 1.21% | 1.02% | 0.94% |
| Median household income | $170,125 | $74,733 | $80,734 |
| Homes lived in by their owners | 99% | 74% | 65% |
| Owner homes with a mortgage | 65% | 58% | 61% |
| Median monthly costs, owners with a mortgage | $2,398 | $1,729 | $1,963 |
| Those costs as a share of the owners' income | 17.4% | 20.6% | 21.0% |
| Median rent | – | $1,139 | $1,413 |
| Median year homes were built | 1975 | 1977 | 1980 |
| Vacant homes | 9.8% | 20.6% | 10.1% |
| Population | 2,790 | 1,387,817 | 334,922,499 |
What a typical home costs per month in Cumberland Center
At this week's average 30-year rate of 7.11%, buying the median Cumberland Center home of $539,500 with 20% down costs about $3,672 a month, including property taxes and insurance. With an FHA loan and 3.5% down, it's about $4,571, because the loan is bigger and FHA adds mortgage insurance.
Lenders usually want housing costs under about 28% of gross income, which means an income of roughly $157,380 for the 20%-down payment. That payment is 26% of the median Cumberland Center household income of $170,125; at that income and 20% down, the 28% guideline points to a home of about $583,000.
| Down payment | $107,900 |
|---|---|
| Loan amount | $431,600 |
| Principal and interest | $2,903 |
| Property taxes (1.21% a year) | $544 |
| Homeowners insurance (our estimate, 0.5% a year) | $225 |
| PMI | $0 |
| Total per month | $3,672 |
Change the numbers in the calculator
| Down payment | $18,882 |
|---|---|
| Loan amount | $529,728 |
| Principal and interest | $3,564 |
| Property taxes (1.21% a year) | $544 |
| Homeowners insurance (our estimate, 0.5% a year) | $225 |
| FHA mortgage insurance | $239 |
| Total per month | $4,571 |
Change the numbers in the calculator
Questions about home buying in Cumberland Center
What is the median home value in Cumberland Center?
About $539,500 for owner-occupied homes, according to the Census Bureau's 2020–2024 American Community Survey.
How much are property taxes in Cumberland Center?
Homeowners pay a median $6,535 a year, which is about 1.21% of the median home value. Your bill depends on your home's assessed value and local rates.
What income do you need to buy a home in Cumberland Center?
For the median home with 20% down at 7.11%, the payment is about $3,672 a month. Keeping that under 28% of gross income takes about $157,380 a year.
More about Cumberland Center
- Mortgage Refinance in Cumberland Center
- Debt Relief in Cumberland Center
- Home Equity Loans in Cumberland Center
- Guides and quotes for mortgage refinance on our sister site, MortgageRefinance.com
Sources: U.S. Census Bureau, American Community Survey 2020–2024 5-year estimates; Freddie Mac Primary Mortgage Market Survey, week of November 12, 2026. Estimates for small places have wide margins of error. About our data