Income & Economy in Cumberland, IN

Household income, poverty rates, employment, and economic data — 2023 ACS Data

Income Overview

Source: U.S. Census Bureau ACS (2023)

Median Household Income

$84,167

+15% vs national

Per Capita Income

$46,458

+25% vs national

Poverty Rate

4.3%

-68% vs national

Gini Index

0.3740

0 = perfect equality

Unemployment

4.4%

-16% vs national

SNAP Recipients

3.7%

of households

How Cumberland Compares

Source: Census ACS (2023)

Cumberland vs Similar Cities

Source: Census ACS (2023)

Compared to cities with under 10,000 residents. Cumberland is highlighted.

Median Household Income

Per Capita Income

Poverty Rate

Unemployment Rate

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Where Do You Stack Up?

Enter your household income to see how you compare to other households in Cumberland. The median household income here is $84,167.

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Income Distribution

Source: U.S. Census Bureau ACS (2023)
<$25K
6.6%
$25-50K
15.6%
$50-75K
20.3%
$75-100K
13.7%
$100-150K
19.6%
$150-200K
15.4%
$200K+
8.8%

Employment Snapshot

Source: U.S. Census Bureau ACS (2023)

Unemployment Rate

4.4%

-3% vs IN avg

Labor Force

3,644

Employed

3,468

How People Get to Work

Source: Census ACS (2023)

Employment by Sector

Source: Census ACS (2023)

Education & Workforce

Source: U.S. Census Bureau ACS (2023)

Bachelor's Degree+

23.1%

of adults 25+

High School Diploma+

45.0%

of adults 25+

Median Age

38.3

Work from Home

9.3%

of workers

The median household income in Cumberland, IN is $84,167, which is 14.9% above the national average of $73,224. Per capita income is $46,458. The poverty rate of 4.3% is lower than the IN state average of 11.9%. The Gini index of income inequality is 0.3740, where 0 represents perfect equality and 1 represents maximum inequality. The unemployment rate is 4.4%, compared to the state average of 4.5%. 23.1% of adults hold a bachelor's degree or higher.