How much do homeowners pay a month in Cumberland Hill, RI?

Homeowners with a mortgage in Cumberland Hill, RI pay a median of $2,300 (±$157) a month in selected owner costs (2020–2024 American Community Survey).

Owners without a mortgage pay $893 (±$80).

65.8% of owned homes carry a mortgage.

In Cumberland Hill, the median monthly cost with a mortgage went from $1,718 in 2015–2019 to $2,300 in 2020–2024 (+33.9%).

Prices (CPI-U) rose 22.7% over the same years, so it rose faster than prices: a measurable increase after inflation.

Figures last updated on .

With a mortgage
$2,300 (±$157)
Without a mortgage
$893 (±$80)
Owned with a mortgage
65.8%

Monthly owner costs in Cumberland Hill

Median selected monthly owner costs, estimate (90% margin of error)
Cumberland HillProvidence CountyRhode IslandUnited States
With a mortgage$2,300 (±$157)$2,152 (±$25)$2,234 (±$17)$1,963
Without a mortgage$893 (±$80)$872 (±$14)$898 (±$10)$638
Owned homes with a mortgage65.8% (±7.9 points)68.2% (±1.2 points)66.6% (±0.8 points)60.6%
Median real estate taxes (a year)$4,390 (±$262)$4,683 (±$44)$4,900 (±$36)$3,119

Selected monthly owner costs are the mortgage payment, property taxes, insurance, utilities, fuels and any condominium or mobile-home fees.

In Cumberland Hill, the median cost with a mortgage is not measurably different from Providence County ($2,152).

It is not measurably different from Rhode Island ($2,234).

It is higher than the national figure ($1,963).

In Providence County, Cumberland Hill ranks 2 of 7 places with a published estimate, from highest to lowest median monthly cost with a mortgage.

Statewide, it ranks 6 of 18.

Rankings use the estimates alone; where margins of error overlap, neighboring ranks may not truly differ.

How owner costs in Cumberland Hill have changed since 2015–2019

2015–2019 and 2020–2024 American Community Survey 5-year estimates
2015–20192020–2024Amount of changeVerdict
Median owner cost with a mortgage$1,718 (±$79)$2,300 (±$157)+33.9%Up after inflation
Median real estate taxes$3,795 (±$188)$4,390 (±$262)+15.7%No measurable change after inflation
Median home value$262,100 (±$14,639)$394,300 (±$26,490)+50.4%Up after inflation

The Census Bureau publishes 2015–2019 dollars in 2019 dollars and 2020–2024 dollars in 2024 dollars.

Prices (the CPI-U, US Bureau of Labor Statistics) rose 22.7% between 2019 and 2024, so a dollar figure’s verdict compares the two after raising the earlier one by that much, using the Census Bureau’s test for a difference.

The two periods do not overlap, as the Census Bureau recommends for 5-year estimates.

Median monthly cost with a mortgage in places near Cumberland Hill

Nearest places with a published estimate, compared with Cumberland Hill
PlaceDistanceMedian monthly cost with a mortgageCompared with this place
Cumberland Hill—$2,300 (±$157)—
Woonsocket2.8 mi$1,961 (±$79)Lower
Lincoln4.1 mi$2,368 (±$155)Not measurably different
North Smithfield4.3 mi$2,428 (±$139)Not measurably different
Valley Falls5.0 mi$1,986 (±$139)Lower
Blackstone5.8 mi$2,426 (±$143)Not measurably different
Smithfield6.2 mi$2,336 (±$131)Not measurably different
North Attleborough Town6.4 mi$2,544 (±$97)Higher
Central Falls6.8 mi$1,917 (±$98)Lower

Nearby places with a measurably lower figure: Woonsocket, RI ($1,961), Valley Falls, RI ($1,986), Central Falls, RI ($1,917).

Nearby places with a measurably higher figure: North Attleborough Town, MA ($2,544).

Distance is measured in a straight line between the Census Bureau’s internal points for each place.

Median monthly cost with a mortgage across Providence County, place by place

RankPlaceMedian monthly cost with a mortgage
1Pascoag$2,411 (±$419)
2Cumberland Hill$2,300 (±$157)
3Greenville$2,181 (±$184)
4Harmony$2,155 (±$555)
5Harrisville$2,146 (±$125)
6Chepachet$2,017 (±$856)
7Valley Falls$1,986 (±$139)

Cumberland Hill is a census-designated place: an unincorporated community the Census Bureau draws for statistics, with no municipal government of its own.

It lies inside Cumberland, whose figures include it.

Survey years: 2020–2024 (American Community Survey 5-year estimates), compared with 2015–2019.

Margins of error are at the 90% confidence level.

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Questions about Cumberland Hill

What is the average mortgage payment in Cumberland Hill?

The Census Bureau publishes total owner costs rather than the mortgage alone: the median for owners with a mortgage in Cumberland Hill, RI is $2,300 (±$157) a month, including taxes, insurance and utilities.

How much does it cost to own a paid-off home in Cumberland Hill?

Owners without a mortgage in Cumberland Hill pay a median of $893 (±$80) a month in taxes, insurance, utilities and fees.

Has the cost of owning a home in Cumberland Hill gone up?

In Cumberland Hill, the median monthly cost with a mortgage went from $1,718 in 2015–2019 to $2,300 in 2020–2024 (+33.9%).

Prices (CPI-U) rose 22.7% over the same years, so it rose faster than prices: a measurable increase after inflation.

Sources

To check these figures in the Census Bureau’s own API, request the variables below from the 2024 ACS 5-year data profile (acs/acs5/profile) and detailed tables (acs/acs5) for Cumberland Hill CDP, Rhode Island (place:20260, in state:44).

Each estimate (E or PE) has a margin of error beside it (M or PM).

The 2015–2019 figures are B25088_002E, B25088_002M, B25103_001E, B25103_001M, B25077_001E, B25077_001M from the 2019 release.

The API needs a free key.

Request a Census API key.

DP04_0101E, DP04_0101M, DP04_0109E, DP04_0109M, DP04_0091PE, DP04_0091PM, B25103_001E, B25103_001M

This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.

Figures are published by the US Census Bureau, HUD, the Bureau of Labor Statistics and the FBI; Seayora reproduces them and does not adjust them, except where a sentence says it compares dollar figures after inflation. They describe the whole place, not any one building or street, and are not an appraisal, a rent determination, a tax bill, a safety rating or legal advice.

Figures last updated on .

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