24 / 100

Cumberland County, ME

RANK #754 / 1001 NAT  ·  POP 308,827

1YR FORECAST: -0.4%

5YR OUTLOOK: +24%

Our model projects Cumberland County's housing market at -0.4% over the next year, underperforming most U.S. counties.

[01] Why Cumberland County?

Cumberland County, Maine, is defined by its blend of coastal charm and natural landscapes, with Portland serving as its largest city and county seat. The iconic Portland Head Light at Fort Williams Park in Cape Elizabeth, commissioned by George Washington, stands as a notable landmark. Located on Maine's southwestern coast, the county is about a 30-minute drive from Portland to towns like Cumberland, and roughly two hours north of Boston. The community offers access to Casco Bay and Sebago Lake, the state's second-largest lake, providing opportunities for boating, fishing, and swimming. Numerous parks and preserves, such as Twin Brook Recreation Area and Broad Cove Reserve, offer trails for hiking, biking, and skiing.

Life in Cumberland County offers a mix of urban amenities and quieter residential areas. Commute times average around 23-27 minutes, with many residents driving alone, though public transit options like the Greater Portland Metro bus service are available in some areas. The county is home to several highly-rated public school districts, including Cape Elizabeth, Falmouth, and Yarmouth. The economy is driven by sectors such as healthcare, tourism, and manufacturing, with companies like IDEXX Laboratories and Unum having a corporate presence. Recent economic developments include investments in infrastructure, such as a new playing field for the Portland Sea Dogs, and ongoing efforts in community development.

MARKET PROFILE

Idiosyncratic Markets

Cumberland County's data profile doesn't fit any single market profile cleanly — its housing, labor, and demographic signals pull in different directions (home prices +0.8% YoY, population +0.9%, wages +3.9%). About 414 U.S. counties show this kind of mixed-signal pattern.

See all 414 Idiosyncratic Markets counties →

[02] Market Snapshot

Housing Ratio
9.7x

Overvalued relative to economy

Home Prices
+0.8%

Well below national median

Climate & Terrain
1.1

Moderate climate & terrain

Price/Rent
16x

Above national median (15x)

Housing looks overvalued at 9.7x — home prices are high relative to local economic output. The typical U.S. county is 4–6x.

[03] Top Employers

  1. 1
    MaineHealth Healthcare
    10,000+
  2. 2
    Bath Iron Works (BIW) Military
    5,000+
  3. 3
    Hannaford Bros. Co. Retail
    2,500+
  4. 4
    IDEXX Laboratories Inc. Manufacturing
  5. 5
    Mercy Hospital Healthcare
    1,000+
  6. 6
    Bowdoin College Education
  7. 7
    Walmart / Sam's Club Retail
  8. 8
    TD Bank N.A. Finance
  9. 9
    Mid Coast Hospital Healthcare
  10. 10
    Thrive Technology

Estimated local headcount ranges. Larger employers shown as floor + "+"; smaller employers show exact counts where reported.

[04] Home Value Growth vs National

Cumberland County U.S. National

Bars show trailing 12-month growth. The dashed Forecast bars are the model's next-12-month projection; the whisker marks the ±1% range (cooling–accelerating).

The Numbers

DEMOGRAPHICS
Population
308,827
+0.94% YoY
Median Household Income
$95,677
Median Home Value
$451,200
+0.78% 12mo
Median Rent
$1,589
Average Annual Pay
$74,122
+3.9% YoY
Employment
194,200
+0.9% YoY
Income-to-Home-Value
0.2121
Near national average
Migration Inflow
1.95%
of pop. from another state
Bachelor's Degree+
53.0%
of residents (national avg: 33%)

Market Activity

REAL ESTATE
Median Sale Price
$590,000
Days on Market
28
Active market
Months of Supply
2.5
Seller's market
Sale-to-List Ratio
100.6%
Homes selling above asking
Sold Above List
40.8%
Listings w/ Price Drops
23.6%
Building Permits (2025)
1,756
Single-Family Permits
881

Source: Redfin · Census BPS — Browse sales on Redfin →

[05] Crime & Safety

A
SAFETY
GRADE
Homicide Rate
1.2
per 100K · nat avg 6.3
Firearm Fatalities
7.5
per 100K · nat avg 14.8
Injury Deaths
92.9
per 100K · nat avg 76.3
vs National Average
Well below national avg
based on homicide rate

Source: CDC/NCHS vital statistics via County Health Rankings (2020–2022 avg). Rates per 100,000 population. Grade based on homicide rate relative to national average (~6.3). Learn more →

[06] Air Quality

B
AIR QUALITY
GRADE
Median AQI (3yr)
37.3
Good
Good Air Days
83%
908 of 1,092 days
Unhealthy+ Days (3yr)
9
Sensitive groups affected
Primary Pollutant
Ozone
Ground-level ozone
Yearly Trend
2021
36
2022
36
2023
40
Median AQI · lower is better

Source: EPA Air Quality System (2021–2023). Grade based on 3-year average median AQI. Learn about AQI →

[07] Score Breakdown

Population Growth +0.9% 64 percentile
Income Growth +2.9% 54 percentile
Vacancy Rate 0.6% 88 percentile
Home Price Change +0.8% 36 percentile
Rent Growth +3.7% 65 percentile
Price/Rent 16x 45 percentile

Bars show percentile rank among all 1001 counties.

[08] Frequently Asked Questions

Is Cumberland County, ME a good place to move to?

At 24/100, Cumberland County faces headwinds that place it in the lower third of the 1001 counties we track. Median income of $95,677 combined with job growth of +0.9% suggests the local economy is struggling to keep pace with national trends.

Is Cumberland County affordable?

Cumberland County leans toward the expensive side. A median home value of $451,200 against an income-to-home-value ratio of 0.21 means housing eats a bigger share of local earnings than the national norm. Renters face $1,589/month on average.

Is Cumberland County growing or shrinking?

Cumberland County's population is growing — up +0.9% YoY — while the job market is roughly flat (employment change of +0.9%). Home values shifted +0.8% over the past year. In-migration is outpacing local hiring, which often points to remote workers or retirees driving the headcount.

Are many people relocating to Cumberland County?

Not particularly — 1.95% of Cumberland County's population moved in from another state, which is below the national average. Most residents are long-term locals rather than recent transplants.

[09] Similar Counties by Size & Score

York County, ME 30 Kennebec County, ME 33 Androscoggin County, ME 41 Penobscot County, ME 63 Somerset County, ME 75 Oxford County, ME 92 Martin County, FL 24 Weber County, UT 23