Neighborhood Profile

Cumberland Hill

Cumberland, RI | Providence County
Scored premium profile
Best Neighborhoods USA Index
71.1
National rank: #1,152 of 14,967
Stability and Strength
70.8
Score
Value Opportunity
71.8
Score
Momentum
70.7
Score
Score note: Rankings show denominators so users always see the size of the eligible cohort.
ContextValue
LocationCumberland, RI
CountyProvidence County
National rank#1,152 of 14,967
State rank#6 of 69
City rank#5 of 12
County rank#6 of 54
National percentile92.3
National bandTOP_10_PERCENT
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Housing and local fundamentals

Housing and market metricsValue
Current Zillow home value$553,356
Year-over-year home value change2.6%
Month-over-month home value change0.32%
Home value to income ratio4.35
Median household income$127,139
Bachelor's degree or higher49.8%
Civilian unemployment rate2.6%
Homeownership rate77.9%
Housing vacancy rate1.1%
Rent burden 30% or higher64.6%

How to read this profile

  • Ranks are always shown with denominators.
  • Momentum reflects both year-over-year and month-over-month housing change.
  • Stability and Strength and Value Opportunity are governed composite scores.
  • Identity composition is descriptive intelligence and is not a scoring component.
Questions and Answers

Questions About Living in Cumberland Hill

What is the Best Neighborhoods USA ranking for Cumberland Hill?

Cumberland Hill is ranked #5 of 12 eligible neighborhoods in Cumberland; #6 of 69 eligible neighborhoods in RI; and #1,152 of 14,967 eligible neighborhoods in the United States.

Is Cumberland Hill one of the best neighborhoods in Cumberland?

Cumberland Hill has a Best Neighborhoods USA Index of 71.1 and a city ranking of #5 of 12 eligible neighborhoods in Cumberland.

How much are homes worth in Cumberland Hill?

The current Zillow Home Value Index for Cumberland Hill is approximately $553,356.

Are home values rising or falling in Cumberland Hill?

Zillow neighborhood values changed 2.6% year over year and 0.32% month over month.

What is the Neighborhood Momentum Score for Cumberland Hill?

Cumberland Hill has a Neighborhood Momentum Score of 70.7. Momentum is 70% year-over-year and 30% month-over-month Zillow housing change.

What is the median household income in Cumberland Hill?

The NDS-derived neighborhood median household income is approximately $127,139.

How affordable is Cumberland Hill relative to household income?

The current Zillow home-value-to-household-income ratio is 4.35. Price-to-income affordability is a major Value Opportunity input.

Is Cumberland Hill primarily homeowners or renters?

The NDS-derived homeownership rate is approximately 77.9%.

What is the unemployment rate in Cumberland Hill?

The NDS-derived civilian unemployment rate is approximately 2.6%.

How educated are residents of Cumberland Hill?

Approximately 49.8% of residents age 25 and older are estimated to have a bachelor's degree or higher.

What share of renters in Cumberland Hill face high rent burden?

Approximately 64.6% of the applicable renter-household universe is estimated to spend 30% or more of household income on gross rent.

How does Best Neighborhoods USA score Cumberland Hill?

The overall index combines 40% Stability and Strength, 35% Value Opportunity, and 25% Momentum. Race, ethnicity, and identity composition are not scoring components.

Governed ranking context

How this neighborhood ranks

HMDA Mortgage Intelligence

Neighborhood Mortgage Market

FULL_OR_NEAR_FULL

Modeled neighborhood-level mortgage activity allocated from governed HMDA tract data using Zillow neighborhood geometry. These neighborhood values are nonadditive and do not enter the Best Neighborhoods USA Index.

Activity year2024
Estimated applications375
Estimated originations249
Home-purchase applications141
Origination rate66.5%
Home-purchase share37.7%
Average application loan$289,904
Total application loan amount$108,636,108
National application rank#856 of 14,874 rankable neighborhoods
Geometry coverage100.0%
Recent trend: Applications 5.9% YoY; originations 11.7% YoY
Mortgage methodology

HMDA is natively reported at tract and other lender-reporting geographies, not Zillow neighborhood or ZIP geography. This module uses the certified NDS HMDA-to-Zillow tract-vintage crosswalk and area-weighted allocation. Rankings require governed geometry coverage. Applicant demographics are excluded. Neighborhood values may overlap and must not be summed to reconstruct ZIP or national totals.