Income & Economy in Cumberland city, MD (21502)
Median Income
$58,721
*Adjusted for inflation (2023 dollars)
IRS Net Migration
+2,456
Wealth inflow
Population
41,810
Unemployment
5.5%
1.8pp above US avg
IRS migration statistics show a net inflow of about 2,456 for ZIP 21502 (Cumberland city, MD) on US5’s published series — a signal of people/tax filers moving in relative to those leaving. Inflows often track job growth, housing demand, or lifestyle migration; treat the figure as a directional indicator rather than a precise headcount.
Historical Trends in 21502 (2020–Present)
Since 2020, population grew 0.2%, median income fell 3.7% (inflation-adjusted), home values decreased 2.4%.
Economy & Jobs key statistics
| Income & Jobs | |
|---|---|
| Median household income | $58,721 |
| Unemployment | 5.5% |
| Establishments | 1,015 |
| Employees | 17,056 |