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Cumberland County, NC

RANK #516 / 996  ·  POP 335,207  ·  NC

PROJECTED GROWTH: +0.7%

Cumberland County shows below-average economic momentum. Growth signals are flat or softening.

[01] Why Cumberland County?

Cumberland County, North Carolina, is anchored by Fayetteville, a city recognized as an "All-American City" multiple times and notable for its proximity to Fort Liberty, one of the world's largest military installations. Located in the Sandhills region of southeastern North Carolina, the county is about an hour and a half from both North Carolina and South Carolina beaches. The Cape Fear River Trail offers a paved path for walking, running, and cycling, while Carvers Creek State Park provides miles of trails through longleaf pine ecosystems and fishing opportunities. Life in Cumberland County is shaped by its connection to the military, with many active-duty personnel and veterans residing in the area. The public school system, Cumberland County Schools, serves a diverse student population. The local economy is experiencing growth, with recent investments in manufacturing and technology sectors. The presence of educational institutions like Fayetteville State University, Methodist University, and Fayetteville Technical Community College also contributes to a skilled workforce.

[02] Market Snapshot

Housing Ratio
2.9x

Undervalued relative to economy

GDP Growth
+2.3%

Below national median

Home Prices
+0.2%

Well below national median

Climate & Terrain
-0.7

Below-average climate & terrain

Price/Rent
10x

Strong rental yield

Housing looks undervalued at 2.9x — home prices are low relative to local economic output. The typical U.S. county is 4–6x.

[03] Signal Profile

[04] Home Value Growth vs National

Cumberland County U.S. National

The Numbers

DEMOGRAPHICS
Population
335,207
+0.49% YoY
Median Household Income
$55,551
Median Home Value
$166,600
+0.24% 12mo
Median Rent
$1,098
Average Annual Pay
$55,785
+5.1% YoY
Employment
122,995
+0.4% YoY
Income-to-Home-Value
0.3334
More affordable than average
Migration Inflow
2.97%
of pop. from another state

Market Activity

REAL ESTATE
Median Sale Price
$253,000
Days on Market
57
Moderate pace
Months of Supply
3.8
Balanced market
Sale-to-List Ratio
97.4%
Negotiation room for buyers
Sold Above List
18.2%
Listings w/ Price Drops
26.2%
Building Permits (2024)
1,230
Single-Family Permits
1,030

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

[05] Capital Investment

$7,602M
TOTAL
PROJECT AMOUNT STATUS
Fayetteville Data Center Project (Dunn Road)
Energy Storage Solutions (ESS)
$6,400M Proposed
American Titanium Metal LLC Factory (Project Aero)
American Titanium Metal LLC
$868M Planned
Solar Components Manufacturing Facility (Project Smartie)
Undisclosed International Solar Components Manufacturer
$159M Proposed
Community Solar Portfolio (Multiple Projects)
Various (Cypress Creek Renewables, Fayetteville PWC, North Carolina El Member Corp)
$100M Operating
Erwin-Fayetteville East 230-kV Transmission Line Upgrade
Duke Energy
$50M Under Construction
Cargill Production Capacity Expansion
Cargill
$25M Under Construction

Source: public records, news, corporate announcements. Amounts are estimates where noted.

[06] Score Breakdown

GDP Growth +2.3% 42 percentile
Population Growth +0.5% 52 percentile
Income Growth +9.5% 72 percentile
Vacancy Rate 1.8% 11 percentile
Home Price Change +0.2% 34 percentile
Rent Growth +2.7% 44 percentile
Price/Rent 10x 92 percentile

Bars show percentile rank among all 996 counties.

[07] Frequently Asked Questions

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

Cumberland County has a Boom Town Index score of 48/100, ranking #516 among 996 U.S. counties. With job growth at +0.4% and a median household income of $55,551, it faces some economic headwinds compared to faster-growing counties.

Is Cumberland County affordable?

The median home value in Cumberland County is $166,600 with median rent at $1,098/month. The income-to-home-value ratio is 0.3334, which is more affordable than the national average.

Is Cumberland County growing or shrinking?

Population growth: +0.5% year-over-year. Job growth: +0.4%. Home values changed +0.2% in the past 12 months.

Are people moving to Cumberland County?

Yes — 2.97% of Cumberland County's population moved from another state, which is above the national average and indicates strong in-migration.

[08] Similar Metros

Worcester County, MA 58 Craven County, NC 58 Rutherford County, NC 58 Orangeburg County, SC 58 Jefferson County, TN 58 Gibson County, TN 58 Albemarle County, VA 58 Berks County, PA 58