EconPulse

county

Cumberland County, North Carolina

NC · population 338,545 · GEOID 37051

No score yet. It is computed when the file is built.

Median gross rent is better than the national figure.

U.S. Census Bureau · American Community Survey 5-Year · B01003 · 2020-2024 · pulled 2026-10-31

data 2026.10 · built 2026-10-31 · pulled 2026-10-31

Population

338,545

3.16% of North Carolina · 338,545 of 10,730,404

Receipt U.S. Census Bureau · American Community Survey 5-Year · B01003 · 2020-2024 · pulled 2026-10-31

Unemployment

4.0%

+0.0 pts above the United States

2024-012026-09

This placeUnited States

Table, 32 periods
Unemployment, against United States
PeriodThis placeUnited StatesMargin
2024-014.7%4.1%—
2024-024.8%4.2%—
2024-034.5%3.9%—
2024-044.0%3.5%—
2024-054.3%3.7%—
2024-064.9%4.3%—
2024-075.2%4.5%—
2024-085.0%4.4%—
2024-094.1%3.9%—
2024-104.0%3.9%—
2024-114.5%4.0%—
2024-124.2%3.8%—
2025-014.9%4.4%—
2025-024.9%4.5%—
2025-034.7%4.2%—
2025-044.3%3.9%—
2025-054.7%4.0%—
2025-065.0%4.4%—
2025-075.3%4.6%—
2025-085.2%4.5%—
2025-094.6%4.3%—
2025-114.7%4.3%—
2025-124.2%4.1%—
2026-015.1%4.7%—
2026-024.7%4.7%—
2026-034.4%4.3%—
2026-044.3%4.0%—
2026-054.3%4.1%—
2026-064.4%4.4%—
2026-074.7%4.4%—
2026-084.6%4.3%—
2026-094.0%4.0%—

Receipt U.S. Bureau of Labor Statistics · Local Area Unemployment Statistics · LAUCN370510000000003 · 2026-09 · pulled 2026-10-31

Median gross rent

$1,222

better than the United States

This place $1,222
North Carolina $1,228
United States $1,413

Receipt U.S. Census Bureau · American Community Survey 5-Year · B25064 · 2020-2024 · pulled 2026-10-31

Output

$24.4B

+5.6% vs 2023

20162024
Table, 9 periods
Output
PeriodOutputMargin
2016$18.1B—
2017$16.9B—
2018$17.4B—
2019$18.3B—
2020$18.7B—
2021$20.4B—
2022$21.7B—
2023$23.1B—
2024$24.4B—

North Carolina $844.2B · this place is 2.90% of the state

This measure has no national series.

Receipt U.S. Bureau of Economic Analysis · BEA Regional, CAGDP2 · CAGDP2-1 · 2024 · pulled 2026-10-31

Federal obligations

$7.1B

−9.6% vs FY2025

FY2021FY2026
Table, 6 periods
Federal obligations
PeriodFederal obligationsMargin
FY2021$9.7B—
FY2022$9.5B—
FY2023$9.0B—
FY2024$8.6B—
FY2025$7.8B—
FY2026$7.1B—

This measure has no state or national series.

Receipt USAspending.gov · Federal award obligations by county · spending_by_geography · FY2026 · pulled 2026-10-31

More about this place

Median age 32.0 U.S. Census Bureau · 2020-2024
Bachelor's degree or higher 27.8% U.S. Census Bureau · 2020-2024
Poverty rate 16.7% U.S. Census Bureau · 2020-2024
Labor force participation 64.6% U.S. Census Bureau · 2020-2024
Median home value $199,200 U.S. Census Bureau · 2020-2024
Median household income $61,291 U.S. Census Bureau · 2020-2024
Unemployment rate, five-year average 7.6% U.S. Census Bureau · 2020-2024
Consumer price index (United States) 336 U.S. Bureau of Labor Statistics · 2026-09-01
30-year fixed mortgage rate (United States) 7.2% Freddie Mac · 2026-10-29
Share of North Carolina 3.16% U.S. Census Bureau · 2020-2024