Cave Spring, VA
Demographics And Statistics

Demographics | Cost Of Living
Updated: 2023-12-15

Living In Cave Spring, Virginia Summary

Life in Cave Spring research summary. HomeSnacks has been using Saturday Night Science to research the quality of life in Cave Spring over the past nine years using Census, FBI, Zillow, and other primary data sources. Based on the most recently available data, we found the following about life in Cave Spring:

  • The population in Cave Spring is 26,013.

  • The median home value in Cave Spring is $299,925.

  • The median income in Cave Spring is $83,538.

  • The cost of living in Cave Spring is 98 which is 1.0x lower than the national average.

  • The median rent in Cave Spring is $1,176.

  • The unemployment rate in Cave Spring is 2.7%.

  • The poverty rate in Cave Spring is 7.6%.

  • The average high in Cave Spring is 66.7° and the average low is 45.3°.

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Cave Spring SnackAbility

7.5
Overall SnackAbility
Jobs
8.5/10
Housing
8
Affordability
8
Diversity
8
Safety
N/A
Amenities
9
Education
9
Commute
8
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Cave Spring, VA Cost Of Living

Cost of living in Cave Spring summary. We use data on the cost of living to determine how expensive it is to live in Cave Spring. Real estate prices drive most of the variance in cost of living around Virginia. Key points include:

  • The cost of living in Cave Spring is 98 with 100 being average.

  • The cost of living in Cave Spring is 1.0x lower than the national average.

  • The median home value in Cave Spring is $299,925.

  • The median income in Cave Spring is $83,538.

98
Cave Spring's Overall Cost Of Living
1.0x
Lower Than The National Average

Cost Of Living In Cave Spring Comparison Table

Living Expense Cave Spring Virginia National Average
Overall 98 102 100
Services 97 102 100
Groceries 88 98 100
Health 94 102 100
Housing 105 107 100
Transportation 92 95 100
Utilities 105 102 100

Cave Spring, VA Weather

  • The average high in Cave Spring is 66.7° and the average low is 45.3°.

  • There are 77.6 days of precipitation each year.

  • Expect an average of 43.6 inches of precipitation each year with 15.5 inches of snow.

StatCave Spring
Average Annual High66.7
Average Annual Low45.3
Annual Precipitation Days77.6
Average Annual Precipitation43.6
Average Annual Snowfall15.5
66.7°
Average High
77.6°
Days of Rain

Rankings for Cave Spring in Virginia

Locations Around Cave Spring

Map Of Cave Spring, VA

Best Places Around Cave Spring

1

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2

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Population 16,386

3

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Population 45,147

4

Salem, VA
Population 25,372

5

Christiansburg, VA
Population 22,947

6

Vinton, VA
Population 8,045

7

Buena Vista, VA
Population 6,639

8

Lynchburg, VA
Population 79,166

9

Timberlake, VA
Population 12,999

10

Radford, VA
Population 16,379

Cave Spring Demographics And Statistics

Population over time in Cave Spring

The current population in Cave Spring is 26,013. The population has increased 1.9% from 2010.

Year Population % Change
2022 26,013 0.9%
2021 25,793 1.0%
2020 25,542 -0.7%
2019 25,719 0.6%
2018 25,554 0.0%
2017 25,547 -0.4%
2016 25,647 -0.7%
2015 25,836 -0.8%
2014 26,033 1.9%
2013 25,539 -

Race / Ethnicity in Cave Spring

White
81.6% (21,227)
African American
4.9% (1,286)
American Indian
0.3% (73)
Asian
6.9% (1,799)
Hawaiian
0.0% (0)
Other
0.1% (25)
Two Or More
1.9% (487)
Hispanic
4.3% (1,116)

Cave Spring is:

  • 81.6% White with 21,227 White residents.

  • 4.9% African American with 1,286 African American residents.

  • 0.3% American Indian with 73 American Indian residents.

  • 6.9% Asian with 1,799 Asian residents.

  • 0.0% Hawaiian with 0 Hawaiian residents.

  • 0.1% Other with 25 Other residents.

  • 1.9% Two Or More with 487 Two Or More residents.

  • 4.3% Hispanic with 1,116 Hispanic residents.

Race Cave Spring VA USA
White 81.6% 60.0% 58.9%
African American 4.9% 18.6% 12.1%
American Indian 0.3% 0.1% 0.6%
Asian 6.9% 6.8% 5.7%
Hawaiian 0.0% 0.1% 0.2%
Other 0.1% 0.5% 0.4%
Two Or More 1.9% 4.0% 3.5%
Hispanic 4.3% 10.0% 18.7%

Gender in Cave Spring

Female
53.1% (13,809)
Male
46.9% (12,203)
  • Cave Spring is 53.1% female with 13,809 female residents.

  • Cave Spring is 46.9% male with 12,203 male residents.

Gender Cave Spring VA USA
Female 53.1% 50.5% 50.4%
Male 46.9% 49.5% 49.6%

Highest level of educational attainment in Cave Spring for adults over 25

  • 4.0% of adults in Cave Spring completed < 9th grade.

  • 2.0% of adults in Cave Spring completed 9-12th grade.

  • 18.0% of adults in Cave Spring completed high school / ged.

  • 17.0% of adults in Cave Spring completed some college.

  • 9.0% of adults in Cave Spring completed associate's degree.

  • 31.0% of adults in Cave Spring completed bachelor's degree.

  • 12.0% of adults in Cave Spring completed master's degree.

  • 4.0% of adults in Cave Spring completed professional degree.

  • 3.0% of adults in Cave Spring completed doctorate degree.

< 9th Grade
4.0% (1,040)
9-12th Grade
2.0% (520)
High School / GED
18.0% (4,682)
Some College
17.0% (4,422)
Associate's Degree
9.0% (2,341)
Bachelor's Degree
31.0% (8,064)
Master's Degree
12.0% (3,121)
Professional Degree
4.0% (1,040)
Doctorate Degree
3.0% (780)
Education Cave Spring VA USA
< 9th Grade 4.0% 4.0% 4.0%
9-12th Grade 2.0% 5.0% 6.0%
High School / GED 18.0% 24.0% 26.0%
Some College 17.0% 18.0% 20.0%
Associate's Degree 9.0% 8.0% 9.0%
Bachelor's Degree 31.0% 23.0% 21.0%
Master's Degree 12.0% 13.0% 10.0%
Professional Degree 4.0% 3.0% 2.0%
Doctorate Degree 3.0% 2.0% 2.0%

Household Income For Cave Spring, Virginia

  • 2.0% of households in Cave Spring earn Less than $10,000.

  • 2.0% of households in Cave Spring earn $10,000 to $14,999.

  • 4.6% of households in Cave Spring earn $15,000 to $24,999.

  • 8.2% of households in Cave Spring earn $25,000 to $34,999.

  • 10.7% of households in Cave Spring earn $35,000 to $49,999.

  • 17.2% of households in Cave Spring earn $50,000 to $74,999.

  • 15.7% of households in Cave Spring earn $75,000 to $99,999.

  • 21.0% of households in Cave Spring earn $100,000 to $149,999.

  • 6.9% of households in Cave Spring earn $150,000 to $199,999.

  • 11.8% of households in Cave Spring earn $200,000 or more.

Less than $10,000
2.0% (52,659)
$10,000 to $14,999
2.0% (50,753)
$15,000 to $24,999
4.6% (119,854)
$25,000 to $34,999
8.2% (212,545)
$35,000 to $49,999
10.7% (277,119)
$50,000 to $74,999
17.2% (446,774)
$75,000 to $99,999
15.7% (408,649)
$100,000 to $149,999
21.0% (547,328)
$150,000 to $199,999
6.9% (178,471)
$200,000 or more
11.8% (307,142)
Income Cave Spring VA USA
Less than $10,000 2.0% 4.2% 4.9%
$10,000 to $14,999 2.0% 3.0% 3.8%
$15,000 to $24,999 4.6% 5.8% 7.0%
$25,000 to $34,999 8.2% 6.3% 7.4%
$35,000 to $49,999 10.7% 9.4% 10.7%
$50,000 to $74,999 17.2% 15.0% 16.1%
$75,000 to $99,999 15.7% 12.3% 12.8%
$100,000 to $149,999 21.0% 18.1% 17.1%
$150,000 to $199,999 6.9% 10.4% 8.8%
$200,000 or more 11.8% 15.6% 11.4%

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