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Cave Spring CDP, Virginia

City

Population: 26,014 (2023 estimate)

Located in Virginia , Virginia

Census Bureau data for Cave Spring CDP from the American Community Survey. "Cities" in Census data include incorporated places, towns, villages, and census-designated places (CDPs) — all places where the Census collects community-level estimates.

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Data: U.S. Census Bureau, ACS 5-Year Estimates, 2023 (released December 2024).

Quick Facts — Cave Spring CDP

What is the median household income in Cave Spring CDP?
The median household income in Cave Spring CDP is $85,314 (U.S. Census Bureau ACS 5-Year Estimates, 2023).
What is the poverty rate in Cave Spring CDP?
The poverty rate in Cave Spring CDP is 4.6% (U.S. Census Bureau ACS 2023).
What is the median home value in Cave Spring CDP?
$296,700 (U.S. Census Bureau ACS 2023).
What is the average rent in Cave Spring CDP?
The median gross rent in Cave Spring CDP is $1,224 per month (U.S. Census Bureau ACS 2023).
What percentage of Cave Spring CDP residents have a college degree?
50.4% of adults in Cave Spring CDP hold a bachelor's degree or higher (U.S. Census Bureau ACS 2023).
Population
26,014
Median Income
$85,314
Median Home Value
$296,700
Poverty Rate
4.6%
Unemployment (ACS 2023)
2.9%
Median Age
42.0 yrs
Since 2019 Median Income: +$20,521 (+31.7%) Home Value: +$81,200 (+37.7%) Poverty Rate: +0.1 pp (+2.2%) Bachelor's+: +3.7 pp (+7.9%) Unemployment: -0.4 pp (-12.1%)

Demographics

Total Population 26,014
Median Age 42.0
Female 52.2%
Race & Ethnicity
Hispanic or Latino 4.2% White (non-Hisp.) 81.6% Black 3.8% Asian 7.1% Two or More 4.5% Other 0.7%
Asian Subgroups (% of total pop.)
Indian
4.7%
Chinese
1.2%
Vietnamese
0.3%
Korean
0.1%
Hispanic Subgroups (% of total pop.)
Puerto Rican
1.5%
Mexican
1.0%

Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023

Income & Poverty

Median Household Income $85,314 ±$4,098
-$5,660 vs. state
Per Capita Income $114,080
Median Family Income $105,414
Poverty Rate 4.6%
-2.2 pp vs. state
Child Poverty Rate 7.6%
Working-Age Poverty Rate
SNAP Recipients 4.3%
Social Security Income
Retirement Income 26.9%
Household Income Distribution
< $10k
2.1%
$10–15k
2.6%
$15–25k
4.4%
$25–35k
7.3%
$35–50k
8.8%
$50–75k
18.7%
$75–100k
14.8%
$100–150k
21.2%
$150–200k
7.9%
$200k+
12.2%

Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023

Housing

Total Housing Units 11,903
Owner-Occupied 70.0%
Renter-Occupied 30.0%
Vacancy Rate 7.9%
Median Home Value $296,700
-$64,000 vs. state
Median Gross Rent $1,224
Owner Cost Burden (30%+) 13.3%
Renter Cost Burden (30%+) 31.6%
Home Value Distribution
< $50k
1.5%
$50–100k
0.4%
$100–200k
5.3%
$200–300k
35.7%
$300–500k
39.1%
$500k–$1M
6.9%
$1M+
2.7%
Gross Rent Distribution
< $500
1.4%
$500–1k
28.7%
$1–1.5k
44.4%
$1.5–2k
15.6%
$2–2.5k
7.8%
$2.5–3.5k
1.6%
$3.5k+
0.4%
Vehicle Availability
No vehicle
4.1%
1 vehicle
32.9%
2 vehicles
40.9%
3+
22.1%
Housing Type
Single-fam. det.
63.5%
Single-fam. att.
6.0%
2–4 units
0.6%
5–19 units
8.8%
20+ units
5.0%
Housing Age
Pre-1940
0.8%
1940–1969
0.5%
1970–1999
23.1%
2000–2009
6.0%
2010+
5.5%

Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023

Education

High School or Higher 95.9%
Bachelor's or Higher 50.4%
+8.9 pp vs. state
Graduate Degree 19.3%
Some College / Associate 16.7%
Less Than High School 2.5%
Enrolled in School

Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023

Employment

Labor Force Participation 64.7%
Unemployment Rate 2.9%
-1.4 pp vs. state
Work from Home 16.1%
Self-Employed 4.4%
Government Workers 13.1%
Private For-Profit 82.5%
Industry
Edu/Health
29.8%
Finance
10.6%
Arts/Entmt.
10.3%
Retail
9.3%
Prof. Services
8.6%
Transportation
8.0%
Manufacturing
5.9%
Construction
5.1%
Wholesale
3.8%
Public Admin
2.7%
Information
1.2%
Agriculture
0.4%
Occupation
Management
51.0%
Sales
21.5%
Food Prep
14.2%
Production
9.0%
Construction
4.3%

Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023

Commute

Median Travel Time 20.6 min
Drove Alone 75.3%
Carpool 6.7%
Public Transit 0.2%
Work from Home 16.1%
Walked 0.9%
Bicycle

Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023

Households & Families

Total Households 10,967
Avg. Household Size 2.00
Avg. Family Size
Married-Couple Households 47.4%
Single-Mother Households
Single-Father Households
Living Alone
Households with Children 19.7%
Multigenerational

Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023

Age Distribution

Under 5
5.3%
5–9
5.5%
10–14
5.3%
15–19
7.1%
20–24
5.4%
25–34
12.5%
35–44
12.8%
45–54
13.1%
55–64
6.9%
65–74
6.9%
75–84
10.9%
85+
6.1%
Under 18: 20.4% Working age (18–64): 79.6% 65 and over: 19.1%

Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023

Social Characteristics

Immigration

Foreign Born 11.1%
Naturalized Citizen 59.4%
Speaks English Less Than Very Well 4.0%
Foreign-Born Origin
Asia
53.7%
Latin America
16.3%
Europe
14.9%
Africa
8.8%

Veterans & Disability

Veteran 6.9%
With a Disability 12.9%
Cognitive Difficulty
Ambulatory Difficulty

Health Insurance

Insured 95.5%
Uninsured 4.5%
Employer Insurance
Medicaid
Medicare

Technology & Mobility

Broadband Internet 91.8%
Has a Computer 94.9%
Same House 1 Year Ago 90.6%
Moved from Abroad 0.1%

Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023

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