Median Household Income
$87,539 ± $6,404
Median Home Value
$325,800 ± $12,103
Median Gross Rent
$1,285 ± $67/mo
Per Capita Income
$49,725
Poverty Rate
5.9%
Unemployment Rate
2.9%
Homeownership Rate
69.5%
Bachelor's Degree or Higher
48.8%
Median Age
42.4
Average Commute
16 min
Households
11,043
Veterans
1,334
Population Over Time
Cave Spring grew 0.8% from 2014 to 2024.
2014
25,547
2016
25,719
2018
25,793
2020
25,193
2022
26,013
2024
25,742
Population by Race & Ethnicity
White
80.5%
Hispanic or Latino
5.6%
Black or African American
3.8%
Asian
6.9%
Nearby Cities in Virginia
Source: U.S. Census Bureau, American Community Survey, ACS 2020-2024. Estimates carry a margin of error (shown as ±) inherent to ACS's sample-based methodology.