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Virginia · Census place 13720

Cave Spring CDP, VA

Quick answer

Cave Spring CDP has 26,014 residents, ranking #42 of 688 places in Virginia. Median household income is $85,314, the median home is worth $296,700 and median gross rent runs $1,224 a month.

Population
26,014Cave Spring CDP residents
Median household income
$85,314Past 12 months, inflation adjusted
Median home value
$296,700Owner-occupied units
Median gross rent
$1,224Rent plus utilities, monthly
Median age
42.3 yrsAll residents
Homeownership rate
70%Owner-occupied households

What the numbers mean in Cave Spring CDP

Housing cost measured against local earnings.

A household earning the Cave Spring CDP median would spend about 17.2% of gross income on the median rent. The 30% mark is the federal threshold for cost burden, so anything above it signals a stretched rental market. The median home costs 3.5× the median household income; nationally that ratio sits near 4.5×. Poverty affects 6.7% of residents and 70% of households own their home.

Source: US Census Bureau, ACS 2019-2023 5-year estimates · rates as published for 2019-2023 ACS 5-year

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