Cave Spring, VA

Census Place

2024 Population

25,742

US Senator

Mark Warner

Democratic Party

US Senator

Tim Kaine

Democratic Party

2024 Median Age

42.4

0.236% 1-year increase

2024 Poverty Rate

5.9%

11.8% 1-year decrease

2024 Median Household Income

$87,539

2.61% 1-year growth

2024 Median Property Value

$325,800

Population & Diversity

Cave Spring, VA is home to a population of 25.7k people, from which 95.5% are citizens.

As of 2024, 11.3% of Cave Spring, VA residents were born outside of the country (2.91k people).

In 2024, there were 11.5 times more White (Non-Hispanic) residents (20.4k people) in Cave Spring, VA than any other race or ethnicity. There were 1.77k Asian (Non-Hispanic) and 989 Black or African American (Non-Hispanic) residents, the second and third most common ethnic groups.

Population & Diversity

Citizenship

95.5%

2024 Citizenship

95.5%

2023 Citizenship

As of 2024, 95.5% of Cave Spring, VA residents were US citizens, which is higher than the national average of 93.2%. In 2023, the percentage of US citizens in Cave Spring, VA was 95.5%, meaning that the rate of citizenship has been decreasing.

The following chart shows US citizenship percentages in Cave Spring, VA compared to that of it's neighboring and parent geographies.

Diversity

Race and Ethnicity

The 3 largest ethnic groups in Cave Spring, VA

White (Non-Hispanic)
20.4k ± 1.18k
Asian (Non-Hispanic)
1.77k ± 258
Black or African American (Non-Hispanic)
989 ± 359

5.57%

Hispanic Population

1.43k people

5.57% of the people in Cave Spring, VA are hispanic (1.43k people).

The following chart shows the 8 races represented in Cave Spring, VA as a share of the total population.

Global Diversity

The PUMS dataset is not available at the Place level, so we are showing data for Virginia.

Most Common Origin

El Salvador
108,778 ± 8,047 people
India
98,440 ± 7,659 people
Mexico
58,677 ± 5,927 people

In 2024, the most common birthplace for the foreign-born residents of Virginia was El Salvador, the natal country of 108,778 Virginia residents, followed by India with 98,440 and Mexico with 58,677.

Foreign-Born Population

11.3%

2024 Foreign-Born Population

2.91k people

11.1%

2023 Foreign-Born Population

2.89k people

As of 2024, 11.3% of Cave Spring, VA residents (2.91k people) were born outside of the United States, which is approximately the same as the national average of 14%. In 2023, the percentage of foreign-born citizens in Cave Spring, VA was 11.1%, meaning that the rate has been increasing.

The following chart shows the percentage of foreign-born residents in Cave Spring, VA compared to that of it's neighboring and parent geographies.

Military

Veterans

Most Common Service Period

Vietnam
466 ± 157
Gulf War (2001-)
436 ± 179
Gulf War (1990s)
178 ± 92

Cave Spring, VA has a large population of military personnel who served in Vietnam, 1.07 times greater than any other conflict.

The chart shows the distribution of veterans by conflict in Cave Spring, VA.

Economy

The economy of Cave Spring, VA employs 13.8k people. In 2024, the largest industries in Cave Spring, VA were Health Care & Social Assistance (2,398 people), Educational Services (1,436 people), and Retail Trade (1,270 people), and the highest paying industries were Professional, Scientific, & Technical Services ($88,120), Utilities ($81,739), and Professional, Scientific, & Management, & Administrative & Waste Management Services ($81,667).

Employment

Occupations

13.8k

2024 Value

± 945

2.93%

1 Year growth

± 9.73%

From 2023 to 2024, employment in Cave Spring, VA grew at a rate of 2.93%, from 13.4k employees to 13.8k employees.

The most common job groups, by number of people living in Cave Spring, VA, are Management Occupations (1,583 people), Sales & Related Occupations (1,505 people), and Office & Administrative Support Occupations (1,405 people). This chart illustrates the share breakdown of the primary jobs held by residents of Cave Spring, VA.

Unemployment Insurance Claims

Data is only available at the state level. Showing data for Virginia.

This chart shows weekly unemployment insurance claims in Virginia (not-seasonally adjusted) compared with the four states with the most similar impact.

The most recent data point uses Advance State Claims data, which can be revised in subsequent weeks.

Industries

Employment by Industries

13.8k

2024 Value

± 945

2.93%

1 Year growth

± 9.73%

From 2023 to 2024, employment in Cave Spring, VA grew at a rate of 2.93%, from 13.4k employees to 13.8k employees.

The most common employment sectors for those who live in Cave Spring, VA, are Health Care & Social Assistance (2,398 people), Educational Services (1,436 people), and Retail Trade (1,270 people). This chart shows the share breakdown of the primary industries for residents of Cave Spring, VA, though some of these residents may live in Cave Spring, VA and work somewhere else. Census data is tagged to a residential address, not a work address.

Median Earnings by Industry

$62,303

Median earning men ± $5,305

$44,160

Median earning women ± $3,722

The industries with the best median earnings for men in 2024 are Professional, Scientific, & Management, & Administrative & Waste Management Services ($89,419), Public Administration ($77,550), and Educational Services, & Health Care & Social Assistance ($72,625).

The industries with the best median earnings for women in 2024 are Wholesale Trade ($184,500), Manufacturing ($90,208), and Transportation & Warehousing, & Utilities ($68,618).

Education

The student population of Cave Spring, VA in 2024 is skewed towards women, with 20 male students and 295 female students.

Most students graduating from Universities in Cave Spring, VA are White (1 and 50%) and Two or More Races (1 and 50%).

The largest universities in Cave Spring, VA by number of degrees awarded are Galen Health Institutes-Roanoke (2 and 100%).

The most popular majors in Cave Spring, VA are Registered Nursing (2 and 100%).

Admissions & Enrollments

Enrollments by Gender and Races

In 2024 there were 315 students enrolled in Cave Spring, VA, 6.35% men and 93.7% women.

By race, the largest number of students enrolled was concentrated in White with 155 records, of which 93.5% were women and 6.45% men.

Completions

Concentrations

Registered Nursing

Most Common

2 degrees awarded

In 2024, the most common concentation for Associates Degree recipients in Cave Spring, VA was Registered Nursing with 2 degrees awarded.

This visualization illustrates the percentage of students graduating with a Associates Degree from schools in Cave Spring, VA according to their major.

Universities

Gender

Race

Galen Health Institutes-Roanoke

Largest Universities by degrees awarded

2 degrees awarded

In 2024, the institution with the largest number of graduating students was Galen Health Institutes-Roanoke with 2 degrees awarded.

Student Diversity

In 2024, 0 men were awarded degrees from institutions in Cave Spring, VA, which is 0 times less than the 2 female students who received degrees in the same year.

In 2024, the most common race/ethnicity group awarded degrees at institutions was White students. These 1 degrees mean that there were 1 times more degrees awarded to White students then the next closest race/ethnicity group, Two or More Races, with 1 degrees awarded.

Awarded Degrees over Time

The graph shows the evolution of awarded degrees by degrees. Under the paragraphs, the average number of awarded degrees by university in each degree is shown.

Tuition

Average Net Price by Sector

Private for-profit, 2-year ($16,164) is the sector with the highest median state tuition in 2024.

Private for-profit, 2-year ($200) is the sector with the highest median state fee in 2024.

Private for-profit, 2-year ($1,350) is the sector with the highest average net price of books and supplies.

The graph shows the average net price by sector and year.

Housing & Living

The median property value in Cave Spring, VA was $325,800 in 2024, which is 0.979 times smaller than the national average of $332,700. Between 2023 and 2024 the median property value increased from $296,700 to $325,800, a 9.81% increase. The homeownership rate in Cave Spring, VA is 69.5%, which is higher than the national average of 65.2%.

People in Cave Spring, VA have an average commute time of 20 minutes, and they drove alone to work. Car ownership in Cave Spring, VA is approximately the same as the national average, with an average of 2 cars per household.

Housing

Property

$325,800

Median Property Value 2024

±$12,103

$7,674

Median Property Taxes

±$724

The following chart display owner-occupied housing units distributed between a series of property tax buckets compared to the national averages for each bucket. In Cave Spring, VA the largest share of households pay taxes in the $2k - $3k range.

The chart underneath the paragraph shows the property taxes in Cave Spring, VA compared to it's parent and neighbor geographies.

Rent vs Own

69.5%

Homeownership

2024

65.2%

Homeowners with Mortgage

2024

In 2024, 69.5% of the housing units in Cave Spring, VA were occupied by their owner. This percentage declined from the previous year's rate of 70%.

This chart shows the percentage of owner in Cave Spring, VA compared it's parent and neighboring geographies.

Equity

Household Income

Please note that the buckets used in this visualization were not evenly distributed by ACS when publishing the data.

$87,539

Median Household Income

± $6,404

11k

Number of Households

± 812

In 2024, the median household income of the 11k households in Cave Spring, VA grew to $87,539 from the previous year's value of $85,314.

The following chart displays the households in Cave Spring, VA distributed between a series of income buckets compared to the national averages for each bucket. The largest share of households have an income in the $75k - $100k range.

Wage Distribution

The closest comparable wage GINI for Cave Spring, VA is from Virginia.

0.47

2024 Wage GINI in Virginia

0.472

2023 Wage GINI in Virginia

In 2024, the income inequality in Virginia was 0.47 according to the GINI calculation of the wage distribution. Income inequality had a 0.376% decline from 2023 to 2024, which means that wage distribution grew somewhat more even. The GINI for Virginia was lower than than the national average of 0.474. In other words, wages are distributed more evenly in Virginia in comparison to the national average.

This chart shows the number of workers in Virginia across various wage buckets compared to the national average.

Transportation

Commuter Transportation

Most Common Commute in 2024

Drove Alone (73.1%)
Worked At Home (17.8%)
Carpooled (7.12%)

In 2024, 73.1% of workers in Cave Spring, VA drove alone to work, followed by those who worked at home (17.8%) and those who carpooled to work (7.12%).

The following chart shows the number of households using each mode of transportation over time, using a logarithmic scale on the y-axis to help better show variations in the smaller means of commuting.

Commute Time

20 minutes

Average Travel Time

Using averages, employees in Cave Spring, VA have a shorter commute time (20 minutes) than the normal US worker (26.4 minutes). Additionally, 1.5% of the workforce in Cave Spring, VA have "super commutes" in excess of 90 minutes.

The chart below shows how the median household income in Cave Spring, VA compares to that of it's neighboring and parent geographies.

Car Ownership

2 cars

Average Number

The following chart displays the households in Cave Spring, VA distributed between a series of car ownership buckets compared to the national averages for each bucket. The largest share of households in Cave Spring, VA have 2 cars.

Poverty

Poverty & Diversity

5.9% of the population for whom poverty status is determined in Cave Spring, VA (1.52k out of 25.7k people) live below the poverty line, a number that is lower than the national average of 12.5%. The largest demographic living in poverty are Males 18 - 24, followed by Females 55 - 64 and then Females 25 - 34.

The most common racial or ethnic group living below the poverty line in Cave Spring, VA is White, followed by Black and Two Or More.

The Census Bureau uses a set of money income thresholds that vary by family size and composition to determine who classifies as impoverished. If a family's total income is less than the family's threshold than that family and every individual in it is considered to be living in poverty.

Social Needs

Data only available at the state level.

Most prevalent states

California
35,798 individuals
New York
5,087 individuals

In 2017, California had the highest estimated number of chronically homeless individuals in the nation, at 35,798, followed by New York (5,087).

The following map shows the estimated number of chronically homeless individuals by state over multiple years.

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