Is Cave Spring, Virginia a Good Place To Live? - Living In Cave Spring, VA

Is Cave Spring, Virginia a good place to live?
Cave Spring is a city in Virginia state in USA with a population of 25193 residents.. The poverty rate of Cave Spring is 5.5%, which is 61% lower than national average. The typical household in Cave Spring earns $68225 a year, compared to the national median of $67,500. Nearly 33% of households earn less than $50,000 a year compared to 39% national rate.

A high school education is a basic prerequisite for most jobs, and in Cave Spring, only 96% of adults have a high school diploma, compared to the 87.7% of adults nationwide. The unemployment rate of Cave Spring remained 2.9%, which is 38% lower than national rate. Higher educational attainment can lead to improved job security and reduce the likelihood of financial insecurity. In Cave Spring, only 48% of adults have a bachelor's degree and 28% have some college but no degree.

Cost of living in Cave Spring is 98, which is 2% lower than national average. Median home value in Cave Spring is $224700 , which is 2% lower than national average. While median income in Cave Spring remained $68225, which is 1% higher than national average.
Population
25193
Unemployment
2.9%
38% NAT AVG.
Poverty
5.5%
61% NAT AVG.
Overall Score
7.5
Median Home Cost
$224700
2% NAT AVG.
Median Income
$68225
1% NAT AVG.
Median Rent
$977
16% NAT AVG.
Cost Of Living
98
2% NAT AVG.
People Living BPL
1 in 18
Unemployed People
1 in 34
People Earning < $10,000
1 in 56
People Earning < $50,000
33%
People with <= High School
1 in 4.2
People With Any Degree
1 in 1.8
Pros & Cons Overview

Jobs85%

Housing80%

Affordability80%

Safety90%

Amenities90%

Diversity80%

Education90%

Commute80%