Cave Springs 71 Excellent
Cave Springs Livability #30 ranked city in Arkansas#6,036 ranked city in the USARanks better than 79% of areas

Pros and Cons of Living in Cave Springs

PROS
  • Crime

    With a lower than average crime rate per 100,000 people, this area could be considered a very safe place to live. Crime rates are based on both violent and property crimes.

  • Employment

    The combination of higher than average median home income, income per capita and low unemployment rates results in a score that is well above average in the employment category.

  • Housing

    This area has received high scores in the housing category. This could be due to a positive home affordability ratio, high appreciation rates or elevated home values.

  • Ratings

    Local residents have positive things to say about the proximity of restaurants, grocery stores, parks, public transit, friendliness of neighbors, sense of community and overall safety of the area.

CONS
  • Amenities

    A majority of amenities are not ideally situated within a reasonable walking distance, which may lead residents to rely on a vehicle or public transportation.

  • Commute

    Public transportation is not readily available in this area and the average commute time to work could also be longer than the national average.

  • Health & Safety

    Poor air quality and the inaccessibility of certain health related facilities like hospitals, clinics, doctors and pharmacies could have all contributed to the low score in this category.

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What's it like Living in Cave Springs?

Cave Springs is a smaller city located in the state of Arkansas. The city has a population of 4,859 residents. If we take a look at the last Census, the vast majority of the population falls within one racial group (93% White). Given that fact, Cave Springs could be considered less diverse than other cities. 83% of the people in Cave Springs (over the age of 15) are married and 56% have kids under the age of eighteen. Knowing that, it’s safe to say that this area could be a great place for other families to lay down roots. Not a fan of sitting in traffic during your commute to work? Cave Springs offers shorter work commutes, with an average one-way commute time taking only 19 minutes, far lower than the national average of 26 minutes.

Whether you’re moving to a new area to be closer to family, friends or for a new job, living in Cave Springs could be a positive experience compared to other cities in Arkansas if you know where to look. Don't forget to determine what matters most to you in a neighborhood. Consider factors such as safety, proximity to work or school, access to amenities (like parks, fitness facilities, grocery stores, restaurants), public transportation options, community atmosphere and the overall vibe you're looking for. To help you find the best places to live in and around Cave Springs, AreaVibes has created a livability score using key metrics like education, employment, housing and more.

Cave Springs, AR receives 73/100 for its livability score; this results in a ranking of #12 in Arkansas and #4,290 in the USA. For each of the livability categories, we can establish that Cave Springs ranks very well for crime (A+). The bad news for Cave Springs, there are some categories for which it does not rank well, this includes: amenities (F).

Crime rates can be the deciding factor for anyone looking to relocate to a new area, as the result is often a greater level of safety and security as well as an improved quality of life. Cave Springs gets top scores for their low violent crime rates of 113 crimes per 100,000 residents, which are significantly lower than the national average.

The unemployment rate in Cave Springs has consistently declined over the years and currently stands well below the national average at 0.69%. This downward trend holds the potential to reduce poverty and inequality within the region, promote higher wage levels and stimulate greater economic growth. Such positive indicators signal the overall robust health of the local economy, offering a promising outlook for its residents and fostering an environment of financial well-being and prosperity.

Finding affordable real estate and housing in Cave Springs can be tricky. Having said that, this area might be the place to get the best of both worlds. Based on factors like home/rental affordability and appreciation rates, this area has received an above average score in the housing category. A healthy real estate market can lead to wealth appreciation for property owners, as rising property values can contribute to homeowners' equity, financial stability and the ability to build long-term wealth.

Cave Springs real estate prices and overall affordability will play a huge role in determining if the area is the right fit for you. Of course there are probably some other items on your “wish list”, but even before they are considered, let’s take a look at the home prices and affordability in Cave Springs. Median real estate prices in Cave Springs come in at $305,300, which is 166.2% higher than the Arkansas average. The home price to income ratio compares the median home prices to the median household income. In Cave Springs, the home price to income ratio is 2.3, which is 14.8% lower than the Arkansas average.

Best Places to Live in and Around Cave Springs

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Compare Cave Springs, AR Livability

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      Cave Springs transportation information

      Statistic Cave Springs Arkansas National
      Average one way commute19min22min26min
      Workers who drive to work84.6%82.7%76.4%
      Workers who carpool3.5%10.8%9.3%
      Workers who take public transit0.0%0.4%5.1%
      Workers who bicycle0.2%0.2%0.6%
      Workers who walk0.8%1.7%2.8%
      Working from home10.7%3.2%4.6%
      Source: The Cave Springs, AR data and statistics displayed above are derived from the United States Census Bureau American Community Survey (ACS).