Cave Spring employment information

IndexCave SpringVirginiaNational
Income per capita$36,983$34,967$29,829
Median household income$59,896$66,149$55,322
Median income owner occupied$75,766$82,180$70,586
Median income renter occupied$42,149$42,481$35,192
Median earnings male$43,916$41,712$36,919
Median earnings female$29,749$29,664$26,250
Unemployment rate3.0%3.8%4.7%
Poverty level7.0%11.4%15.1%
The Cave Spring, VA employment information can be a key indicator when searching for a new job. A good indicator of the strength of the job market is the income per capita and the median household income. The income per capita in Cave Spring is $36,983, which is 6% higher than than the Virginia average and 24% higher than than the national average. The median household income is $59,896, which is 9% lower than than the Virginia average and 8% higher than than the national average. The unemployment rate in Cave Spring is 3%, which is 36% lower than than the national average. The poverty rate in Cave Spring is 7% which is 53% lower than than the national average.
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am i middle class

$Input your household income
$39,926$59,896$119,792
City
$44,094$66,149$132,298
State
$36,877$55,322$110,644
Nation
According to the PEW research center, the middle class is defined as a range from two thirds (2/3) of the median household income to a multiple of two (2) times the median household income. Displayed above are the city, state and national median household income averages. Simply enter your median household income to determine if your income falls into the middle class or if your household income is considered upper or lower class.

Did you know?

  • The income per capita in Cave Spring is 24% higher than the national average.
  • The median household income in Cave Spring is 8% higher than the national average.
  • Male median earnings are 41% higher than female median earnings.
  • The unemployment rate in Cave Spring is 36% lower than the national average.
  • The poverty level in Cave Spring is 53% lower than the national average.

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Compare Cave Spring, VA Employment To Other Cities

Employment status

Hours worked per week

Cave Spring median earnings by income bracket

Cave Spring employment by industry

Labour TypeMaleFemale
Construction industry6.1%1.2%
Manufacturing sector10.1%0.0%
Financial & insurance services3.4%10.6%
Wholesale & retail services21.9%9.7%
Public administration6.8%4.0%
Transportation, warehousing & utilities7.9%1.1%
Education, health & social services18.1%39.5%
Other24.6%30.1%

Nearby cities with high median household income

City, StatePopulationHousehold IncomeNational Avg.
Daleville, VA3,180$87,08357%
Laymantown, VA2,203$71,96030%
Blue Ridge, VA2,979$62,07012%
Hollins, VA14,488$59,6288%
Cloverdale, VA3,371$59,5318%
Cave Spring, VA25,719$59,8968%

Cities with similar population

City, StatePopulationHousehold IncomeNational Avg.
Summerlin South, NV25,717$85,12654%
Green, OH25,713$66,65620%
Zionsville, IN25,709$118,190114%
Statesville, NC25,731$34,45938%
Laurel, MD25,703$68,30423%
Cave Spring, VA25,719$59,8968%
Source: The Cave Spring, VA employment data displayed above is derived from the 2016 United States Census Bureau American Community Survey (ACS).