Cost Of Living
The overall cost of living in this area is much lower than average. This includes everyday goods and services, as well as housing, utilities and health care.
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.
Health & Safety
A high score in the health and safety category is a result of good air quality and the accessibility to health facilities such as hospitals, clinics, doctors, pharmacies and fire stations.
Schools
High test scores, elevated graduation rates as well as the conveniently located elementary and high schools in this area have all contributed to the high score in the schools category.
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.
Cave Spring, Virginia is a moderately-sized city with a population of 25,814 residents. At 84%, the majority of the Cave Spring population is White; this is followed by 7% Asian and 6% Black.
If you’re considering moving to any new city, it could be a very daunting task. However, it could also be a great experience if you are willing to get to know the area before actually living in Cave Spring, Virginia. When searching for a new neighborhood, several key items should be considered. Safety is of utmost importance, ensuring a secure environment with low crime. Proximity to your workplace or school helps reduce commuting time and offers convenience. Access to amenities such as parks, grocery stores, and healthcare facilities enhances your daily life. Public transportation options contribute to easy mobility. A sense of community fosters a supportive and engaging environment. Lastly, the overall atmosphere should align with your desired lifestyle, ensuring a fulfilling living experience. Considering these items will guide you towards finding the perfect neighborhood that fits all your needs. With useful information like amenities, commute, education, employment and other key data points, finding the best places to live in Cave Spring and in the areas around Cave Spring is a much easier task.
With a livability score of 76 out of 100, Cave Spring is ranked #3,221 in the United States and #105 in Virginia. Based on this score, Cave Spring would be considered a very livable city! If we dig down a little deeper into each category within the livability score, we see that Cave Spring has higher than average grades for the following: cost of living (A-), education (A-), employment (A-) and housing (A+). There is at least one category that you should be aware of in Cave Spring. The following was graded with a discouraging score: amenities (F).
Unemployment rates can range pretty dramatically from one city to another. Knowing that Cave Spring has an unemployment rate of 1.9% could mean increased job opportunities with a higher demand for workers. It could also lead to higher wages, as the demand for workers exceeds the availability of jobs. Most importantly, it could be a sign of a healthy and thriving local economy.
A healthy real estate market serves as a key economic indicator. It could signify overall local economic strength, stability and reflects consumer confidence in the area. Based on multiple factors including: median home and rental prices, appreciation rates and home affordability, Cave Spring has received high marks in the housing category. Based on these calculations, the apartment rental and real estate market appears to be very healthy.
Being close to public transit, grocery stores, parks and other conveniences are all important when weighing your options for a new home in Cave Spring. Before you determine if any of these amenities are available in the area, you will also want to know if the real estate prices in Cave Spring are affordable. Median real estate prices in Cave Spring come in at $395,622, which is 9% lower than the Virginia average. The home price to income ratio compares the median home prices to the median household income. In Cave Spring, the home price to income ratio is 4, which is 11.1% lower than the Virginia average.
Why stop at city-to-city? With Local Insights, you can compare neighborhoods, zip codes, or even exact addresses. Access 300+ hyperlocal data points—from schools and crime to housing and amenities—to see which area is the better fit.
| Statistic | Cave Spring | Virginia | National |
| Average one way commute | 22min | 28min | 26min |
| Workers who drive to work | 82.7% | 77.4% | 76.4% |
| Workers who carpool | 6.3% | 9.5% | 9.3% |
| Workers who take public transit | 0.0% | 4.5% | 5.1% |
| Workers who bicycle | 0.1% | 0.4% | 0.6% |
| Workers who walk | 1.1% | 2.4% | 2.8% |
| Working from home | 9.8% | 4.7% | 4.6% |
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