Cave Spring CDP, Virginia Demographics & Population 2026

Population Overview

Cave Spring CDP is a mid-sized community located in Virginia. The total population is 26,014. It ranks as the 42nd most populous out of 681 cities and towns in Virginia.

Age Demographics

The median age in Cave Spring CDP is 42.3 years. This is 9% higher than the state median of 38.8 years.

Economy, Income & Housing

The median household income in Cave Spring CDP is $85,314. This is 6% lower than the state median of $90,974. Compared to the national median of $78,538, household income here is 9% higher. The poverty rate stands at 6.7%. This is 33% lower than the state poverty rate of 9.9%. The unemployment rate is 2.9%. This is 33% lower than the state rate of 4.3%. The median home value is $296,700. Housing costs are 18% lower than the state median of $360,700. The home-value-to-income ratio is 3.5x. 70.0% of occupied housing units are owner-occupied. This homeownership rate is 4% higher than the state average of 67.2%.

Race & Ethnicity

The largest racial or ethnic group in Cave Spring CDP is White (non-Hispanic), making up 81.6% of the population. Asian residents account for 7.0%. The Black or African American population (3.8%) is well below the state average of 18.4%. The Hispanic or Latino population (4.2%) is well below the state average of 10.7%.

Education

50.4% of residents aged 25 and older hold a bachelor's degree or higher. This is 21% higher than the state rate of 41.5%. Nationally, 35.0% of adults hold at least a bachelor's degree. The high school graduation rate (or equivalent) is 95.9%. Notably, 19.3% of adults hold a graduate or professional degree, indicating a highly educated workforce.

Data Sources & Methodology

All demographic data for Cave Spring CDP, Virginia is sourced from the U.S. Census Bureau's American Community Survey (ACS) 5-Year Estimates (2019-2023). The ACS collects data from approximately 3.5 million households annually, providing reliable estimates for communities of all sizes. Comparisons are made against Virginia state averages and national averages calculated from the same dataset. Rankings reflect the city's position among all 681 Census-designated places in Virginia. For official data, visit data.census.gov.