Cave Spring, Virginia Demographics & Population 2026
During the 2020–2024 ACS period, Cave Spring, Virginia had a total population of 25,742, the 44th largest community in Virginia, with a median household income of $87,539, which is 6% lower than the state average. The poverty rate is 5.9%.
Data vintage: U.S. Census Bureau ACS 2020–2024 5-Year Estimates · refreshed July 2026 · Methodology & source notes
Cave Spring Quick Facts
How Cave Spring Changed
Change from the 2019–2023 ACS period to 2020–2024. These are rolling five-year estimates, not year-over-year measurements.
| Metric | 2019–2023 | 2020–2024 | Change |
|---|---|---|---|
| Population | 26,014 | 25,742 | -1.0% |
| Median household income | $85,314 | $87,539 | +2.6% |
| Median home value | $296,700 | $325,800 | +9.8% |
How Cave Spring Compares
Median Household Income
Median Home Value
Economy & Housing
Household Income Distribution
Detailed income brackets
Employment
Housing Overview
People & Demographics
Age Distribution
Race & Ethnicity
Diversity Index
A less diverse community where one racial or ethnic group represents a large majority.
State average: 61 | National average: 61
Education
Educational Attainment (Adults 25+)
Cave Spring Rankings in Virginia
Explore Virginia Rankings
Other Cities in Roanoke County
Cities Similar to Cave Spring
These cities in the same state have comparable population and economic profiles.
| City | Population | Median Income | Home Value | Bachelor's+ | Poverty |
|---|---|---|---|---|---|
| Bailey's Crossroads | 24,271 | $88,483 | $416,600 | 45.3% | 22.5% |
| Chester | 24,474 | $95,104 | $327,200 | 33.8% | 8.1% |
| Fredericksburg | 28,873 | $86,071 | $483,700 | 46.1% | 13.2% |
| Salem | 25,618 | $66,725 | $258,600 | 33.1% | 10.3% |
| Staunton | 25,948 | $65,581 | $259,200 | 37.7% | 12.4% |
Population Overview
Cave Spring is a mid-sized community located in Virginia, within Roanoke County. The total population is 25,742. It ranks as the 44th most populous out of 681 Census-designated places in Virginia.
Age Demographics
The median age in Cave Spring is 42.4 years. This is 9% higher than the state median of 39.0 years.
Economy, Income & Housing
The median household income in Cave Spring is $87,539. This is 6% lower than the state median of $93,170. It is also 8% higher than the national median of $80,734. The poverty rate stands at 5.9%. This is 40% lower than the state poverty rate of 9.9%. The unemployment rate is 2.9%. This is 31% lower than the state rate of 4.3%. The median home value is $325,800. Housing costs are 15% lower than the state median of $383,700. The home-value-to-income ratio is 3.7x. 69.5% of occupied housing units are owner-occupied. This homeownership rate is 3% higher than the state average of 67.3%.
Race & Ethnicity
The largest racial or ethnic group in Cave Spring is White (non-Hispanic), making up 79.1% of the population. Asian residents account for 6.9%. The Black or African American population (3.8%) is well below the state average of 18.3%.
Education
48.8% of residents aged 25 and older hold a bachelor's degree or higher. This is 16% higher than the state rate of 42.2%. Nationally, 35.7% of adults hold at least a bachelor's degree. The high school graduation rate (or equivalent) is 96.0%. Notably, 18.4% of adults hold a graduate or professional degree, indicating a highly educated workforce.
Data Sources & Methodology
All demographic data for Cave Spring, Virginia is sourced from the U.S. Census Bureau's American Community Survey (ACS) 2020–2024 5-Year Estimates. The ACS collects data from approximately 3.5 million households annually and pools five years of responses so that even small communities can be measured, though the margin of error widens as the population falls. 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. Read more about how these figures are produced on our methodology page, or visit data.census.gov for official data.
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Frequently Asked Questions
What is the population of Cave Spring, Virginia?
Cave Spring, Virginia has a population of 25,742 according to the most recent U.S. Census ACS 5-Year Estimates.
What is the median household income in Cave Spring, VA?
The median household income in Cave Spring is $87,539, which is 8% higher than the national median of $80,734.
What is the poverty rate in Cave Spring, VA?
The poverty rate in Cave Spring is 5.9%. This means approximately 1,517 residents live below the federal poverty line.
What is the racial makeup of Cave Spring, Virginia?
Cave Spring's population is 79.1% White, 3.8% Black, 5.6% Hispanic/Latino, and 6.9% Asian.
What is the median home value in Cave Spring, VA?
The median home value in Cave Spring is $325,800. The home-value-to-income ratio is 3.7x.
How educated is Cave Spring, Virginia?
48.8% of adults (25+) in Cave Spring hold a bachelor's degree or higher, and 18.4% hold a graduate or professional degree.