Everything You Should Know Before Moving to Cave Spring, VA
Considering a move to Cave Spring, VA? With a population of 26,350, this close-knit suburb offers affordable living—median home prices are around $282,000 and average rents are $1,200. Residents enjoy short commute times (about 18.5 minutes), very low violent crime rates, and above-average educational attainment. Quality local schools, a mild four-season climate, and proximity to Roanoke’s healthcare make Cave Spring a standout choice for families and professionals alike.
Demographics - Cave Spring, VA
Demographics - Cave Spring, VA
Cave Spring is home to about 26,350 residents, with a median age of 47, reflecting a mature and established community. The population is predominantly White (85%), with smaller Black and Asian communities, and about 7.5% speak a language other than English at home. The area’s moderate density and balanced gender ratio contribute to its suburban appeal.
Population:
26,350
Density:
2,100 per sq mi
Median Age:
47.1
Gender Ratio:
92 males per 100 females
Non-English Speakers Percentage:
7.5%
Ethnic Composition
White:
85.2%
Black:
5.8%
Asian:
5.4%
Others:
3.6%
Cost Of Living
What is the average cost of living in Cave Spring, VA?
Living in Cave Spring is relatively affordable, with a cost of living index below the national average and median home values around $282,000. Typical rents for a two-bedroom apartment are about $1,200, and utility costs remain manageable. State taxes are moderate, making this suburb an attractive option for those seeking value without sacrificing amenities.
Median House Value:
$282,000
Gross Rent:
$1,200
Monthly Electricity Charges:
$110
Auto Insurance:
$1,120
House Owner Cost With Mortgage:
$1,680
House Owner Cost Without Mortgage:
$480
State Taxes:
Low:
2.0%
|
High:
5.75%
Cost Of Living Index:
89.5
Grocery:
94.0
Housing:
82.5
Utilities:
97.0
Transportation:
89.5
Health Care:
94.8
Miscellaneous:
93.0
Crime
Is Cave Spring, VA a safe place to live?
Cave Spring boasts a low crime rate, with only 61 violent crimes per 100,000 residents and a property crime risk well below national averages. The chance of experiencing violent crime is about 1 in 1,640, making it a safe choice for families and individuals. Residents enjoy peace of mind thanks to the area’s strong community safety profile.
Violent Crimes Per 100k:
61
Property Crimes Per 100k:
1,023
Crime Index:
1,084
Chance Of Violent Crime:
1 in 1,640
Chance Of Property Crime:
1 in 98
Weather
What is the weather like in Cave Spring, VA year-round?
Residents experience all four seasons in Cave Spring, with mild winters averaging highs of 45°F and warm summers reaching up to 86°F. The area receives about 41 inches of rainfall annually and enjoys sunshine nearly 60% of the year, offering a pleasant climate for outdoor activities. Spring and fall bring comfortable temperatures, making it easy to enjoy the region year-round.
Winter
Min:
28°F
Max:
45°F
Spring
Min:
44°F
Max:
69°F
Summer
Min:
65°F
Max:
86°F
Fall
Min:
46°F
Max:
70°F
Average Rainfall Inches:
41 inches
Sunny Days Percentage:
59%
Neighbors
Cave Spring neighborhoods offer a strong sense of community, with median household incomes around $76,200 and a low poverty rate of 5.9%. Educational attainment is high, with over 97% of adults holding at least a high school diploma and nearly half having a bachelor’s degree or higher. Commute times are short, and unemployment remains low, contributing to a stable local economy.
Median Income:
$46,400
Household Income:
$76,200
Family Income:
$92,200
Per Capita Income:
$42,700
Income Male:
$54,900
Income Female:
$40,800
Poverty Rate:
5.9%
Non English Speakers:
7.5%
Rent:
$1,200
Unemployment Rate:
2.9%
Public Transport Usage:
0.6%
Commute Time:
18.5 minutes
Education
High School or Higher:
97.2%
Bachelors or More:
46.1%
Education
How are the schools in Cave Spring, VA?
Cave Spring offers strong educational opportunities through its public and private schools, such as Cave Spring High School and North Cross School, both known for favorable student-teacher ratios. The area is also close to respected colleges, including Roanoke College and Virginia Western Community College, supporting lifelong learning. High educational attainment in the community reflects the quality and accessibility of local education.
Public Schools
Name:
Cave Spring High School
Street:
3712 Chaparral Dr
Phone:
540-772-7550
Students:
1,200
Student Teacher Ratio:
14.5
Name:
Hidden Valley Middle School
Street:
4902 Hidden Valley School Rd
Phone:
540-772-7560
Students:
900
Student Teacher Ratio:
13.6
Private Schools
Name:
North Cross School
Street:
4254 Colonial Ave
Phone:
540-989-6641
Students:
500
Colleges
Name:
Roanoke College
City:
Salem
State:
VA
Distance:
7 miles
Students:
1,900
Name:
Virginia Western Community College
City:
Roanoke
State:
VA
Distance:
3 miles
Students:
8,000
Healthcare
Access to quality healthcare is a highlight in Cave Spring, with major hospitals like Carilion Roanoke Memorial and LewisGale Medical Center nearby. The area has a high health insurance coverage rate (nearly 93%) and about 2.3 physicians per 1,000 residents, ensuring timely medical care. Healthcare services are comprehensive, supporting both routine and emergency needs.
Major Hospitals
Name:
Carilion Roanoke Memorial Hospital
Address:
1906 Belleview Ave SE, Roanoke, VA 24014
Phone:
(540) 981-7000
Type:
General & Surgical
Emergency Services:
Yes
Name:
LewisGale Medical Center
Address:
1900 Electric Rd, Salem, VA 24153
Phone:
(540) 776-4000
Type:
General & Surgical
Emergency Services:
Yes
Physicians Per 1000:
2.3
Health Insurance Coverage:
92.8%
Health Care Index:
79.2
Housing Market
What is the housing market like in Cave Spring, VA?
The housing market in Cave Spring is robust, featuring a median home price of $282,000 and an owner-occupied rate of nearly 75%. Home values have appreciated by over 7% in the past year, reflecting steady demand, while the rental vacancy rate remains moderate. The area offers a mix of ownership and rental options suitable for families and professionals alike.
Median Home Price:
$282,000
Average Rent For 2 Bedroom:
$1,200
Owner Occupied Rate:
74.8%
Rental Vacancy Rate:
6.7%
Home Appreciation Rate (1yr):
7.1%
New Construction Rate:
1.3%
Foreclosure Rate:
0.4%
DMV Information
Vehicle services in Cave Spring are handled by the Virginia Department of Motor Vehicles, conveniently located in nearby Roanoke. Residents can access registration, licensing, and other DMV services both in-person and online. The DMV’s location and resources make managing transportation needs straightforward for local drivers.
State:
Virginia
Department:
Virginia Department of Motor Vehicles
Address:
5220 Valleypark Dr, Roanoke, VA 24019
Phone:
1-804-497-7100
Website:
Disclaimer: The information provided on this page is based on publicly available sources including AccuWeather, U.S. Census Bureau, local government data, and third-party partners such as Neustar. While we strive to ensure accuracy, all data is provided “as is” and should be independently verified before making any decisions. Movers.com makes no guarantees regarding the completeness or reliability of the information.