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Page5of5Cave Spring, VA 24018 has a population of approximately 37,252 and experiences a population change rate of 29.00%. The population density is 820.8 / sq mi .
The median household income for Cave Spring, VA 24018 is $81,957, with 15,958 households and an average household size of 2.39.
The median value of a home in Cave Spring, VA 24018 is $323,100 with an appreciation rate of 17.10%. 65.53% of housing in the state is owned while 26.07% is rented.
The cost of living in Cave Spring, VA 24018 is 101.3 %.
The unemployment rate in Cave Spring, VA 24018 is 2.10%, and recent job growth is at 3.95%. Future job growth is projected at 45.55%.
The sales tax rate in Cave Spring, VA 24018 is 5.30%, while the income tax rate is 5.75% .
School expenditures in Cave Spring, VA 24018 are $13,241, and the school ratio is 13.6:1.
The average high temperature in July is 86.7 degrees, with an average low temperature in January of 25.8 degrees. The average rainfall is approximately 41.6 inches per year, with 15.4 inches of snow per year.
