Living in Cave City, Arkansas
Cost of living, income, home prices, rent and demographics of Cave City · Census data 2020–2024
Cave City has 2,090 residents with a median age of 37. The median household income is $49,800 (18% lower than the Arkansas median), the median home value is $120,700, the median rent is $716/month.
Cave City at a glance
- Population
- 2,090
- Median age
- 37State: 38.5
- Median household income
- $49,800State: $60,773
- Median home value
- $120,700State: $188,000
- Median rent
- $716/moState: $947
- Homeowners
- 56.1%
- Bachelor's degree or higher
- 10.7%
- Average commute
- 20 min
Is Cave City a good place to live?
Pros: Home values 36% lower than the state median; an average commute of 20 minutes; unemployment of 4.7%.
Cons: Median household income 18% lower than the Arkansas median; a poverty rate of 19.7%.
The weather is best in May–June and September–October.
Cost of living in Cave City
Housing is the biggest part of the cost of living. In Cave City the median home value is $120,700, 64% lower than the U.S. median. Renters pay a median of $716 per month, which is 30.2% of household income. Homeowners with a mortgage pay $1,136 a month in housing costs.
Cave City median household income
The median household income in Cave City is $49,800 and the income per person is $23,284. 19.7% of residents live below the poverty line (Arkansas: 16%).
Housing in Cave City: homes for sale and rent
- Housing units
- 984
- Owner-occupied
- 56.1%
- Renter-occupied
- 43.9%
- Vacant
- 21.5%Includes seasonal homes
- Median year built
- 1981
- Average household size
- 2.62
Cave City demographics
- Population
- 2,090
- Median age
- 37
- Under 18
- 29.3%
- 65 and older
- 19.7%
- Households
- 772
- Foreign-born
- 1.5%
- Veterans
- 8.4%Adults 18+
Hispanic or Latino can be of any race. Population history of Cave City ›
Education in Cave City
10.7% of adults 25 and older in Cave City have a bachelor's degree or higher (Arkansas: 25.7%), and 4.6% have a graduate or professional degree.
Jobs and commute in Cave City
- Unemployment rate
- 4.7%State: 4.9%
- Average commute
- 20 minState: 23 min
- Work from home
- 2%
- Drive alone
- 84.6%
- Public transit
- 0%
- Walk to work
- 0.9%
- Homes with broadband
- 69.9%
Cave City vs nearby towns
| Town | Population | Median income | Home value | Rent |
|---|---|---|---|---|
| Cave City | 2,090 | $49,800 | $120,700 | $716 |
| Sidney | 175 | $48,750 | $126,300 | $725 |
| Evening Shade | 534 | $33,281 | $129,300 | $625 |
| Moorefield | 120 | $68,750 | $250,000 | $1,109 |
| Strawberry | 285 | $43,189 | $150,000 | $775 |
| Batesville | 11,445 | $51,856 | $163,600 | $882 |
| Mount Pleasant | 345 | $42,031 | $117,800 | $494 |
| Sulphur Rock | 1,014 | $96,429 | — | $794 |
| Cushman | 488 | $43,500 | $115,100 | $463 |
More for people moving to Cave City
Cave City ZIP code ›Weather and climate ›Living in Cave City: FAQ
What is the median household income in Cave City, AR?
The median household income in Cave City is $49,800, 18% lower than the Arkansas median of $60,773 (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
What is the average home price in Cave City?
The median home value in Cave City is $120,700, compared with $188,000 in Arkansas.
How much is rent in Cave City?
The median gross rent in Cave City is $716 per month, about 30.2% of household income.
Is Cave City, AR a good place to live?
Pluses: home values 36% lower than the state median; an average commute of 20 minutes; unemployment of 4.7%. Minuses: median household income 18% lower than the Arkansas median; a poverty rate of 19.7%.
What is the median age in Cave City?
The median age in Cave City is 37 years (Arkansas: 38.5).
How long is the commute in Cave City?
The average commute to work in Cave City is 20 minutes; 2% of workers work from home.
What is the unemployment rate in Cave City?
The unemployment rate in Cave City is 4.7% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is Cave City?
10.7% of adults in Cave City have a bachelor's degree or higher.
Source: U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024 (margins of error apply, especially in small towns). Figures are in 2024 dollars.
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