Living in Cavetown, Maryland
Cost of living, income, home prices, rent and demographics of Cavetown · Census data 2020–2024
Cavetown has 858 residents with a median age of 54.7. The median household income is $108,677 (5% higher than the Maryland median), the median home value is $325,400, the median rent is $1,058/month.
Cavetown is a small town, so Census survey estimates have wide margins of error. Treat percentages as approximate.
Cavetown at a glance
- Population
- 858
- Median age
- 54.7State: 39.4
- Median household income
- $108,677State: $103,678
- Median home value
- $325,400State: $419,900
- Median rent
- $1,058/moState: $1,705
- Homeowners
- 89.3%
- Bachelor's degree or higher
- 24.1%
- Average commute
- 24 min
Is Cavetown a good place to live?
Pros: Median household income 5% higher than the Maryland median; home values 23% lower than the state median; an average commute of 24 minutes; unemployment of 2.3%; a poverty rate of 3.4%.
The weather is best in May–June and August–September.
Cost of living in Cavetown
Housing is the biggest part of the cost of living. In Cavetown the median home value is $325,400, about the same as the U.S. median. Renters pay a median of $1,058 per month, which is 32.5% of household income. Homeowners with a mortgage pay $1,651 a month in housing costs.
Cavetown median household income
The median household income in Cavetown is $108,677 and the income per person is $49,099. 3.4% of residents live below the poverty line (Maryland: 9.4%).
Housing in Cavetown: homes for sale and rent
- Housing units
- 424
- Owner-occupied
- 89.3%
- Renter-occupied
- 10.7%
- Vacant
- 5.4%Includes seasonal homes
- Median year built
- 1962
- Average household size
- 2.14
Cavetown demographics
- Population
- 858
- Median age
- 54.7
- Under 18
- 13.3%
- 65 and older
- 34.8%
- Households
- 401
- Foreign-born
- 0%
- Veterans
- 10.1%Adults 18+
Hispanic or Latino can be of any race. Population history of Cavetown ›
Education in Cavetown
24.1% of adults 25 and older in Cavetown have a bachelor's degree or higher (Maryland: 43.4%), and 5.5% have a graduate or professional degree.
Jobs and commute in Cavetown
- Unemployment rate
- 2.3%State: 4.9%
- Average commute
- 24 minState: 31 min
- Work from home
- 12.1%
- Drive alone
- 87.9%
- Public transit
- 0%
- Walk to work
- 0%
- Homes with broadband
- 66.3%
Cavetown vs nearby towns
| Town | Population | Median income | Home value | Rent |
|---|---|---|---|---|
| Cavetown | 858 | $108,677 | $325,400 | $1,058 |
| Smithsburg | 3,115 | $100,673 | $337,500 | $931 |
| Chewsville | 314 | $87,115 | $238,100 | $1,194 |
| Greensburg | 314 | $120,250 | $232,100 | — |
| Mount Aetna | 637 | $145,662 | $462,000 | $1,153 |
| Edgemont | 107 | $62,462 | $287,100 | — |
| Robinwood | 8,042 | $90,840 | $341,300 | $1,419 |
| Bagtown | 310 | $158,500 | $332,400 | — |
| Ringgold | 153 | $85,909 | $262,500 | — |
More for people moving to Cavetown
Cavetown ZIP code ›Weather and climate ›Living in Cavetown: FAQ
What is the median household income in Cavetown, MD?
The median household income in Cavetown is $108,677, 5% higher than the Maryland median of $103,678 (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
What is the average home price in Cavetown?
The median home value in Cavetown is $325,400, compared with $419,900 in Maryland.
How much is rent in Cavetown?
The median gross rent in Cavetown is $1,058 per month, about 32.5% of household income.
Is Cavetown, MD a good place to live?
Pluses: median household income 5% higher than the Maryland median; home values 23% lower than the state median; an average commute of 24 minutes; unemployment of 2.3%; a poverty rate of 3.4%.
What is the median age in Cavetown?
The median age in Cavetown is 54.7 years (Maryland: 39.4).
How long is the commute in Cavetown?
The average commute to work in Cavetown is 24 minutes; 12.1% of workers work from home.
What is the unemployment rate in Cavetown?
The unemployment rate in Cavetown is 2.3% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is Cavetown?
24.1% of adults in Cavetown 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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