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Cave Spring, Virginia Mortgage and Housing Information

Population: 24,941
Data Source:US Census Bureau. All figures are from year 2000 unless otherwise noted.

Cost of Single-Family Houses

Median price asked
in year 2000
$104,600

Value of Houses and Condos

A comparison of the average prices of homes in Cave Spring, Virginia and the U.S.
U.S.VirginiaCave Spring
Median home value
in year 2000
$111,800$118,800$131,000

Monthly Owner Costs

Median owner costs for owner-occupied houses and condos in year 2000
U.S.VirginiaCave Spring
With a mortgage$1,088$1,144$1,090
Without a mortgage$295$263$291

Ownership of Single-family Houses

Types of mortgages for owner-occupied Single-family Houses in Cave Spring (2000)
Mortgage TypeNumber of Single-family HousesPercent of total
Without a mortgage2,14330.7%
First Mortgage Only3,27946.9%
Second Mortgage and/or Home Equity Loan1,56322.4%
Total6,985100%

Tenancy in Cave Spring

How many people in Cave Spring live in their own home? How many rent their home? Data for houses and condos, from 2000.
Owner-occupied homes7,656
Renter-occupied homes3,341
Homes for sale121
Homes for rent244
Total11,556

Age of Cave Spring Residents

Median age for males and females (2000).
Males 39
Females 42

Income

Median earnings for the 12 months preceding 2000, residents over 16 years with earnings
U.S.VirginiaCave Spring
Median Earnings$23,755$25,357$28,861
Median Earnings, Males$29,458$30,685$37,404
Median Earnings, Females$18,957$20,217$22,284

Males earn $15,120 (67.9%) more than Females in Cave Spring.

Commuting in Cave Spring

Means of transportation to work, workers over 16 years old.
Means of TransportNumber of People
Car, solo11,825
Carpooled779
Public Transit34
Bicycle15
Walking92
Other Means41
Total, Commuted12,786
Worked from home512
Total13,298

Time Spent Commuting in Cave Spring

Time spent commuting in Cave Spring
Time spent in minutesNumber of People
Less than 5342
5-91,520
10-142,610
15-193,132
20-242,632
25-29936
30-34658
35-39137
40-44123
45-59240
60-89230
Over 90226

Education

Level of higher education for people over 25 years in Cave Spring (2000).
LevelNumber of MalesPercent of MalesNumber of FemalesPercent of Females
Some College1,82322.3%2,33628.5%
Associate Degree6267.6%1,04012.7%
Bachelor's Degree2,44429.9%2,29428.0%
Master's Degree7599.3%7559.2%
Professional Degree6067.4%2843.5%
Doctorate Degree871.1%700.9%
Total (at least some college)6,34577.5%6,77970.7%
Total over 258,185100%9,591100%

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