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Cave Spring, VA

Complete financial data dashboard — cost of living, mortgage calculator, salary comparisons, and tax details.Source: U.S. Census Bureau ACS 2023 · FRED

Cost Index
74
Very Affordable
Median Home Value
$296,700
National: $426,735
Median Rent
$1,224/mo
National: $1,527/mo
Household Income
$85,314
National: $84,532
Population
26,014
Purchasing Power
136
100 = national baseline

Cost of Living Breakdown

Housing Cost Index
70 / 100
100 = national average
Rent Index
80 / 100
Overall Index
74
Very Affordable

Cave Spring Mortgage Calculator

Pre-filled with the local median home value of $296,700 and Virginia's property tax rate of 0.82%.

Salary & Purchasing Power

Median household income is $85,314 1% above the national average.

What $85,314 in Cave Spring Gets You Elsewhere

CityEquivalent SalaryDifference
New York, NY$174,087+104%
Los Angeles, CA$195,992+130%
Houston, TX$81,855-4%
Philadelphia, PA$78,397-8%

Property Tax in Cave Spring, VA

Est. Annual Property Tax
$2,433
Monthly Impact
$203
Added to your mortgage
Effective Rate
0.82%
National avg: ~1.00%

Virginia Tax Overview

Tax TypeVirginiaNational Avg
Property Tax Rate0.82%1.00%
Top Income Tax Rate5.75%~5.0%
State Sales Tax5.75%~5.0%

Compare Cave Spring to Another City

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Cost of Living Comparison

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Cave Spring, VA
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Cost Index Comparison (100 = National Avg)

Housing CostsNational Avg: 100
Cave Spring, VA: 70
Rent Prices
80
LC
Reviewed by LivabilityCalc Research Team
Financial Data Analysts · Census & Economic Data Specialists
📊 Data Sources & Methodology
  • Housing & Demographics: U.S. Census Bureau, American Community Survey (ACS) 2023 1-Year Estimates
  • Mortgage Rates: Freddie Mac Primary Mortgage Market Survey via Federal Reserve Economic Data (FRED)
  • Tax Rates: Tax Foundation State & Local Tax Data, 2024
  • Cost of Living Index: Calculated using Census housing + rental data vs. national median (see methodology)
Last data update: March 2026 · Mortgage rates updated weekly · Page auto-refreshes every 24 hours via ISR