Cave Springs

Population: 5,778
Median household income: $147,917
Median home value: $431,300

Located in Benton County, Arkansas, Cave Springs is a community with a population of 5,778. Its median household income of $147,917 runs above the Benton County figure of $89,879.

From 2019 to 2023, Cave Springs's population grew 32.6% from 4,359 to 5,778, while its median home value rose 39.3% from $309,600 to $431,300.

Households average 3.19 people. The median gross rent is $2,081.

Demographics

ACS 2019–2023

Population: 5,778
Median age: 34.4 yrs
Median household income: $147,917
Median home value: $431,300
Median gross rent: $2,081
Housing units: 1,925
Homeownership rate: 93.4%
Bachelor's degree or higher: 55.6%
Unemployment rate: 4.2%

Trends

ACS 5-year · 2019–2023

Population

4,3595,778

Median household income

$134,740$147,917

Median home value

$309,600$431,300

Median gross rent

$1,595$2,081

Year	Population	Median household income	Median home value	Median gross rent
2019	4,359	$134,740	$309,600	—
2020	4,859	$133,981	$305,300	$1,595
2021	5,224	$140,195	$302,200	$1,770
2022	5,521	$143,393	$368,100	$2,142
2023	5,778	$147,917	$431,300	$2,081

Each year is a US Census Bureau ACS 5-year estimate ending that year.

Age distribution

Under 510.5%

5 to 1724.3%

18 to 242.2%

25 to 3416.6%

35 to 4415.8%

45 to 5413.9%

55 to 648.3%

65 to 742.9%

75 and over5.6%

	Count	Share
Under 5	609	10.5%
5 to 17	1,403	24.3%
18 to 24	127	2.2%
25 to 34	958	16.6%
35 to 44	915	15.8%
45 to 54	801	13.9%
55 to 64	477	8.3%
65 to 74	166	2.9%
75 and over	322	5.6%

Race & ethnicity

	Count	Share
White (non-Hispanic)	3,981	68.9%
Black or African American	9	0.2%
American Indian & Alaska Native	0	0.0%
Asian	38	0.7%
Native Hawaiian & Pacific Islander	0	0.0%
Some other race	21	0.4%
Two or more races	1,292	22.4%
Hispanic or Latino (any race)	437	7.6%

Educational attainment (age 25+)

No high school diploma2.4%

High school graduate22.1%

Some college or associate's19.8%

Bachelor's degree32.1%

Graduate or professional degree23.6%

	Count	Share
No high school diploma	88	2.4%
High school graduate	804	22.1%
Some college or associate's	722	19.8%
Bachelor's degree	1,168	32.1%
Graduate or professional degree	857	23.6%

Commute to work

Mean travel time to work: 21 min

Drove alone77.3%

Carpooled2.3%

Public transit0.0%

Walked0.0%

Bicycle0.0%

Worked from home18.7%

Other means1.7%

How workers get to work

	Count	Share
Drove alone	2,012	77.3%
Carpooled	61	2.3%
Public transit	0	0.0%
Walked	0	0.0%
Bicycle	0	0.0%
Worked from home	487	18.7%
Other means	44	1.7%

Travel time

	Count	Share
Under 15 min	439	20.7%
15 to 29 min	1,254	59.2%
30 to 44 min	306	14.5%
45 to 59 min	77	3.6%
60+ min	41	1.9%

Households

Average household size: 3.19
Poverty rate: 1.4% (81 of 5,687)

	Count	Share
Family households	1,587	87.6%
Nonfamily households	224	12.4%

Housing

Median year structure built: 2013

Occupancy

	Count	Share
Occupied	1,811	94.1%
Vacant	114	5.9%

Tenure (of occupied units)

	Count	Share
Owner-occupied	1,692	93.4%
Renter-occupied	119	6.6%

1-unit, detached99.4%

1-unit, attached0.3%

2 to 4 units0.0%

5 to 19 units0.3%

20 or more units0.0%

Mobile home & other0.0%

Units in structure

	Count	Share
1-unit, detached	1,914	99.4%
1-unit, attached	6	0.3%
2 to 4 units	0	0.0%
5 to 19 units	5	0.3%
20 or more units	0	0.0%
Mobile home & other	0	0.0%

Geography

Place GEOID: 0512340
Type (LSAD): 25
Land area: 7.74 sq mi
Water area: 0.05 sq mi
Center point: 36.2684, -94.2195