Cave Spring Average Income, Population and Demographics

Are you tired of spending 10+ hours searching for demographic and population data for Cave Spring, Georgia? We have all of the data you need by state, county, city, and zip code that will save you many hours of research!

In this article, we'll explore most of the 190+ data points we have for Cave Spring, covering popular demographics statistics like household income, race, age and gender, educational attainment, poverty, housing, and transportation.

The data on this page is from the 2022 American Community Survey (ACS) 5-Year survey from the US Census Bureau.

Median Household Income

According to the latest ACS 5-year survey in 2022, the median household income in Cave Spring is $40,250.00.

The chart below shows the average household income by age in Cave Spring.

  • Under 25
    $0.00
  • 25 to 44
    $0.00
  • 45 to 64
    $51,964.00
  • 65 and over
    $28,491.00

Average Household Income

A very commonly asked question is "what is the average household income in Cave Spring, Georgia?". The official term for the average household income is the mean household income. The mean household income is the total income of all households divided by the number of households.

The average (or mean) household income in Cave Spring is $56,050.00.

1.63% of households in Cave Spring, Georgia are classed as high income households (making $200,000+ per year).

The difference between a median and an average income

The difference between a median and mean household income is that the median income is the middle point of the set of numbers whereas the mean income is an average of all numbers.

Both metrics are important when looking at the income statistics for Cave Spring but because the median value doesn't depend on other numbers in the dataset, it doesn't change as much when some of the values are extremely low or extremely high.

Household Income Tiers for Cave Spring

We can also look at the household income tiers. This lets you see how many households fall into each of the earnings brackets and what percentage that bracket is of the total number of households.

The chart below shows the household income brackets to see which age groups have the highest median income. The actual data is more granular than these brackets, but we've simplified them into bigger categories to make reviewing the data for Cave Spring, Georgia easier to view.

You can purchase the raw data above, which will have the full income tiers with smaller jumps in household income.

  • Less than $24,999
    33.06%
  • $25,000 to $49,999
    21.14%
  • $50,000 to $74,999
    19.24%
  • $75,000 to $99,999
    11.38%
  • $100,000 to $149,999
    10.57%
  • $150,000 to $199,999
    2.98%
  • $200,000 or more
    1.63%

Per Capita Income

The per capita income is the average income of all people in Cave Spring, Georgia. This is calculated by dividing the total income of all people in Cave Spring by the total number of people in Cave Spring.

It differs from the average or mean household income because it includes all people in Cave Spring and not just the people who earn an income (i.e. children, retirees, unemployed, etc.).

The per capita income in Cave Spring, Georgia is $22,613.00.

Population in Cave Spring by Race and Ethnicity

The total population in Cave Spring is currently 982 people.

The race and ethnicity of the population in Cave Spring can be very important for social research, economics, and marketing to a multi-culturial society.

Whether you want to target products or services to a particular race or ethnicity, or provide housing and new businesses to improve areas with a larger ethnic minority population, this data is very valuable for discovering suitable areas.

The chart below breaks down the population and percentage for each race and ethnicity in Cave Spring, Georgia.

  • 0.00% White
    0
  • 100.00% Black/African American
    982
  • 83.10% Native
    816
  • 0.00% Hispanic
    0
  • 12.80% Asian
    126
  • 0.30% Hawaiian/Pacific Islander
    3
  • 0.00% Two or more races
    0
  • 0.00% Other
    0

Population of Cave Spring by Age and Gender

Another very important demographics statistic for Cave Spring, Georgia is the age and gender of the population. The age and gender of the population can be used to track trends in population growth or decline, and for businesses, the data can be used to identify people important to you and your business need.

In the table below, we show age groups at a 10 year granularity for ease of use. The raw data, which can be purchased above, includes age and gender at a 5 year granularity.

Age Group Male Female
0 to 9 Years 54 29
10 to 19 Years 79 50
20 to 29 Years 50 64
30 to 39 Years 13 41
40 to 49 Years 66 59
50 to 59 Years 87 109
60 to 69 Years 54 57
70 Years and over 75 95

Education Levels

Educational attainment is a very useful statistic that can give insights into other data such as the average household income, unemployment levels, and literacy.

What this means is that it is likely for areas that have higher levels of education to have higher average household incomes, lower unemployment rates, and higher literacy rates.

The chart below shows the educational attainment of the population in Cave Spring, Georgia.

  • Master's degree or higher
    9.22%
  • Bachelor's degree
    24.21%
  • Some college or associate's degree
    9.22%
  • High school diploma or equivalent
    56.20%
  • Less than high school diploma
    1.15%

Unemployment Rates

The unemployment rate is the percentage of the population that is actively looking for work but is unable to find a job. The unemployment rate is a very important statistic for Cave Spring because it can show how many people are actively looking for work and how many people are unable to find a job.

Lower levels of unemployment is generally seen as a positive sign for the economy. It also makes the government in Cave Spring look good because it shows that they are doing a good job of creating jobs, working to capacity, being efficient, and keeping the economy strong.

The unemployment rate is calculated using the total population in Cave Spring, Georgia that are over the age of 16.

The current population in Cave Spring that are over the age of 16 is 806 people.

The unemployment rate in Cave Spring is 11.00%, which means 46 people are unemployed.

Median Age in Cave Spring

The median age is an interesting metric because it gives us an idea of the age distribution of people in Cave Spring, Georgia. You know when you see a median age that it is the age where half of the population is older and half is younger than it.

For demographic studies, this can be used to infer and compare date to things such as birth rates, the age of parents, and so on.

An increasing median age can be a sign of an aging population, which can be a sign of a declining population. This is because older people tend to have fewer children and die more often than younger people.

The median age in Cave Spring is 49.2 years old.

We can also look at the median age by gender to compare the see how each group compares to the total median age:

Median age by gender in Cave Spring

49.2

Total

43.8

Male

51.4

Female

Households and Families

There are a total of 369 households in Cave Spring, and the average household size is 2.51 people.

For families, the total number is 247, and the average family size is 3.13 people.

18.20% of those families in Cave Spring, Georgia are living below the poverty line.

The table below shows the poverty thresholds for Cave Spring in .

Household Size Poverty Threshold
1 Person $14,580.00
2 People $19,720.00
3 People $24,860.00
4 People $30,000.00
5 People $35,140.00
6 People $40,280.00
7 People $45,420.00
8 People $50,560.00

Please note that the poverty thresholds shown above are from , while the latest demographics data we have is from 2022.

Households and Families by Marital Status

There are four types of household and family, as defined by the Census Bureau:

  • Married-couple
  • Male householder, no spouse present
  • Female householder, no spouse present
  • Nonfamily household

In the table below, you can see the total households and families in Cave Spring, Georgia for each type, as well as the average sizes.

Married Male Female Nonfamily
Total Households 167 9 71 122
Average Household Size 3.03 5.56 3.51 0
Total Families 167 9 71 0
Average Household Size 3.01 4.56 3.24 0

Housing Data in Cave Spring

There are total of 514 housing units in Cave Spring, Georgia. Of those units, 369 (71.79%) are occupied, and 145 (28.21%) are vacant.

Rental Rates

Of the 514 housing units in Cave Spring, 135 (26.26%) are occupied by renters. The median rent paid by renters is $827.00.

Owner occupied housing units make up the remaining 45.53% of housing units, with 234 housing units in total.

The table below breaks down how much rent is paid by renters in Cave Spring, Georgia.

  • No rent paid
    0
  • Less than $500
    26
  • $500 to $999
    74
  • $1,000 to $1,499
    31
  • $1,500 to $1,999
    4
  • $2,000 to $2,499
    0
  • $2,500 to $2,999
    0
  • $3,000 or more
    0

Property Values

The median value of a property in Cave Spring is $137,500.00.

The table below breaks down the range of valuations for all properties in Cave Spring.

  • Less than $50,000
    0
  • $50,000 to $99,999
    82
  • $100,000 to $149,999
    43
  • $150,000 to $199,999
    33
  • $200,000 to $299,999
    47
  • $300,000 to $499,999
    21
  • $500,000 to $999,999
    8
  • $1,000,000 or more
    0

Property Age

We can also look at the number of properties built in a given year to see the spread of property age in Cave Spring, Georgia.

  • 1939 or earlier
    96
  • 1940 to 1949
    35
  • 1950 to 1959
    11
  • 1960 to 1969
    111
  • 1970 to 1979
    91
  • 1980 to 1989
    25
  • 1990 to 1999
    71
  • 2000 to 2009
    54
  • 2010 to 2013
    20
  • 2014 or later
    0

Vehicles Available per Household

Finally, we have data on how many vehicles each household in Cave Spring has. The table below breaks down the number of vehicles available per household.

  • No vehicles available
    27
  • 1 vehicle available
    91
  • 2 vehicles available
    159
  • 3 or more vehicles available
    92

Commuting to Work in Cave Spring

The time and means of commuting to work are useful metrics to look at because they can be correlated against other data such as income and education level.

Does a longer commuting time indicate a higher average income? If so, has the huge increase in home working during the pandemic changed this?

Using these metrics, we can get a better understanding of the demographics of Cave Spring, Georgia, how they commute, and how that correlates to other data points.

The average travel time is 25.8 minutes, and the chart below covers the range of travel times across the population of Cave Spring.

  • Less than 5 minutes
    27
  • 5 to 9 minutes
    45
  • 10 to 14 minutes
    21
  • 15 to 19 minutes
    4
  • 20 to 24 minutes
    37
  • 25 to 29 minutes
    60
  • 30 to 34 minutes
    106
  • 35 to 39 minutes
    10
  • 40 to 44 minutes
    25
  • 45 to 59 minutes
    2
  • 60 to 89 minutes
    21
  • 90 or more minutes
    5

We can also look at the means of transport in Cave Spring to see which modes of transport people are using to commute to work.

  • Drove alone
    312
  • Carpooled
    51
  • Public transportation
    0
  • Walked
    0
  • Other means
    0
  • Worked from home
    7

Conclusion

Hopefully this article has given you the demographics data you were looking for in Cave Spring, Georgia.

If you need more demographics data, or you need the data listed above in spreadsheet form with more granular grouping, head back to the top of this page where you can purchase the complete demographics data for Cave Spring.

Link To or Reference This Page

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  • "Cave Spring Average Income, Population and Demographics". NameCensus.com. Accessed on May 19, 2024. https://namecensus.com/demographics/georgia/floyd-county/cave-spring/.

  • "Cave Spring Average Income, Population and Demographics". NameCensus.com, https://namecensus.com/demographics/georgia/floyd-county/cave-spring/. Accessed 19 May, 2024

  • Cave Spring Average Income, Population and Demographics. NameCensus.com. Retrieved from https://namecensus.com/demographics/georgia/floyd-county/cave-spring/.