Photo by Marc René Geiser on Unsplash (https://unsplash.com/@milkstrasse)
Cave Spring, Virginia Retirement Guide
established retirement community
53
Retirement Score
Cave Spring, Virginia at a Glance
- Median Home Price
- $274,300
- State Income Tax
- State income tax; Social Security exempt; age-based retirement income subtraction available.
- Avg January Low
- N/A
- Cost of Living Index
- 102 (US avg = 100)
- Best For
- established retirement community
- RetireCityIQ Score
- 53 / 100
Retirement Data
Affordability
Cost of Living Index
102 (U.S. avg = 100)Medium confidence
BEA Regional Price Parities · Updated March 2026
Median Home Price
$274,300High confidence
U.S. Census ACS 5-Year · Updated April 2026
Median Monthly Rent
$1,176High confidence
U.S. Census ACS 5-Year · Updated April 2026
Taxes
Retirement Tax Score
45 / 100Medium confidence
Tax Foundation · Updated March 2026
Tax Details
State income tax; Social Security exempt; age-based retirement income subtraction available.Medium confidence
Tax Foundation · Updated March 2026
Retiree Readiness (Sprint 2)
Care Access Score (proxy)Data not available
Aging-in-Place Score (proxy)
43.6 / 100High confidence
RetireCityIQ proxy model · Updated April 2026
Healthcare
Healthcare Access ScoreData not available
Climate
Avg July HighData not available
Avg January LowData not available
Annual PrecipitationData not available
Sunny Days / YearData not available
Safety
Safety Score
100 / 100Medium confidence
FBI Crime Data Explorer · Updated March 2026
Walkability
Walk Score (proxy)
7.6 / 100Medium confidence
U.S. Census ACS 5-Year (B08301) · Updated March 2026
Transit Score (proxy)
1.1 / 100Medium confidence
U.S. Census ACS 5-Year (B08301) · Updated March 2026
Demographics
Population
26,013High confidence
U.S. Census ACS 5-Year · Updated April 2026
Median Age
40.9High confidence
U.S. Census ACS 5-Year · Updated April 2026
Age 65+
18.6%High confidence
U.S. Census ACS 5-Year · Updated April 2026
Median Household Income
$83,538High confidence
U.S. Census ACS 5-Year · Updated April 2026
Community Profile
Owner-Occupied Housing
67.9%High confidence
U.S. Census ACS 5-Year · Updated April 2026
Veterans
6.7%High confidence
U.S. Census ACS 5-Year · Updated April 2026
Bachelor's Degree+
50.4%High confidence
U.S. Census ACS 5-Year · Updated April 2026
Poverty Rate
7.6%High confidence
U.S. Census ACS 5-Year · Updated April 2026
Diversity
White
83.6%High confidence
U.S. Census ACS 5-Year · Updated April 2026
Black
4.9%High confidence
U.S. Census ACS 5-Year · Updated April 2026
Hispanic/Latino
4.3%High confidence
U.S. Census ACS 5-Year · Updated April 2026
Asian
7.0%High confidence
U.S. Census ACS 5-Year · Updated April 2026
10-Year Housing Stress Test (Estimate)
Estimate monthly homeowner carrying cost in Cave Spring using median home price and adjustable assumptions. Stress case applies +10% property tax, +20% insurance, +10% maintenance.
Estimated monthly carrying cost
$594
Stress-case monthly carrying cost
$667
Median home price used: $274,300
Median rent reference: $1,176 / month
Estimate includes property tax, insurance, maintenance reserve, and HOA. It excludes mortgage, utilities, and one-time transaction costs.