Cave Springs is a somewhat small city located in the state of Arkansas. With a population of 6,050 people and just one neighborhood, Cave Springs is the 68th largest community in Arkansas. Much of the housing stock in Cave Springs was built relatively recently. The construction of new real estate can often be taken as an indication that the local Cave Springs economy is robust, and that jobs or other amenities are attracting an influx of new residents. This seems to be the case in Cave Springs, where the median household income is $143,393.00.
Cave Springs home prices are not only among the most expensive in Arkansas, but Cave Springs real estate also consistently ranks among the most expensive in America.
Cave Springs is a decidedly white-collar city, with fully 88.19% of the workforce employed in white-collar jobs, well above the national average. Overall, Cave Springs is a city of professionals, managers, and sales and office workers. There are especially a lot of people living in Cave Springs who work in sales jobs (16.01%), management occupations (13.54%), and healthcare (12.29%).
Also of interest is that Cave Springs has more people living here who work in computers and math than 95% of the places in the US.
Telecommuters are a relatively large percentage of the workforce: 18.93% of people work from home. While this number may seem small overall, as a fraction of the total workforce it is high relative to the nation. These workers are often telecommuters who work in knowledge-based, white-collar professions. For example, Silicon Valley has large numbers of people who telecommute. Other at-home workers may be self-employed people who operate small businesses out of their homes.
In addition, Cave Springs is home to many people who could be described as "urban sophisticates". Urban sophisticates are people who are both educated and wealthy, and thus tend to be older, richer, and more established than young professionals. "Urban sophisticates" is not just about being educated and well-off financially: it is a point of view and state of mind, one that you might call 'urbaneness'. But such people can and do regularly live in small towns, suburbs and rural areas, as well as in big cities. They read, support the arts and high-end shops, and love travel.
Because of many things, Cave Springs is a very good place for families to consider. With an enviable combination of good schools, low crime, college-educated neighbors who tend to support education because of their own experiences, and a high rate of home ownership in predominantly single-family properties, Cave Springs really has some of the features that families look for when choosing a good community to raise children. Is Cave Springs perfect? Of course not, and if you like frenetic nightlife, it will be far from your cup of tea. But overall this is a solid community, with many things to recommend it as a family-friendly place to live.
Being a small city, Cave Springs does not have a public transit system used by locals to get to and from work.
If knowledge is power, Cave Springs is a pretty powerful place. 58.77% of the adults in Cave Springs have earned a 4-year college degree, masters degree, MD, law degree, or even PhD. Compare that to the national average of 21.84% for all cities and towns.
The per capita income in Cave Springs in 2022 was $58,747, which is wealthy relative to Arkansas and the nation. This equates to an annual income of $234,988 for a family of four.
Cave Springs is a very ethnically-diverse city. The people who call Cave Springs home describe themselves as belonging to a variety of racial and ethnic groups. The greatest number of Cave Springs residents report their race to be White, followed by Asian. Important ancestries of people in Cave Springs include English, German, Irish, Scottish, and Polish.
The most common language spoken in Cave Springs is English. Other important languages spoken here include Spanish and Polish.
The way a neighborhood looks and feels when you walk or drive around it, from its setting, its buildings, and its flavor, can make all the difference. This neighborhood has some really cool things about the way it looks and feels as revealed by NeighborhoodScout's exclusive research. This might include anything from the housing stock to the types of households living here to how people get around.
Astoundingly, NeighborhoodScout's research reveals that this single neighborhood has a higher concentration of married couples living here than 99.8% of all U.S. neighborhoods. Whether they have school-aged children or not, married couples are the rule in the neighborhood. If you are a married couple, you may find many people here with a similar lifestyle, and perhaps common interests. But if you are single, you might not find many other singles here.
In addition, according to NeighborhoodScout's exclusive analysis, is among the best neighborhoods for families in Arkansas. In fact, this neighborhood is more family-friendly than 99.8% of neighborhoods in the entire state of Arkansas. Its combination of top public schools, low crime rates, and owner-occupied single family homes gives this area the look and feel of a "Leave It to Beaver" episode. Many other families also live here, making it easy to socialize and develop a strong sense of community. In addition, the high number of college-educated parents influences the academic success of the local schools. Overall, you will find all of the amenities a family needs to thrive in the neighborhood. In addition to being an excellent choice for families with school-aged children, this neighborhood is also a very good choice for highly educated executives and urban sophisticates.
Homes built from 2000 through today make up a higher proportion of the neighborhood's real estate landscape than 97.3% of the neighborhoods in America. When you are driving around this neighborhood, you'll notice right away that it is one of the newest built of any, with the smell of fresh paint, and the look of young landscaping nearly everywhere you look. In fact, 79.1% of the residential real estate here is classified as newer.
In addition, real estate in the neighborhood is almost exclusively owner-occupied. NeighborhoodScout's analysis reveals that this neighborhood has a higher rate of owner-occupied housing than is found in 95.6% of U.S. neighborhoods. If you are seeking to rent, this neighborhood may not have many options, but high rates of ownership often indicate stability in a neighborhood.
How wealthy a neighborhood is, from very wealthy, to middle income, to low income is very formative with regard to the personality and character of a neighborhood. Equally important is the rate of people, particularly children, who live below the federal poverty line. In some wealthy gated communities, the areas immediately surrounding can have high rates of childhood poverty, which indicates other social issues. NeighborhoodScout's analysis reveals both aspects of income and poverty for this neighborhood.
The neighbors in the neighborhood in Cave Springs are wealthy, making it among the 15% highest income neighborhoods in America. NeighborhoodScout's exclusive analysis reveals that this neighborhood has a higher income than 91.0% of the neighborhoods in America. In addition, 0.7% of the children seventeen and under living in this neighborhood are living below the federal poverty line, which is a lower rate of childhood poverty than is found in 79.7% of America's neighborhoods.
A neighborhood is far different if it is dominated by enlisted military personnel rather than people who earn their living by farming. It is also different if most of the neighbors are clerical support or managers. What is wonderful is the sheer diversity of neighborhoods, allowing you to find the type that fits your lifestyle and aspirations.
In the neighborhood, 52.8% of the working population is employed in executive, management, and professional occupations. The second most important occupational group in this neighborhood is sales and service jobs, from major sales accounts, to working in fast food restaurants, with 24.8% of the residents employed. Other residents here are employed in manufacturing and laborer occupations (13.3%), and 9.2% in clerical, assistant, and tech support occupations.
The most common language spoken in the neighborhood is English, spoken by 93.7% of households. Some people also speak Spanish (4.0%).
Boston's Beacon Hill blue-blood streets, Brooklyn's Orthodox Jewish enclaves, Los Angeles' Persian neighborhoods. Each has its own culture derived primarily from the ancestries and culture of the residents who call these neighborhoods home. Likewise, each neighborhood in America has its own culture – some more unique than others – based on lifestyle, occupations, the types of households – and importantly – on the ethnicities and ancestries of the people who live in the neighborhood. Understanding where people came from, who their grandparents or great-grandparents were, can help you understand how a neighborhood is today.
In the neighborhood in Cave Springs, AR, residents most commonly identify their ethnicity or ancestry as English (15.2%). There are also a number of people of Irish ancestry (10.8%), and residents who report German roots (9.7%), and some of the residents are also of Mexican ancestry (4.3%), along with some Polish ancestry residents (3.4%), among others.
Even if your neighborhood is walkable, you may still have to drive to your place of work. Some neighborhoods are located where many can get to work in just a few minutes, while others are located such that most residents have a long and arduous commute. The greatest number of commuters in neighborhood spend between 15 and 30 minutes commuting one-way to work (58.8% of working residents), which is shorter than the time spent commuting to work for most Americans.
Here most residents (73.3%) drive alone in a private automobile to get to work. In a neighborhood like this, as in most of the nation, many residents find owning a car useful for getting to work.