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Cave Spring, VA
Full City Profile · Virginia · Salem city County
3.9
/5.0
B+
Good
26,014
Population
2,179/sq mi density
$85,314
Median Income
$47,663 per capita
$296,700
Home Value
$272,178 Zillow
$1,224
Median Rent
24.4% income on rent
51°F
Avg Temperature
305 sunny days/yr
344
Violent Crime/100K
4,171 property/100K
B+
Overall
3.9 / 5.0
Good overall score based on economy, affordability, safety and education
A+
Economy
4.7 / 5.0
$85,314 median income, 1.9% unemployment
A+
Affordability
4.7 / 5.0
$296,700 home value, $1,224/mo rent
F
Safety
1.0 / 5.0
344 violent crimes/100K
A+
Education
5.0 / 5.0
50.4% bachelor's degree or higher
Top Industries in Cave Spring (15)
County-level employment data (BLS QCEW). Sorted by employment.
Health Care & Social Assistance
3,470 jobs
192 firms
$63,836/yr
Manufacturing
2,708 jobs
60 firms
$76,183/yr
Wholesale Trade
1,992 jobs
61 firms
$85,085/yr
Accommodation & Food Services
1,586 jobs
96 firms
$24,137/yr
Retail Trade
1,546 jobs
108 firms
$33,652/yr
Administrative & Waste Services
838 jobs
60 firms
$44,880/yr
Educational Services
643 jobs
12 firms
$49,335/yr
Professional & Technical Services
612 jobs
90 firms
$81,030/yr
Other Services
586 jobs
113 firms
$40,062/yr
Finance & Insurance
440 jobs
65 firms
$80,667/yr
Arts & Entertainment
255 jobs
18 firms
$34,348/yr
Management of Companies
253 jobs
6 firms
$70,678/yr
Real Estate
190 jobs
53 firms
$47,152/yr
Information & Technology
113 jobs
8 firms
$46,143/yr
Unclassified
34 jobs
17 firms
$116,834/yr
Industry Specialization (Location Quotient)
LQ > 1.0 means the industry is more concentrated here than the national average.
Wholesale Trade
2.47
Manufacturing
1.61
Educational Services
1.52
Unclassified
1.19
Health Care & Social Assistance
1.18
Other Services
0.95
Accommodation & Food Services
0.85
Retail Trade
0.76
Arts & Entertainment
0.74
Management of Companies
0.73
Administrative & Waste Services
0.70
Real Estate
0.60
Finance & Insurance
0.53
Professional & Technical Services
0.43
Information & Technology
0.29
Thin line = national average (1.0)
Complete Industry Data
| Industry | Employment | Establishments | Avg Weekly Wage | Avg Annual Pay | LQ |
|---|---|---|---|---|---|
| Health Care & Social Assistance | 3,470 | 192 | $1,228 | $63,836 | 1.18 |
| Manufacturing | 2,708 | 60 | $1,465 | $76,183 | 1.61 |
| Wholesale Trade | 1,992 | 61 | $1,636 | $85,085 | 2.47 |
| Accommodation & Food Services | 1,586 | 96 | $464 | $24,137 | 0.85 |
| Retail Trade | 1,546 | 108 | $647 | $33,652 | 0.76 |
| Administrative & Waste Services | 838 | 60 | $863 | $44,880 | 0.70 |
| Educational Services | 643 | 12 | $949 | $49,335 | 1.52 |
| Professional & Technical Services | 612 | 90 | $1,558 | $81,030 | 0.43 |
| Other Services | 586 | 113 | $770 | $40,062 | 0.95 |
| Finance & Insurance | 440 | 65 | $1,551 | $80,667 | 0.53 |
| Arts & Entertainment | 255 | 18 | $661 | $34,348 | 0.74 |
| Management of Companies | 253 | 6 | $1,359 | $70,678 | 0.73 |
| Real Estate | 190 | 53 | $907 | $47,152 | 0.60 |
| Information & Technology | 113 | 8 | $887 | $46,143 | 0.29 |
| Unclassified | 34 | 17 | $2,247 | $116,834 | 1.19 |