Income & Economy in Cave Springs, AR

Household income, poverty rates, employment, and economic data — 2023 ACS Data

Income Overview

Source: U.S. Census Bureau ACS (2023)

Median Household Income

$147,917

+102% vs national

Per Capita Income

$54,212

+46% vs national

Poverty Rate

1.4%

-90% vs national

Gini Index

0.3685

0 = perfect equality

Unemployment

4.2%

-20% vs national

SNAP Recipients

0.0%

of households

How Cave Springs Compares

Source: Census ACS (2023)

Cave Springs vs Similar Cities

Source: Census ACS (2023)

Compared to cities with under 10,000 residents. Cave Springs is highlighted.

Median Household Income

Per Capita Income

Poverty Rate

Unemployment Rate

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Where Do You Stack Up?

Enter your household income to see how you compare to other households in Cave Springs. The median household income here is $147,917.

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Income Distribution

Source: U.S. Census Bureau ACS (2023)
<$25K
1.7%
$25-50K
8.2%
$50-75K
7.0%
$75-100K
8.8%
$100-150K
25.0%
$150-200K
20.2%
$200K+
29.1%

Employment Snapshot

Source: U.S. Census Bureau ACS (2023)

Unemployment Rate

4.2%

-32% vs AR avg

Labor Force

2,717

Employed

2,604

Mean Commute

17 min

How People Get to Work

Source: Census ACS (2023)

Employment by Sector

Source: Census ACS (2023)

Education & Workforce

Source: U.S. Census Bureau ACS (2023)

Bachelor's Degree+

35.0%

of adults 25+

High School Diploma+

49.0%

of adults 25+

Median Age

34.4

Work from Home

18.7%

of workers

The median household income in Cave Springs, AR is $147,917, which is 102.0% above the national average of $73,224. Per capita income is $54,212. The poverty rate of 1.4% is lower than the AR state average of 19.2%. The Gini index of income inequality is 0.3685, where 0 represents perfect equality and 1 represents maximum inequality. The unemployment rate is 4.2%, compared to the state average of 6.1%. 35.0% of adults hold a bachelor's degree or higher. The average commute time is 17 minutes, with 18.7% working from home.