Cave City, KY
Population 2,545 · Kentucky
About Cave City, KY
Cave City is a small town located in Kentucky with a population of 2,545 residents according to the latest US Census Bureau American Community Survey data. The median household income is $33,672 per year, which is 55% below the national median of $75,149. The median age of 40.1 years is close to the US median age of 38.9 years.
Housing Market Overview
The housing market in Cave City features a median home value of $108,100, which is 56% below the national median of $244,900. This makes Cave City one of the more affordable markets in the country, potentially attractive for first-time homebuyers. Median monthly rent is $679, 42% below the national average of $1,163/month. Of the 1,297 total housing units, 39% are owner-occupied (452 units) and 61% are renter-occupied (715 units). The higher proportion of renters may reflect a transient population, younger demographics, or high housing costs relative to income.
Economy & Employment
The local economy in Cave City shows an unemployment rate of 5.3%, which is near the national rate of 3.7%. The poverty rate stands at 28.4%, above the national average of 12.4%. Workers in Cave City have an average one-way commute time of 21.2 minutes.
Education & Demographics
5.9% of Cave City residents aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. The lower educational attainment rate may reflect the area's industry mix, with more employment in trades, manufacturing, or agricultural sectors. The community's demographic composition includes 2.7% White, 1.9% Hispanic or Latino, 0.6% Black or African American, and 0.0% Asian residents, with 1.8% of the population being foreign-born.
Cost of Living in Cave City, KY
Compared to national averages, Cave City has a median household income of $33,672 (55% below the national median of $75,149). Home values average $108,100, which is 56% below the national median. Monthly rent at $679 is 42% below the US average of $1,163. Within Kentucky, Cave City's income is 49% below the state average of $66,273, and home values are 41% below the state median of $182,504.
Why Live in Cave City, KY?
Cave City offers affordable housing with a median home value of $108,100, below the US average of $244,900, and rent that’s lower than the national average at $679/month, and short commute times averaging just 21.2 minutes.
Potential considerations include median household income ($33,672) that falls below the national average. However, Cave City’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Cave City has a population of 2,545 with a median age of 40.1 years. Compare Cave City with other cities to see how it stacks up, or explore all cities in Kentucky.
Similar Cities Near Cave City
Cities in Kentucky with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Calvert City | 2,522 | $42,566 | $157,400 | Compare |
| Falmouth | 2,577 | $38,177 | $111,300 | Compare |
| Masonville | 2,634 | $89,102 | $228,600 | Compare |
| Louisa | 2,645 | $41,250 | $144,900 | Compare |
| Cadiz | 2,649 | $40,186 | $120,800 | Compare |
| Junction City | 2,441 | $40,917 | $111,800 | Compare |
| Hartford | 2,653 | $61,313 | $103,800 | Compare |
| Anchorage | 2,421 | $215,156 | $827,000 | Compare |
Demographics
Racial & Ethnic Composition
Economy & Education
Housing
Other Cities in Kentucky
Data source: US Census Bureau ACS 5-Year Estimates. Last updated: 2026-04-05.
Compare Cave City With Other Cities
Frequently Asked Questions about Cave City
What is the population of Cave City, KY?
The population of Cave City, KY is 2,545 according to the latest US Census Bureau American Community Survey estimates. This makes it a small town in Kentucky.
What is the median household income in Cave City?
The median household income in Cave City, KY is $33,672 per year, which is 55% below the national median of $75,149.
What is the median home value in Cave City?
The median home value in Cave City, KY is $108,100, which is 56% below the national median of $244,900. A significant portion of residents rent their homes.
What is the average rent in Cave City?
The median monthly rent in Cave City, KY is $679, which is 42% below the national average of $1,163/month.
What is the unemployment rate in Cave City?
The unemployment rate in Cave City, KY is 5.3%, compared to the national average of 3.7%. Job seekers may want to research the dominant industries in the area.
Is Cave City, KY a good place to live?
Cave City offers a moderate cost of living, affordable housing, and growing employment opportunities. With a population of 2,545 and a median age of 40.1, the city appeals to a broad range of residents.
How educated is Cave City, KY?
5.9% of residents in Cave City aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. The educational profile reflects the area's industry mix and employment landscape.
What is the cost of living in Cave City?
Key cost-of-living indicators for Cave City, KY: median home value is $108,100 (56% below national), median rent is $679/month, and median household income is $33,672. The home-value-to-income ratio is 3.2x, indicating relatively affordable housing relative to local incomes.
What is the poverty rate in Cave City?
The poverty rate in Cave City, KY is 28.4%, compared to the national average of 12.4%. Residents and prospective movers should be aware of the economic challenges facing parts of this community.
How diverse is Cave City, KY?
Cave City's population is 2.7% White, 1.9% Hispanic or Latino, 0.6% Black or African American, 0.0% Asian, and 4.6% two or more races. 1.8% of residents are foreign-born.