Cavetown, MD
Population 909 · Maryland
About Cavetown, MD
Cavetown is a small community located in Maryland with a population of 909 residents according to the latest US Census Bureau American Community Survey data. The median household income is $103,866 per year, which is 38% above the national median of $75,149. The median age of 54.9 years is notably older the US median age of 38.9 years, suggesting a more established community with a higher proportion of long-term residents.
Housing Market Overview
The housing market in Cavetown features a median home value of $306,500, which is 25% above the national median of $244,900. This positions Cavetown in a moderately priced market relative to the rest of the country. Median monthly rent is $1,102, 5% below the national average of $1,163/month. Of the 465 total housing units, 91% are owner-occupied (365 units) and 9% are renter-occupied (35 units). The high homeownership rate suggests a stable, established residential community.
Economy & Employment
The local economy in Cavetown shows an unemployment rate of 2.1%, which is lower than the national rate of 3.7%, indicating a relatively strong job market. The poverty rate stands at 2.1%, below the national average of 12.4%, reflecting generally favorable economic conditions. Workers in Cavetown have an average one-way commute time of 24.3 minutes.
Education & Demographics
25.3% of Cavetown residents aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. This is in line with national trends in educational attainment. The community's demographic composition includes 1.7% White, 0.0% Hispanic or Latino, 0.0% Black or African American, and 0.0% Asian residents, with 0.0% of the population being foreign-born.
Cost of Living in Cavetown, MD
Compared to national averages, Cavetown has a median household income of $103,866 (38% above the national median of $75,149). Home values average $306,500, which is 25% above the national median. Monthly rent at $1,102 is 5% below the US average of $1,163. Within Maryland, Cavetown's income is 4% below the state average of $107,956, and home values are 24% below the state median of $402,447.
Why Live in Cavetown, MD?
Cavetown offers a strong local economy with a median household income of $103,866, well above the national average, and rent that’s lower than the national average at $1,102/month, and a strong job market with an unemployment rate of just 2.1%. Additionally, the city features a low poverty rate of 2.1%, better than the national average, and short commute times averaging just 24.3 minutes.
Cavetown has a population of 909 with a median age of 54.9 years. Compare Cavetown with other cities to see how it stacks up, or explore all cities in Maryland.
Similar Cities Near Cavetown
Cities in Maryland with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Calvert Beach | 911 | $85,667 | $292,000 | Compare |
| Maryland Park | 888 | $88,068 | $350,900 | Compare |
| Mount Vernon | 885 | $88,500 | $207,000 | Compare |
| Union Bridge | 941 | $65,417 | $264,800 | Compare |
| Tilghman Island | 874 | $64,931 | $330,300 | Compare |
| Garrett Park | 872 | $250,001 | $994,200 | Compare |
| Finzel | 871 | $112,868 | $236,800 | Compare |
| Cecilton | 863 | $95,795 | $233,800 | Compare |
Demographics
Racial & Ethnic Composition
Economy & Education
Housing
Other Cities in Maryland
Data source: US Census Bureau ACS 5-Year Estimates. Last updated: 2026-04-05.
Compare Cavetown With Other Cities
Frequently Asked Questions about Cavetown
What is the population of Cavetown, MD?
The population of Cavetown, MD is 909 according to the latest US Census Bureau American Community Survey estimates. This makes it a small community in Maryland.
What is the median household income in Cavetown?
The median household income in Cavetown, MD is $103,866 per year, which is 38% above the national median of $75,149.
What is the median home value in Cavetown?
The median home value in Cavetown, MD is $306,500, which is 25% above the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Cavetown?
The median monthly rent in Cavetown, MD is $1,102, which is 5% below the national average of $1,163/month.
What is the unemployment rate in Cavetown?
The unemployment rate in Cavetown, MD is 2.1%, compared to the national average of 3.7%. This lower-than-average rate suggests a relatively healthy local job market.
Is Cavetown, MD a good place to live?
Cavetown offers above-average incomes, a competitive housing market, and a strong job market. With a population of 909 and a median age of 54.9, the city appeals to established professionals and retirees.
How educated is Cavetown, MD?
25.3% of residents in Cavetown 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 Cavetown?
Key cost-of-living indicators for Cavetown, MD: median home value is $306,500 (25% above national), median rent is $1,102/month, and median household income is $103,866. The home-value-to-income ratio is 3.0x, indicating relatively affordable housing relative to local incomes.
What is the poverty rate in Cavetown?
The poverty rate in Cavetown, MD is 2.1%, compared to the national average of 12.4%. This below-average poverty rate reflects generally favorable economic conditions in the community.
How diverse is Cavetown, MD?
Cavetown's population is 1.7% White, 0.0% Hispanic or Latino, 0.0% Black or African American, 0.0% Asian, and 2.6% two or more races. 0.0% of residents are foreign-born.