Cascades, VA
Population 12,489 · Virginia
About Cascades, VA
Cascades is a mid-sized city located in Virginia with a population of 12,489 residents according to the latest US Census Bureau American Community Survey data. The median household income is $166,023 per year, which is 121% above the national median of $75,149. The median age of 38.7 years is close to the US median age of 38.9 years.
Housing Market Overview
The housing market in Cascades features a median home value of $617,100, which is 152% above the national median of $244,900. This places Cascades in a higher-cost housing market, where property demand often outpaces supply. Median monthly rent is $2,552, 119% above the national average of $1,163/month. Of the 4,733 total housing units, 70% are owner-occupied (3,190 units) and 30% are renter-occupied (1,366 units). The high homeownership rate suggests a stable, established residential community.
Economy & Employment
The local economy in Cascades shows an unemployment rate of 4.2%, which is near the national rate of 3.7%. The poverty rate stands at 2.8%, below the national average of 12.4%, reflecting generally favorable economic conditions. Workers in Cascades have an average one-way commute time of 28 minutes.
Education & Demographics
68.2% of Cascades residents aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. This significantly higher educational attainment rate often correlates with access to knowledge-economy jobs and higher household incomes. The community's demographic composition includes 1.9% White, 1.1% Hispanic or Latino, 2.3% Black or African American, and 7.6% Asian residents, with 25.1% of the population being foreign-born.
Cost of Living in Cascades, VA
Compared to national averages, Cascades has a median household income of $166,023 (121% above the national median of $75,149). Home values average $617,100, which is 152% above the national median. Monthly rent at $2,552 is 119% above the US average of $1,163. Within Virginia, Cascades's income is 89% above the state average of $87,957, and home values are 88% above the state median of $327,514.
Why Live in Cascades, VA?
Cascades offers a strong local economy with a median household income of $166,023, well above the national average, and a well-educated community where 68.2% of residents hold a bachelor’s degree or higher, and a low poverty rate of 2.8%, better than the national average.
Potential considerations include a competitive housing market where the typical home costs $617,100. However, Cascades’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Cascades has a population of 12,489 with a median age of 38.7 years. Compare Cascades with other cities to see how it stacks up, or explore all cities in Virginia.
Similar Cities Near Cascades
Cities in Virginia with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Forest | 12,476 | $78,825 | $319,100 | Compare |
| Newington Forest | 12,434 | $147,650 | $586,400 | Compare |
| Poquoson | 12,556 | $120,919 | $403,000 | Compare |
| Lansdowne | 12,603 | $180,379 | $753,600 | Compare |
| Manchester | 12,347 | $72,465 | $286,900 | Compare |
| Fairfax Station | 12,298 | $212,128 | $863,400 | Compare |
| Timberlake | 12,833 | $68,833 | $228,200 | Compare |
| Lakeside | 12,845 | $69,695 | $271,400 | Compare |
Demographics
Racial & Ethnic Composition
Economy & Education
Housing
Other Cities in Virginia
Data source: US Census Bureau ACS 5-Year Estimates. Last updated: 2026-04-05.
Compare Cascades With Other Cities
Frequently Asked Questions about Cascades
What is the population of Cascades, VA?
The population of Cascades, VA is 12,489 according to the latest US Census Bureau American Community Survey estimates. This makes it a mid-sized city in Virginia.
What is the median household income in Cascades?
The median household income in Cascades, VA is $166,023 per year, which is 121% above the national median of $75,149.
What is the median home value in Cascades?
The median home value in Cascades, VA is $617,100, which is 152% above the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Cascades?
The median monthly rent in Cascades, VA is $2,552, which is 119% above the national average of $1,163/month.
What is the unemployment rate in Cascades?
The unemployment rate in Cascades, VA is 4.2%, compared to the national average of 3.7%. Job seekers may want to research the dominant industries in the area.
Is Cascades, VA a good place to live?
Cascades offers above-average incomes, a competitive housing market, and growing employment opportunities. With a population of 12,489 and a median age of 38.7, the city appeals to a broad range of residents.
How educated is Cascades, VA?
68.2% of residents in Cascades aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. This above-average educational attainment often reflects a knowledge-based local economy.
What is the cost of living in Cascades?
Key cost-of-living indicators for Cascades, VA: median home value is $617,100 (152% above national), median rent is $2,552/month, and median household income is $166,023. The home-value-to-income ratio is 3.7x, a moderate figure by national standards.
What is the poverty rate in Cascades?
The poverty rate in Cascades, VA is 2.8%, compared to the national average of 12.4%. This below-average poverty rate reflects generally favorable economic conditions in the community.
How diverse is Cascades, VA?
Cascades's population is 1.9% White, 1.1% Hispanic or Latino, 2.3% Black or African American, 7.6% Asian, and 5.2% two or more races. 25.1% of residents are foreign-born.