Cave Springs, Arkansas

Population

Growing. Up 14.0% since 2020.

6,701

people, the 57th-largest of Arkansas's cities and towns.

Census Population Estimates, 2025. Rank among Arkansas's cities and towns computed by the Almanac. Sources: Census Population Estimates

The workday

9 in 10 jobs here go to people who live somewhere else.

94.2%

of 808 jobs located in Cave Springs are filled by in-commuters.

Census LEHD LODES, 2023. Sources: Census LEHD LODES

Rent

Median rent is up 337% since the 2005–2009 survey, before inflation.

$2,222

a month. Arkansas's median is $947.

Census ACS 5-year, 2020-2024 (latest), with earlier 5-year windows. Sources: Census ACS 5-year

The seam

Cross one tract line and median rent doubles.

A $1,198 gap between neighbors, the sharpest rent edge between adjacent tracts in Benton County.

• $1,105 Tract 213.15
• $2,303 Tract 213.08

Census ACS 5-year, 2020-2024, adjacent tracts compared by the Almanac. Tract estimates carry wide margins of error. Sources: Census ACS 5-year

Room to build

The median rent is above what local wages can carry.

$945–$1,418

is the monthly rent range local workforce wages support.

• $2,222 median

Supportable rent computed by the Almanac from 2023 source wage data. Median rent: Census ACS 5-year, 2020-2024. Sources: Computed by the Almanac, Census ACS 5-year

Building

26% of the housing here was built before 2000.

• 1,138 homes permitted in ten years, 2016–2025
• 3% of those were in multifamily buildings
• 26% of all homes were built before 2000

Census Building Permits Survey, 2016–2025; Census ACS 5-year, 2020-2024. Sources: Census Building Permits Survey, Census ACS 5-year

Units needed

Closing the gap would add 0.1–0.4% to the 2,028 homes here.

2–8

is the estimated number of missing housing units, from the lowest to the highest of three estimates.

Range computed by the Almanac from 2023 jobs and household data, using three demand models: 1% of jobs located here, 1% of renter households, and a rate by town size applied to renters. The low end is the lowest of the three and the high end the highest. It is an estimate, not a count. Sources: Computed by the Almanac

Home value

A median home costs 145% more than Arkansas's.

$460,300

median home value in Cave Springs.

• $460,300 Cave Springs
• $188,000 Arkansas
• $332,700 U.S.

Census ACS 5-year, 2020-2024. Sources: Census ACS 5-year