Cost Of Living
The overall cost of living in this area is much lower than average. This includes everyday goods and services, as well as housing, utilities and health care.
Crime
With a lower than average crime rate per 100,000 people, this area could be considered a very safe place to live. Crime rates are based on both violent and property crimes.
Housing
This area has received high scores in the housing category. This could be due to a positive home affordability ratio, high appreciation rates or elevated home values.
Ratings
Local residents have positive things to say about the proximity of restaurants, grocery stores, parks, public transit, friendliness of neighbors, sense of community and overall safety of the area.
Amenities
A majority of amenities are not ideally situated within a reasonable walking distance, which may lead residents to rely on a vehicle or public transportation.
Commute
Public transportation is not readily available in this area and the average commute time to work could also be longer than the national average.
Employment
A low score in the employment category could indicate that this area struggles with high unemployment rates and low household income and income per capita levels.
Schools
Lower than average education levels, poor reading and math scores, as well as the inaccessibility of local elementary and high schools could all be factors in the low schools score.
Cave City, Kentucky is a smaller city with a population of 2,573 inhabitants. The majority of Cave City residents report their race to be White; this is followed by Black and Asian. In Cave City, only 46% of people over the age of fifteen are married. This city could be a good option for singles ready to mingle.
Without the right tools, relocating to any new town can be very stressful and challenging. Living in Cave City, Kentucky could be a positive experience for anyone who puts in the time to do the research required. When searching for a new neighborhood, several key items should be considered. Safety is paramount, ensuring a secure environment for you and your family. Proximity to workplaces or schools reduces commuting time and enhances convenience. Access to amenities like parks, grocery stores and healthcare facilities contributes to a comfortable lifestyle. Reliable public transportation options promote easy mobility. A strong sense of community fosters social connections and a welcoming atmosphere. To help you find the best places to live in and around Cave City, AreaVibes has created a livability score using key metrics like amenities, commute, health & safety, housing and more.
Cave City, KY receives 62 out of 100 for its livability score; this results in a ranking of #295 in Kentucky and #14,228 in the USA. If we examine each of the categories individually, we see that Cave City ranks well for crime (A-) and housing (B-). There is at least one category that does not have great scores in Cave City. The following was graded with a concerning score: amenities (F), education (F) and employment (F).
Achieving a cost-effective lifestyle can be pivotal in managing your monthly expenditures, especially given the ongoing upward trajectory of everday goods and housing prices. In Cave City, residents are fortunate to experience a cost of living that is 20.4% below the national average. This advantageous positioning extends its impact to a wide spectrum of expenses, encompassing not only goods and services but also transportation and health care costs. As a result, this area stands out as a place where your money stretches further, ensuring that you can maintain a more economical and sustainable lifestyle. This affordability becomes increasingly valuable in an era marked by soaring costs, making Cave City an attractive choice for those seeking financial prudence without compromising on quality of life.
Feeling a sense of safety in the area that you live in is a must for most people. Low crime rates can have a positive impact on things like home prices, home appreciation rates and can help foster positive community dynamics and social cohesion. Cave City has a violent crime rate of 0 crimes per 100,000 residents which is far lower than the national average.
Real estate represents the most substantial investment for homebuyers, constituting their most valuable asset. Renters, on the other hand, typically see their monthly rent as their most significant expense. The Cave City market earns a high score in the housing category, surpassing the national average in factors like home and rental affordability and appreciation rates. This robust real estate market not only benefits individual homeowners and renters but also spurs vigorous local economic activity and job growth, solidifying its significance in driving the region's prosperity and financial well-being.
Assuming that Cave City meets all of your requirements like low crime rates, good schools and great local amenities, the next most important item to examine is the affordability of real estate in Cave City. Everything else becomes a lot less important if it turns out that home prices in Cave City are simply unattainable. Median real estate prices in Cave City come in at $79,400, which is 37% lower than the Kentucky average. The home price to income ratio compares the median home prices to the median household income. In Cave City, the home price to income ratio is 2.9, which is 3.6% higher than the Kentucky average.
| Statistic | Cave City | Kentucky | National |
| Average one way commute | 22min | 23min | 26min |
| Workers who drive to work | 84.0% | 82.2% | 76.4% |
| Workers who carpool | 7.8% | 9.7% | 9.3% |
| Workers who take public transit | 0.0% | 1.1% | 5.1% |
| Workers who bicycle | 0.0% | 0.2% | 0.6% |
| Workers who walk | 4.2% | 2.4% | 2.8% |
| Working from home | 1.0% | 3.3% | 4.6% |
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