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CITY

Cavetown

Maryland · 858 residents · 1.904 sq mi
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The short version

Cavetown is significantly wealthier than the US average, with a median household income of $108,677. Population has fallen 42% since 2000, a loss of 628 residents. Median home value has more than doubled since 2000, reaching $325,400. With a median age of 54.7, the population is older than the US median of 38.9. Poverty is rare here, at 3.4% of residents. It sits in the top 10% of US cities for household income.

At a glance
Wealthier
above the US median
US median: $82,259
Older
median age 54.7
US median: 38.9
Less educated
24% hold a bachelor's degree
US average: 36%
Less affordable
home values up 42%, inflation adjusted
US median home: $376,019
Section 01

Population & growth

Total population
858
−42%since 2000
from 1,486 in 2000
2000 – 2024
Population density
451 / sq mi
−42%since 2000
from 780 / sq mi in 2000
US average: 281
Median age
54.7
+31%since 2000
from 41.9 in 2000
US average: 38.9
Population, 2000 – 2024
7711K1K2K2K2000201020202024Cavetown
2024858
2000201020202024
Section 02

Income & economy

Median household income
$108,677
+22%inflation adjusted, since 2000
from $48,816 in 2000
US average: $82,259
2000 – 2024
Per capita income
$49,099
+148%since 2000
from $19,790 in 2000
US average: $44,673
Households earning $100K+
70.3%
+34.3 ptssince 2009
from 36.0% in 2009
US average: 53.3%
Poverty rate
3.4%
−0.5 ptssince 2000
from 3.8% in 2000
US average: 12.5%
Income inequality (Gini)
0.284
Unchangedsince 2010
from 0.285 in 2010
US average: 0.476
Workforce by industry, 2024
Information17.5%
US avg: 10.8%
Finance & insurance14%
US avg: 5.9%
Professional, scientific, technical11.7%
US avg: 5.1%
Retail trade10.7%
US avg: 9.9%
Other services8.6%
US avg: 6.7%
Public administration7%
US avg: 4.8%
Education & health services2.3%
US avg: 0.9%
Arts, entertainment, food2.1%
US avg: 1.9%
Agriculture, forestry, fishing0%
US avg: 1.6%
Construction0%
US avg: 1.2%
Manufacturing0%
US avg: 0.4%
Wholesale trade0%
US avg: 6.9%
Transportation & warehousing0%
US avg: 2.2%
BARS: THIS PLACE · TICKS: US AVERAGE
Section 03

Housing

Median home value
$325,400
+42%inflation adjusted, since 2000
from $126,100 in 2000
US average: $376,019
2000 – 2024
Median gross rent
$1,058
+17%inflation adjusted, since 2000
from $496 in 2000
US average: $1,442
Owner-occupied
89.3%
+3.5 ptssince 2000
from 85.8% in 2000
10.7% rent
Vacancy rate
5.4%
−8.4 ptssince 2009
from 13.9% in 2009
US average: 10.0%
Owner cost-burdened
12.8%
−6.6 ptssince 2009
from 19.5% in 2009
US average: 22.9%
Renter cost-burdened
65.1%
+65.1 ptssince 2009
from 0.0% in 2009
US average: 47.4%
Afford Score
3.0
+16%since 2000
from 2.6 in 2000
2000 – 2024
Gentrification Score
41
RELATED:See current rent listings in Cavetown on RentDataNow
Section 04

Race & ethnicity

2000
White, non-Hispanic97.2%(1,444)
Black0.1%(2)
Hispanic / Latino1.5%(23)
Asian0.1%(2)
Other0%
Diversity Score4.5%(67)
2024
White, non-Hispanic88.8%(762)
Black1.3%(11)
Hispanic / Latino1%(9)
Asian1%(9)
Other7.8%(67)
Diversity Score25.6%(220)
Diversity Score
26
+467%since 2000
from 5 in 2000
2000 – 2024
Section 05

Education

Bachelor's degree or higher
24.1%
+11.0 ptssince 2000
from 13.0% in 2000
US average: 35.6%
High school or higher
81.8%
−7.6 ptssince 2000
from 89.4% in 2000
US average: 89.6%
Graduate degree
5.5%
−0.1 ptssince 2000
from 5.7% in 2000
US average: 14.0%
Section 06

Commute & transportation

Average commute
23.8 min
+33%since 2000
from 17.9 min in 2000
US average: 26.5
Drive alone to work
87.9%
+3.8 ptssince 2009
from 84.0% in 2009
US average: 68.9%
Carpooled to work
0.0%
−6.2 ptssince 2009
from 6.2% in 2009
US average: 8.5%
Public transit
0.0%
Unchangedsince 2009
from 0.0% in 2009
US average: 3.2%
Worked from home
12.1%
+4.1 ptssince 2009
from 8.0% in 2009
US average: 15.0%
Walked to work
0.0%
Unchangedsince 2009
from 0.0% in 2009
US average: 2.4%
Biked to work
0.0%
Unchangedsince 2009
from 0.0% in 2009
US average: 0.4%
No vehicle available
2.2%
+0.8 ptssince 2009
from 1.4% in 2009
US average: 8.3%
Section 07

Work & employment

Unemployment rate
2.3%
−0.4 ptssince 2011
from 2.7% in 2011
US average: 5.2%
Labor force participation
58.1%
−8.3 ptssince 2011
from 66.5% in 2011
US average: 63.5%
Self-employed
13.1%
−4.7 ptssince 2009
from 17.8% in 2009
US average: 13.1%
Management & professional
49.4%
−16.3 ptssince 2009
from 65.7% in 2009
US average: 42.5%
Section 08

People & community

Male
48.3%
+3.3 ptssince 2009
from 45.0% in 2009
Female
51.7%
−3.3 ptssince 2009
from 55.0% in 2009
Foreign born
0.0%
−1.3 ptssince 2009
from 1.3% in 2009
US average: 14.1%
Veterans
10.1%
−35.0 ptssince 2009
from 45.1% in 2009
US average: 6.2%
With a disability
13.8%
+4.2 ptssince 2012
from 9.6% in 2012
US average: 13.3%
Uninsured
4.5%
−92.9 ptssince 2013
from 97.4% in 2013
US average: 8.4%
Broadband at home
66.3%
−10.6 ptssince 2017
from 76.9% in 2017
US average: 91.0%
English only at home
100.0%
+3.5 ptssince 2016
from 96.5% in 2016
US average: 77.7%
Spanish at home
0.0%
−2.5 ptssince 2016
from 2.5% in 2016
US average: 13.6%
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Compare Cavetown to nearby cities

CAVETOWN VS
Robinwood
Income$90,840−16%
Home value$341,300+5%
Population8,042+837%
SEE FULL COMPARISON →
CAVETOWN VS
Hagerstown
Income$52,221−52%
Home value$224,500−31%
Population44,228+5055%
SEE FULL COMPARISON →
CAVETOWN VS
Waynesboro
Income$66,956−38%
Home value$188,600−42%
Population11,190+1204%
SEE FULL COMPARISON →
CAVETOWN VS
Halfway
Income$71,036−35%
Home value$253,300−22%
Population10,849+1164%
SEE FULL COMPARISON →
Frequently asked

How many people live in Cavetown, Maryland?

Cavetown, Maryland has about 858 residents according to the 2024 American Community Survey.

What is the median household income in Cavetown, Maryland?

The typical household in Cavetown, Maryland earns about $108,677 a year. Half of households make more than that, and half make less.

Is Cavetown, Maryland expensive?

In Cavetown, Maryland, the median home is worth about $325,400, and the typical rent is about $1,058 a month.

How educated are people in Cavetown, Maryland?

About 24.1% of adults age 25 and over in Cavetown, Maryland hold a bachelor's degree or higher.

What is the poverty rate in Cavetown, Maryland?

About 3.4% of people in Cavetown, Maryland live below the federal poverty line.

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DATA: US CENSUS BUREAU ACS 5-YEAR + DECENNIAL CENSUS · UPDATED 2024

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