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Cave City: Economy & Jobs

Households in Cave City earn a median $49,800 (1.1× higher than Sharp County median $44,637; 1.2× below Arkansas median $60,773), with homes at a median value of $120,700. The surrounding county supports 17,612 jobs (avg $48,642).

Income & Affordability

Median household income $49,800 — below the Arkansas median ($60,273). Poverty rate 19.7% (U.S. average ~12.5%). 31% of renters spend more than half their income on rent ("severely cost-burdened" by HUD definition; U.S. ~24%).

Affordability · Home Price To Income2.4×
Affordability · Home Affordabilityaffordable
Affordability · Rent Pct Income15.3%
Affordability · Rent Affordabilityaffordable
Affordability · Pct Severely Rent Burdened31.3%
Affordability · Poverty Rate19.7%
Affordability · Property Tax Pct Income1.1%
Irs Income · IRS tax returns filed$15,390
Irs Income · Total Adjusted Gross Income (thousands)$930,885
Irs Income · Average AGI per return$60,486 (vs Arkansas $71,436)
Irs Income · Year2022
Income Estimate$47,005
Median Household Income$49,800 (vs Arkansas $60,273)
Poverty Rate19.7%

Sources: IRS SOI 2022 · Census ACS 5-Year 2023  ·  Refreshed 2026-04-12

Economic Character

Qualitative classification derived from Census occupation, industry, and income data — workforce composition (white-collar/blue-collar), top employing sector, and income tier.

Economic Character · Workforcemixed
Economic Character · Top IndustryEducation Healthcare
Economic Character · Income Levelworking-class
Economic Character · Median Income$49,800

Employment & Workforce

Employment + workforce stats. The county-level employment count covers all jobs within the county, not just town residents. Unemployment rate 2.4% — below the U.S. average of ~4%. 2% work from home (U.S. average ~15%).

Commuter Profile · Work From Home Pct2.0%
Commuter Profile · Primary Modedrove alone
Employment · Avg annual employment (county)17,612
Employment · Total annual wages (county)$856,707,447
Employment · Average annual pay$48,642
Employment · Year2024
State Occupation Wages · Year2023
State Occupation Wages · All Occupations · Soc Code00-0000
State Occupation Wages · All Occupations · TitleAll Occupations
State Occupation Wages · All Occupations · Employment1,271,320
Unemployment Rate2.4% (vs Arkansas 2.6%)

Sources: BLS QCEW 2023 · BLS Occupational Employment and Wage Statistics (OES) · Census ACS 5-Year 2023  ·  Refreshed 2026-04-12

Industry Sectors

Major industries by establishment count from Census County Business Patterns (2022). Sectors are NAICS-coded; counts are county-wide employer establishments.

Agriculture · Total Farms66
Agriculture · Land In Farms Acres24,073
Agriculture · Avg Farm Size Acres364.70
Agriculture · Top CommoditiesAnimal Totals, Poultry Totals, Crop Totals, Grain, Cattle
Agriculture · Year2022
Business Patterns · Establishments (employer count)780
Business Patterns · Total Employees15,276
Business Patterns · Annual Payroll Thousands724,699
Business Patterns · Year2022

Sources: USDA NASS Census 2022 — county FIPS matched · Census CBP API — county FIPS match

Local Business Mix

Retail and service businesses by category (Census CBP NAICS-coded). Counts cover the surrounding county, not just the town. Reflects the everyday commercial mix residents can access.

Local Businesses · Grocery Stores9
Local Businesses · Convenience Stores3
Local Businesses · Gas Stations24
Local Businesses · General Merchandise12
Local Businesses · Electronics Stores5
Local Businesses · Home Centers3
Local Businesses · Used Car Dealers5
Local Businesses · Beauty Salons4

Sources: Census CBP — NAICS detail codes

Dining Scene

Eating + drinking establishments by NAICS category (Census CBP 2022) — full-service restaurants, fast-food, bars, coffee shops. County-level counts.

Dining Scene · Full Service Restaurants21
Dining Scene · Fast Food28
Dining Scene · Coffee Snacks8

Sources: Census CBP NAICS 722

Banking

FDIC-insured bank branches with addresses. Branch density correlates with population — fewer branches per resident in lower-density areas.

Branches (2)

First Community Bank
CAVE CITY BRANCH · 102 S Main St · 72521
Bank of Cave City
Bank of Cave City · 137 S Main St · 72521

SNAP & Food Access

USDA-authorized SNAP retailers — supermarkets, super stores, convenience stores, and other locations where SNAP benefits can be redeemed. Per-1K density tracks food access.

Sample (5)

HOMETOWN MARKETS
Supermarket · 111 N Main St
DOLLAR GENERAL 4309
Other · 333 N Main St
Casey's 3879
Convenience Store · 119 S Main St
Taylor's Custom Butcher Shop
Other · 908 Highway 167
Family Dollar 12964
Other · 634 N Main St
Nearest Snap · NameHOMETOWN MARKETS
Nearest Snap · Total In Area6

Sources: USDA SNAP API — state+city name match

Chamber of Commerce

IRS-registered chamber of commerce organizations matched to this town. Reflects the IRS Exempt Organizations BMF; some chambers operate informally and may not appear here.

Chamber Of Commerce · NameLAVACA AREA CHAMBER OF COMMERCE

Sources: IRS EO BMF  ·  Refreshed 2026-04-12

Spending & Tax

Federal spending flowing to the surrounding county — direct payments, grants, contracts, loans (USAspending.gov).

Federal Spending · Federal Spending Fy2024$239,935,983
Federal Spending · Per Capita6,324.42 (vs Arkansas $6,659)
Federal Spending · Population37,938 people (vs Arkansas 29,177)

Sources: USAspending API

Other

Pct Drove Alone84.6%
Pct Public Transit0.9%
Pct Walked2.0%
Retirement Score · Median age37.0 years (vs Arkansas 35.9y)
Retirement Score · Ss Household Pct36.9%
Retirement Score · Hospitals Nearby1
Retirement Score · Va AccessYes
Retirement Score · Factorsstrong SS base, hospital access, VA nearby
Retirement Score · Ratinggood

Sources: Census ACS 5-Year 2023  ·  Refreshed 2026-04-12