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Cave Springs, AR vs Elko New Market, MN

Cave Springs

Arkansas

vs

Elko New Market

Minnesota

Across 37 directional measures we can compare, Cave Springs leads on 16 and Elko New Market on 21. Counting measures is not an overall verdict: their importance depends on your priorities. Median rent is 1% higher in Cave Springs, while median household income is higher in Elko New Market.

Median gross rent
$2,222$2,200
Cave Springs is 1% higher
Median household income
$146,473$152,150
Cave Springs is 4% lower
Median home value
$460,300$433,100
Cave Springs is 6% higher

The Citytistics read

  • After the median rent, with other prices set to the US average, the median household has about $127,000 a year left in Cave Springs and $121,600 in Elko New Market. Money goes further in Cave Springs, by about $5,400 a year.
  • A household earning Cave Springs's median of $146,473 would need about $157,500 in Elko New Market to keep the same money after rent and local prices.
  • Between the 2020 and 2024 surveys, rent outran pay by 7.0 points a year in Cave Springs, and rent outran pay by 20.8 points a year in Elko New Market.

How these are calculated

MinnesotaArkansasElko New Market, MNCave Springs, ARCave SpringsElko New MarketCave SpringsElko New Market

Which fits you?

Both start on the Citytistics Index (CTX). Move the sliders to weigh what matters to you and the score becomes your own mix.

Your weights

Top 2 of 2 matching places. Places in the top 1% show their national rank.

#PlaceCTXAffordabilityEconomyEducationSafetyCommuteAmenitiesGrowth
01Elko New Market, MNComposite 74.2 / 100
98
789669100343870
02Cave Springs, ARComposite 66.5 / 100
89
70728489781151

CTX is the Citytistics Index: better than that share of the places we rate. It tops out at 99, so the top 1% show their national rank (#1 is best). Change any weight to rank on your own mix. How the CTX is built

Every measure

The dots show where each place sits among the 6,645 places we track. The bar is the median. A small dot after a value marks the better one.

MeasureCave SpringsElko New MarketAmong all places
Cost of living
Median gross rent1$2,222$2,200
Rent to income118.2%17.4%
Property tax rate10.6%1.1%
Home price to income13.1x2.9x
Prices vs US average291.3104.8
Fair market rent, 2 bedrooms3$1,256$1,734
HUD area median income4$106,900$131,500
Housing
Property tax paid (median)1$2,939$4,601
Median home value1$460,300$433,100
Home prices, 1-year change54.7%2.4%
Home prices, 5-year change576.7%34.9%
Homeownership192.5%95.5%
Renters paying 30%+132.7%51.9%
Owner costs with a mortgage1$2,497$2,573
Vacant homes18.8%3.0%
Median year built120122005
Jobs and income
Median household income1$146,473$152,150
Income per person1$55,991$52,477
Unemployment14.8%0.0%
Average annual pay6$91,099$65,996
Pay growth, 1 year611.1%6.2%
Jobs6150,66563,836
Poverty rate17.6%4.6%
Mean commute120 min28 min
Works from home119.1%18.6%
Commutes by transit10.0%0.4%
People
Population16,0085,002
Population change since 2020716.3%9.6%
Median age134.633.7
Bachelor's or higher154.1%42.1%
High school or higher197.6%95.4%
Household size13.23.2
Born abroad112.7%5.3%
No health insurance19.5%3.7%
Homes with broadband194.3%97.2%
Moving
Moved here in the past year16.0%6.0%
Moved from another state13.3%1.1%
Net movers per 1,000 people818.80.0
Income of households moving in8$79,115$80,971
Income of households moving out8$76,886$81,928
Local life
Restaurants and bars per 10k917.915.1
Shops per 10k926.820.6
Arts, recreation and fitness per 10k93.65.2
Doctors' offices and clinics per 10k919.613.1
Child care centers per 10k92.12.8
Parks per 10k103.310.0
Playgrounds per 10k105.018.0
Grocery stores per 10k100.00.0
Restaurants, cafes and bars per 10k103.38.0
Libraries per 10k100.04.0
Named paths and bike trails100.10.4
Transit stops per sq mi100.00.0
Nearest National Park Service site1116.526.3
National Park Service sites within 60 miles1121
National Register listings12121
Safety
Violent crime per 100k13770
Property crime per 100k1321619
Schools
Public schools14861
Public school students1456,973527
Students per teacher1414.913.9
Climate
July average high1590°F82°F
January average low1526°F7°F
Average temperature1558°F45°F
Annual precipitation1547.4 in32.9 in
Hazards and air
Natural hazard risk1688.776.6
Hurricane risk1652.4n/a
Tornado risk1679.589.0
Wildfire risk1692.852.0
Heat wave risk1694.781.2
Median air quality index174038
Good air days1783.3%72.9%

Data bundle checked 2026-11-14; individual source vintages vary. Rent needed at the 30% line: Cave Springs $88,880, Elko New Market $88,000 a year.

Sources and methods

The small numbers beside each measure point here. Links go to the publisher.

  1. American Community Survey 5-year estimates · US Census Bureau · 2020 to 2024 estimatesTables B01002, B01003, B05002, B07003, B08013, B08301, B15003, B17001, B19013, B19301, B23025, B25002, B25003, B25010, B25035, B25064, B25070, B25077, B25088, B25103, B28002, S2701
  2. Regional Price Parities · US Bureau of Economic Analysis · Latest release, retrieved 2026-11-14
  3. Fair Market Rents · US Department of Housing and Urban Development · Fiscal year 2027
  4. Income Limits · US Department of Housing and Urban Development · Fiscal year 2026
  5. House Price Index · Federal Housing Finance Agency · Latest release, retrieved 2026-11-14
  6. Quarterly Census of Employment and Wages · US Bureau of Labor Statistics · 2025 annual averages
  7. Population Estimates · US Census Bureau · Vintage 2025
  8. SOI Tax Stats, county-to-county migration · Internal Revenue Service · Tax years 2022 to 2023Counts tax returns and the people on them; flows under 20 returns are suppressed.
  9. County Business Patterns · US Census Bureau · 2023 data
  10. OpenStreetMap · © OpenStreetMap contributors, available under the Open Database License (ODbL) · Map data as of 2026-11
  11. National Park Service sites · Wikidata (CC0), units operated by the National Park Service · Retrieved 2026-11
  12. National Register of Historic Places · National Park Service · Listings through 2026-05-22
  13. Crime Data Explorer · Federal Bureau of Investigation · 2025 data
  14. Common Core of Data · National Center for Education Statistics · 2024 release
  15. 1991-2020 climate normals · NOAA National Centers for Environmental Information · Series updated 2026-11-05Averages for 1991 to 2020 computed from NOAA's county climate series (nClimDiv).nClimDiv county series
  16. National Risk Index · Federal Emergency Management Agency · Latest release, retrieved 2026-11-14NRI data and maps
  17. Air Quality System, annual AQI by county · US Environmental Protection Agency · 2025 dataAirData download files

Derived by Citytistics from the tables above: rent to income (B25064, B19013); property tax rate (B25103, B25077); home price to income (B25077, B19013).

Survey figures are estimates with margins of error. Formulas and definitions: methodology.

Keep comparing

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