In December 1918, by the decision of the administration of the Dnipro povit (uyezd), Kakhovka was declared a city.

"[3] During World War II, Kakhovka was captured by the Wehrmacht on August 30, 1941, as part of Operation Barbarossa.

The leader of industrial production is the Kakhovka Electric Welding Equipment Plant, a joint-stock company.

The Kakhovka branch of Cargill is one of Ukraine's largest sunflower oil processing plants.

In 2008-2009, Mykolaiv-based Sudnoservice built a powerful grain and oilseed storage facility in the city.

Small and medium-sized businesses are developing dynamically, exploring the market space and creating jobs for the city's population.

Such enterprises as Petroplast, Metaldizayn, Stav, Paritet, Tornadoplast, Globart, May, Khimtekhnologiya, and OPENTEK are consistently supplying the market with products, increasing their output and expanding their product range, the latter of which was destroyed by Russian bombardment on 18 October 2023.

There are 7 general secondary education institutions in the city (including two specialised ones with in-depth study of foreign languages) with almost 4,000 students.

The out-of-school education system is represented by the Young Technicians' Station, the Young Naturalists' Station, the Children's Creativity Centre, the Children's and Youth Sports School and the Interschool Training and Production Complex.

The 1935 film Three Friends (Три товарища) included the song "Kakhovka" (words by Mikhail Svetlov and music by Isaak Dunayevsky), which became very well known, especially the refrain "Мы мирные люди, но наш бронепоезд/ Стоит на запасном пути" ("We are peaceful people, but our armored train/ Stands [ready] on the siding").

[9] The Tavria Games are a popular open air music festival that take place in the town each year.