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Cove City, North Carolina

Last updated: 2024 BLS data · Page refreshed:

City Profile — Demographics, Income, Education & Housing
Data: U.S. Census Bureau, American Community Survey 2024 5-Year Estimates
504
Population
$41,522
Median Income
$81,700
Home Value
58.0
Median Age

Demographics

Cove City has a population of 504 with a median age of 58.0. Here is the racial and ethnic breakdown of the population:

White
66.7%
Black
21.4%
Hispanic
8.9%
Other
3.0%
Demographic Value
Total Population504
Median Age58.0
White66.7%
Black or African American21.4%
Hispanic or Latino8.9%
Other / Two or More Races3.0%
Cove City, North Carolina — racial composition (Census ACS 2024)Donut chart of 4 segments totaling 100.White: 66.7%Black: 21.4%Hispanic/Latino: 8.9%Other: 3.0%504PopulationWhiteWhite66.7%BlackBlack21.4%Hispanic/LatinoHispanic/Latino8.9%OtherOther3.0%

Income & Economy

The median household income in Cove City is $41,522, which is 48.5% below the national median of $80,610. The per capita income is $26,505. The poverty rate is 11.8%.

$41,522
Median Household Income
$26,505
Per Capita Income
11.8%
Poverty Rate

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Education

In Cove City, 90.1% of residents age 25+ have a high school diploma or higher, and 29.0% hold a bachelor's degree or higher (13.5% with a graduate or professional degree).

HS Diploma+
90.1%
Bachelor's+
29.0%
Graduate+
13.5%
Education Level % of Adults (25+)
High School Diploma or Higher90.1%
Bachelor's Degree or Higher29.0%
Graduate or Professional Degree13.5%

Housing

The median home value in Cove City is $81,700, below the national median of $303,400. The median monthly rent is $1,016. The homeownership rate is 65.3%.

$81,700
Median Home Value
$1,016/mo
Median Rent
65.3%
Homeownership Rate
Housing Metric Value
Median Home Value$81,700
Median Monthly Rent$1,016
Homeownership Rate65.3%
Vacancy Rate3.8%

Salaries in North Carolina

Explore salary data for popular occupations in North Carolina:

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Other Cities in North Carolina

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Frequently Asked Questions

What is the population of Cove City, North Carolina?
The population of Cove City, North Carolina is 504 according to U.S. Census Bureau ACS 2024 5-Year Estimates.
What is the median household income in Cove City, North Carolina?
The median household income in Cove City, North Carolina is $41,522. This is 48.5% below the national median of $80,610.
What is the median home value in Cove City, North Carolina?
The median home value in Cove City, North Carolina is $81,700. The median monthly rent is $1,016.
What percentage of people in Cove City have a college degree?
In Cove City, North Carolina, 29.0% of adults age 25 and older hold a bachelor's degree or higher, and 90.1% have a high school diploma or higher.
Is Cove City, North Carolina an affordable place to live?
The home price-to-income ratio in Cove City, North Carolina is 2.0x (median home value $81,700 vs. median income $41,522), making it relatively affordable by that measure. A ratio under 4.0 is generally considered affordable.

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