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Cove City town, North Carolina Demographics & Population 2026

Very AffordableHome value to income ratio of 1.5x is exceptionally low

As of 2026, Cove City town, North Carolina has a total population of 583, the 560th largest city in North Carolina, with a median household income of $50,893, which is 27% lower than the state average. The poverty rate is 8.7%.

Key Takeaways

Cove City town Quick Facts

Population 583
Median Household Income $50,893
Median Home Value $78,800
Poverty Rate 8.7%
Unemployment Rate 0.0%
Median Age 55.8 years
Homeownership Rate 66.8%
Affordability Ratio 1.5x
Bachelor's Degree or Higher 26.1%
High School Graduation Rate 88.0%
Diversity Index 54/100
Population 583 560th of 774
Median Income $50,893 below average
Poverty Rate 8.7% 30% lower national
Median Home Value $78,800 bottom 10%

How Cove City town Compares

Economy & Housing

Employment

0.0% Unemployment Rate State: 4.8% | National: 5.2%
44.7% Labor Force Participation

Housing Overview

Owner 66.8%
Renter 33.2%
Affordability Index Very Affordable
1.5x home value to income ratio

People & Demographics

Diversity Index

54out of 100
Moderate Diversity

Moderate diversity with one or two groups making up the majority.

State average: 57 | National average: 60

Education

Cove City town Rankings in North Carolina

#560 Population of 774
#460 Median Income of 774
#283 Education of 774
#693 Home Value of 774

Cities Similar to Cove City town

These cities in the same state have comparable population and economic profiles.

CityPopulationMedian IncomeHome ValueBachelor's+Poverty
High Shoals city565$50,893$145,70014.5%22.5%
Fallston town602$49,250$86,80023.3%32.4%
Potters Hill CDP548N/A$93,30015.4%0.0%
Cliffside CDP630N/AN/A24.0%4.9%
Riegelwood CDP539N/A$181,8003.3%9.8%

Population Overview

Cove City town is a small community located in North Carolina. The total population is 583. It ranks as the 560th most populous out of 774 cities and towns in North Carolina.

Age Demographics

The median age in Cove City town is 55.8 years. This is 43% higher than the state median of 39.1 years. 17.7% of residents are 75 or older, suggesting a significant retirement-age population with implications for healthcare services and senior housing.

Economy, Income & Housing

The median household income in Cove City town is $50,893. This is 27% lower than the state median of $69,904. Compared to the national median of $78,538, household income here is 35% lower. The poverty rate stands at 8.7%. This is 34% lower than the state poverty rate of 13.2%. The unemployment rate is 0.0%. This is 100% lower than the state rate of 4.8%. The median home value is $78,800. Housing costs are 70% lower than the state median of $259,400. With a home-value-to-income ratio of just 1.5x, Cove City town is one of the most affordable housing markets in the area. 66.8% of occupied housing units are owner-occupied.

Race & Ethnicity

The largest racial or ethnic group in Cove City town is White (non-Hispanic), making up 61.1% of the population. Black or African American residents account for 28.0%.

Education

26.1% of residents aged 25 and older hold a bachelor's degree or higher. This is 25% lower than the state rate of 34.7%. Nationally, 35.0% of adults hold at least a bachelor's degree. The high school graduation rate (or equivalent) is 88.0%.

Data Sources & Methodology

All demographic data for Cove City town, North Carolina is sourced from the U.S. Census Bureau's American Community Survey (ACS) 5-Year Estimates (2019-2023). The ACS collects data from approximately 3.5 million households annually, providing reliable estimates for communities of all sizes. Comparisons are made against North Carolina state averages and national averages calculated from the same dataset. Rankings reflect the city's position among all 774 Census-designated places in North Carolina. For official data, visit data.census.gov.

Free data download: Get all North Carolina city and county demographics as CSV. Download Cities CSV | Download Counties CSV

Frequently Asked Questions

What is the population of Cove City town, North Carolina?

Cove City town, North Carolina has a population of 583 according to the most recent U.S. Census ACS 5-Year Estimates.

What is the median household income in Cove City town, NC?

The median household income in Cove City town is $50,893, which is 35% lower the national median of $78,538.

What is the poverty rate in Cove City town, NC?

The poverty rate in Cove City town is 8.7%. This means approximately 50 residents live below the federal poverty line.

What is the racial makeup of Cove City town, North Carolina?

Cove City town's population is 61.1% White, 28.0% Black, 7.7% Hispanic/Latino, and 0.0% Asian.

What is the median home value in Cove City town, NC?

The median home value in Cove City town is $78,800. The home-value-to-income ratio is 1.5x.

How educated is Cove City town, North Carolina?

26.1% of adults (25+) in Cove City town hold a bachelor's degree or higher, and 11.1% hold a graduate or professional degree.