North Carolina · Census place 15020
Cove City town, NC
Quick answer
Cove City town has 583 residents, ranking #560 of 777 places in North Carolina. Median household income is $50,893, the median home is worth $78,800 and median gross rent runs $916 a month.
- Population
- 583Cove City town residents
- Median household income
- $50,893Past 12 months, inflation adjusted
- Median home value
- $78,800Owner-occupied units
- Median gross rent
- $916Rent plus utilities, monthly
- Median age
- 55.8 yrsAll residents
- Homeownership rate
- 66.8%Owner-occupied households
What the numbers mean in Cove City town
Housing cost measured against local earnings.
A household earning the Cove City town median would spend about 21.6% of gross income on the median rent. The 30% mark is the federal threshold for cost burden, so anything above it signals a stretched rental market. The median home costs 1.5× the median household income; nationally that ratio sits near 4.5×. Poverty affects 8.7% of residents and 66.8% of households own their home.
Source: US Census Bureau, ACS 2019-2023 5-year estimates · rates as published for 2019-2023 ACS 5-year
Compare with nearby places
Places of similar size in North Carolina.
- Whitsett town 592
- Roper town 586
- Lawndale town 585
- St. Helena village 580
- Ansonville town 578
- Newton Grove town 574
- Woodland town 569
Keep going
More North Carolina coverage.