F

Cove City, NC

Source:

Affordability Score: 38/100

Population: 2,456 · 1 ZIP codes

The affordability dashboard for Cove City, NC aggregates Census ACS 5-Year Estimates across 1 ZIP code covering 2,456 residents, then layers in county-level federal data to produce an overall grade of F (38/100). The headline inputs are median household income of $45,452, median home value of $158,600, median rent of $850 per month, and 23.1% of adults holding a bachelor's degree or higher. These four metrics alone explain most of the variance between city dashboards.

Cross-agency feeds widen the picture beyond Census demographics. HUD publishes a Fair Market Rent for a 2-bedroom in this county at $1,184 per month (studio $897, 1BR $902, 3BR $1,591, 4BR $1,988). Department of Labor data lists infant center-based childcare at $10,417 per year, consuming 23% of the local median household income.

Reading the overall grade requires reading all seven dimensions together. The score weights Income 20%, Safety 20%, Housing 15%, Rent 15%, Education 10%, Commute 10%, and Childcare 10%, with each sub-score benchmarked against national percentiles rather than state averages — so the grade is genuinely comparable across any city in the country. Pressure points are income, education, childcare. Unemployment currently reads 2.4% and poverty 7.3% — numbers worth keeping alongside the headline grade.

Score Breakdown

Income F
$45,452
Median household income
Education F
23.1%
Bachelor's degree or higher
Housing C-
3.5x
Home value $158,600 vs income
Commute N/A
N/A
Average commute time
Rent D
$1,184/mo
2BR fair market rent (31% of income)
Safety N/A
N/A
Violent crime rate (county)
Childcare F
$10,417/yr
Center-based infant care (23% of income)

Income & Employment

Median Income
$45,452
▼ 27% vs national
Per Capita Income
$34,822
Unemployment Rate
2.4%
Poverty Rate
7.3%

Housing

Median Home Value
$158,600
▼ 42% vs national
Median Rent
$850/mo
Owner Occupied
66.2%
2BR Fair Market Rent
$1,184/mo
▼ 1% vs national

Fair Market Rents by Bedroom

Studio
$897
1BR
$902
2BR
$1,184
3BR
$1,591
4BR
$1,988

Safety

Violent Crime Rate
Data Source
FBI UCR (county-level)

Education & Family

Bachelor's Degree+
23.1%
▼ 7 ppt vs national
High School+
63.3%
Median Age
36.0
Avg. Commute

Childcare Costs

Infant (Center)
$10,417/yr
23% of income
Toddler (Center)
$8,663/yr
Preschool (Center)
$7,643/yr
School-Age (Center)
$4,141/yr

What This Means

Cove City, NC receives an overall affordability grade of F (38/100), aggregated from 1 ZIP codes with a total population of 2,456. Challenges include income and education and childcare. Data was unavailable for commute, safety — these dimensions were excluded from the overall score.

Nearby City Dashboards

Explore Cove City ZIP Codes
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What are common questions about this dashboard?

Is Cove City, NC affordable?
Cove City, NC receives an overall affordability grade of F (38/100) based on Census, HUD, FBI, and DOL data. Median household income is $45,452. Median home value is $158,600.
What is the cost of living in Cove City?
Key cost metrics: Median rent $850/mo. 2BR fair market rent $1,184/mo. Infant childcare $10,417/yr. Median home value $158,600.
How is the affordability score calculated?
The score evaluates 7 dimensions weighted by importance: Income (20%), Safety (20%), Housing (15%), Rent (15%), Education (10%), Commute (10%), and Childcare (10%). Each metric is compared against national percentile benchmarks from Census, HUD, FBI, and DOL data.

Data as of 2024. Source: U.S. Census Bureau ACS 5-Year Estimates. Source: HUD Fair Market Rents. Source: FBI Uniform Crime Report. Source: DOL National Database of Childcare Prices. Verify with HUD →