Cove, AR
Population 359 · Arkansas
About Cove, AR
Cove is a small community located in Arkansas with a population of 359 residents according to the latest US Census Bureau American Community Survey data. The median household income is $26,172 per year, which is 65% below the national median of $75,149. The median age of 42.1 years is notably older the US median age of 38.9 years, suggesting a more established community with a higher proportion of long-term residents.
Housing Market Overview
The housing market in Cove features a median home value of $80,000, which is 67% below the national median of $244,900. This makes Cove one of the more affordable markets in the country, potentially attractive for first-time homebuyers. Median monthly rent is $574, 51% below the national average of $1,163/month. Of the 201 total housing units, 61% are owner-occupied (88 units) and 39% are renter-occupied (57 units). The balanced mix of owners and renters indicates a diverse housing market.
Economy & Employment
The local economy in Cove shows an unemployment rate of 12.1%, which is significantly above the national rate of 3.7%, suggesting economic challenges in the area. The poverty rate stands at 36.2%, above the national average of 12.4%. Workers in Cove have an average one-way commute time of 53.3 minutes, suggesting many residents commute to jobs in a nearby metro area.
Education & Demographics
10.7% of Cove residents aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. The lower educational attainment rate may reflect the area's industry mix, with more employment in trades, manufacturing, or agricultural sectors. The community's demographic composition includes 0.0% White, 9.5% Hispanic or Latino, 0.0% Black or African American, and 2.2% Asian residents, with 0.6% of the population being foreign-born.
Cost of Living in Cove, AR
Compared to national averages, Cove has a median household income of $26,172 (65% below the national median of $75,149). Home values average $80,000, which is 67% below the national median. Monthly rent at $574 is 51% below the US average of $1,163. Within Arkansas, Cove's income is 50% below the state average of $52,241, and home values are 36% below the state median of $125,457.
Why Live in Cove, AR?
Cove offers affordable housing with a median home value of $80,000, below the US average of $244,900, and rent that’s lower than the national average at $574/month.
Potential considerations include median household income ($26,172) that falls below the national average. However, Cove’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Cove has a population of 359 with a median age of 42.1 years. Compare Cove with other cities to see how it stacks up, or explore all cities in Arkansas.
Similar Cities Near Cove
Cities in Arkansas with a similar population size.
Demographics
Racial & Ethnic Composition
Economy & Education
Housing
Other Cities in Arkansas
Data source: US Census Bureau ACS 5-Year Estimates. Last updated: 2026-04-05.
Compare Cove With Other Cities
Frequently Asked Questions about Cove
What is the population of Cove, AR?
The population of Cove, AR is 359 according to the latest US Census Bureau American Community Survey estimates. This makes it a small community in Arkansas.
What is the median household income in Cove?
The median household income in Cove, AR is $26,172 per year, which is 65% below the national median of $75,149.
What is the median home value in Cove?
The median home value in Cove, AR is $80,000, which is 67% below the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Cove?
The median monthly rent in Cove, AR is $574, which is 51% below the national average of $1,163/month.
What is the unemployment rate in Cove?
The unemployment rate in Cove, AR is 12.1%, compared to the national average of 3.7%. Job seekers may want to research the dominant industries in the area.
Is Cove, AR a good place to live?
Cove offers a moderate cost of living, affordable housing, and growing employment opportunities. With a population of 359 and a median age of 42.1, the city appeals to a broad range of residents.
How educated is Cove, AR?
10.7% of residents in Cove aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. The educational profile reflects the area's industry mix and employment landscape.
What is the cost of living in Cove?
Key cost-of-living indicators for Cove, AR: median home value is $80,000 (67% below national), median rent is $574/month, and median household income is $26,172. The home-value-to-income ratio is 3.1x, indicating relatively affordable housing relative to local incomes.
What is the poverty rate in Cove?
The poverty rate in Cove, AR is 36.2%, compared to the national average of 12.4%. Residents and prospective movers should be aware of the economic challenges facing parts of this community.
How diverse is Cove, AR?
Cove's population is 0.0% White, 9.5% Hispanic or Latino, 0.0% Black or African American, 2.2% Asian, and 0.0% two or more races. 0.6% of residents are foreign-born.