Cove Creek, NC
Population 1,533 · North Carolina
About Cove Creek, NC
Cove Creek is a small town located in North Carolina with a population of 1,533 residents according to the latest US Census Bureau American Community Survey data. The median household income is $53,898 per year, which is 28% below the national median of $75,149. The median age of 50.2 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 Creek features a median home value of $247,700, which is 1% above the national median of $244,900. This positions Cove Creek in a moderately priced market relative to the rest of the country. Median monthly rent is $931, 20% below the national average of $1,163/month. Of the 823 total housing units, 88% are owner-occupied (589 units) and 12% are renter-occupied (78 units). The high homeownership rate suggests a stable, established residential community.
Economy & Employment
The local economy in Cove Creek shows an unemployment rate of 1.0%, which is lower than the national rate of 3.7%, indicating a relatively strong job market. The poverty rate stands at 14.1%, above the national average of 12.4%. Workers in Cove Creek have an average one-way commute time of 28.4 minutes.
Education & Demographics
34.7% of Cove Creek residents aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. This is in line with national trends in educational attainment. The community's demographic composition includes 11.2% White, 0.7% Hispanic or Latino, 0.0% Black or African American, and 1.8% Asian residents, with 8.9% of the population being foreign-born.
How Cove Creek Ranks in North Carolina
Cost of Living in Cove Creek, NC
Compared to national averages, Cove Creek has a median household income of $53,898 (28% below the national median of $75,149). Home values average $247,700, which is 1% above the national median. Monthly rent at $931 is 20% below the US average of $1,163. Within North Carolina, Cove Creek's income is 16% below the state average of $64,468, and home values are 8% above the state median of $228,922.
Why Live in Cove Creek, NC?
Cove Creek offers rent that’s lower than the national average at $931/month, and a strong job market with an unemployment rate of just 1.0%, and a well-educated community where 34.7% of residents hold a bachelor’s degree or higher.
Potential considerations include median household income ($53,898) that falls below the national average. However, Cove Creek’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Cove Creek has a population of 1,533 with a median age of 50.2 years. Compare Cove Creek with other cities to see how it stacks up, or explore all cities in North Carolina.
Similar Cities Near Cove Creek
Cities in North Carolina with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Biltmore Forest | 1,536 | $172,500 | $1,249,000 | Compare |
| Bethel | 1,528 | $51,489 | $114,000 | Compare |
| Princeton | 1,543 | $36,656 | $165,800 | Compare |
| Advance | 1,544 | $109,402 | $358,500 | Compare |
| Clyde | 1,522 | $59,315 | $194,600 | Compare |
| Weldon | 1,522 | $38,725 | $96,000 | Compare |
| Dobson | 1,521 | $44,531 | $168,300 | Compare |
| Stanfield | 1,554 | $81,375 | $302,400 | Compare |
Demographics
Racial & Ethnic Composition
Economy & Education
Housing
Other Cities in North Carolina
Data source: US Census Bureau ACS 5-Year Estimates. Last updated: 2026-04-05.
Compare Cove Creek With Other Cities
Frequently Asked Questions about Cove Creek
What is the population of Cove Creek, NC?
The population of Cove Creek, NC is 1,533 according to the latest US Census Bureau American Community Survey estimates. This makes it a small town in North Carolina.
What is the median household income in Cove Creek?
The median household income in Cove Creek, NC is $53,898 per year, which is 28% below the national median of $75,149.
What is the median home value in Cove Creek?
The median home value in Cove Creek, NC is $247,700, which is 1% above the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Cove Creek?
The median monthly rent in Cove Creek, NC is $931, which is 20% below the national average of $1,163/month.
What is the unemployment rate in Cove Creek?
The unemployment rate in Cove Creek, NC is 1.0%, compared to the national average of 3.7%. This lower-than-average rate suggests a relatively healthy local job market.
Is Cove Creek, NC a good place to live?
Cove Creek offers a moderate cost of living, a competitive housing market, and a strong job market. With a population of 1,533 and a median age of 50.2, the city appeals to established professionals and retirees.
How educated is Cove Creek, NC?
34.7% of residents in Cove Creek aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. This above-average educational attainment often reflects a knowledge-based local economy.
What is the cost of living in Cove Creek?
Key cost-of-living indicators for Cove Creek, NC: median home value is $247,700 (1% above national), median rent is $931/month, and median household income is $53,898. The home-value-to-income ratio is 4.6x, a moderate figure by national standards.
What is the poverty rate in Cove Creek?
The poverty rate in Cove Creek, NC is 14.1%, 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 Creek, NC?
Cove Creek's population is 11.2% White, 0.7% Hispanic or Latino, 0.0% Black or African American, 1.8% Asian, and 0.0% two or more races. 8.9% of residents are foreign-born.