Living in Cove, Arkansas

Cost of living, income, home prices, rent and demographics of Cove · Census data 2020–2024

Cove has 462 residents with a median age of 36.5. The median household income is $39,688 (35% lower than the Arkansas median), the median home value is $75,000, the median rent is $574/month.

Cove is a small town, so Census survey estimates have wide margins of error. Treat percentages as approximate.

Cove at a glance

Population
462
Median age
36.5State: 38.5
Median household income
$39,688State: $60,773
Median home value
$75,000State: $188,000
Median rent
$574/moState: $947
Homeowners
63.9%
Bachelor's degree or higher
9.1%
Average commute
42 min

Is Cove a good place to live?

Pros: Home values 60% lower than the state median.

Cons: Median household income 35% lower than the Arkansas median; an average commute of 42 minutes; unemployment of 8.2%; a poverty rate of 22.3%.

The weather is best in April–May and September–October.

Cost of living in Cove

Housing is the biggest part of the cost of living. In Cove the median home value is $75,000, 77% lower than the U.S. median. Renters pay a median of $574 per month, which is 13.8% of household income. Homeowners with a mortgage pay $1,034 a month in housing costs.

Median home value

Cove$75,000
Arkansas$188,000
United States$332,700

Median monthly rent

Cove$574
Arkansas$947
United States$1,413

Cove median household income

The median household income in Cove is $39,688 and the income per person is $19,577. 22.3% of residents live below the poverty line (Arkansas: 16%).

Median household income

Cove$39,688
Arkansas$60,773
United States$80,734

Housing in Cove: homes for sale and rent

Housing units
223
Owner-occupied
63.9%
Renter-occupied
36.1%
Vacant
24.2%Includes seasonal homes
Median year built
1977
Average household size
2.73

Cove demographics

Population
462
Median age
36.5
Under 18
21.9%
65 and older
13.4%
Households
169
Foreign-born
0.4%
Veterans
6.1%Adults 18+

Race and ethnicity

White93.1%
Hispanic or Latino2.2%
Black0%
Asian0%

Hispanic or Latino can be of any race. Population history of Cove ›

Education in Cove

9.1% of adults 25 and older in Cove have a bachelor's degree or higher (Arkansas: 25.7%), and 3% have a graduate or professional degree.

Bachelor's degree or higher

Cove9.1%
Arkansas25.7%
United States35.7%

Jobs and commute in Cove

Unemployment rate
8.2%State: 4.9%
Average commute
42 minState: 23 min
Work from home
1.3%
Drive alone
83.8%
Public transit
0%
Walk to work
0%
Homes with broadband
72.2%

Cove vs nearby towns

TownPopulationMedian incomeHome valueRent
Cove462$39,688$75,000$574
Hatfield544$38,863$112,500$721
Vandervoort202$78,839$110,000—
Wickes694$27,411$45,000$625
Mena5,582$47,428$132,900$639
Grannis691$75,132$94,700$571
Acorn203$93,811$299,200—
Gillham147$55,833$93,000$563
Hochatown298$118,929$330,600—

More for people moving to Cove

Cove ZIP code ›Weather and climate ›

Living in Cove: FAQ

What is the median household income in Cove, AR?

The median household income in Cove is $39,688, 35% lower than the Arkansas median of $60,773 (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).

What is the average home price in Cove?

The median home value in Cove is $75,000, compared with $188,000 in Arkansas.

How much is rent in Cove?

The median gross rent in Cove is $574 per month, about 13.8% of household income.

Is Cove, AR a good place to live?

Pluses: home values 60% lower than the state median. Minuses: median household income 35% lower than the Arkansas median; an average commute of 42 minutes; unemployment of 8.2%; a poverty rate of 22.3%.

What is the median age in Cove?

The median age in Cove is 36.5 years (Arkansas: 38.5).

How long is the commute in Cove?

The average commute to work in Cove is 42 minutes; 1.3% of workers work from home.

What is the unemployment rate in Cove?

The unemployment rate in Cove is 8.2% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).

How educated is Cove?

9.1% of adults in Cove have a bachelor's degree or higher.

Source: U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024 (margins of error apply, especially in small towns). Figures are in 2024 dollars.

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