Cove Creek, NC Profile: Facts & Data

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Cove Creek, North Carolina - Basic Facts

The Cove Creek had a population of 1,072 as of July 1, 2023. Cove Creek ranks in the lower quartile for Population Density and Diversity Index when compared to the other cities, towns and Census Designated Places (CDPs) in North Carolina. See peer rankings below.

The primary coordinate point for Cove Creek is located at latitude 35.6065 and longitude -83.0113 in Haywood County. The formal boundaries for the Cove Creek encompass a land area of 8.51 sq. miles and a water area of 0 sq. miles. Haywood County is in the Eastern time zone (GMT -5).

The Cove Creek has a U6 Census Class Code which indicates a populated place that is not a census designated or incorporated place having an official federally recognized name. It also has a Functional Status Code of "S" which identifies a statistical entity.

The Cove Creek is located within Township of Jonathan Creek, a minor civil division (MCD) of Haywood County.


Jump to... (On This Page!)
  1. Cove Creek 2023 Demographic Data
  2. Growth Rates for Cove Creek (Historical & 5-Year Forecast)
  3. Peer Comparisons (Rank and Percentile)
  1. Neighborhoods Demographics (Home Values, Household Income, etc.)
  2. North Carolina Research Tools (Easy Tools & Current Data)
  3. North Carolina Data Comparison Tool - 2023 Demographics
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Cove Creek, NC Data & Demographics (As of July 1, 2023)

POPULATION

Total Population 1,072 (100%)
Population in Households 1,072 (100.0%)
Population in Families 864 (80.6%)
Population in Group Quarters1 0
Population Density 126
Diversity Index2 21
 
 

INCOME

Median Household Income $46,500
Average Household Income $73,740
% of Income for Mortgage4 32%
Per Capita Income $32,192
Wealth Index5 55
Socioeconomic Status Index6 Moderate (55.7)
 

HOUSING

Total HU (Housing Units) 581 (100%)
Owner Occupied HU 375 (64.5%)
Renter Occupied HU 93 (16.0%)
Vacant Housing Units 113 (19.4%)
Median Home Value $247,807
Average Home Value $350,933
Housing Affordability Index3 82
 

HOUSEHOLDS

Total Households 468
Average Household Size 2.29
Family Households 314
Average Family Size 3.00
NOTES
  1. Group Quarters - a place where people live or stay in a group living arrangement. Includes college residents halls, nursing facilities, military barracks, and correctional facilities.
  2. The Diversity Index is a scale of 0 to 100 that represents the likelihood that two persons, chosen at random from the same area, belong to different races or ethnic groups. If an area's entire population belongs to one race AND one ethnic group, then the area has zero diversity. An area's diversity index increases to 100 when the population is evenly divided into two or more race/ethnic groups.
  3. The Housing Affordability Index base is 100 and represents a balance point where a resident with a median household income can normally qualify to purchase a median price home. Values above 100 indicate increased affordability, while values below 100 indicate decreased affordability.
  4. The % of Income for Mortgage quantifies the percentage of median household income dedicated to mortgage payments on a home priced at the median value (assuming a 30-year mortgage and a 20% down payment).
  5. The Wealth Index is based on a number of indicators of affluence including average household income and average net worth, but it also includes the value of material possessions and resources. It represents the wealth of the area relative to the national level. Values above or below 100 represent above-average wealth or below-average wealth compared to the national level.
  6. The Socioeconomic Index ranges from zero (lowest relative status) to 100 (highest relative status). This measure quantifies disparities in social position of an area's inhabitants and is built from a broad range of demographic, housing, and socioeconomic inputs. More information on this measure can be found in Esri's SEI tutorial.

GROWTH RATE / YEAR

2020-2023 2023-2028
Population 0.12% -0.39%
Households -0.26% -0.09%
Families   -0.51%
Median Household Income   3.70%
Per Capita Income   3.92%
Owner Occupied HU   0.63%

Cove Creek, NC - Peer Comparisons by Rank and Percentile

The table below compares Cove Creek to the other 776 incorporated cities, towns and CDPs in North Carolina by rank and percentile using July 1, 2023 data. The location Ranked # 1 has the highest value. A location that ranks higher than 75% of its peers would be in the 75th percentile of the peer group.

Variable Description Rank Percentile
Total Population # 437 44th
Population Density # 711 9th
Median Household Income # 514 34th
Housing Affordability Index # 155 20th
Per Capita Income # 335 57th
Diversity Index # 731 6th

Additional comparisons and rankings can be made with a VERY EASY TO USE North Carolina Census Data Comparison Tool.

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