Cove City, NC is a small town located in Eastern North Carolina. It offers a peaceful atmosphere with access to nearby metropolitan areas such as New Bern and Greenville. The cost of living is lower than the national average, with an average 2 bedroom rent price of $910 compared to the US average of $1,430. Grocery costs are also comparatively cheaper, with an index score of 95 versus 100 in the US. A few notable local businesses in Cove City include Blackbeard's Seafood House, which offers fresh seafood dishes; Bullard’s Pharmacy, a family-owned pharmacy that provides healthcare services; and Isabella’s Mexican Cuisine & Grill, specializing in authentic Mexican cuisine.
Cove City has an unemployment rate of 4.5%. The US average is 6.0%.
Cove City has seen the job market increase by 0.4% over the last year. Future job growth over the next ten years is predicted to be 29.8%, which is lower than the US average of 33.5%.
Tax Rates for Cove City
- The Sales Tax Rate for Cove City is 6.8%. The US average is 7.3%.
- The Income Tax Rate for Cove City is 5.5%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.
Income and Salaries for Cove City
- The average income of a Cove City resident is $19,975 a year. The US average is $28,555 a year.
- The Median household income of a Cove City resident is $49,167 a year. The US average is $69,021 a year.