Cove City, NC is a great place to live with its low cost of living. Located in Craven County, Cove City is home to numerous local businesses such as The Mill Restaurant, Best Serve Food Store and the local Cinema 8 Theatre. Rent for a two-bedroom apartment here is much lower than the national average – only $890 per month compared to the US average of $1,430. Grocery Cost Index in Cove City is also very economical at just 95 versus 100 in the US. With all these affordable options, it’s easy to see why people love living in Cove City!
Cove City (zip 28523) has an unemployment rate of 4.5%. The US average is 6.0%.
Cove City (zip 28523) 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 (zip 28523)
- The Sales Tax Rate for Cove City (zip 28523) is 6.8%. The US average is 7.3%.
- The Income Tax Rate for Cove City (zip 28523) 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 (zip 28523)
- The average income of a Cove City (zip 28523) resident is $24,281 a year. The US average is $28,555 a year.
- The Median household income of a Cove City (zip 28523) resident is $42,014 a year. The US average is $69,021 a year.