Cove City town, NC

ZIP 28523 — Economy & Jobs

Source: U.S. Census Bureau ACS 2019–2023 5-Year Estimates. Page data updated 2026-08-02.

Working ClassLow Snow Area

Income, employment, industries, and economic trends

Income & Economy in Cove City town, NC (28523)

Median Income

$45,283

*Adjusted for inflation (2023 dollars)

IRS Net Migration

+113

Wealth inflow

Population

2,710

Unemployment

2.4%

1.3pp below US avg

IRS migration statistics show a net inflow of about 113 for ZIP 28523 (Cove City town, NC) on US5’s published series — a signal of people/tax filers moving in relative to those leaving. Inflows often track job growth, housing demand, or lifestyle migration; treat the figure as a directional indicator rather than a precise headcount.

Economic Indicators

Unemployment

2.4%-36% vs US avg

Self-Employed

3.5%-43% vs US avg

SNAP Benefits

18.2%+56% vs US avg

Establishments

140

Employees

~7 per establishment — small businesses dominate

Manufacturing

Top Industry

Economic Distributions

Census ACS 5-Year (P0): occupation, industry, household income brackets.

Occupation

Industry

Agriculture, forestry, mining0.7%
Construction6.2%
Manufacturing21.3%
Wholesale trade4.7%
Retail trade12.0%
Transportation, utilities0.2%
Finance, insurance, real estate5.7%
Professional, scientific, management10.4%
Education, health care, social18.7%
Arts, entertainment, food services7.4%
Other services7.2%
Public administration5.7%

Household Income

Historical Trends in 28523 (2020–Present)

Since 2020, population grew 1.4%, median income fell 29.7% (inflation-adjusted), home values increased 10.4%.

Median Income

$45,283

-40% vs US avg

Unemployment Rate