Income & Economy in Cove city, OR (97824)
Median Income
$74,271
*Adjusted for inflation (2023 dollars)
IRS Net Migration
+98
Wealth inflow
Population
1,923
Unemployment
11.0%
7.3pp above US avg
IRS migration statistics show a net inflow of about 98 for ZIP 97824 (Cove city, OR) 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.
Historical Trends in 97824 (2020–Present)
Since 2020, population grew 3.8%, median income rose 1.2% (inflation-adjusted), home values increased 3.9%.
Economy & Jobs key statistics
| Income & Jobs | |
|---|---|
| Median household income | $74,271 |
| Unemployment | 11.0% |
| Establishments | 27 |
| Employees | 108 |