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Cove Neck, NY

New York · Metropolitan Area

Cove Neck is a small town in New York with a population of 255. Residents earn $214,107 per year, which is 185% above the national average.

4.0 /5.0
A Great
255 Population 199/sq mi density
$214,107 Median Income $175,246 per capita
$1,781,300 Home Value
$3,156 Median Rent 23.1% income on rent
53°F Avg Temperature 275 sunny days/yr
A
Overall
4.0 / 5.0
Great overall score based on economy, affordability, safety and education
A+
Economy
5.0 / 5.0
$214,107 median income, 1.3% unemployment
D
Affordability
2.0 / 5.0
$1,781,300 home value, $3,156/mo rent
A+
Education
5.0 / 5.0
69.7% bachelor's degree or higher
Median Income $214,107
185% higher than US avg
Home Value $1,781,300
532% higher than US avg
Bachelor's+ 69.7%
107% higher than US avg
Median Rent $3,156
171% higher than US avg
Obesity Rate 26.3%
18% lower than US avg
Unemployment 1.3%
64% lower than US avg
Poverty Rate 5.1%
59% lower than US avg

How Cove Neck Compares to the U.S. Average (100% = U.S. avg)

People

Population255
Median Age53.3 yrs
Density199/mi²
Male / Female57% / 44%
Largest GroupWhite 92%
Veterans6.7%

Economy

A+
Median Income$214,107
Per Capita$175,246
Unemployment1.3%
Poverty5.1%
County GDP$130,222M
Commute35 min

Housing

D
Home Value$1,781,300
Rent$3,156
OwnershipN/A
Housing Units121
Rent Burden23.1%

Health

Obesity26.3%
Uninsured3.5%
Smoking6.4%
Depression16.0%
Heart Disease3.9%

Climate

Avg Temp53°F (12°C)
AQI36 (Good)
Rain48.5 in/yr
Sunny Days275/yr
Elevation104 ft (32 m)

Education

A+
Bachelor's+69.7%
High School+98.9%
Graduate+33.2%
School Score5.39

Community

2024 VoteR 52% / D 48%
Commute35 min
Broadband92.2%
Libraries63

Is Cove Neck a Good Place to Live?

Based on current data, Cove Neck receives an overall livability score of 4.0 out of 5.0, earning a grade of A. Key strengths include above-average household incomes, low unemployment, a highly educated population, abundant sunshine. Areas to be aware of include high housing costs, long commute times. Cove Neck stands out as an excellent place to live, with strong marks across most quality-of-life indicators.

Economy & Jobs

The median household income in Cove Neck is $214,107, which is significantly higher than the national average — 185% above $75,149. This places Cove Neck among higher-income communities. The job market is very strong with unemployment at just 1.3%. Only 5.1% of residents live below the poverty line, well below the national rate of 12.4%. Workers commute an average of 35 minutes, longer than the typical American commute of 28 minutes.

Cost of Living & Housing

The median home value in Cove Neck is $1,781,300, making it a premium housing market at 532% above the U.S. median of $281,900. Renters pay a median of $3,156 per month, significantly above the national average of $1,163. With a home price-to-income ratio of 8.3x, housing affordability is a significant challenge for many families.

Education

Cove Neck is a highly educated community — 69.7% of adults hold a bachelor's degree or higher, well above the national average of 33.7%. 98.9% have completed high school. Area schools have an average test score of 5.4/10.

Climate & Weather

Cove Neck experiences four distinct seasons with an average temperature of 53°F. Winters average 31°F in January while summers reach 75°F in July. With 275 sunny days per year, residents enjoy well above the national average of sunshine. Annual precipitation totals 48.5 inches. Air quality is rated Good with a median AQI of 36.

Cove Neck has a population of 255 with a density of 199 people per square mile. The median age is 53.3 years, 37% older than the national median of 38.9. The city is predominantly White (92.2%).

Population

255
Total Population
199
People / sq mi
53.3yrs
Median Age
37% above US avg
1.3mi²
Land Area

Gender Distribution

Male 56.5%
Female 43.5%

Race & Ethnicity

Cove Neck vs U.S. Average

Language Spoken at Home

English Only89.3%
14% above US avg
Spanish10.7%
20% below US avg

Social Characteristics

Cove Neck vs U.S. Average

The median household income in Cove Neck is $214,107, which is 185% above the national average of $75,149. The unemployment rate is 1.3% (below the 3.6% US average). 5.1% of residents live below the poverty line. Workers commute an average of 35 minutes.

Income: Cove Neck vs U.S.

Commute Mode

Income

Median HH Income$214,107
185% above US avg
Per Capita Income$175,246
Avg Weekly Wage$1,489
IRS Avg AGI$139,155

Employment & Poverty

Unemployment1.3%
64% below US avg
Poverty Rate5.1%
59% below US avg
Establishments (County)56,397
County GDP$130,222M

Business (County)

Restaurants3,828
Healthcare6,152
Retail5,602
Manufacturing820

Tax & Cost of Living

Property Tax (IRS)$15,590
345% above US avg
Cost of Living107.90 (100=avg)
Effective Tax Rate0.88%

Commute & Transportation

Commute Time35.4 min
Drive Alone75.4%
Public Transit8.0%
Work from Home11.6%

Walkability

The median home value in Cove Neck is $1,781,300, 532% above the national average. Monthly rent averages $3,156 (171% above US avg).

Home Value Sources

Ownership Split

Home Values

Census Median$1,781,300
532% above US avg

Real Estate Market (Redfin)

Rental Costs

Census Median Rent$3,156
171% above US avg
Rent Burden23.1%

HUD Fair Market Rent

Studio$1,215
1 Bedroom$1,315
2 Bedrooms$1,579
3 Bedrooms$1,976
4 Bedrooms$2,193

Ownership & Property

Owner-Occupied72.8%
Housing Units121
Median Year Built1960

Property Tax

Avg Tax (IRS)$15,590
345% above US avg
Effective Rate0.88%
In Cove Neck, 26.3% of adults are obese (below the 32.1% national rate). 3.5% of residents lack health insurance. 6.4% are current smokers. 16.0% report depression. 15.0% are physically inactive.

Health Metrics: Cove Neck vs U.S. Average (%)

Chronic Conditions

Obesity26.3%
18% below US avg
Diabetes6.0%
Heart Disease3.9%
High Blood Pressure24.4%
Asthma9.7%
COPD3.2%
Cancer8.2%
Stroke1.9%

Behaviors & Mental Health

Smoking6.4%
54% below US avg
Binge Drinking19.9%
Physical Inactivity15.0%
Depression16.0%
Mental Distress13.4%
Physical Distress8.6%
Short Sleep36.7%

Healthcare Access

Insurance Rate97.6%
Uninsured3.5%
59% below US avg
Primary Care1:734
Dentists1:824
Mental Health1:259
Checkup Rate80.1%
Dental Visits76.2%
Premature Death4,800/100K

Food & Exercise

Food Environment9.9/10
Exercise Access98.6%
Healthcare Facilities6,152
Cove Neck has an average annual temperature of 53°F (12°C). Winters average 31°F in January while summers reach 75°F in July. Annual precipitation is 48.5 inches. The area enjoys 275 sunny days per year. Air quality is rated Good with a median AQI of 36.

Temperature

31°F Jan (-0°C) 75°F Jul (24°C)
Annual Average53.0°F
2% below US avg
January Average31°F (-0°C)
July Average75°F (24°C)
Sunny Days275 days/yr

Precipitation & Snow

Annual Rainfall48.5 inches
28% above US avg

Air Quality

AQI Median36.0
RatingGood

Geography

Elevation104 ft (32 m)
Area1.3 sq mi (3.3 km²)
Population Density199/sq mi
Coordinates40.8858°N, 73.4973°W
TimezoneAmerica/New_York
County FIPS36059
It is classified as Metro — 1 million+. 69.7% of residents hold a bachelor's degree or higher (107% above US avg). In the 2024 election, the county voted Republican by a 4.2-point margin. 92.2% of households have broadband internet.

2024 Presidential Election (County)

R 52.1%
D 47.9%

Winner: Republican by 4.2 points

Education

Bachelor's Degree+69.7%
107% above US avg
High School+98.9%
Graduate Degree+33.2%
School Test Score5.39
A+ Education Grade (5.0/5.0)

Urban-Rural Classification

RUCC Code 1Metro — 1 million+
Population Density199/sq mi
Total Area1.3 sq mi

Infrastructure & Services

Broadband Access92.2%
Public Libraries63
Healthcare Facilities6,152
Restaurants3,828
Retail Stores5,602

Safety & Disasters

Fatal Crashes (County/yr)76

Commute & Transportation

Avg Commute35.4 min
Drive Alone75.4%
Public Transit8.0%
Work from Home11.6%

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