Cove, Arkansas: commercial real estate data.
Cove is a Census town of 462 people across 1.60 square miles of land, in Polk County. Median household income is $39,688, 63.9 percent of occupied homes are owned, and the SBA record carries 3 7(a) approvals to borrowers here worth $1.0 m since FY2020.
Underlined figures are computed by MMCG Analytics, not published by the agency.
Cove
What Cove is
- Census place typetown
- Land area1.6 sq mi
- Water area0.02 sq mi
- Population per square mile of land289 plus or minus 94
- County holding the largest share of its areaPolk County, 100.0 percent
US Census Bureau, cartographic boundary file, places, 2024 vintage. US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Cove
How many people live in Cove
- Population462 plus or minus 150
- Median age36.5 plus or minus 10.0
- Population under 18101 plus or minus 57
- Share under 1821.9 percent plus or minus 10.0
- Population 65 and over62 plus or minus 29
- Share 65 and over13.4 percent plus or minus 4.7
- Households169 plus or minus 43
- Family households105 plus or minus 35
- Share of households that are families62.1 percent plus or minus 13.4
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Cove
Income and work in Cove
- Median household income$39,688 plus or minus $30,196
- Per capita income$19,577
- Civilian labor force256 plus or minus 101
- Employed235 plus or minus 94
- Unemployed21 plus or minus 16
- Unemployment rate8.2 percent plus or minus 5.3
- Adults 25 and over330 plus or minus 95
- Adults 25 and over with a high school diploma or higher81.5 percent plus or minus 30.4
- Adults 25 and over with a bachelor degree or higher9.1 percent plus or minus 6.6
- Adults 25 and over with a graduate degree3.0 percent plus or minus 5.1
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Cove
Housing in Cove
- Housing units223 plus or minus 51
- Occupied units169 plus or minus 43
- Vacant units54 plus or minus 33
- Vacancy rate24.2 percent plus or minus 13.7
- Owner occupied108 plus or minus 35
- Renter occupied61 plus or minus 29
- Ownership rate63.9 percent plus or minus 12.8
- Median owner-occupied home value$75,000 plus or minus $29,932
- Median gross rent, monthly$574
- Annual rent as a share of median income17.4 percent plus or minus 13.2
- Single family units122 plus or minus 46
- Share single family54.7 percent plus or minus 16.3
- Units in buildings of two or more37 plus or minus 26
- Share in buildings of two or more16.6 percent plus or minus 11.2
- Mobile homes64 plus or minus 30
- Median year structure built1977
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Cove
How Cove gets to work
- Workers 16 and over who commute232 plus or minus 93
- Commuting under 15 minutes56 plus or minus 49
- Share commuting under 15 minutes24.1 percent plus or minus 18.8
- Commuting 30 minutes or more97 plus or minus 69
- Share commuting 30 minutes or more41.8 percent plus or minus 24.4
- Drove alone83.8 percent
- Carpooled14.0 percent plus or minus 22.3
- Public transport0.0 percent
- Walked0.0 percent
- Worked from home1.3 percent plus or minus 2.1
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Cove
SBA loans in Cove (7(a))
- Approvals3
- Gross approval$1,007,000
- Average approval$335,667
- Median approval$23,500
- Largest approval$960,000
- Jobs supported5
- Jobs per approval1.7
- Loans with a final outcome2
- Paid in full2
- Charged off0
- Median term60 months
- Share on real estate terms of 20 years or more0.0 percent
- Share to franchises0.0 percent
- Distinct lenders1
- Distinct industries by NAICS1
Counted by borrower city: approvals to borrowers whose address is in Cove, in any county, FY2020 to FY2026. Only 2 loans have reached a final outcome, fewer than the 30 a charge-off rate needs, so no rate is published.
US Small Business Administration, 7(a) FOIA release, FY2020 to FY2026 year to date, as of 2026-06-30.
Cove
Flood risk in Cove
- NFIP communityTown of Cove
- NFIP community number050401
- Participating in the NFIPYes
- Community Rating System classNone
- Currently effective map date09/04/85(M)
The Town of Cove participates in the National Flood Insurance Program as community 050401 and carries no Community Rating System class, so no CRS premium discount applies to it.
Federal Emergency Management Agency, NFIP Community Status Book (OpenFEMA), as of 2026-09-26.
Polk County, not Cove
Polk County context, not Cove figures
- Establishments in Polk County429
- Covered employment, Polk County5,837
- Average annual pay, Polk County$42,869
- Housing units permitted, Polk County4
Every figure in this section is published for Polk County as a whole and is not a measurement of Cove.
US Census Bureau, County Business Patterns, 2023. US Bureau of Labor Statistics, Quarterly Census of Employment and Wages, 2024 annual averages. US Census Bureau, Building Permits Survey, 2024 annual.
Coverage
What this page does not hold.
Parcel detail, zoning and the flood zone at an address are not on this page; they resolve at the address in the platform. How this page was built →
Common questions
Cove questions, answered from the record.
How many people live in Cove, Arkansas?
462, in 169 households. Cove town covers 1.60 square miles of land, which is 289 people per square mile. Source: US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
What county is Cove in?
Polk County, which holds 100.0 percent of the place by area. Source: US Census Bureau, cartographic boundary file, places, 2024 vintage.
What is the median household income in Cove?
$39,688. The median owner-occupied home is valued at $75,000. Median gross rent is $574 per month. Source: US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
How much SBA lending goes to Cove businesses?
3 7(a) approvals totaling $1.0 m since FY2020, across 1 lenders, median approval $23,500. These count approvals to borrowers whose address is in Cove, not projects sited inside the place boundary, and they are approvals recorded in the release rather than loans disbursed.
Do SBA loans to Cove borrowers get paid back?
No rate is published for Cove. Only 2 loans have reached a final outcome, fewer than the 30 a charge-off rate needs, so no rate is published. The counts are shown instead.
Is Cove in the National Flood Insurance Program?
Yes. Cove appears in the FEMA Community Status Book as Cove, town of, community 050401, with no Community Rating System class, so no CRS discount applies. Whether a specific parcel sits in a mapped special flood hazard area is an address level question the platform answers.
Are the county figures on this page Cove figures?
No, and they are labeled so. County Business Patterns, QCEW, the Building Permits Survey, BEA product and IRS migration are published for Polk County as a whole and there is no place level equivalent. They appear in one clearly marked section as context and are never presented as measurements of Cove.
Is zoning published for Cove?
No. Nothing on this page presents parcel level zoning.
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