Cove Neck, NY

Census Place

2024 Population

231

US Senator

Chuck Schumer

Democratic Party

US Senator

Kirsten Gillibrand

Democratic Party

2024 Median Age

56.5

6% 1-year increase

2024 Poverty Rate

7.86%

53% 1-year increase

2024 Median Household Income

$238,333

11.3% 1-year growth

2024 Median Property Value

$2M

Population & Diversity

Cove Neck, NY is home to a population of 231 people, from which 99.6% are citizens.

As of 2024, 12.6% of Cove Neck, NY residents were born outside of the country (29 people).

In 2024, there were 17 times more White (Non-Hispanic) residents (204 people) in Cove Neck, NY than any other race or ethnicity. There were 12 Two Races Including Other (Non-Hispanic) and 8 Two Races Including Other (Hispanic) residents, the second and third most common ethnic groups.

Population & Diversity

Citizenship

99.6%

2024 Citizenship

99.6%

2023 Citizenship

As of 2024, 99.6% of Cove Neck, NY residents were US citizens, which is higher than the national average of 93.2%. In 2023, the percentage of US citizens in Cove Neck, NY was 99.6%, meaning that the rate of citizenship has been decreasing.

The following chart shows US citizenship percentages in Cove Neck, NY compared to that of it's neighboring and parent geographies.

Diversity

Race and Ethnicity

The 3 largest ethnic groups in Cove Neck, NY

White (Non-Hispanic)
204 ± 61
Two Races Including Other (Non-Hispanic)
12 ± 19
Two Races Including Other (Hispanic)
8 ± 8

3.9%

Hispanic Population

9 people

3.9% of the people in Cove Neck, NY are hispanic (9 people).

The following chart shows the 8 races represented in Cove Neck, NY as a share of the total population.

Global Diversity

The PUMS dataset is not available at the Place level, so we are showing data for New York.

Most Common Origin

Dominican Republic
492,198 ± 17,010 people
China
414,597 ± 15,642 people
Jamaica
229,554 ± 11,695 people

In 2024, the most common birthplace for the foreign-born residents of New York was Dominican Republic, the natal country of 492,198 New York residents, followed by China with 414,597 and Jamaica with 229,554.

Foreign-Born Population

12.6%

2024 Foreign-Born Population

29 people

9.8%

2023 Foreign-Born Population

25 people

As of 2024, 12.6% of Cove Neck, NY residents (29 people) were born outside of the United States, which is approximately the same as the national average of 14%. In 2023, the percentage of foreign-born citizens in Cove Neck, NY was 9.8%, meaning that the rate has been increasing.

The following chart shows the percentage of foreign-born residents in Cove Neck, NY compared to that of it's neighboring and parent geographies.

Military

Veterans

Most Common Service Period

Vietnam
6 ± 20
World War II
2 ± 3

Cove Neck, NY has a large population of military personnel who served in Vietnam, 3 times greater than any other conflict.

The chart shows the distribution of veterans by conflict in Cove Neck, NY.

Economy

The economy of Cove Neck, NY employs 119 people. In 2024, the largest industries in Cove Neck, NY were Health Care & Social Assistance (22 people), Retail Trade (20 people), and Professional, Scientific, & Technical Services (18 people), and the highest paying industries were Health Care & Social Assistance ($250,001), Transportation & Warehousing ($250,001), and Transportation & Warehousing, & Utilities ($250,001).

Employment

Occupations

119

2024 Value

± 82

−13.8%

1 Year decline

± 104%

From 2023 to 2024, employment in Cove Neck, NY declined at a rate of −13.8%, from 138 employees to 119 employees.

The most common job groups, by number of people living in Cove Neck, NY, are Management Occupations (39 people), Health Diagnosing & Treating Practitioners & Other Technical Occupations (15 people), and Legal Occupations (14 people). This chart illustrates the share breakdown of the primary jobs held by residents of Cove Neck, NY.

Unemployment Insurance Claims

Data is only available at the state level. Showing data for New York.

This chart shows weekly unemployment insurance claims in New York (not-seasonally adjusted) compared with the four states with the most similar impact.

The most recent data point uses Advance State Claims data, which can be revised in subsequent weeks.

Industries

Employment by Industries

119

2024 Value

± 82

−13.8%

1 Year decline

± 104%

From 2023 to 2024, employment in Cove Neck, NY declined at a rate of −13.8%, from 138 employees to 119 employees.

The most common employment sectors for those who live in Cove Neck, NY, are Health Care & Social Assistance (22 people), Retail Trade (20 people), and Professional, Scientific, & Technical Services (18 people). This chart shows the share breakdown of the primary industries for residents of Cove Neck, NY, though some of these residents may live in Cove Neck, NY and work somewhere else. Census data is tagged to a residential address, not a work address.

Median Earnings by Industry

$141,875

Median earning men ± $64,945

$91,250

Median earning women ± $101,627

The industries with the best median earnings for men in 2024 are Educational Services, & Health Care & Social Assistance ($250,001), Finance & Insurance, & Real Estate & Rental & Leasing ($250,001), and Transportation & Warehousing, & Utilities ($250,001).

The industries with the best median earnings for women in 2024 are Professional, Scientific, & Management, & Administrative & Waste Management Services ($200,000), Educational Services, & Health Care & Social Assistance ($106,875), and Retail Trade ($31,667).

Housing & Living

The median property value in Cove Neck, NY was $2M in 2024, which is 6.01 times larger than the national average of $332,700. Between 2023 and 2024 the median property value increased from $1.78M to $2M, a 12.3% increase. The homeownership rate in Cove Neck, NY is 75.5%, which is higher than the national average of 65.2%.

People in Cove Neck, NY have an average commute time of 34.2 minutes, and they drove alone to work. Car ownership in Cove Neck, NY is higher than the national average, with an average of 5 cars per household.

Housing

Property

$74

Median Property Taxes

±$50

The following chart display owner-occupied housing units distributed between a series of property tax buckets compared to the national averages for each bucket. In Cove Neck, NY the largest share of households pay taxes in the $3k+ range.

The chart underneath the paragraph shows the property taxes in Cove Neck, NY compared to it's parent and neighbor geographies.

Rent vs Own

75.5%

Homeownership

2024

54.5%

Homeowners with Mortgage

2024

In 2024, 75.5% of the housing units in Cove Neck, NY were occupied by their owner. This percentage grew from the previous year's rate of 72.8%.

This chart shows the percentage of owner in Cove Neck, NY compared it's parent and neighboring geographies.

Equity

Household Income

Please note that the buckets used in this visualization were not evenly distributed by ACS when publishing the data.

$238,333

Median Household Income

± $59,894

Number of Households

± 33

In 2024, the median household income of the 98 households in Cove Neck, NY grew to $238,333 from the previous year's value of $214,107.

The following chart displays the households in Cove Neck, NY distributed between a series of income buckets compared to the national averages for each bucket. The largest share of households have an income in the $200k+ range.

Wage Distribution

The closest comparable wage GINI for Cove Neck, NY is from New York.

0.492

2024 Wage GINI in New York

0.493

2023 Wage GINI in New York

In 2024, the income inequality in New York was 0.492 according to the GINI calculation of the wage distribution. Income inequality had a 0.301% decline from 2023 to 2024, which means that wage distribution grew somewhat more even. The GINI for New York was higher than than the national average of 0.474. In other words, wages are distributed less evenly in New York in comparison to the national average.

This chart shows the number of workers in New York across various wage buckets compared to the national average.

Transportation

Commuter Transportation

Most Common Commute in 2024

Drove Alone (68.9%)
Worked At Home (18.5%)
Public Transit (9.24%)

In 2024, 68.9% of workers in Cove Neck, NY drove alone to work, followed by those who worked at home (18.5%) and those who used public transit to get to work (9.24%).

The following chart shows the number of households using each mode of transportation over time, using a logarithmic scale on the y-axis to help better show variations in the smaller means of commuting.

Commute Time

34.2 minutes

Average Travel Time

Using averages, employees in Cove Neck, NY have a longer commute time (34.2 minutes) than the normal US worker (26.4 minutes). Additionally, 7.22% of the workforce in Cove Neck, NY have "super commutes" in excess of 90 minutes.

The chart below shows how the median household income in Cove Neck, NY compares to that of it's neighboring and parent geographies.

Car Ownership

5 cars

Average Number

The following chart displays the households in Cove Neck, NY distributed between a series of car ownership buckets compared to the national averages for each bucket. The largest share of households in Cove Neck, NY have 5 cars.

Poverty

Poverty & Diversity

7.86% of the population for whom poverty status is determined in Cove Neck, NY (18 out of 229 people) live below the poverty line, a number that is lower than the national average of 12.5%. The largest demographic living in poverty are Males 65 - 74, followed by Females 25 - 34 and then Males 6 - 11.

The most common racial or ethnic group living below the poverty line in Cove Neck, NY is White, followed by Two Or More and Hispanic.

The Census Bureau uses a set of money income thresholds that vary by family size and composition to determine who classifies as impoverished. If a family's total income is less than the family's threshold than that family and every individual in it is considered to be living in poverty.

Social Needs

Data only available at the state level.

Most prevalent states

California
35,798 individuals
New York
5,087 individuals

In 2017, California had the highest estimated number of chronically homeless individuals in the nation, at 35,798, followed by New York (5,087).

The following map shows the estimated number of chronically homeless individuals by state over multiple years.

Keep Exploring