King Cove, AK Profile: Facts & Data

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King Cove, Alaska - Basic Facts

The City of King Cove had a population of 1,013 as of July 1, 2020. King Cove ranks in the upper quartile for Diversity Index when compared to the other cities, towns and Census Designated Places (CDPs) in Alaska. See peer rankings below.

The primary coordinate point for King Cove is located at latitude 55.0617 and longitude -162.3103 in Aleutians East Borough. The formal boundaries for the City of King Cove encompass a land area of 25.68 sq. miles and a water area of 4.24 sq. miles. Aleutians East Borough is in the Alaska time zone (GMT -9). The elevation is 75 feet.

The City of King Cove (GNIS ID: 2419410) has a C1 Census Class Code which indicates an active incorporated place that does not serve as a county subdivision equivalent. It also has a Functional Status Code of "A" which identifies an active government providing primary general-purpose functions.

The City of King Cove is located within the Aleutians East Census Subarea of Aleutians East Borough. Census subareas are statistical subdivisions of the county equivalents used in Alaska (boroughs, city and boroughs, municipalities, and census areas) and are the statistical equivalent of Micro Civil Divisions (MCDs) used in other states.

Alternate Unofficial Names for King Cove: King Cove Cannery.

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King Cove, AK Data & Demographics (As of July 1, 2020)

POPULATION

Total Population 1,013 (100%)
Population in Households 599 (59.1%)
Population in Families 466 (46.0%)
Population in Group Quarters1 414 (40.9%)
Population Density 41
Diversity Index2 76
 
 

INCOME

Median Household Income $67,017
Average Household Income $76,358
% of Income for Mortgage4 8%
Per Capita Income $24,951
Wealth Index5 60
 

HOUSING

Total HU (Housing Units) 241 (100%)
Owner Occupied HU 126 (52.3%)
Renter Occupied HU 83 (34.4%)
Vacant Housing Units 32 (13.3%)
Median Home Value $126,515
Average Home Value $183,465
Housing Affordability Index3 334
 

HOUSEHOLDS

Total Households 209
Average Household Size 2.87
Family Households 135
Average Family Size 3
NOTES
  1. Group Quarters - a place where people live or stay in a group living arrangement. Includes college residents halls, nursing facilities, military barracks, and correctional facilities.
  2. The Diversity Index is a scale of 0 to 100 that represents the likelihood that two persons, chosen at random from the same area, belong to different races or ethnic groups. If an area's entire population belongs to one race AND one ethnic group, then the area has zero diversity. An area's diversity index increases to 100 when the population is evenly divided into two or more race/ethnic groups.
  3. The Housing Affordability Index base is 100 and represents a balance point where a resident with a median household income can normally qualify to purchase a median price home. Values above 100 indicate increased affordability, while values below 100 indicate decreased affordability.
  4. The % of Income for Mortgage quantifies the percentage of median household income dedicated to mortgage payments on a home priced at the median value (assuming a 30-year mortgage and a 20% down payment).
  5. The Wealth Index is based on a number of indicators of affluence including average household income and average net worth, but it also includes the value of material possessions and resources. It represents the wealth of the area relative to the national level. Values above or below 100 represent above-average wealth or below-average wealth compared to the national level.

GROWTH RATE / YEAR

2010-2020 2020-2025
Population 0.75% 0.7%
Households 1.41% 1.31%
Families 1.24% 1.16%
Median Household Income   0.41%
Per Capita Income   1.06%
Owner Occupied HU   1.54%

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King Cove, AK - Peer Comparisons by Rank and Percentile

The table below compares King Cove to the other 353 incorporated cities, towns and CDPs in Alaska by rank and percentile using July 1, 2020 data. The location Ranked # 1 has the highest value. A location that ranks higher than 75% of its peers would be in the 75th percentile of the peer group.

Variable Description Rank Percentile
Total Population # 72 80th
Population Density # 115 68th
Median Household Income # 69 81st
Housing Affordability Index # 335 95th
Per Capita Income # 172 52nd
Diversity Index # 5 99th

Additional comparisons and rankings can be made with a VERY EASY TO USE Alaska Census Data Comparison Tool.

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