Last updated: 2024 BLS data · Page refreshed:
Covington has a population of 41,110 with a median age of 37.6. Here is the racial and ethnic breakdown of the population:
| Demographic | Value |
|---|---|
| Total Population | 41,110 |
| Median Age | 37.6 |
| White | 76.1% |
| Black or African American | 8.4% |
| Asian | 1.2% |
| Hispanic or Latino | 8.7% |
| Other / Two or More Races | 5.6% |
The median household income in Covington is $61,166, which is 24.1% below the national median of $80,610. The per capita income is $37,216. The poverty rate is 20.8%.
The unemployment rate in Covington is 4.7%, compared to the national rate of 4.1%.
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In Covington, 88.2% of residents age 25+ have a high school diploma or higher, and 32.2% hold a bachelor's degree or higher (10.7% with a graduate or professional degree).
| Education Level | % of Adults (25+) |
|---|---|
| High School Diploma or Higher | 88.2% |
| Bachelor's Degree or Higher | 32.2% |
| Graduate or Professional Degree | 10.7% |
The median home value in Covington is $187,300, below the national median of $303,400. The median monthly rent is $1,006. The homeownership rate is 51.8%.
| Housing Metric | Value |
|---|---|
| Median Home Value | $187,300 |
| Median Monthly Rent | $1,006 |
| Homeownership Rate | 51.8% |
| Vacancy Rate | 13.2% |
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