Last updated: 2024 BLS data · Page refreshed:
Covington has a population of 21,233 with a median age of 36.4. Here is the racial and ethnic breakdown of the population:
| Demographic | Value |
|---|---|
| Total Population | 21,233 |
| Median Age | 36.4 |
| White | 61.2% |
| Black or African American | 8.1% |
| Asian | 11.2% |
| Hispanic or Latino | 11.2% |
| Other / Two or More Races | 8.3% |
The median household income in Covington is $134,502, which is 66.9% above the national median of $80,610. The per capita income is $54,866. The poverty rate is 5.0%.
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In Covington, 94.8% of residents age 25+ have a high school diploma or higher, and 37.3% hold a bachelor's degree or higher (13.4% with a graduate or professional degree).
| Education Level | % of Adults (25+) |
|---|---|
| High School Diploma or Higher | 94.8% |
| Bachelor's Degree or Higher | 37.3% |
| Graduate or Professional Degree | 13.4% |
The median home value in Covington is $637,300, above the national median of $303,400. The median monthly rent is $2,232. The homeownership rate is 78.9%.
| Housing Metric | Value |
|---|---|
| Median Home Value | $637,300 |
| Median Monthly Rent | $2,232 |
| Homeownership Rate | 78.9% |
| Vacancy Rate | 3.2% |
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