Living in Covington, Michigan
Cost of living, income, home prices, rent and demographics of Covington · Census data 2020–2024
Covington has 112 residents with a median age of 48.4. The median household income is $55,625 (24% lower than the Michigan median), the median home value is $141,100.
Covington is a small town, so Census survey estimates have wide margins of error. Treat percentages as approximate.
Covington at a glance
- Population
- 112
- Median age
- 48.4State: 40.2
- Median household income
- $55,625State: $72,875
- Median home value
- $141,100State: $231,600
- Homeowners
- 94.4%
- Bachelor's degree or higher
- 13.8%
- Average commute
- 18 min
Is Covington a good place to live?
Pros: Home values 39% lower than the state median; an average commute of 18 minutes; a poverty rate of 4.5%.
Cons: Median household income 24% lower than the Michigan median.
The weather is best in June to September.
Cost of living in Covington
Housing is the biggest part of the cost of living. In Covington the median home value is $141,100, 58% lower than the U.S. median. Renters pay a median of — per month. Homeowners with a mortgage pay $1,577 a month in housing costs.
Covington median household income
The median household income in Covington is $55,625 and the income per person is $37,971. 4.5% of residents live below the poverty line (Michigan: 13.2%).
Housing in Covington: homes for sale and rent
- Housing units
- 119
- Owner-occupied
- 94.4%
- Renter-occupied
- 5.6%
- Vacant
- 54.6%Includes seasonal homes
- Median year built
- 1950
- Average household size
- 2.07
54.6% of homes are vacant most of the year, a sign that Covington has many vacation and second homes.
Covington demographics
- Population
- 112
- Median age
- 48.4
- Under 18
- 25%
- 65 and older
- 17.9%
- Households
- 54
- Foreign-born
- 0%
- Veterans
- 9.5%Adults 18+
Hispanic or Latino can be of any race. Population history of Covington ›
Education in Covington
13.8% of adults 25 and older in Covington have a bachelor's degree or higher (Michigan: 32.4%), and 7.5% have a graduate or professional degree.
Jobs and commute in Covington
- Unemployment rate
- 0%State: 5.7%
- Average commute
- 18 minState: 24 min
- Work from home
- 0%
- Drive alone
- 85.1%
- Public transit
- 0%
- Walk to work
- 0%
- Homes with broadband
- 94.4%
Covington vs nearby towns
| Town | Population | Median income | Home value | Rent |
|---|---|---|---|---|
| Covington | 112 | $55,625 | $141,100 | — |
| L'Anse | 1,790 | $52,317 | $104,100 | $646 |
| Baraga | 1,939 | $43,558 | $114,600 | $495 |
| Three Lakes | 172 | $103,542 | $285,700 | — |
| Zeba | 342 | $55,000 | $105,400 | — |
| Amasa | 253 | $40,764 | $85,400 | $713 |
| Michigamme | 229 | $52,083 | $163,900 | — |
| Skanee | 116 | $62,031 | $231,900 | — |
| Mass City | 299 | $74,313 | $84,200 | — |
More for people moving to Covington
Covington ZIP code ›Weather and climate ›Living in Covington: FAQ
What is the median household income in Covington, MI?
The median household income in Covington is $55,625, 24% lower than the Michigan median of $72,875 (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
What is the average home price in Covington?
The median home value in Covington is $141,100, compared with $231,600 in Michigan.
Is Covington, MI a good place to live?
Pluses: home values 39% lower than the state median; an average commute of 18 minutes; a poverty rate of 4.5%. Minuses: median household income 24% lower than the Michigan median.
What is the median age in Covington?
The median age in Covington is 48.4 years (Michigan: 40.2).
How long is the commute in Covington?
The average commute to work in Covington is 18 minutes; 0% of workers work from home.
What is the unemployment rate in Covington?
The unemployment rate in Covington is 0% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is Covington?
13.8% of adults in Covington have a bachelor's degree or higher.
Source: U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024 (margins of error apply, especially in small towns). Figures are in 2024 dollars.
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