Living in Covington, Ohio
Cost of living, income, home prices, rent and demographics of Covington · Census data 2020–2024
Covington has 2,596 residents with a median age of 46.1. The median household income is $59,750 (16% lower than the Ohio median), the median home value is $175,400, the median rent is $588/month.
Covington at a glance
- Population
- 2,596
- Median age
- 46.1State: 39.7
- Median household income
- $59,750State: $71,389
- Median home value
- $175,400State: $214,800
- Median rent
- $588/moState: $1,034
- Homeowners
- 68.5%
- Bachelor's degree or higher
- 14.9%
- Average commute
- 25 min
Is Covington a good place to live?
Pros: Home values 18% lower than the state median; a poverty rate of 5.3%.
Cons: Median household income 16% lower than the Ohio median; an average commute of 25 minutes; unemployment of 7.1%.
The weather is best in May and July to September.
Cost of living in Covington
Housing is the biggest part of the cost of living. In Covington the median home value is $175,400, 47% lower than the U.S. median. Renters pay a median of $588 per month, which is 18.8% of household income. Homeowners with a mortgage pay $1,145 a month in housing costs.
Covington median household income
The median household income in Covington is $59,750 and the income per person is $34,185. 5.3% of residents live below the poverty line (Ohio: 13.3%).
Housing in Covington: homes for sale and rent
- Housing units
- 1,106
- Owner-occupied
- 68.5%
- Renter-occupied
- 31.5%
- Vacant
- 2.6%Includes seasonal homes
- Median year built
- 1948
- Average household size
- 2.36
Covington demographics
- Population
- 2,596
- Median age
- 46.1
- Under 18
- 18.3%
- 65 and older
- 22.6%
- Households
- 1,077
- Foreign-born
- 0%
- Veterans
- 5.8%Adults 18+
Hispanic or Latino can be of any race. Population history of Covington ›
Education in Covington
14.9% of adults 25 and older in Covington have a bachelor's degree or higher (Ohio: 31.5%), and 5.9% have a graduate or professional degree.
Jobs and commute in Covington
- Unemployment rate
- 7.1%State: 4.8%
- Average commute
- 25 minState: 23 min
- Work from home
- 10.8%
- Drive alone
- 76%
- Public transit
- 0%
- Walk to work
- 1.9%
- Homes with broadband
- 84.1%
Covington vs nearby towns
| Town | Population | Median income | Home value | Rent |
|---|---|---|---|---|
| Covington | 2,596 | $59,750 | $175,400 | $588 |
| Bradford | 1,674 | $64,139 | $136,100 | $868 |
| Pleasant Hill | 1,526 | $72,330 | $176,000 | $737 |
| Piqua | 20,646 | $67,796 | $138,600 | $922 |
| Gettysburg | 544 | $63,125 | $114,100 | $933 |
| Ludlow Falls | 105 | $60,250 | $97,800 | $1,031 |
| Troy | 26,842 | $68,830 | $217,400 | $1,003 |
| Russia | 638 | $61,685 | $260,000 | $931 |
| Lockington | 154 | $57,083 | $162,500 | $675 |
More for people moving to Covington
Covington ZIP code ›Weather and climate ›Living in Covington: FAQ
What is the median household income in Covington, OH?
The median household income in Covington is $59,750, 16% lower than the Ohio median of $71,389 (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 $175,400, compared with $214,800 in Ohio.
How much is rent in Covington?
The median gross rent in Covington is $588 per month, about 18.8% of household income.
Is Covington, OH a good place to live?
Pluses: home values 18% lower than the state median; a poverty rate of 5.3%. Minuses: median household income 16% lower than the Ohio median; an average commute of 25 minutes; unemployment of 7.1%.
What is the median age in Covington?
The median age in Covington is 46.1 years (Ohio: 39.7).
How long is the commute in Covington?
The average commute to work in Covington is 25 minutes; 10.8% of workers work from home.
What is the unemployment rate in Covington?
The unemployment rate in Covington is 7.1% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is Covington?
14.9% 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.
Last updated: