Living in Covington, Oklahoma

Cost of living, income, home prices, rent and demographics of Covington · Census data 2020–2024

Covington has 297 residents with a median age of 37.1. The median household income is $86,964 (34% higher than the Oklahoma median), the median home value is $85,600, the median rent is $880/month.

Covington is a small town, so Census survey estimates have wide margins of error. Treat percentages as approximate.

Covington at a glance

Population
297
Median age
37.1State: 37
Median household income
$86,964State: $65,039
Median home value
$85,600State: $199,800
Median rent
$880/moState: $1,014
Homeowners
77.1%
Bachelor's degree or higher
12.1%
Average commute
29 min

Is Covington a good place to live?

Pros: Median household income 34% higher than the Oklahoma median; home values 57% lower than the state median; a poverty rate of 5.7%.

Cons: An average commute of 29 minutes; unemployment of 5.4%.

The weather is best in April–May and September–October.

Cost of living in Covington

Housing is the biggest part of the cost of living. In Covington the median home value is $85,600, 74% lower than the U.S. median. Renters pay a median of $880 per month, which is 11.7% of household income. Homeowners with a mortgage pay $1,109 a month in housing costs.

Median home value

Covington$85,600
Oklahoma$199,800
United States$332,700

Median monthly rent

Covington$880
Oklahoma$1,014
United States$1,413

Covington median household income

The median household income in Covington is $86,964 and the income per person is $34,992. 5.7% of residents live below the poverty line (Oklahoma: 15.3%).

Median household income

Covington$86,964
Oklahoma$65,039
United States$80,734

Housing in Covington: homes for sale and rent

Housing units
132
Owner-occupied
77.1%
Renter-occupied
22.9%
Vacant
17.4%Includes seasonal homes
Median year built
1953
Average household size
2.72

Covington demographics

Population
297
Median age
37.1
Under 18
21.2%
65 and older
5.7%
Households
109
Foreign-born
0.7%
Veterans
3.8%Adults 18+

Race and ethnicity

White87.9%
Hispanic or Latino3.7%
Black1.7%
Asian0%

Hispanic or Latino can be of any race. Population history of Covington ›

Education in Covington

12.1% of adults 25 and older in Covington have a bachelor's degree or higher (Oklahoma: 28.3%), and 0% have a graduate or professional degree.

Bachelor's degree or higher

Covington12.1%
Oklahoma28.3%
United States35.7%

Jobs and commute in Covington

Unemployment rate
5.4%State: 5%
Average commute
29 minState: 22 min
Work from home
2.6%
Drive alone
81.4%
Public transit
0%
Walk to work
0%
Homes with broadband
72.5%

Covington vs nearby towns

TownPopulationMedian incomeHome valueRent
Covington297$86,964$85,600$880
Fairmont158$76,250——
Garber708$67,625$69,400$942
Marshall256$60,466$33,100—
Breckenridge239$64,688$143,800$900
Perry4,452$53,587$109,100$811
Orlando106$46,250$65,000—
Enid50,653$62,125$154,900$914
Waukomis1,076$61,339$149,000$710

More for people moving to Covington

Covington ZIP code ›Weather and climate ›

Living in Covington: FAQ

What is the median household income in Covington, OK?

The median household income in Covington is $86,964, 34% higher than the Oklahoma median of $65,039 (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 $85,600, compared with $199,800 in Oklahoma.

How much is rent in Covington?

The median gross rent in Covington is $880 per month, about 11.7% of household income.

Is Covington, OK a good place to live?

Pluses: median household income 34% higher than the Oklahoma median; home values 57% lower than the state median; a poverty rate of 5.7%. Minuses: an average commute of 29 minutes; unemployment of 5.4%.

What is the median age in Covington?

The median age in Covington is 37.1 years (Oklahoma: 37).

How long is the commute in Covington?

The average commute to work in Covington is 29 minutes; 2.6% of workers work from home.

What is the unemployment rate in Covington?

The unemployment rate in Covington is 5.4% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).

How educated is Covington?

12.1% 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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