Living in Covington, Washington

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

Covington has 21,233 residents with a median age of 36.4. The median household income is $134,502 (37% higher than the Washington median), the median home value is $637,300, the median rent is $2,232/month.

Covington at a glance

Population
21,233
Median age
36.4State: 38.3
Median household income
$134,502State: $98,141
Median home value
$637,300State: $564,600
Median rent
$2,232/moState: $1,760
Homeowners
78.9%
Bachelor's degree or higher
37.3%
Average commute
33 min

Is Covington a good place to live?

Pros: Median household income 37% higher than the Washington median; unemployment of 4.1%; a poverty rate of 5%.

Cons: Home values 13% higher than the state median; an average commute of 33 minutes.

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 $637,300, 92% higher than the U.S. median. Renters pay a median of $2,232 per month, which is 29.9% of household income. Homeowners with a mortgage pay $2,668 a month in housing costs.

Median home value

Covington$637,300
Washington$564,600
United States$332,700

Median monthly rent

Covington$2,232
Washington$1,760
United States$1,413

Covington median household income

The median household income in Covington is $134,502 and the income per person is $54,866. 5% of residents live below the poverty line (Washington: 9.9%).

Median household income

Covington$134,502
Washington$98,141
United States$80,734

Housing in Covington: homes for sale and rent

Housing units
7,622
Owner-occupied
78.9%
Renter-occupied
21.1%
Vacant
3.2%Includes seasonal homes
Median year built
1994
Average household size
2.87

Covington demographics

Population
21,233
Median age
36.4
Under 18
23.6%
65 and older
12.1%
Households
7,377
Foreign-born
15.4%
Veterans
7.7%Adults 18+

Race and ethnicity

White61.2%
Hispanic or Latino11.2%
Black8.1%
Asian11.2%

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

Education in Covington

37.3% of adults 25 and older in Covington have a bachelor's degree or higher (Washington: 39.6%), and 13.4% have a graduate or professional degree.

Bachelor's degree or higher

Covington37.3%
Washington39.6%
United States35.7%

Jobs and commute in Covington

Unemployment rate
4.1%State: 5.1%
Average commute
33 minState: 27 min
Work from home
19.2%
Drive alone
69.2%
Public transit
0.8%
Walk to work
0.7%
Homes with broadband
96.3%

Covington vs nearby towns

TownPopulationMedian incomeHome valueRent
Covington21,233$134,502$637,300$2,232
Lake Morton-Berrydale11,183$129,833$714,200$2,017
Shadow Lake2,465$152,552$816,300$3,043
Maple Valley28,287$152,885$724,700$2,304
Lake Holm3,555$177,371$828,600—
Kent135,603$92,302$587,800$1,909
Maple Heights-Lake Desire4,113$143,148$876,200$3,130
Black Diamond5,961$141,383$779,100$1,453
Hobart6,552$160,536$950,300$2,726

More for people moving to Covington

Covington ZIP code ›Weather and climate ›

Living in Covington: FAQ

What is the median household income in Covington, WA?

The median household income in Covington is $134,502, 37% higher than the Washington median of $98,141 (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 $637,300, compared with $564,600 in Washington.

How much is rent in Covington?

The median gross rent in Covington is $2,232 per month, about 29.9% of household income.

Is Covington, WA a good place to live?

Pluses: median household income 37% higher than the Washington median; unemployment of 4.1%; a poverty rate of 5%. Minuses: home values 13% higher than the state median; an average commute of 33 minutes.

What is the median age in Covington?

The median age in Covington is 36.4 years (Washington: 38.3).

How long is the commute in Covington?

The average commute to work in Covington is 33 minutes; 19.2% of workers work from home.

What is the unemployment rate in Covington?

The unemployment rate in Covington is 4.1% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).

How educated is Covington?

37.3% 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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