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Page8of8Covington has a population of approximately 11,155 and experiences a population change rate of 31.50%. The population density is 1,387.6 / sq mi .
The median household income for Covington is $70,511, with 3,869 households and an average household size of 2.58.
The median value of a home in Covington is $295,000 with an appreciation rate of 14.50%. 62.70% of housing in the state is owned while 28.19% is rented.
The cost of living in Covington is 105.3 %.
The unemployment rate in Covington is 2.80%, and recent job growth is at 1.62%. Future job growth is projected at 43.42%.
The sales tax rate in Covington is 9.45%, while the income tax rate is 4.25% .
School expenditures in Covington are $13,328, and the school ratio is 18.1:1.
The average high temperature in July is 91.1 degrees, with an average low temperature in January of 39.3 degrees. The average rainfall is approximately 62.8 inches per year, with 0.1 inches of snow per year.
