All Countries
Covington, IN
Full City Profile · Indiana · Fountain County County
3.1
/5.0
B
Good
3,112
Population
2,146/sq mi density
$54,962
Median Income
$30,905 per capita
$162,100
Home Value
$220,313 Zillow
$841
Median Rent
19.5% income on rent
51°F
Avg Temperature
275 sunny days/yr
336
Violent Crime/100K
2,122 property/100K
B
Overall
3.1 / 5.0
Good overall score based on economy, affordability, safety and education
B+
Economy
3.8 / 5.0
$54,962 median income, 2.4% unemployment
A+
Affordability
5.0 / 5.0
$162,100 home value, $841/mo rent
F
Safety
1.0 / 5.0
336 violent crimes/100K
C
Education
2.5 / 5.0
18.2% bachelor's degree or higher
Income Overview
Median Household Income
$54,962
27% below
US avg: $75,149
Per Capita Income
$30,905
21% below
US avg: $39,052
Unemployment Rate
2.4%
33% below
US avg: 3.6%
Poverty Rate
10.3%
17% below
US avg: 12.4%
Income Comparison: Covington vs. U.S. Average
Each bar shows Covington’s value as a percentage of the national average (100% line = U.S. avg)
Median Household
US: $75,149
$54,962
73%
Per Capita
US: $39,052
$30,905
79%
IRS Avg AGI
US: $72,000
$63,277
88%
Avg Weekly Wage
US: $1,432
$891
62%
Thin line = U.S. average (100%)
Employment & Commute
Avg Weekly Wage
$891
38% below US avg ($1,432)
Mean Commute Time
16 min
41% below US avg (28 min)
Work From Home
9.3%
39% below US avg (15.2%)
Drive Alone
67.7%
7% below US avg (73.2%)
Public Transit
1.6%
68% below US avg (5.0%)
County GDP
$638M
County-level GDP (BEA 2024)
How Residents Get to Work
Drive Alone
67.7%
Public Transit
1.6%
Work From Home
9.3%
Other
21.4%
Average commute time
16 minutes
US avg: 28 min
Business Landscape
Total Establishments
370
Restaurants
31
Healthcare
22
Retail
62
Manufacturing
24
Tax & Financial
IRS Avg Adjusted Gross Income
$63,277
12% below US avg ($72,000)
Avg Property Tax
$2,500
29% below US avg ($3,500)
Cost of Living Index
93.3
Below national average (100 = US avg)
Complete Economy Data
Income & Wages
| Median Household Income | $54,962 |
| Per Capita Income | $30,905 |
| IRS Avg Adjusted Gross Income | $63,277 |
| Avg Weekly Wage | $891 |
| County GDP | $638M |
Hardship Indicators
| Unemployment Rate | 2.4% |
| Poverty Rate | 10.3% |
| Gini Coefficient | 0.413 |
| Cost of Living Index | 93.3 |
Commute
| Mean Commute | 16 minutes |
| Drive Alone | 67.7% |
| Public Transit | 1.6% |
| Work From Home | 9.3% |
Businesses
| Total Establishments | 370 |
| Restaurants | 31 |
| Healthcare | 22 |
| Retail | 62 |
| Manufacturing | 24 |
Tax
| IRS Avg AGI | $63,277 |
| Avg Property Tax | $2,500 |