Covington, KY

Full City Profile · Kentucky · Hamilton County County

3.2 /5.0
B Good
40,902 Population 3,106/sq mi density
$58,814 Median Income $36,410 per capita
$167,900 Home Value $219,450 Zillow
$949 Median Rent 29.8% income on rent
55°F Avg Temperature
298 Violent Crime/100K 1,669 property/100K
B
Overall
3.2 / 5.0
Good overall score based on economy, affordability, safety and education
B
Economy
3.3 / 5.0
$58,814 median income, 4.6% unemployment
A+
Affordability
5.0 / 5.0
$167,900 home value, $949/mo rent
F
Safety
1.0 / 5.0
298 violent crimes/100K
B+
Education
3.6 / 5.0
32.0% bachelor's degree or higher

Covington, KY

At a Glance

Median Income
$58,814
22% below
$36,410 per capita
Home Value
$167,900
40% below
Zillow: $219,450
Median Rent
$949/mo
18% below
29.8% of income on rent
Violent Crime
298/100K
22% below
1,669/100K property
Bachelor's Degree+
32.0%
5% below
87.0% high school+
Unemployment
4.6%
28% above
15.6% poverty rate
Obesity Rate
31.0%
3% below
20.7% smoking rate
Avg Temperature
55°F

How Covington Compares to the U.S. Average

Each bar shows Covington's value as a percentage of the national average (100% = U.S. avg)

Income
78%
Home Value
60%
Rent
82%
Poverty
126%
Bachelor's
95%
Unemployment
128%
Crime
78%
Thin vertical line = U.S. national average (100%)

Is Covington a Good Place to Live?

B
3.2 / 5.0 - Good
Based on economy, affordability, safety, and education metrics compared to national averages.

Economy & Jobs

Covington residents earn a median household income of $58,814 , which is 22% below the national average of $75,149. Per capita income is $36,410. The unemployment rate stands at 4.6% (28% above the U.S. rate of 3.6%). 15.6% of residents live below the poverty line. The area is home to 27,215 business establishments, including 2,075 restaurants.

Housing & Cost of Living

The median home value in Covington is $167,900 , 40% below the national median of $281,900. Zillow estimates the typical home at $219,450. Median rent is $949/month, with 29.8% of renters spending more than 30% of income on housing. The cost of living index is 90.2 (100 = national average). The median home was built in 1947.

Safety & Crime

Covington reports 298 violent crimes per 100,000 residents , which is 22% below the national average of 380/100K. Property crime is 1,669/100K. The murder rate is 4.9/100K.

Education

32.0% of adults in Covington hold a bachelor's degree or higher (5% below the national average). 87.0% have completed high school. Local schools score 5.5/10 in standardized testing.

Climate & Weather

Covington has an average annual temperature of 55°F (13°C). Winters average 32°F in January while summers reach 76°F in July. Annual precipitation totals 43.4 inches.

Data Overview

People

Population40,902
Median Age37.6 yrs
Density3,106/mi²
Male / Female51% / 49%
Foreign Born5.4%
Veterans6.0%

Economy

B
Median Income$58,814
Per Capita$36,410
Unemployment4.6%
Poverty15.6%
County GDP$107,275M
Avg Weekly Wage$1,479

Housing

A+
Home Value$167,900
Rent$949
Ownership51.5%
Zillow$219,450
Housing Units21,066
Rent Burden29.8%

Crime

F
Violent298/100K
Property1,669/100K
Murder4.9/100K
Assault144/100K
Burglary210/100K

Health

Obesity31.0%
Diabetes10.6%
Smoking20.7%
Heart Disease6.7%
Premature Death9,669/100K

Climate

Avg Temp55°F
Rain43.4 in/yr
Elevation587 ft

Education

B+
Bachelor's+32.0%
High School+87.0%
Graduate+10.5%
School Score5.5/10

Community

2024 VoteR 42% / D 57%
Commute23 min
Broadband85.2%
Internet Speed221 Mbps
EV Stations3
Libraries41

Did You Know?

Covington was founded in 1815.
The median home in Covington was built in 1947.
The nearest airport is Cincinnati/Northern Kentucky International (8 miles).
The Gini coefficient (income inequality) is 0.505 (U.S. avg: 0.490).
Natural hazard risk is rated "Relatively High" by FEMA.
16.5% of the population has a disability.
Average internet download speed is 221 Mbps.
There are 2,075 restaurants in the area.
The county recorded 75 fatal vehicle crashes.