All Countries
Covington, KY
Full City Profile · Kentucky · Hamilton County County
3.3
/5.0
B
Good
40,902
Population
3,106/sq mi density
$58,814
Median Income
$36,410 per capita
$167,900
Home Value
$215,309 Zillow
$949
Median Rent
29.8% income on rent
55°F
Avg Temperature
293 sunny days/yr
466
Violent Crime/100K
2,912 property/100K
B
Overall
3.3 / 5.0
Good overall score based on economy, affordability, safety and education
B+
Economy
3.5 / 5.0
$58,814 median income, 3.0% unemployment
A+
Affordability
5.0 / 5.0
$167,900 home value, $949/mo rent
F
Safety
1.0 / 5.0
466 violent crimes/100K (23% above avg)
B+
Education
3.6 / 5.0
32.0% bachelor's degree or higher
Change Over Time (2013, 2023)
Population Change
+0.8%
40,864 → 41,176
over 10 years
Annual Pop. Growth
+0.08%
Compound annual growth rate
Median Income Change
+66.4%
$35,352 → $58,814
nominal, not inflation-adjusted
Annual Income Growth
+5.22%
Compound annual growth rate
Population Over Time
Total population for Covington across each available Census ACS release.
Median Household Income Over Time
Median household income reported by U.S. Census ACS. Values are nominal (not adjusted for inflation).
Projected 2030
Simple projections extrapolating the 2013, 2023 compound annual growth rate forward. These are mathematical extensions of recent trends, not forecasts, real outcomes depend on migration, policy and economic shifts.
Projected Population 2030
41,407
+231 from 2023 (41,176)
Projected Median Income 2030
$83,979
+$25,165 from 2023 ($58,814)
Year-by-Year Detail
| Year | Population | YoY % | Median Income | YoY % |
|---|---|---|---|---|
| 2013 | 40,864 | - | $35,352 | - |
| 2015 | 40,767 | -0.2% | $35,664 | +0.9% |
| 2017 | 40,554 | -0.5% | $38,346 | +7.5% |
| 2019 | 40,403 | -0.4% | $43,437 | +13.3% |
| 2021 | 40,837 | +1.1% | $47,917 | +10.3% |
| 2023 | 41,176 | +0.8% | $58,814 | +22.7% |
Source: U.S. Census ACS 5-Year Estimates (Data Commons). Home value and rent are not yet available historically.