All Countries
Covington, TN
Full City Profile · Tennessee · Tipton County County
2.6
/5.0
C+
Fair
8,612
Population
753/sq mi density
$43,512
Median Income
$23,808 per capita
$163,900
Home Value
$201,448 Zillow
$910
Median Rent
30.7% income on rent
59°F
Avg Temperature
301 sunny days/yr
1,439
Violent Crime/100K
5,471 property/100K
C+
Overall
2.6 / 5.0
Fair overall score based on economy, affordability, safety and education
C+
Economy
2.9 / 5.0
$43,512 median income, 3.6% unemployment
A+
Affordability
4.6 / 5.0
$163,900 home value, $910/mo rent
F
Safety
1.0 / 5.0
1,439 violent crimes/100K (279% above avg)
C
Education
2.1 / 5.0
13.2% bachelor's degree or higher
Income Overview
Median Household Income
$43,512
42% below
US avg: $75,149
Per Capita Income
$23,808
39% below
US avg: $39,052
Unemployment Rate
3.6%
0% below
US avg: 3.6%
Poverty Rate
20.4%
65% above
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
$43,512
58%
Per Capita
US: $39,052
$23,808
61%
IRS Avg AGI
US: $72,000
$65,819
91%
Avg Weekly Wage
US: $1,432
$967
68%
Thin line = U.S. average (100%)
Employment & Commute
Avg Weekly Wage
$967
32% below US avg ($1,432)
Mean Commute Time
27 min
1% below US avg (28 min)
Work From Home
6.4%
58% below US avg (15.2%)
Drive Alone
79.0%
8% above US avg (73.2%)
Public Transit
0.0%
100% below US avg (5.0%)
County GDP
$1,763M
County-level GDP (BEA 2024)
How Residents Get to Work
Drive Alone
79%
Public Transit
0%
Work From Home
6.4%
Other
14.6%
Average commute time
27 minutes
US avg: 28 min
Business Landscape
Total Establishments
962
Restaurants
83
Healthcare
78
Retail
145
Manufacturing
27
Tax & Financial
IRS Avg Adjusted Gross Income
$65,819
9% below US avg ($72,000)
Avg Property Tax
$2,464
30% below US avg ($3,500)
Cost of Living Index
91.9
Below national average (100 = US avg)
Complete Economy Data
Income & Wages
| Median Household Income | $43,512 |
| Per Capita Income | $23,808 |
| IRS Avg Adjusted Gross Income | $65,819 |
| Avg Weekly Wage | $967 |
| County GDP | $1,763M |
Hardship Indicators
| Unemployment Rate | 3.6% |
| Poverty Rate | 20.4% |
| Gini Coefficient | 0.411 |
| Cost of Living Index | 91.9 |
Commute
| Mean Commute | 27 minutes |
| Drive Alone | 79.0% |
| Public Transit | 0.0% |
| Work From Home | 6.4% |
Businesses
| Total Establishments | 962 |
| Restaurants | 83 |
| Healthcare | 78 |
| Retail | 145 |
| Manufacturing | 27 |
Tax
| IRS Avg AGI | $65,819 |
| Avg Property Tax | $2,464 |