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Covington, VA
Full City Profile · Virginia · Covington city County
2.7
/5.0
C+
Fair
5,671
Population
1,037/sq mi density
$42,724
Median Income
$24,067 per capita
$80,200
Home Value
$153,868 Zillow
$822
Median Rent
28.8% income on rent
53°F
Avg Temperature
317 sunny days/yr
93
Violent Crime/100K
2,159 property/100K
C+
Overall
2.7 / 5.0
Fair overall score based on economy, affordability, safety and education
B
Economy
3.1 / 5.0
$42,724 median income, 1.1% unemployment
A+
Affordability
5.0 / 5.0
$80,200 home value, $822/mo rent
F
Safety
1.0 / 5.0
93 violent crimes/100K
D
Education
1.8 / 5.0
9.6% bachelor's degree or higher
Income Overview
Median Household Income
$42,724
43% below
US avg: $75,149
Per Capita Income
$24,067
38% below
US avg: $39,052
Unemployment Rate
1.1%
69% below
US avg: 3.6%
Poverty Rate
20.6%
66% 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
$42,724
57%
Per Capita
US: $39,052
$24,067
62%
IRS Avg AGI
US: $72,000
$46,980
65%
Avg Weekly Wage
US: $1,432
$1,114
78%
Thin line = U.S. average (100%)
Employment & Commute
Avg Weekly Wage
$1,114
22% below US avg ($1,432)
Mean Commute Time
15 min
44% below US avg (28 min)
Work From Home
8.6%
43% below US avg (15.2%)
Drive Alone
86.0%
17% above US avg (73.2%)
Public Transit
0.0%
100% below US avg (5.0%)
How Residents Get to Work
Drive Alone
86%
Public Transit
0%
Work From Home
8.6%
Other
5.4%
Average commute time
15 minutes
US avg: 28 min
Business Landscape
Total Establishments
293
Restaurants
19
Healthcare
13
Retail
37
Manufacturing
8
Tax & Financial
IRS Avg Adjusted Gross Income
$46,980
35% below US avg ($72,000)
Avg Property Tax
$1,700
51% below US avg ($3,500)
Cost of Living Index
101.1
Above national average (100 = US avg)
Complete Economy Data
Income & Wages
| Median Household Income | $42,724 |
| Per Capita Income | $24,067 |
| IRS Avg Adjusted Gross Income | $46,980 |
| Avg Weekly Wage | $1,114 |
Hardship Indicators
| Unemployment Rate | 1.1% |
| Poverty Rate | 20.6% |
| Gini Coefficient | 0.397 |
| Cost of Living Index | 101.1 |
Commute
| Mean Commute | 15 minutes |
| Drive Alone | 86.0% |
| Public Transit | 0.0% |
| Work From Home | 8.6% |
Businesses
| Total Establishments | 293 |
| Restaurants | 19 |
| Healthcare | 13 |
| Retail | 37 |
| Manufacturing | 8 |
Tax
| IRS Avg AGI | $46,980 |
| Avg Property Tax | $1,700 |