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Covington, WA

Full City Profile · Washington · Pierce County County

3.5 /5.0
B+ Good
20,957 Population 3,534/sq mi density
$126,730 Median Income $53,508 per capita
$590,100 Home Value $670,976 Zillow
$2,220 Median Rent 32.6% income on rent
54°F Avg Temperature 240 sunny days/yr
166 Violent Crime/100K 2,682 property/100K
B+
Overall
3.5 / 5.0
Good overall score based on economy, affordability, safety and education
A+
Economy
4.9 / 5.0
$126,730 median income, 2.5% unemployment
A
Affordability
4.1 / 5.0
$590,100 home value, $2,220/mo rent
F
Safety
1.0 / 5.0
166 violent crimes/100K
B+
Education
3.9 / 5.0
35.9% bachelor's degree or higher

Income Overview

Median Household Income
$126,730
69% above
US avg: $75,149
Per Capita Income
$53,508
37% above
US avg: $39,052
Unemployment Rate
2.5%
31% below
US avg: 3.6%
Poverty Rate
2.0%
84% 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
$126,730
169%
Per Capita
US: $39,052
$53,508
137%
IRS Avg AGI
US: $72,000
$90,111
125%
Avg Weekly Wage
US: $1,432
$1,354
95%
Thin line = U.S. average (100%)

Employment & Commute

Avg Weekly Wage
$1,354
5% below US avg ($1,432)
Mean Commute Time
34 min
22% above US avg (28 min)
Work From Home
16.1%
6% above US avg (15.2%)
Drive Alone
73.2%
0% below US avg (73.2%)
Public Transit
1.1%
78% below US avg (5.0%)
County GDP
$64,941M
County-level GDP (BEA 2024)

How Residents Get to Work

Drive Alone 73.2%
Public Transit 1.1%
Work From Home 16.1%
Other 9.6%
Average commute time
34 minutes
US avg: 28 min

Business Landscape

Total Establishments
20,820
Restaurants
1,771
Healthcare
2,355
Retail
2,124
Manufacturing
537

Tax & Financial

IRS Avg Adjusted Gross Income
$90,111
25% above US avg ($72,000)
Avg Property Tax
$7,011
100% above US avg ($3,500)
Cost of Living Index
107.0
Above national average (100 = US avg)

Complete Economy Data

Income & Wages

Median Household Income$126,730
Per Capita Income$53,508
IRS Avg Adjusted Gross Income$90,111
Avg Weekly Wage$1,354
County GDP$64,941M

Hardship Indicators

Unemployment Rate2.5%
Poverty Rate2.0%
Gini Coefficient0.420
Cost of Living Index107.0

Commute

Mean Commute34 minutes
Drive Alone73.2%
Public Transit1.1%
Work From Home16.1%

Businesses

Total Establishments20,820
Restaurants1,771
Healthcare2,355
Retail2,124
Manufacturing537

Tax

IRS Avg AGI$90,111
Avg Property Tax$7,011