Median Household Income
$52,466 ± $5,246
Median Home Value
$164,400 ± $46,743
Median Gross Rent
$847 ± $48/mo
Per Capita Income
$34,700
Poverty Rate
15.0%
Unemployment Rate
4.3%
Homeownership Rate
62.0%
Bachelor's Degree or Higher
18.2%
Median Age
44.3
Average Commute
16 min
Households
1,348
Veterans
115
Population Over Time
Covington grew 16.2% from 2014 to 2024.
2014
2,641
2016
2,519
2018
2,424
2020
2,572
2022
3,039
2024
3,069
Population by Race & Ethnicity
White
90.5%
Hispanic or Latino
6.1%
Black or African American
1.1%
Asian
1.0%
Nearby Cities in Indiana
Source: U.S. Census Bureau, American Community Survey, ACS 2020-2024. Estimates carry a margin of error (shown as ±) inherent to ACS's sample-based methodology.