Covington vs Richmond
| Covington | Richmond | |
|---|---|---|
| Population | 40,923 | 34,883 |
| Median Household Income | $61,166 | $50,870 |
| Median Home Value | $187,300 | $214,900 |
| Median Gross Rent | $1,006/mo | $917/mo |
| Homeownership Rate | 51.8% | 38.3% |
| Unemployment Rate | 5.7% | 6.7% |
| Bachelor's Degree or Higher | 32.2% | 34.9% |
| Median Age | 37.6 | 28.4 |
Source: U.S. Census Bureau, American Community Survey, ACS 2020-2024.